Are you considering a new built home in one of those communities that are popping up throughout the Midlands? Have you been visiting model homes and talking to the “Agent On Duty?”
Here’s something you should consider BEFORE actually buying that home and signing with that agent….
The “Agent On Duty” works FOR the builder/developer and represents the builder’s/developer’s best interests!
They DO NOT represent YOU!
Yes, you read that correctly. The “Agent On Duty” DOES NOT represent you, the buyer, and your best interests!
You really love that new home! Its your dream home! So, what should you do?
Drum roll, please……………
Bring your own agent with you! Better yet, bring a REALTOR®!
When you and I show up as Client and REALTOR®, you show up with someone that will be representing you and helping you throughout the home buying process – Contract to Closing!
And the great part about this is you don’t pay your REALTOR'S® commission. No, the builder/developer does.
In most instances there is a commission in place that is generally split 50/50 between the Listing Agent (builder’s/developer’s agent) and the buyer’s agent/REALTOR®. This commission is paid by the builder/developer when the home closes (the sale is final).
Again, you don’t pay for your REALTOR'S® commission.
“But, wait,” you may be thinking, “Can I save on the price of my home if the builder/developer isn’t paying my Agent?”
Great question but the answer is, “No.” The builder/developer still pays that commission. Rather than paying an Agent/REALTOR® that represents you; the builder/developer will pay to the Listing Agent the part of the commission that would have come to your representative.
It is a common misconception that builders/developers will cut the price of the homes when a buyer comes in without representation. But it simply doesn’t work that way!
Bring one of us with you! We will represent you and your interests.
Buying a home, resale or new, or even having a new build on your own property is very exciting and nerve-wracking all at the same time! This is where we step in to help. Having one of us as your REALTOR® will put someone on YOUR side of the isle. Someone who works to get you the most bang for your buck!
This is what we do! This is what we love!
ARTICLE WRITTEN BY:
Sherry Burton, REALTOR®