Newly constructed homes are attractive to most homebuyers. Different than an existing home, new construction homes often showcase many upgraded features and are easy to fall in love with. But before you sign any papers, you should enlist the services of a real estate agent. Here’s why:
Buyer’s Agent vs. Seller’s Agent
When you walk into the model home, the person who greets you represents the Seller. They have fiduciary responsibility to work the best deal for the Seller not for you, as the Buyer. When you obtain a Buyer’s agent, you are ensuring that your interests are represented and that someone is looking out for you, not the Seller. In addition, a Buyer’s agent will cost you nothing – their commission is almost always paid for by the builder.
Model Home vs. Your Home
When you tour a model home, it can be confusing to distinguish between all of the standard features and the variety of upgrade options available. An experienced New Construction Buyer’s agent knows what questions to ask, knows what your budget is, knows what features you like and can help clarify what you get vs. what you see.
Negotiating The Best Deal
Having a real estate agent may help you negotiate a better deal on the home. Your Buyer’s agent will consider your financing and other needs and keep you from inadvertently signing up for things you do not want or can’t afford. Your agent can help you determine which upgrades provide the greatest appreciation and/or resale value and guide you through less-expensive upgrading options, if necessary.
At the Donnelly Group, our team specializes in New Construction and is well versed in all of the new construction home communities available in the Anne Arundel County area. Contact us to take a tour of communities that feature new construction.