It’s certainly not a requirement, but I wouldn’t be doing my job if I didn’t say it was recommended. Purchasing a home, whether it’s your first, last or one of many investment properties, is a big decision and having someone in your corner with your best interest in mind is crucial.
You can buy a new construction home directly from a builder by dealing with the builder’s sales representatives. They are very helpful, know all of the ins and outs of the project, will walk you through every step, but they work for the builder, NOT for you. Reminder that it costs you nothing as a buyer to have an agent represent you, advocate for you, answer your questions, help negotiate, mitigate any disputes and review all contracts. And when buying new construction, it’s important to have someone in your corner to review all documents (purchase contracts, warranties, HOA/party wall agreements, etc.) and be there from start to finish.
Some questions I’ve received from clients include:
- Is this normal?
- Is it typical for new construction to have delays?
- Can I change that?
- Who do I reach out to about that?
- Did I agree to this already in the contract?
As a realtor, I have experience navigating new construction, how things typically go, and I can also provide insight regarding builder reputations and upcoming projects. Right now, given the low inventory, we’re experiencing, new construction presents a great option for buyers to secure a home, with less or without competition. My brokerage firm, MODUS Real Estate, does a lot of our own new construction projects which helps to create more inventory in this crazy market but also makes us very well versed in the world of new builds.
If you’re interested in learning more about new construction, don’t hesitate to reach out!