Do I Need a Realtor to Buy a New Build in Columbus?

Do I Need a Realtor to Buy a New Build in Columbus?A common misconception among buyers is that there is no need to have a realtor when you are buying a new construction home. Because the process of buying a new build is so different from buying an existing property, and can feel more like a typical shopping experience, some buyers figure they will just represent themselves.

While you certainly can, you should first understand the reasons we recommend having a realtor. Check out these common misconceptions to make sure you're ready to buy with confidence and solid information. 

Misconception: The Builder's Agent Has My Best Interests in Mind

Many buyers assume that the builder's sales agent will guide them through the process just like a realtor would. However, it's essential to understand that the builder's sales agent represents the builder, not the buyer. Even when you choose a builder with a great reputation, their aim at the end of the day is to serve their own interests. The agent's primary goal is to sell the builder's homes, often at the highest price and most favorable terms for the builder. The sales agent likely also is incentivized by the builder to support the company's goals. 

A realtor, on the other hand, represents you, the buyer. Our fiduciary duty is to act in your best interest, ensuring that you get the best deal possible. We can advocate on your behalf, provide unbiased advice, and help you navigate the complexities of purchasing a new construction home.

Misconception: I Can Save Money By Not Using a Realtor

Another common belief is that skipping a realtor will save money, presumably by avoiding realtor commissions. In reality, the commission for a buyer’s agent is paid by the builder and is already factored into the sales price of the home. Therefore, not using a realtor doesn’t usually save you any money; instead, it may cost you more in the long run.

A skilled realtor can help you negotiate a better price, secure upgrades, and obtain incentives that the builder might not have initially offered. We can help to identify and mitigate potential issues that could lead to costly repairs or changes down the line.

Misconception: Buying a New Build is Simple and Straightforward

While the process of buying a new construction home may seem straightforward, it often involves many intricate details and potential pitfalls. From understanding the builder's contract terms to ensuring the home meets quality standards, there are many aspects that require careful consideration and expertise.

We are experienced in dealing with new construction transactions. we can help you review and understand the contract, verify that all promised features and finishes are included, and ensure that timelines are met. Our expertise can prevent misunderstandings and legal issues, providing you with peace of mind throughout the process.

Misconception: The Builder Handles Inspections

Buyers might assume that because the home is brand new, it doesn't require the same level of scrutiny as a resale property. However, new homes can have their share of defects and issues. Builders typically conduct their own inspections, but these inspections may not be as thorough as an independent evaluation.

We will help you hire an independent home inspector to conduct a detailed examination of the property. This third-party inspection ensures that any issues are identified and addressed before closing, protecting your investment and ensuring the home’s quality.

Benefits of Using a Realtor

Realtors provide essential services that go beyond simply finding a home. These are some of the benefits:

Expert Negotiation Skills: We bring professional negotiation skills to the table. We can negotiate price, upgrades, and terms that favor the buyer, potentially saving you thousands of dollars.
Local Market Knowledge: we have in-depth knowledge of the local market. We can provide insights into the best communities, builders with good reputations, and future developments that might impact your home’s value.
Time and Stress Management: Navigating the purchase of a new construction home can be time-consuming and stressful. We will manage the paperwork, communication with the builder, and scheduling of inspections, making the process smoother and less overwhelming for you.
Connections and Resources: We have networks of trusted professionals, including inspectors, contractors, and lenders. We can recommend reliable service providers, ensuring that you receive quality services throughout the buying process.
Ongoing Support: Even after the purchase, a realtor can provide ongoing support. We can assist with any issues that arise during the construction phase, the warranty period, and beyond.

Erika Rogers of Red Rock Real Estate shared this insight: 

"Choosing to have a realtor represent you when buying a new construction home is like having a seasoned navigator on an uncharted voyage. Our clients benefit immensely from our expertise and advocacy. We ensure they get the best value, avoid potential pitfalls, and gain access to exclusive opportunities they might not have known about. It's our job to make the complex process seamless and to turn their dream home into a reality without the stress."

Want to learn more about how we can help you find new construction homes for sale in Columbus? We're here to walk with you every step of the way. Contact us any time to learn more.   

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