Friday, July 24, 2009

Why should you use a Realtor to purchase a new home?

The advantages of having a Realtor® help you purchase a new home are the same as those for purchasing a resale home:
  • Knowledge of the market
  • Help in finding the perfect home quickly
  • Expertise in contract writing/negotiation
  • Closing assistance

The builder has a professional representative watching out for his/her needs, and you need the same expert representation. Your Realtor® will get to know your needs and wants and help find that perfect home and also provide valuable information on what to watch out for.

Buying a new home is a little more difficult and time-consuming than buying a resale. As a Realtor® I have experience working with builders and have access to a database of information about subdivisions, floor plans, etc. I am also familiar with new home warranties and builders purchase contracts for all the builder in the area. It is very important that your interests be professionally represented when you are entering into a contract for a new home. These transactions are complex and the contract details must be exact in order to protect you and to ensure you get exactly the home you want!

Is there any advantage to not using a Realtor® to purchase a new home?
No. There is no financial advantage for you to buy directly from the builder. Builders have a “single-price” policy, meaning you will be charged the same price whether your interests are represented by a Realtor® or not. Just as in any resale, the Seller pays your Realtor’s fee. Magnolia Properties does not charge buyers Transaction fees.

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