Monday, February 18, 2008

Why do I need a real estate agent when buying a new home?

The on-site agent represents the builder and although probably nice and cordial, not interested in negotiating with the builder as they have been hired by the builder to sell homes at a maximum price.


Using a buyer's agent to negotiate on your behalf costs you nothing. Commissions are paid by the builder/seller.

Builders have negotiating dollars built into their listing prices. They are already prepared to shave off thousands of dollars to make the unrepresented buyer feel like they negotiated a great deal. Truth is, there was probably money left on the table for the buyer.

A realtor representing you (buyer's agent) has more information at their fingertips regarding home values than is accessible by most people. Your realtor will know the fullest extent of negotiating limits. They should understand the area trends and have access to the data that will assist you in negotiating the best new home buying deal.

Contracts for new homes are written in the builder's favor in most cases. Having an experienced agent review these agreements can determine your satisfaction with closing the deal on the home.

The buyer's agent can shield your from aggressive on-site realtors who can tend to overstep boundaries in a constricting real estate market. A buyer's agent can make your new home shopping experience more focused on finding the right home and less time spent dealing with pesty builder agents.

The builder's agent will almost always direct you to finance options in which they have an interest in. A buyer's agent will be able to help you explore other finance options and varying lender's to match your requirements.

In summation, not using a buyer's agent can cost you thousands in negotiating dollars and possibly leave you with a less than pleasant real estate buying experience.

Let me represent you in your new home purchase. Why waste time, money and risk making critical mistakes going into a new home purchase without representation. 

Contact me as your buyer's agent and visit realestateagentinatlanta.com to find out more.

No comments: