1. A buyer specialist will help you find a reputable builder. There are a ton of builders out there. Some are good and some are not so good. You need to know which one is best for you. After all, you are about to make a really big investment. You want to make sure that the builder will take care of you, and you want to know if that builder has had any issues or problems in the past. A buyer specialist will help you identify those top builders.
2. A buyer specialist will go to bat for you. What I mean by that is there are all kinds of ins and outs involved in the new construction process. There are delays that can happen with things like getting construction permits. An experienced buyer specialist can help you navigate the process without any problems, or at least they can minimize the problems that can come up.
3. New construction contracts are a completely different animal than resale contracts. An experienced buyer specialist can help you navigate all of the ins and outs of the contract. They will help you stick to the timelines in the contract and more. It’s very helpful to have a buyer specialist on your side, as they can act as a third party that is there to look out for your best interest.
4. Have an experienced buyer specialist who can help negotiate your contract. Builders don’t like to negotiate on the purchase price because they don’t want to impact the value of their homes across the community. However, they are willing to negotiate in other areas, such as closing costs and upgrades. An experienced agent can help you find those negotiating areas for that particular builder and get you into the right home with all of the things you need.
5. A buyer specialist will help you leverage your upgrades. Making good upgrade choices is very important when you put your home together. You’ll be tempted to upgrade everything, especially if you have flexibility with your budget. However, over-upgrading can cause havoc when it comes time for the appraisal. If you over-upgrade, you could have difficulty getting your final lending paperwork in place. It’s important to understand which items are most important for you to upgrade and which could be impacted with regards to your appraisal.
As you can see, it can be very beneficial to have a buyer specialist on your side when purchasing a new construction home. If you have any questions, please don’t hesitate to reach out to me. I would be happy to help you!