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 38   next

3618 Tee Street -- 4 BR, 3.1 BA
Price: $1,540,900 (4014 sqft)
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Lake Norman Realty, | MLS # 4103768 | Active
9627 Riviera Drive -- 4 BR, 3.1 BA
Price: $999,000 (3560 sqft)
Subdivision: Island Point
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Tyson Sold | MLS # 4079630 | Active
4443 Giles Avenue -- 4 BR, 3 BA
Price: $975,000 (3574 sqft)
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Mooresville Realty LLC | MLS # 4062227 | Active
3171 Stonemill Path -- 4 BR, 3.1 BA
Price: $925,000 (3681 sqft)
Subdivision: Mountain Creek Ridge
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Coldwell Banker Boyd | MLS # 4115697 | Active
8840 Dog Leg Road -- 4 BR, 3.1 BA
Price: $905,000 (2709 sqft)
Subdivision: Sherwood Shores
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Lake Norman Realty, | MLS # 4117529 | Active
8116 Cypress Street -- 4 BR, 3 BA
Price: $780,022 (2836 sqft)
Subdivision: Cypress Farms
→ More info
EXP Realty LLC | MLS # 4036968 | Contract
8692 Sherrills Ford Road -- 5 BR, 3.1 BA
Price: $749,900 (3422 sqft)
→ More info
Pilot Realty & | MLS # 4012117 | Contract
4243 Candlewood Drive -- 4 BR, 2.1 BA
Price: $745,900 (3038 sqft)
Subdivision: Cypress Farms
→ More info
EXP Realty LLC | MLS # 3859879 | Active
8094 Cypress Street -- 4 BR, 2.1 BA
Price: $725,000 (2795 sqft)
Subdivision: Cypress Farms
→ More info
EXP Realty LLC | MLS # 3859836 | Contract
4251 Candlewood Drive -- 4 BR, 2.1 BA
Price: $719,900 (2795 sqft)
Subdivision: Cypress Farms
→ More info
EXP Realty LLC | MLS # 3859872 | Active
4257 Candlewood Drive -- 4 BR, 3 BA
Price: $718,805 (2836 sqft)
Subdivision: Cypress Farms
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EXP Realty LLC | MLS # 4036981 | Active
1871 Lynmore Drive -- 3 BR, 3.1 BA
Price: $650,000 (2886 sqft)
Subdivision: White Dove Estates
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Helen Adams Realty | MLS # 4074306 | Contract
8680 Sherrills Ford Road -- 3 BR, 2 BA
Price: $619,900 (2474 sqft)
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Pilot Realty & | MLS # 4012111 | Contract
8764 Acadia Parkway -- 5 BR, 4 BA
Price: $574,500 (3796 sqft)
Subdivision: Laurelbrook
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Eastwood Homes | MLS # 4092140 | Contract
8764 Acadia Parkway -- 5 BR, 4.1 BA
Price: $563,000 (3477 sqft)
Subdivision: Laurelbrook
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Eastwood Homes | MLS # 4093987 | Active
8752 Acadia Parkway -- 4 BR, 3.1 BA
Price: $551,000 (3330 sqft)
Subdivision: Laurelbrook
→ More info
Eastwood Homes | MLS # 4093089 | Active
8768 Acadia Parkway -- 5 BR, 4 BA
Price: $540,000 (3435 sqft)
Subdivision: Laurelbrook
→ More info
Eastwood Homes | MLS # 4092441 | Active
8744 Acadia Parkway -- 3 BR, 2.1 BA
Price: $521,000 (2611 sqft)
Subdivision: Laurelbrook
→ More info
Eastwood Homes | MLS # 4093071 | Active
8740 Acadia Parkway -- 5 BR, 4 BA
Price: $510,000 (2788 sqft)
Subdivision: Laurelbrook
→ More info
Eastwood Homes | MLS # 4093038 | Active
8756 Acadia Parkway -- 5 BR, 3 BA
Price: $500,000 (3059 sqft)
Subdivision: Laurelbrook
→ More info
Eastwood Homes | MLS # 4090326 | Contract

Listings 1 - 20 of 38   next

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