You’re Buying New Construction- Do You Need A Realtor?

    In short, yes.

    Buying a new-construction home is exciting. You get to build your dream from the ground up, often times choosing your lot, model, finishes and upgrades. However, like any home purchase, buying new construction is still serious business.

    Here’s why you’ll want a Krueger agent on your side:

    Purchasing new construction can be more complicated and intimidating than buying a resale home.
    In general, builders’ model homes are staffed by agents who work directly for and represent the builder. These agents provide a valuable service: They can explain differences between models and floor plans and share information about financing options, upgrades and specials. But, they are still contractually obligated to represent the builder, so you’ll want an agent representing you too.

    Finding the right model and picking your upgrades is the fun part, but once you’re ready to sign the contract, you’ll want to have an area expert working diligently on your behalf. A KRE agent will do the research, negotiate the terms, and work with the builder’s agent to ensure you’re getting the best deal possible.

    One of the most important considerations for any buyer is fiduciary responsibility.
    When you enlist the services of a KRE agent, you’ll have an expert who’s looking out for your best financial interests, and whose main objective is to protect you. Our agent will help you navigate the new-construction contract, by outlining how specific clauses, riders and upgrade options may affect you, and by making sure you know all you need to know before signing on the dotted line.

    Builders are not like regular sellers.
    They are not emotionally attached to the property, and are more likely to make decisions based on what is best for their bottom line. Builders also don’t typically like to reduce their prices, because in doing so, they’re setting precedence for future home sales. However, they are more likely to pay for closing costs or offer design center incentives, so knowing which questions to ask is key!

    Signing a contract with a builder is just the beginning.
    You must also line up financing, work with title companies and attend numerous inspections throughout the construction process. A KRE agent will manage the process for you- ensuring you’re not missing anything at each construction milestone.

    Interested in buying a new build? Contact us here.

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