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So you want to build your own home. Should you use a Salt
Lake real estate agent? Or will you save money by buying
directly from the builder?
A well qualified REALTOR will save the buyer and the builder
money and time in the transaction because they educate and
prepare the buyer for the many decisions that may arise, and
help to prevent issues that needlessly waste valuable time
on behalf of both parties.
Time, experience, knowledge, and resources can help to make
your building experience more rewarding, and efficient. Here
are some questions you might ask yourself that will help you
determine whether the professional services of a REALTOR will
benefit you.
Do you know exactly what you want to build?
Do you know which builder can do it for you?
Do you have access to the land you want to build on?
Is the builder's site acceptable to you?
Do you have knowledge of previous work by the builder?
Can you honestly evaluate the work of the builder and the
worth of the home?
Can you sort, select, and evaluate lenders and loan types
that benefit you, not the builder?
Can you objectively negotiate with the builder?
Can you negotiate through the contingencies that arise after
the contract has been signed?
Some quick facts on New Construction.
The builder wants to sell a home, the buyer wants to buy
a home.
The builder's representative is supposed to make money for
the builder, and can only represent the builder.
A REALTOR representing a buyer, negotiates and advises exclusively
for that buyer.
Builders are willing to compensate Buyers agents because they
bring educated, qualified buyers to the builder.
The builders representative will identify only the positive
features of their product.
A good REALTOR will objectively help the buyer identify positive
and negative features of all homes they are considering.
Ultimatley, the REALTOR saves the buyer and builder money
and time in the transaction because they educate and prepare
the buyer for the many decisions that may arise, and help
to prevent issues that needlessly waste valuable time on behalf
of both parties.
For example...
The builders representative will identify only the positive
features of their product.
Builders representative calls the open greenbelt on the east
side of the community a park.
A REALTOR representing a buyer, negotiates and advises exclusively
for that buyer.
Buyers agent identifies and makes buyer aware that the open
greenbelt was previously the county landfill.
I can also help you because
As a Certified New Home Specialist I have exclusive trianing
in new home construction, sales, and marketing.
Having an extensive background as a contractor and being
involved in several construction projects I have a practical
knowledge as well.
My relationship with local builders may help you to get the
home you want sooner, or get special priority on their waiting
list.
I can provide you with color photos, floor plans, and specs
of the model you are interested in, saving you a needless
trip to a property you don't like.
I can help you make objective comparisons between new homes,
and pre-existing homes, and how they may or may not appreciate
according to surrounding areas, amenities, and potential developments.
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