Reasons For Working With A Real Estate Agent When Purchasing An Under Construction House
When you decide to buy a house you can chose to do it all yourself or work with a real estate agent. Newly developing communities usually have an on-site agent to assist homebuyers looking to purchase an under construction home. It is always a good idea to consider having your very own agent to work with in the selection of your new home. This can save you a great deal of money during the purchase and further down the road.
Whether in new home construction or just buying a home in general, agents add a real value to the home buying experience, especially for those who will be purchasing a home for the first time. There are countless legal issues involved in buying a home that you wont want to dig through. Not only will having an agent help ease the new homebuyer into everything that is required to purchase a home but it will provide many benefits that will be seen later on.
A real estate agent is also able to help the homeowner select and design the home that is perfect for the needs and desires of the family.
When you chose a real estate agent make sure that they are working for you and you only. This will not be the case if you allow an on-site agent to act as your real estate agent because they are then required to perform what is called dual representation. It would be like having a lawyer who is representing both parties in a case. It doesnt sound too convincing, huh? No, it isnt. Granted, an on-site agent will do everything they can to help you choose a house but you must remember they represent the company they work for.
Its just as important to find the right real estate agent as it is to have one. Consider the following points when choosing.
1. Take time to investigate their references. Like any trade, some agents have a good reputation and some dont. Dont just believe everything they say. Investigate their claims before moving forward.
2. Dont let the commission rate be the only deciding factor for your choice. Once you check their references you should have an idea which agent you would like to work with. Perhaps it is someone who charges a higher commission. It is likely they will work very hard to get you what you want. In the long run, a couple thousand dollars will not matter as much as being confident that you have chosen the best agent for you and the best home for your needs.
Opting to use a real estate agent as opposed to doing everything yourself can have a monumental effect on your experience that you will feel both during the buying process and years in the future. Make an informed decision and remember that buying a home is an exciting event.
by: Terry Black