A question about real estate agent and house buying

[lhafer]

Not sure why it matters much....the builder is paying the agent, not your friend.

But I will say that it it prudent that a GOOD realtor can be awesome with new home builds, especially when ***** hits the fan when stuff inevitably comes up during walk-throughs, warranty issues, etc. Realtors are not made of the same mold.

[Houston321]

Not sure why it matters much....the builder is paying the agent, not your friend.


Probably because the buyer wants a kickback.

[Southwest Austin]

In Texas, new home builders don't have to use TREC forms. This is important because the promulgated forms that are used in resale are created to create balance of fairness between the buyer and seller. New home builders create their own forms, and the way the system is set up here in this state the law is on the builder's side. A good realtor (wink wink) will know what to look for and keep an eye out for when the builder is makes demands or asks you to sign off on things that aren't in your best interest. They'll also fight on your behalf. For example, if your house isn't finished to your satisfaction, the builder will try to get you to close before everything is finished with the promise they'll do it 'soon after you close.' You might not see them for a long time. I know someone who did that and the buyer had a contractor front door and lights that didn't work in part of the house for over a month. You have to find a realtor who'll be in it for the long haul and is willing to keep an eye on the progress alongside you.

Also, a good realtor will be able to offer an opinion during financing. Some builders pressure you to use their in-house lenders. Sometimes that's good, and other times not so much. They can offer another perspective and let you find and review options.

Building new is a whirlwind. Sometimes more so than re-sale. They can be worthy advisor.