Should You Use a RealtorŪ When You Build a New Home?

In our current, fast-paced real estate market, there are many new home communities to choose from. You need to ask yourself some pertinent questions when looking for a new home.

Is this a good builder? Does he have a solid reputation, years in business, etc.? How does the quality of his product compare to that of other builders? What are the existing inventories of the various builders? How do builder models meet your needs (floor plans, square footage, and location)? I sell in a few years, what upgrades should I include to be competitive?

When you find the answers to these questions, ask yourself if the time spent in researching these answers was time well spent- put a dollar value on your time. Real estate professionals can be a valuable asset in collecting information in areas which may affect your decision on the purchase of a new home.

If builders rely on real estate professionals to sell their homes, then why wouldn't you, the buyer, take the same precautions is assuring yourself the best service and expertise in making this important decision?

Why Should I Use a RealtorŪ to Purchase a New Home?…

The advantages of having the Snipps help you purchase a new home are the same as those for purchasing a resale home. Our knowledge of the market and the fair market value, help in finding the perfect home quickly, and expertise and elevation on curb appeal for fast resale when the time comes are areas reflecting our experience.. We also give advice on those options that will increase value, as well as choosing timeless décor for your home. Our expertise in contract writing, negotiation and closing ensures that your agreements are met.

The builder has been in the game along time, and he knows what he wants and can get from the deal. We will negotiate to ensure your best interests are assured. Our association with builders gives us access to a database of information about subdivisions, floor plans, and also which builder's homes appreciate over time. We also are familiar with new home warranties and builder's purchase contracts.

It is very important that your interest be professionally represented for a semi-custom or build to suit home. These transactions are complex and the contract details must be exact in order to protect you and to ensure you get exactly the home you want?

Is There any Advantage to not Using an Agent to Purchase a New Home?

No. There is no financial advantage for you to buy directly from the builder. Builders pay our commission, not you. They encourage us to bring the buyers so they can keep a steady flow of customers.

Remember... the builder requires that we accompany you on your first visit to the builder's sales office, or we cannot represent you…then you are all his to negotiate with. Sort of like David and Goliath.

This article originally appeared in The DENVER POST:

"Should You Use A RealtorŪ When Buying A New Home? YES!! Think of planning a trip to Europe without the help of a travel agent... or how about insurance without an insurance agent? Then imagine being in front of a judge and jury without an attorney. If you depend on people in the service industry for these needs, then why would you want to represent yourself in the most expensive and probably the most important purchase of your lifetime... your home?"

It is a common conception that buying a new home directly from the builders without the assistance of a RealtorŪ, will save you money. Not so! The price of a new home is the same whether you have a RealtorŪ or not. Since this is the case, common sense would tell you to utilize a professional to help you with contract negotiations, researching loans, or helping you to decide which lot is the best value and best suited to your needs.

Builders court RealtorsŪ by having special luncheons to show their new floor plans, offering bonuses to RealtorsŪ who bring buyers to see their homes, and various other enticements. As we represent a vast majority of buyers they find us a great source of new buyers. Therefore the price of the home does not change if you use a RealtorŪ. The important thing is that they know we are representing YOUR interest and are going to make sure everything is acceptable every step of the way through the process from contract, through building, to the close.

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