Welcome back to our New Buyer Series! In the final installment of this series, we dive into an often-overlooked aspect of buying a new home from a builder: the importance of using a real estate agent. In this post, we’ll summarize the key points discussed in the video, where Josh Tagg and real estate expert Jay Lewis explain why having a realtor on your side can make a huge difference when purchasing a new build.
The Cost of Using a Real Estate Agent
One of the most common misconceptions is that hiring a real estate agent when buying a new home from a builder will cost you extra money. As Jay Lewis points out in the video, this is simply not the case. Builders expect that many buyers will want the expertise of a realtor and typically do not charge extra for their involvement. In fact, having a realtor can save you money in the long run by helping you make informed decisions and avoid costly mistakes.
Choosing the Right Lot
When it comes to buying a new home, the lot you choose is just as important as the house itself. Jay discusses several critical factors to consider when selecting a lot, such as the direction it faces, proximity to community features like fire hydrants and mailboxes, and whether it’s a high-exposure lot that might require additional expenses for landscaping and exterior finishes. A realtor can help you navigate these decisions, ensuring you choose a lot that not only meets your needs now but also holds its value when it comes time to sell.
Making Smart Upgrade Decisions
Building a new home often involves selecting upgrades and customizations, which can be both exciting and overwhelming. Jay advises buyers to focus on upgrades that are difficult or costly to add later, such as additional lighting or extra electrical outlets. On the other hand, cosmetic upgrades, like fancy door handles, can often be added after the home is built, potentially saving you money. A realtor can help you prioritize these decisions logically, avoiding emotional overspending on features that won’t necessarily add value to your home.
The Role of the Realtor vs. Builder Sales Reps
One of the most important points raised in the video is the distinction between the role of your realtor and the builder’s sales representatives. While the sales reps work for the builder and are motivated to sell, your realtor works for you, ensuring that your interests are protected throughout the buying process. This advocacy can be crucial in making sure you get the best deal and avoid pitfalls that could cost you down the line.
Conclusion
Buying a new home from a builder is a significant investment, and having the right guidance can make all the difference. By partnering with a knowledgeable real estate agent, you can navigate the complexities of choosing the right lot, making smart upgrade decisions, and ultimately ensuring that your new home is a sound investment. If you’re considering buying a new home, reach out to us before visiting any builders—let’s make sure you have the expert representation you deserve.
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