Real Estate, etc... by Eric Michael: March 2012

Attn New Home Buyers!! Please Call Me BEFORE You Visit New Home Builders, Not After!! Things The Builder's Sales Person Won't Tell You!!

Thinking about buying a new construction home? I have some Great news for you!

I Can Help!

Whether you are going to buy a lot and have the house built from scratch, or the new construction home is already built and just waiting for you to find it, you really need to talk to a real estate agent BEFORE you go over to the model homes.

We can help save you a lot of money! Unfortunately, if you go there Before talking to us, the builders won't recognize us as your agent, meaning they won't pay us and we won't be able to represent you.

Sometimes people think that they can get a better "deal" on new construction homes by dealing directly with the builders, but that's not true. They already build in the price of paying commission to a real estate agent. So, if you don't use me to help you buy new construction, the builder actually makes a lot more profit from you and you don't get my help in negotiating.

Here's a great blog from my friend Lenn Harley, talking about it even more...

 

Attn: New Home Buyers!!  Please Call Me BEFORE You Visit New Home Builders, Not After!! 

Things The Builder's Sales Person Won't Tell You!!  
The most important thing that the on-site sales representative at the new home model or sales sales office is:

"Broker must accompany & register customer's on first visit."
=============================================

We agents and brokers are well aware of this practice and for the new agent who isn't, it's valuable information. 

However, if you're a home buyer, THIS IS IMPORTANT.  Once you visit that new home sales office and REGISTER YOURSELF, that builder is in total control of your transaction.  YOU WILL PROBABLY NOT BE ABLE TO LATER BRING IN A BUYER'S AGENT TO REPRESENT, ADVISE, HELP YOU WITH THIS TRANSACTION. 

Prospective home buyers are not aware of this builder practice.  HOW ARE THEY SUPPOSED TO KNOW???  YOU ARE NOT SUPPOSED TO KNOW.   That is why this builder practice is NOT disclosed in their advertising. 

I received a phone call yesterday and one today from home buyers interested in new home communities in my market area.  They each had questions about financing, taxes, schools, value, etc. about the new home models they had toured over the weekend. 

I'm happy to help new home buyers with information.  It's a big part of my business.  HOWEVER, once you have visited that builder and registered yourself, THAT BUILDER WILL NOT PAY AN AGENT for our work. 

Builders operate on a "procuring" basis.  If the real estate agent or broker introduces YOU to the builder, that Realtor, agent, broker has "procured" you for the builder and they will pay us a generous fee. 

If you visit the builder's sales office BEFORE you introduce a real estate agent, they will not pay us. 

So, if you have questions that you can't get answered by the SALES AGENT WHO WORKS FOR AND REPRESENTS THE BUILDER, I cannot help you.

Home buyers are often considering resale homes for sale as well as new construction in the area and in their price range.  Agents will spend many hours showing and providing information about resales.  However, if new construction is a possibility, we want to be involved in that too, not just the resales that we spend many hours and days showing. 

So, to home buyers, I say:  "USE YOUR AGENT.  USE THEM TO SHOW YOU THE RESALE HOMES FOR SALE and USE THE AGENT TO INTRODUCE YOU TO NEW HOME BUILDERS TOO."

WE CAN HELP. 

New Home for Sale  KHov

The two homes shown above, one new construction example and one an existing home, are from the same builder in the same community.  WE AGENTS CAN SELL BOTH.  Further, we are able to provide you with value opinions not often available from new home builders. 

CALL AN AGENT BEFORE VISITING THE NEW HOME BUILDERS.

WE CAN HELP!!

 

 

 


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Want to learn more about Loudoun County, VA? Join Loudoun County, VA on Facebook!

Eric Michael, Real Estate Professional
Remerica Integrity, Realtors
41000 W. 7 Mile #105
Northville, MI 48167

Cell: 734.564.1519

Fax: 248.912.9996

www.ShortSaleInfoMI.com

www.EricMichaelOnline.com

Comment balloon 2 commentsEric Michael • March 25 2012 02:14PM
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