I am often asked; "why should I use a REALTOR® when buying a new home in Spring TX"? The advantages of having me help you purchase a new home are the same as those for purchasing a resale home...knowledge of the market, help in finding the perfect home quickly, expertise in contract writing/negotiation, and closing assistance. The builder has a professional representative watching out for his needs, and you need the same expert representation.
I want to repeat that last part again. The builder has a professional representative watching out for their needs and you need someone that is watching out for your needs. Typically these professional representatives are very nice people but keep in mind that they represent the builder's interest not yours. Buying a new home in Spring TX is a little more difficult and time-consuming that buying a resale home. It is important that your interest be professionally represented.
I will give you an example of a new home that sold here in Spring TX where the couple did not have representation. This home happened to be in the subdivision that I live in. The lot that the home was built on in my opinion should have been reserved as a subdivision park. This lot is on the main road coming in to the subdivision, backs up to a mobile home park and is across the street from the community clubhouse. When buying a home it all comes down to location, location, location and in this particular instance this location was not a good location. I can't tell you how many times I told my husband that I was sure that the couple who bought that home did not have a real estate agent looking out for them.
Several years later I was called to go on a listing appointment for this house. In the course of the conversation I found out that as I suspected they had not been represented by a REALTOR. I explained to them that this house was not going to be worth as much as other homes because of where it was located. Needless to say I did not get the listing. I watched the other agents sign languish in the yard for over a year until the price got down to what I had told them. This is a long story to explain some of the pitfalls that can happen when you don't have representation while buying your new Spring TX home.
My mentor years ago told me to never sell a home that I could not re-sale. I took this message to heart and I'm always looking to make sure there's nothing that would cause a home to be difficult to sale later on. This also applies to any changes that you make in the floor plan. For instance I recently saw a home where they had put two small bedrooms together to make one large bedroom. By doing this they made the home functionally obsolete. In our area there's not a very large market for 2 bedroom homes.
Typically you DO NOT get a price break for NOT using a real estate agent. Most builders build the real estate commission in to the price of the home. Just as in any re-sale Spring TX home the seller (which in this case is the builder) pays for the real estate agents fees.
In our current, fast-paced real estate market, there are many new home communities to choose from. You need to ask yourself some pertinent questions when looking for a new home. Is this a good builder? Does he have a solid reputation? How many years has he been in business? How does the quality of this builder's product compare to that of other builders? What are the existing inventories of the various builders? How do builder models meet your needs (floor plans, square footage, and location)? If I sell in a few years, what upgrades should I include to be competitive?
When you find the answers to these questions, ask yourself if the time spent in researching these answers was time well spent - put a dollar value on your time. Real estate professionals can be a valuable asset in collecting information in areas which may affect your decision on the purchase of a new home.
It only makes sense to have your own representation. Your new Spring TX home is probably one of the biggest expenses of your lifetime. You would not think of buying insurance without an insurance agent or making a trip to Europe without a travel agent. If you depend on people in the service industry for travel needs, filing a claim for hail damage to your roof, or other legal matters, then why would you want to represent yourself in the most expensive and probably most important purchase of your lifetime your new Spring TX home?