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Buying a new build in a retirement community here in PA (Traditions of America). I have built two homes the last one 33 years ago. The developers sales agent has indicated that there are no negotiations to be had. As it’s been years since I’ve gone through this process should I have a buyers agent? The agent would be selling my current home ($350,000) and possibly aiding me on the new purchase ($600,000). Thoughts?
Buying a new build in a retirement community here in PA (Traditions of America). I have built two homes the last one 33 years ago. The developers sales agent has indicated that there are no negotiations to be had. As it’s been years since I’ve gone through this process should I have a buyers agent? The agent would be selling my current home ($350,000) and possibly aiding me on the new purchase ($600,000). Thoughts?
If sales are brisk enough, it is common for builders to be firm on their pricing.
A good agent with experience in new construction sales should be a helpful resource for you.
Be aware that the builder may not compensate a buyers agent who did not accompany you to their sales office on your first visit.
But, if you can get the builder to pay your agent, you should get a nice discount from that agent when it comes time to sell your current home.
I would get an agent, but with the term of him/her sharing her commissions with me. It's a straight forward deal really, not much to negotiate, but depending on the market. Asking for extras depends on the market really and how well sales are going.
If sales are brisk enough, it is common for builders to be firm on their pricing.
A good agent with experience in new construction sales should be a helpful resource for you.
Be aware that the builder may not compensate a buyers agent who did not accompany you to their sales office on your first visit.
But, if you can get the builder to pay your agent, you should get a nice discount from that agent when it comes time to sell your current home.
We went through this in 2012. We were mislead by the builder sales agent about included STRUCTURAL upgrades. Our realtor had confirmed everything the builder agent said in writing, which meant that we got those upgrades - to the tune of $22+.
She also helped us select our finishes and other upgrades. We were from Phoenix and what we wanted would not have been fitting for the Raleigh area. As we had never built a home before, she helped us determine what we should pay the builder to do, and what we should get done (cheaper and with more customization) after closing.
I see zero reason to not use a realtor, and plenty of reasons that say you should use one.
But Mike is correct - you may have already blown your chance by visiting the builders sales office already.
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