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5 Reasons To Use A Realtor For Your New Construction Home

Posted by Susanna Haynie on October 25, 2023
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tips for new construction homes

A Realtor for your new construction home!

The idea of building your own home can be a dream come true for many people. Colorado Springs has new construction homes and neighborhoods popping up all over the city, so many home buyers are navigating the building process every year. If new construction is something you’re considering, you should absolutely hire your own real estate agent — someone who represents your best interests through every step of the building process.

Why wouldn’t you use one?

Many people think that they don’t need a Realtor to help them when building a new construction home and that’s okay when everything goes smoothly.  But it’s rare for a new construction journey to be without a few bumps along the way. Wouldn’t you appreciate having someone who can help you navigate those bumps? Someone that is really on your side and advocating for you and your best interests? Best of all, someone who is paid for by the seller?

One of my friends said:

“I didn’t use a real estate agent when I bought a new build and now I regret it. With my next purchase, I’ll definitely use a real estate agent. An agent can provide me with a quality education on the market, availability, what sellers expect, etc. Not to mention my time behind the scenes, gas, and the many questions I had. It would have been nicer to have someone that had my back.”

Related Reading:
Partnering with the Right Agent
Where to Find New Construction in Colorado Springs

5 reasons to hire an agent for new construction

1. Your agent represents YOU

This is a huge bonus as many buyers presume that the sales agents for the builder are working for YOUR benefit. Quite the contrary, the sales or builder agents represent the interests of the builder. While knowledgeable on many aspects (and we will need to consult with them occasionally) remember they are paid to represent the builder. I will be a trusted resource for real estate information and help you navigate the sometimes complex process of a new build.

Related Reading: Tips for Choosing a Builder

2. Fiduciary Responsibility

As a real estate agent I have a fiduciary duty towards my clients, their interests and I act in a manner that is solely beneficial to them. Within my scope as a real estate agent, I can help navigate the new construction contract.  I can highlight questions you might want to ask the builder in order to understand specific clauses, riders, and upgrade options that impact you. I will ensure you receive all the information needed to know what you are committing to before you sign on the dotted line.

Related Reading: Tips for Choosing a Lot

3. Navigate the Entire Transaction

Even before you decide on the builder and the area, I can help guide you by distilling our team’s previous experiences with new construction projects. 

Once you have found the right model (and you may have by this point), and decided which upgrades you want and any standard features you don’t want, I will work with you to navigate the entire transaction. This is particularly important when you are not in town during construction.

Related Reading: Essential Items to Review in Your New Construction Contract

4. Market Knowledge

A skilled realtor understands the local real estate market, including the trends, pricing, and value of new construction homes in the area. This knowledge helps you make informed decisions about pricing and ensures you’re not overpaying for your new home.

Related Reading: New Construction Terms

5. The Price of your Real Estate Agent is included in the Home’s Price

The cost of your real estate agent is built into the sales price of the home. Some builders might try to convince you that you’ll receive a large credit, free basement, or other perks if you don’t have a REALTOR representing you. While this can be tempting, think about why the builders would offer that type of incentive.  You might get a free basement, but you’ll miss out on the expertise, negotiation skills, and representation that your real estate agent provides. Keep in mind that a builder might refuse to pay commissions if the realtor is not registered and present on your first tour or visit to the construction site.

Give us a call (719-219-9739) or email susanna@co-regroup.com if you’re ready to move forward with building a new home. We’re here for you every step of the way.

Click to download the new build guide

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Choosing a Builder

14 Questions to Ask when Buying Land for New Construction

Complete List of New Construction in Colorado Springs

10 Tips for Choosing a Lot

Common New Construction Terms

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