Using a Realtor for New Construction
Should I use a Realtor to buy new construction?
When buying new construction many buyers believe it’s a good idea to not have a real estate agent and to use the builder representative. The thought process behind this real estate myth is that it can save them money which is absolutely false. A realtor’s commission is paid by the builder and does not affect your purchase price.
It’s important that when hiring a real estate agent to represent you in the purchase of a new construction home that you know ask the right questions. Having an experienced buyers’ agent is important when buying an existing home, but having a real estate agent who has experience with new construction is critical.
Some of the questions to consider asking real estate agents when buying new construction include;
• Are you familiar with the new construction process?
• Do you have any lenders who specialize in new construction loans?
• How many new construction homes have you sold in the past?
If you are thinking about purchasing a new home and have questions or would like representation reach out to us 215-757-7257.
Using a Realtor for New Constuction
Carol Swain. A senior real estate specialist with 25+ years of experience in the real estate industry.