Hiring a Realtor® is the right idea

Buyer Representation New Construction Homes

Why it is important to hire a Buyers Agent for New Construction Homes

Buyer-Representation-New-Construction-Homes-Lake Norman-NC

Buyer Representation New Construction Homes – Lake Norman, North Carolina

1) The builder’s representative is often not a licensed Real Estate Agent

… but an employee of the builder. Their legal obligations to you as a buyer are different than what the NC Real Estate Commission requires of licensed brokers…or Buyer Representation

The problem is that the builder’s representative is asking many questions which buyers shouldn’t be answering that expose the buyer’s motivation for Buying a Lake Norman Home. Buyers are lulled into answering feeling like the builder’s representative is nice and professional. That type of information would not be accessible to the seller in a situation where the buyer is buying a used home because the buyer’s agent would know the info but not share it with the seller’s representative.

2) The Buyer Agent Represents You In The Transaction

…Having Buyer Representation and an Agent working for you will make all the difference in the world. You have a full-time job, how else could you afford this property? The Martin Real Estate Team of Lake Norman, NC will be there for you, when you can’t. We will explain the contract to you. We will point out where you are exposed and when you can lose your deposit. Your realtor will be there throughout the process. Your realtor may find another Lake Norman North Carolina New Construction Homes project that you just may like even more.

You will have many decisions to make during the process such as the grade and quality of your kitchen cabinets, bathroom tiles, flooring. Your Lake Norman Realtor will point out upgrades that will retain their resale value and not just the most expensive material. Things that you should have and things that are not important. And most importantly- things that you can afford. Also, your agent will explain when you get an independent home inspector.

3) Communication

…is the biggest complaint that buyers have with new construction. Buyers have an understanding based on what the sales representative says and then the buyers move on to deal with the project manager who actually builds the house. Sometimes the builder will then tell the buyer something different and if there is nothing in writing to prove it was included in the contract, it is difficult to enforce. Examples of items are drainage, grading, how many steps to the front door and from the garage into the house.

4) The Buyers Agents Knows the Local Real Estate Market

…Your agent has worked with builders before handling Buyer Representation. A Lake Norman, NC Buyers Agents knows which ones are dependable and which projects are a good value. They can tell if that $5,000 credit the builder is giving you for closing or “free” upgrades is really the best deal for you. In most cases, that $5,000 is tacked on somewhere else along the way without you realizing it- either with higher lender fees or title insurance costs.

5) You Are Already Paying For It

…Especially in this buyer’s market, the builder has already budgeted into the sales price the cost of paying a buyer’s agent. Most buyers don’t know this. So what happens when the buyer does not have a buyer’s agent when buying the property? That builder has just made more money in the sale of your home. If you have not negotiated the price minus the amount of the agent’s fee, the builder will keep it for themselves. But they haven’t told you that. So, if you are already paying for it, why wouldn’t you want to hire a real estate agent to represent you? Most importantly, you need to have your agent with you BEFORE you make that first visit to a sales office. If you decide you need a buyer’s agent after you have “registered” with the builder, any Lake Norman Buyers Agents fees will come out of your pocket.

6) Final Sales Price

…Buyers need help understanding what their final sales price will be after they make all their selections. The process in our area starts with the buyer signing the contract and then the buyers go to the design center to select cabinets, appliances, etc.. Having a buyer’s agent who attends those meetings helps ensure that the information provided by any of those builder employees is documented. Buyers also need help understanding what selections and upgrades help resale and which ones just help the builder’s profit margin.

7) Zoning and adjacent land

…in a community is a very important consideration. Builder’s representatives practice how to present less desirable aspects of a lot or community to buyers to minimize questions and objections. A good Lake Norman, NC Buyers Agents is going to explain to you how those aspects affect the resale value and how the community might change.

An example is land not owned by the builder that is currently undeveloped. It could be in the process of being developed or could be developed in the future. What type of housing or commercial buildings or the proximity of future roads that might be built is very important information a buyer should consider before purchasing a new home.

8) Contracts

…Builders usually use their own contracts that are drafted by their attorneys and are clearly written to benefit the builder over the buyer. Contracts on used homes usually use a contract drafted by the state bar that is designed to be more equally weighted between the buyer and seller.

Even if you visit a new home community before you realize you need Lake Norman Buyers Agents, it is a good idea to get a buyer’s agent involved before you make an offer. The process of buying a new home is not as simple as you might have thought.

See Also: Lake Norman New Construction Homes | Lake Norman Homes for Sale

Lake Norman-North-Carolina-Buyers-Agents-Realtors

Lake Norman New Construction Homes

Lake Norman homes

Listings 1 - 20 of 254   next

227 Hermance Lane -- 4 BR, 3.1 BA
Price: $625,000 (3185 sqft)
Subdivision: Fishermans Cove
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Edward Steve Perri | MLS # 3556149 | Active
7974 Ravenwood Lane -- 4 BR, 3.1 BA
Price: $624,000 (3162 sqft)
Subdivision: Cowans Ford Country Club
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Debi Gallo | MLS # 3527229 | Contract
225 Hermance Lane -- 4 BR, 3 BA
Price: $555,000 (3185 sqft)
Subdivision: Fishermans Cove
→ More info
Edward Steve Perri | MLS # 3510312 | Active
4019 Willow Haven Drive -- 4 BR, 3.1 BA
Price: $499,900 (3166 sqft)
Subdivision: Willow Haven
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Sherilyn Dlugolenski | MLS # 3552425 | Contract
6716 campground Road -- 3 BR, 2 BA
Price: $279,000 (1634 sqft)
Subdivision: None
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David Henderson | MLS # 3559882 | Active
163 Falmouth Road -- 4 BR, 5.3 BA
Price: $3,999,999 (7530 sqft)
Subdivision: The Point
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Ivester Jackson | MLS # 3552709 | Active
139 Travis Pointe Drive -- 5 BR, 4.1 BA
Price: $3,400,000 (5271 sqft)
Subdivision: None
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RE/MAX Executive | MLS # 3511062 | Active
16409 Belle Isle Drive -- 5 BR, 6.2 BA
Price: $2,995,000 (8332 sqft)
Subdivision: None
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Ivester Jackson | MLS # 3543157 | Active
20542 Hansels Way -- 6 BR, 4.2 BA
Price: $2,100,000 (5144 sqft)
Subdivision: Keel Bay
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Ivester Jackson | MLS # 3564135 | Active
136 Potomac Lane -- 4 BR, 4.1 BA
Price: $2,021,832 (4828 sqft)
Subdivision: Windsor Pointe
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Simonini Realty Inc | MLS # 3506740 | Active
20148 Walter Henderson Road -- 5 BR, 4.1 BA
Price: $1,998,900 (5818 sqft)
Subdivision: Keel Bay
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Ivester Jackson | MLS # 3490420 | Active
20142 Walter Henderson Road -- 5 BR, 4.1 BA
Price: $1,998,000 (5087 sqft)
Subdivision: Keel Bay
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Ivester Jackson | MLS # 3492723 | Active
133 Homer Lane -- 7 BR, 6.2 BA
Price: $1,845,743 (7107 sqft)
Subdivision: Sisters Cove
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EXP REALTY LLC | MLS # 3367012 | Contract
135 Potomac Lane -- 5 BR, 4.1 BA
Price: $1,798,000 (3928 sqft)
Subdivision: The Preserve at Windsor Pointe
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Simonini Realty Inc | MLS # 3447120 | Active
8946 Fair Oak Drive -- 5 BR, 6.1 BA
Price: $1,600,000 (5126 sqft)
Subdivision: Northview Harbour
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Lake Norman Realty, | MLS # 3530836 | Active
541 Kemp Road -- 4 BR, 4.1 BA
Price: $1,500,000 (3213 sqft)
Subdivision: Lake Norman
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RE/MAX Executive | MLS # 3569759 | Active
4232 Sigmon Cove Lane -- 4 BR, 4.1 BA
Price: $1,445,000 (4747 sqft)
Subdivision: The Vineyards at Kiser Island
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EXP REALTY LLC | MLS # 3463990 | Active
1710 Brawley School Road -- 4 BR, 4.1 BA
Price: $1,418,000 (4888 sqft)
Subdivision: The Point
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Coldwell Banker | MLS # 3346217 | Active
4986 Slanting Bridge Road -- 4 BR, 4 BA
Price: $1,350,000 (4323 sqft)
Subdivision: Pearl Springs Village
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Coldwell Banker | MLS # 3506515 | Contract
215 Homer Lane -- 4 BR, 4.1 BA
Price: $1,299,305 (5181 sqft)
Subdivision: Sisters Cove
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EXP REALTY LLC | MLS # 3362101 | Contract

Listings 1 - 20 of 254   next

Lake Norman New Construction Townhomes

Lake Norman condos

Listings 1 - 20 of 55   next

19329 Watermark Drive -- 3 BR, 3.1 BA
Price: $1,550,000 (3062 sqft)
Complex: Watermark
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Premier Sothebys | MLS # 3567407 | Active
19329 Watermark Drive -- 3 BR, 3.1 BA
Price: $1,550,000 (3062 sqft)
Complex: Watermark
→ More info
Premier Sothebys | MLS # 3565529 | Contract
19329 Watermark Drive -- 3 BR, 3.1 BA
Price: $1,376,000 (3017 sqft)
Complex: Watermark
→ More info
Premier Sothebys | MLS # 3515015 | Contract
19329 Watermark Drive -- 3 BR, 3.1 BA
Price: $1,352,059 (3062 sqft)
Complex: Watermark
→ More info
Ivester Jackson | MLS # 3431203 | Contract
19329 Watermark Drive -- 3 BR, 3.1 BA
Price: $1,154,400 (3062 sqft)
Complex: Watermark
→ More info
Premier Sothebys | MLS # 3558341 | Contract
19329 Watermark Drive -- 3 BR, 3.1 BA
Price: $1,154,400 (3062 sqft)
Complex: Watermark
→ More info
Premier Sothebys | MLS # 3561588 | Contract
19329 Watermark Drive -- 3 BR, 3.1 BA
Price: $1,154,400 (3062 sqft)
Complex: Watermark
→ More info
Premier Sothebys | MLS # 3556792 | Active
19329 Watermark Drive -- 3 BR, 3.1 BA
Price: $1,142,719 (3103 sqft)
Complex: Watermark
→ More info
Premier Sothebys | MLS # 3568192 | Active
19329 Watermark Drive -- 3 BR, 3.1 BA
Price: $1,142,719 (3062 sqft)
Complex: Watermark
→ More info
Premier Sothebys | MLS # 3559998 | Active
19329 Watermark Drive -- 3 BR, 3.1 BA
Price: $1,126,950 (3018 sqft)
Complex: Watermark
→ More info
Premier Sothebys | MLS # 3558362 | Active
19329 Watermark Drive -- 3 BR, 3.1 BA
Price: $1,126,950 (3103 sqft)
Complex: Watermark
→ More info
Premier Sothebys | MLS # 3566949 | Active
19329 Watermark Drive -- 3 BR, 3.1 BA
Price: $1,126,950 (3018 sqft)
Complex: Watermark
→ More info
Premier Sothebys | MLS # 3567423 | Active
19329 Watermark Drive -- 3 BR, 3.1 BA
Price: $1,108,814 (3103 sqft)
Complex: Watermark
→ More info
Premier Sothebys | MLS # 3568211 | Active
19329 Watermark Drive -- 3 BR, 3.1 BA
Price: $1,108,814 (3103 sqft)
Complex: Watermark
→ More info
Premier Sothebys | MLS # 3561970 | Active
19329 Watermark Drive -- 3 BR, 3.1 BA
Price: $1,097,410 (3058 sqft)
Complex: Watermark
→ More info
Premier Sothebys | MLS # 3515009 | Active
19329 Watermark Drive -- 3 BR, 3.1 BA
Price: $1,094,956 (3062 sqft)
Complex: Watermark
→ More info
Premier Sothebys | MLS # 3560001 | Active
19329 Watermark Drive -- 3 BR, 3.1 BA
Price: $1,083,814 (3058 sqft)
Complex: Watermark
→ More info
Premier Sothebys | MLS # 3555546 | Active
19329 Watermark Drive -- 3 BR, 3.1 BA
Price: $1,083,814 (3057 sqft)
Complex: Watermark
→ More info
Premier Sothebys | MLS # 3515011 | Contract
19329 Watermark Drive -- 3 BR, 3.1 BA
Price: $1,073,814 (3017 sqft)
Complex: Watermark
→ More info
Premier Sothebys | MLS # 3555497 | Active
19329 Watermark Drive -- 3 BR, 3.1 BA
Price: $1,072,814 (3017 sqft)
Complex: Watermark
→ More info
Premier Sothebys | MLS # 3515010 | Active

Listings 1 - 20 of 55   next

The Martin Real Estate Team of Lake Norman

The Martin Real Estate Team of Lake Norman is here to help and answer all of your Real Estate Needs and Questions 7 days a week.

Questions, or would you like to receive more information about a Buying a Home for Sale, or interested in Listing your home for Sale, simply fill out the Our Contact Form or for a faster response you can also call the Lake Norman Specialists at 704-900-1619 right now!

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