U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Texas > Dallas
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
 
Old 06-17-2010, 10:24 AM
 
9 posts, read 20,742 times
Reputation: 10

Advertisements

Thank you everyone for you inputs. I do understand from the builder's perspective that purchaser can walk away. I have taken your advice and brought it up at our meeting. Builder said no. They will not negotiate on any part of the deposit. It must be given and deposited at the first Team Meeting. No installments, no negotiations. With any other builders (Darling, Toll Brothers, Drees, etc.), i would not have any qualms about the initial deposit, but this is Grand Homes. Since i've heard so many negative reviews, i want to protect myself. I really like the community and Grand & KHOV are the only builders there. I don't care about KHOV floorplans, and really like Grand's floorplans. So i took a leap of faith, hoping that Grand has changed their ways and they are now focused on 100% customer satisfaction and dedicated to quality, so i decide to build with them if everything fans out. So far i have been dealing with the sales rep and it hasn't been very smooth, which is to be expected. My agent is not too happy that the 3% commission she will be getting from Grand is based on the base price, not purchase price. She will not be getting a commission on the upgrades(which can be substantial). Maybe that could be one of the reason realtors are not too happy with Grand. Not sure if the commission on the base price is the industry norms.
Quick reply to this message

 
Old 06-17-2010, 11:25 AM
 
Location: Austin
7,080 posts, read 16,903,265 times
Reputation: 9499
Quote:
Originally Posted by flexiblepony View Post
My agent is not too happy that the 3% commission she will be getting from Grand is based on the base price, not purchase price. She will not be getting a commission on the upgrades(which can be substantial). Maybe that could be one of the reason realtors are not too happy with Grand. Not sure if the commission on the base price is the industry norms.
This is with every builder. The only time an agent gets paid on an actual sales price is when it's a spec home. To-be-built homes are always paid on base price. Your agent doesn't seem too experienced.
Quick reply to this message
 
Old 06-17-2010, 06:13 PM
 
27,535 posts, read 44,999,258 times
Reputation: 14064
and the poster does not seem to confident that s/he is going to get a "grand" home out of Grand Homes...
with all the homes on the market do you really think this house is the best deal for you???
Quick reply to this message
 
Old 06-17-2010, 06:56 PM
 
Location: DFW - Coppell / Las Colinas
29,950 posts, read 34,553,963 times
Reputation: 35949
Quote:
Originally Posted by flexiblepony View Post
Thank you everyone for you inputs. I do understand from the builder's perspective that purchaser can walk away. I have taken your advice and brought it up at our meeting. Builder said no. They will not negotiate on any part of the deposit. It must be given and deposited at the first Team Meeting. No installments, no negotiations. With any other builders (Darling, Toll Brothers, Drees, etc.), i would not have any qualms about the initial deposit, but this is Grand Homes. Since i've heard so many negative reviews, i want to protect myself. I really like the community and Grand & KHOV are the only builders there. I don't care about KHOV floorplans, and really like Grand's floorplans. So i took a leap of faith, hoping that Grand has changed their ways and they are now focused on 100% customer satisfaction and dedicated to quality, so i decide to build with them if everything fans out. So far i have been dealing with the sales rep and it hasn't been very smooth, which is to be expected. My agent is not too happy that the 3% commission she will be getting from Grand is based on the base price, not purchase price. She will not be getting a commission on the upgrades(which can be substantial). Maybe that could be one of the reason realtors are not too happy with Grand. Not sure if the commission on the base price is the industry norms.
Grand has not changed. Be very cautious and if it were me I would move on to another builder. (Actually I would Run)

You could not give me a Grand Home free of charge. They are very hard to resale and that should be a major consideration.
Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


 
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Texas > Dallas
View detailed profiles of:
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top