Buyer Representation Benefits – Hiring a Buyers Agents

Important reasons to hire a Buyers Agent for New Construction Homes

Buying-a-Lake-Norman-Home-for-Sale

1) The builder’s representative is often not a licensed Sherrills Ford, NC Real Estate Agent

… but an employee of the builder. Their legal obligations to you as a buyer are different than what the NC Real Estate Commission requires of licensed brokers…or Buyer Representation

The problem is that the builder’s representative is asking many questions which buyers shouldn’t be answering that expose the buyer’s motivation for Buying a Sherrills Ford, NC Home. Buyers are lulled into answering feeling like the builder’s representative is nice and professional. That type of information would not be accessible to the seller in a situation where the buyer is buying a used home because the buyer’s agent would know the info but not share it with the seller’s representative.

2) The Buyer Agent Represents You In The Transaction

…Having Buyer Representation and an Agent working for you will make all the difference in the world. You have a full-time job, how else could you afford this property? The Martin Real Estate Team of Sherrills Ford, NC will be there for you, when you can’t. We will explain the contract to you. We will point out where you are exposed and when you can lose your deposit. Your realtor will be there throughout the process. Your realtor may find another Sherrills Ford, NC New Construction Homes (click to view webpage) project that you just may like even more.

You will have many decisions to make during the process such as the grade and quality of your kitchen cabinets, bathroom tiles, flooring. Your Sherrills Ford, NC Real Estate Agent will point out upgrades that will retain their resale value and not just the most expensive material. Things that you should have and things that are not important. And most importantly- things that you can afford. Also, by having Buyer Representation, your agent will explain when you get an independent home inspector.

3) Communication

…is the biggest complaint that buyers have with new Sherrills Ford construction. Buyers have an understanding based on what the sales representative says and then the buyers move on to deal with the project manager who actually builds the house. Sometimes the builder will then tell the buyer something different and if there is nothing in writing to prove it was included in the contract, it is difficult to enforce. Examples of items are drainage, grading, how many steps to the front door and from the garage into the house.

4) The Buyers Agents Knows the Local Real Estate Market

…Your agent has worked with builders before handling Buyer Representation. A Sherrills Ford Buyers Agents knows which ones are dependable and which projects are a good value. They can tell if that $5,000 credit the builder is giving you for closing or “free” upgrades is really the best deal for you. In most cases, that $5,000 is tacked on somewhere else along the way without you realizing it- either with higher lender fees or title insurance costs.

5) You Are Already Paying For It

…Especially in this buyer’s market, the builder has already budgeted into the sales price the cost of paying a buyer’s agent. Most buyers don’t know this. So what happens when the buyer does not have Buyer Representation when buying the property? That builder has just made more money in the sale of your home. If you have not negotiated the price minus the amount of the agent’s fee, the builder will keep it for themselves. But they haven’t told you that. So, if you are already paying for it, why wouldn’t you want to hire a real estate agent to represent you? Most importantly, you need to have your Lake Norman Agent with you BEFORE you make that first visit to a sales office. If you decide you need a buyer’s agent after you have “registered” with the builder, any Sherrills Ford Buyers Agents fees will come out of your pocket.

6) Final Sales Price

…Buyers need help understanding what their final sales price will be after they make all their selections. The process in our area starts with the buyer signing the contract and then the buyers go to the design center to select cabinets, appliances, etc.. Having a buyer’s agent in Sherrills Ford who attends those meetings helps ensure that the information provided by any of those builder employees is documented. Buyers also need help understanding what selections and upgrades help resale and which ones just help the builder’s profit margin.

7) Zoning and adjacent land

…in a community is a very important consideration. Builder’s representatives practice how to present less desirable aspects of a lot or community to buyers to minimize questions and objections. A good Lake Norman, NC Buyers Agents is going to explain to you how those aspects affect the resale value and how the community might change.

An example is land not owned by the builder that is currently undeveloped. It could be in the process of being developed or could be developed in the future. What type of housing or commercial buildings or the proximity of future roads that might be built is very important information a buyer should consider before purchasing a new home.

8) Contracts

…Builders usually use their own contracts that are drafted by their attorneys and are clearly written to benefit the builder over the buyer. Contracts on used homes usually use a contract drafted by the state bar that is designed to be more equally weighted between the buyer and seller.

Even if you visit a new home community before you realize you need Buyer Representation, it is a good idea to get a buyer’s agent involved before you make an offer. The process of buying a new home is not as simple as you might have thought.

See Also: Lake Norman New Construction Homes

Sherrills-Ford-NC-Buyers-Agents

Contact our Team - 704.900.1619

Sherrills Ford, NC New Construction Homes

Sherrills Ford homes

Listings 1 - 20 of 26   next

8946 Fair Oak Drive -- 5 BR, 6.1 BA
Price: $1,600,000 (5126 sqft)
Subdivision: Northview Harbour
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Lake Norman Realty, | MLS # 3530836 | Contract
7057 Tallent Court -- 3 BR, 3.2 BA
Price: $995,000 (4516 sqft)
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CK Select Real Estate | MLS # 3593047 | Contract
9015 Garrison Road -- 4 BR, 3.1 BA
Price: $610,000 (3412 sqft)
Subdivision: Northview Harbour
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EXP REALTY LLC | MLS # 3637216 | Active
4589 Kobus Court -- 4 BR, 3 BA
Price: $446,500 (2805 sqft)
Subdivision: Magnolia Cove
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Listwithfreedom.com | MLS # 3640355 | Active
3303 Mountain Creek -- 3 BR, 3 BA
Price: $419,000 (2175 sqft)
Subdivision: Mountain Creek Ridge
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EXP REALTY LLC | MLS # 3619622 | Active
6677 Loebner Drive -- 4 BR, 3 BA
Price: $402,200 (2805 sqft)
Subdivision: Magnolia Cove
→ More info
Keller Williams South | MLS # 3641410 | Active
4529 Stellata Loop -- 4 BR, 3 BA
Price: $402,000 (2805 sqft)
Subdivision: Magnolia Cove
→ More info
Listwithfreedom.com | MLS # 3643497 | Active
4532 Stellata Loop -- 4 BR, 3 BA
Price: $395,200 (2567 sqft)
Subdivision: Magnolia Cove
→ More info
Keller Williams South | MLS # 3641449 | Active
6618 Star Drive -- 4 BR, 3 BA
Price: $388,250 (2567 sqft)
Subdivision: Magnolia Cove
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Keller Williams South | MLS # 3640465 | Active
4526 Stellata Loop -- 3 BR, 2 BA
Price: $381,650 (2110 sqft)
Subdivision: Magnolia Cove
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Keller Williams South | MLS # 3641445 | Active
6636 Star Drive -- 4 BR, 3 BA
Price: $378,200 (2567 sqft)
Subdivision: Magnolia Cove
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Listwithfreedom.com | MLS # 3639054 | Active
6630 Star Drive -- 4 BR, 3 BA
Price: $377,950 (2805 sqft)
Subdivision: Magnolia Cove
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Keller Williams South | MLS # 3641395 | Active
4547 Stellata Loop -- 4 BR, 3 BA
Price: $367,800 (2567 sqft)
Subdivision: Magnolia Cove
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Keller Williams South | MLS # 3641431 | Active
6642 Star Drive -- 3 BR, 2 BA
Price: $364,750 (2110 sqft)
Subdivision: Magnolia Cove
→ More info
Listwithfreedom.com | MLS # 3639826 | Active
4541 Stellata Loop -- 3 BR, 2 BA
Price: $364,550 (2110 sqft)
Subdivision: Magnolia Cove
→ More info
Keller Williams South | MLS # 3641439 | Active
4535 Stellata Loop -- 4 BR, 2 BA
Price: $361,550 (2567 sqft)
Subdivision: Magnolia Cove
→ More info
Listwithfreedom.com | MLS # 3639490 | Active
4544 Stellata Loop -- 4 BR, 3 BA
Price: $357,500 (2567 sqft)
Subdivision: Magnolia Cove
→ More info
Listwithfreedom.com | MLS # 3640133 | Active
6624 Star Drive -- 3 BR, 2 BA
Price: $350,600 (2110 sqft)
Subdivision: Magnolia Cove
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Keller Williams South | MLS # 3641324 | Active
4550 Stellata Loop -- 3 BR, 2 BA
Price: $337,900 (2110 sqft)
Subdivision: Magnolia Cove
→ More info
Keller Williams South | MLS # 3641454 | Active
6683 Loebner Drive -- 3 BR, 2 BA
Price: $326,400 (2110 sqft)
Subdivision: Magnolia Cove
→ More info
Keller Williams South | MLS # 3641404 | Active

Listings 1 - 20 of 26   next

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