Fact vs. Fiction When Buying New Construction

Fact vs. Fiction When Buying New Construction
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If you’re looking to buy a new home in the Salt Lake City area, you may be wondering if you need a New Construction agent to represent you when purchasing your brand new home. There are plenty of assumptions, so when it’s time to start building, it’s time to get serious.

Myth #1: You can get a better deal if you don’t use an agent.

Fact: Most of the time the builder pays for the Realtor’s commission. Many buyers believe that if they use a Realtor, it will increase the price paid for a home. This is not the case. If there isn’t a buyers agent involved- that money is not taken off the price of the home.

 

Myth #2: Every option is listed for the public to see.

Fact: There is a secret inventory of unlisted new construction in Utah. Many builders have listings that aren’t available to the public unless they are using a Realtor. An aggressive agent who brings builders business will know how to negotiate these properties before they hit the market.

 

Myth #3: Any Realtor can negotiate with new home builders.

Fact: You’ll need a Realtor who knows the new construction home market- which can be quite different from traditional real estate. Builders don’t work the same, and their contracts are all different from one another’s. Some negotiate on price, others offer incentives like upgrades or credits towards closing costs. Your agent’s job is to represent you and get the best deal for your needs.

 

Myth #4: Home Inspections are all the same.

Fact: Knowing which home inspectors conduct home inspections for new construction is where a savvy New Construction Realtor comes into play. A home inspector who knows building codes is essential.

 

Building a new home is exciting, intimidating and a very emotional process for most people. Our team is here to make that process of choosing the right community and builder as streamlined as possible.

We’ve got new communities and homes sprouting up in Bluffdale, Millcreek, and Centerville. Call with any questions.