The Value of an Agent When Buying New Construction
Buying a newly constructed home is an exciting experience.
From being the first owner, customizing your home’s features, and in some cases getting the chance to watch it being built from the ground up, there are a lot of benefits. Navigating the complexities of buying a home that’s under construction can also be overwhelming. There are a lot of things to be aware of – and this is where a skilled agent makes the difference.
As The Mortgage Reports[1] puts it:
“Your Realtor or real estate agent will be key to helping you navigate this process… they can guide you through construction and help anticipate and solve for any possible snags along the way.”
As new construction is on the rise[2], here are the ways that an agent is invaluable in your search to find and buy a new home.
Agents Know the Local Area and Market
Your agent is well-versed in the emerging communities and upcoming developments that could influence your decision. For example, you’ll want to be aware if there were any plans to construct a highway through the woods behind your prospective backyard. It’s important to consider how the neighborhood and surrounding area might evolve before making your home purchase. Neighborhoods may change seasonally as well, as certain areas become more densely populated as summer or winter retreats.
Your agent can help you find a community that perfectly aligns with your preferences, lifestyle, and future needs. They are tapped in to the community and will understand its likely evolution.
Knowledge of Construction Quality and Builder Reputation
An agent also has the expertise to evaluate the construction quality and the reputations of different builders. Their knowledge and experiences with local builders allow them to offer insights into each one’s track record, customer satisfaction and construction practices. This information can help you avoid any potential risks and help you confidently select a builder known for delivering quality homes.
Helping You Customize and Upgrade
The most obvious benefit of opting for new home construction is the opportunity to customize your home to suit your preferences. Your agent will guide you through the process and share advice on the upgrades that are most likely to add long-term value to your home. Their expertise ensures you focus your budget on areas that will give you the greatest return on investment, be it financial or contentment.
Helping You Navigate Builder Contracts
Builder contracts can be complex and differ from traditional home purchase agreements. Your agent can help you navigate these contracts to make sure you fully understand the terms and conditions. They’re skilled negotiators who can advocate on your behalf, potentially securing better deals, upgrades, or incentives for you throughout the process.
Final Thoughts
The guidance and expertise of a local real estate agent can make all the difference in turning your vision of the perfect home into a reality. Visit the OneKey MLS Real Estate Agent Directory so you can feel confident about shopping for and purchasing new construction on your homeownership journey.
Related Post: Momentum is Building for New Home Construction
Related Post: Are You Ready to Buy?
Adapted from KCM.
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