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 125   next

135 Potomac Lane -- 6 BR, 6.1 BA
Price: $6,720,202 (6946 sqft)
Subdivision: The Preserve at Windsor Pointe
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Nestlewood Realty, LLC | MLS # 3851688 | Contract
18601 Bluff Point Road -- 4 BR, 4.1 BA
Price: $4,900,000 (5529 sqft)
→ More info
RE/MAX Metro Realty | MLS # 3910340 | Contract
123 Potomac Lane -- 5 BR, 5.1 BA
Price: $4,300,000 (4970 sqft)
Subdivision: The Preserve at Windsor Pointe
→ More info
Nestlewood Realty, LLC | MLS # 3916791 | Active
17811 Largo Place -- 5 BR, 4.3 BA
Price: $4,199,000 (6455 sqft)
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Fathom Realty | MLS # 3905895 | Active
17819 Largo Place -- 4 BR, 4.1 BA
Price: $4,199,000 (6589 sqft)
→ More info
Canzell Realty, LLC | MLS # 3829527 | Contract
16207 Henry Lane -- 5 BR, 5.1 BA
Price: $3,288,900 (5374 sqft)
Subdivision: Gilead Woods
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Pilot Realty & | MLS # 3703829 | Active
20316 Havenview Drive -- 5 BR, 5.1 BA
Price: $2,995,000 (5321 sqft)
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Carlyle Properties | MLS # 3902397 | Active
20320 Havenview Drive -- 5 BR, 6 BA
Price: $2,895,000 (5763 sqft)
→ More info
Carlyle Properties | MLS # 3904630 | Active
200 Sagemore Road -- 4 BR, 3.1 BA
Price: $1,593,700 (3537 sqft)
Subdivision: Harbor Landing
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Pilot Realty & | MLS # 3786911 | Active
3074 Lake Shore Road -- 6 BR, 5.1 BA
Price: $1,440,000 (4727 sqft)
Subdivision: Westport
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Allen Tate Steele | MLS # 3838695 | Contract
113 Paddle Loop -- 4 BR, 5.1 BA
Price: $1,327,880 (3802 sqft)
Subdivision: Lakewalk
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Pilot Realty & | MLS # 3677477 | 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
315 W Waterlynn Road -- 6 BR, 5.1 BA
Price: $1,286,672 (5809 sqft)
Subdivision: Reids Cove
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Taylor Morrison of | MLS # 3938138 | Active
204 Sagemore Road -- 4 BR, 3.1 BA
Price: $1,281,350 (3677 sqft)
Subdivision: Harbor Landing
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Pilot Realty & | MLS # 3678199 | Contract
12016 Cambridge Square Drive -- 5 BR, 4 BA
Price: $1,224,483 (3747 sqft)
Subdivision: Cambridge Square
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Realty ONE Group | MLS # 3913887 | Contract
12140 Cambridge Square Drive -- 5 BR, 4.1 BA
Price: $1,077,759 (3904 sqft)
Subdivision: Cambridge Square
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Realty ONE Group | MLS # 3933781 | Contract
707 Cornelius Road -- 3 BR, 2.1 BA
Price: $1,076,050 (2859 sqft)
Subdivision: Sisters Cove
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Pilot Realty & | MLS # 3936790 | Active
12152 Cambridge Square Drive -- 4 BR, 4 BA
Price: $1,019,000 (3451 sqft)
Subdivision: Cambridge Square
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Realty ONE Group | MLS # 3864356 | Active
16000 Cramur Drive -- 4 BR, 3.1 BA
Price: $962,600 (3830 sqft)
Subdivision: Norman Shores
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Pilot Realty & | MLS # 3910380 | Active
931 Cornelius Road -- 3 BR, 2.1 BA
Price: $961,800 (2869 sqft)
Subdivision: Harbor Landing
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Pilot Realty & | MLS # 3910358 | Contract

Listings 1 - 20 of 125   next

Lake Norman New Construction Townhomes

Lake Norman condos

Listings 1 - 20 of 45   next

9015 Charles Francis Lane -- 3 BR, 3.1 BA
Price: $599,990 (2654 sqft)
Complex: The Retreat At West Catawba
→ More info
David Weekley Homes | MLS # 3905435 | Active
8125 Houser Street -- 3 BR, 3.1 BA
Price: $587,627 (2585 sqft)
Complex: The Retreat At West Catawba
→ More info
David Weekley Homes | MLS # 3892995 | Contract
8107 Houser Street -- 3 BR, 3.1 BA
Price: $585,739 (2726 sqft)
Complex: The Retreat At West Catawba
→ More info
David Weekley Homes | MLS # 3894423 | Contract
9011 Charles Francis Lane -- 3 BR, 3.1 BA
Price: $581,354 (2748 sqft)
Complex: The Retreat At West Catawba
→ More info
David Weekley Homes | MLS # 3905480 | Contract
8103 Houser Street -- 3 BR, 2.1 BA
Price: $554,367 (2373 sqft)
Complex: The Retreat At West Catawba
→ More info
David Weekley Homes | MLS # 3891616 | Contract
8121 Houser Street -- 3 BR, 2.1 BA
Price: $547,978 (2379 sqft)
Complex: The Retreat At West Catawba
→ More info
David Weekley Homes | MLS # 3892752 | Active
9003 Charles Francis Lane -- 3 BR, 2.1 BA
Price: $523,668 (2379 sqft)
Complex: The Retreat At West Catawba
→ More info
David Weekley Homes | MLS # 3905644 | Active
9007 Charles Francis Lane -- 3 BR, 2.1 BA
Price: $519,043 (1977 sqft)
Complex: The Retreat At West Catawba
→ More info
David Weekley Homes | MLS # 3905580 | Active
110 Reids Cove Drive -- 3 BR, 2.2 BA
Price: $476,214 (1906 sqft)
Complex: Reids Cove
→ More info
Taylor Morrison of | MLS # 3846811 | Contract
105 Reids Cove Drive -- 4 BR, 3.1 BA
Price: $475,002 (1952 sqft)
Complex: Reids Cove
→ More info
Taylor Morrison of | MLS # 3853425 | Contract
8114 Houser Street -- 3 BR, 2.1 BA
Price: $462,990 (2373 sqft)
Complex: The Retreat At West Catawba
→ More info
David Weekley Homes | MLS # 3877465 | Contract
6345 Ashton Park Drive -- 3 BR, 2.1 BA
Price: $416,360 (2042 sqft)
Complex: Rivercross
→ More info
Thomas Property | MLS # 3858589 | Contract
4103 Steel Way -- 4 BR, 3 BA
Price: $396,545 (2570 sqft)
Complex: Blackstone
→ More info
DR Horton Inc | MLS # 3892186 | Contract
6291 Ashton Park Drive -- 3 BR, 2.1 BA
Price: $395,545 (1898 sqft)
Complex: Rivercross
→ More info
Thomas Property | MLS # 3897859 | Contract
114 Isleworth Avenue -- 3 BR, 2.1 BA
Price: $394,990 (1810 sqft)
Complex: Forest Lake
→ More info
TRI Pointe Homes Inc | MLS # 3918523 | Active
4173 Steel Way -- 4 BR, 3 BA
Price: $381,095 (2570 sqft)
Complex: Blackstone
→ More info
DR Horton Inc | MLS # 3931396 | Active
114 Isleworth Avenue -- 3 BR, 2.1 BA
Price: $379,990 (1810 sqft)
Complex: Forest Lake
→ More info
TRI Pointe Homes Inc | MLS # 3918529 | Active
4109 Steel Way -- 4 BR, 3 BA
Price: $379,990 (2570 sqft)
Complex: Blackstone
→ More info
DR Horton Inc | MLS # 3889884 | Contract
118 Isleworth Avenue -- 3 BR, 2.1 BA
Price: $374,990 (1810 sqft)
Complex: Forest Lake
→ More info
TRI Pointe Homes Inc | MLS # 3896866 | Active
4171 Steel Way -- 4 BR, 3 BA
Price: $372,990 (2570 sqft)
Complex: Blackstone
→ More info
DR Horton Inc | MLS # 3913499 | Active

Listings 1 - 20 of 45   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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