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

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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
325 W Waterlynn Road -- 6 BR, 5.1 BA
Price: $1,252,346 (5967 sqft)
Subdivision: Reids Cove
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Taylor Morrison of | MLS # 4077530 | Active
104 Isle of Pines Road -- 2 BR, 2.1 BA
Price: $1,200,000 (3454 sqft)
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Allen Tate | MLS # 4061724 | Active
156 Ashmore Circle -- 4 BR, 4.1 BA
Price: $1,199,000 (3760 sqft)
Subdivision: Falls Cove
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Carolina Realty | MLS # 4100854 | Active
156 Crooked Branch Way -- 4 BR, 4.1 BA
Price: $1,195,000 (4480 sqft)
Subdivision: Winding Forest
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JD Realty Group LLC | MLS # 4103110 | Active
111 Monbo Meadows Lane -- 4 BR, 3.1 BA
Price: $1,166,630 (3402 sqft)
Subdivision: Monbo Meadows
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J Meeks + Co | MLS # 4022411 | Active
133 Monbo Meadows Lane -- 4 BR, 3.1 BA
Price: $1,152,000 (2800 sqft)
Subdivision: Monbo Meadows
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J Meeks + Co | MLS # 4028442 | Active
119 Monbo Meadows Lane -- 4 BR, 3.1 BA
Price: $1,137,845 (3263 sqft)
Subdivision: Monbo Meadows
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J Meeks + Co | MLS # 4028414 | Active
Harbor Oaks Drive -- 4 BR, 3.1 BA
Price: $1,135,800 (5600 sqft)
Subdivision: Harbor Oaks
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Ivester Jackson | MLS # 4097425 | Active
165 Streamside Estates Drive -- 3 BR, 2.1 BA
Price: $1,100,000 (2624 sqft)
Subdivision: Streamside Estates
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RE/MAX Executive | MLS # 4110443 | Active
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
8840 Dog Leg Road -- 4 BR, 3.1 BA
Price: $1,030,900 (4015 sqft)
Subdivision: Sherwood Shores
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Lake Norman Realty, | MLS # 4100679 | Active
305 W Waterlynn Road -- 6 BR, 5.1 BA
Price: $1,010,687 (4697 sqft)
Subdivision: Reids Cove
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Taylor Morrison of | MLS # 4098186 | Active
9627 Riviera Drive -- 4 BR, 3.1 BA
Price: $999,000 (3560 sqft)
Subdivision: Island Point
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Tyson Sold | MLS # 4079630 | Active
228 Big Indian Loop -- 4 BR, 3.1 BA
Price: $998,000 (3467 sqft)
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Lakemist Realty Inc | MLS # 4086745 | Active
339 W Waterlynn Road -- 6 BR, 5.1 BA
Price: $998,000 (4715 sqft)
Subdivision: Reids Cove
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Taylor Morrison of | MLS # 4058222 | Contract
145 High Lake Drive -- 4 BR, 4.1 BA
Price: $995,000 (4848 sqft)
Subdivision: Harbor Watch
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David Hoffman Realty | MLS # 4099976 | Active
234 Big Indian Loop -- 4 BR, 3.1 BA
Price: $989,000 (3257 sqft)
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Lakemist Realty Inc | MLS # 4086762 | Active
332 Canvasback Road -- 3 BR, 3.1 BA
Price: $987,000 (3743 sqft)
Subdivision: Mallard Head
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Mooresville Realty LLC | MLS # 4087121 | Active
4443 Giles Avenue -- 4 BR, 3 BA
Price: $975,000 (3574 sqft)
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Mooresville Realty LLC | MLS # 4062227 | Active

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Lake Norman New Construction Townhomes

Lake Norman condos

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4330 Reed Creek Drive -- 4 BR, 3.1 BA
Price: $386,990 (2154 sqft)
Subdivision: Waterstone
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CCNC Realty Group LLC | MLS # 4084819 | Active
109 Isleworth Avenue -- 3 BR, 2.1 BA
Price: $385,590 (1720 sqft)
Complex: Forest Lake
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TRI Pointe Homes INC | MLS # 4087427 | Contract
109 Forest Lake Boulevard -- 3 BR, 2.1 BA
Price: $385,158 (1720 sqft)
Complex: Forest Lake
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TRI Pointe Homes INC | MLS # 4105343 | Active
4164 Steel Way -- 4 BR, 3 BA
Price: $384,245 (2570 sqft)
Complex: Blackstone Bay
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DR Horton Inc | MLS # 4103847 | Active
7905 Iron Road -- 4 BR, 3 BA
Price: $382,595 (2570 sqft)
Complex: Blackstone Bay
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DR Horton Inc | MLS # 4089923 | Contract
7874 Iron Road -- 4 BR, 2.1 BA
Price: $381,855 (2395 sqft)
Complex: Blackstone Bay
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DR Horton Inc | MLS # 4091250 | Active
7882 Iron Road -- 4 BR, 2.1 BA
Price: $381,855 (2395 sqft)
Complex: Blackstone Bay
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DR Horton Inc | MLS # 4091244 | Active
118 Berkeley Avenue -- 3 BR, 2.1 BA
Price: $381,088 (1720 sqft)
Complex: Forest Lake
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TRI Pointe Homes INC | MLS # 4080062 | Active
7904 Iron Road -- 4 BR, 3 BA
Price: $379,000 (2570 sqft)
Complex: Blackstone
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DR Horton Inc | MLS # 4071893 | Contract
7876 Iron Road -- 4 BR, 3 BA
Price: $377,545 (2570 sqft)
Complex: Blackstone Bay
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DR Horton Inc | MLS # 4091248 | Active
7880 Iron Road -- 4 BR, 3 BA
Price: $377,545 (2570 sqft)
Complex: Blackstone Bay
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DR Horton Inc | MLS # 4091245 | Contract
7898 Iron Road -- 4 BR, 2.1 BA
Price: $377,055 (2395 sqft)
Complex: Blackstone
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DR Horton Inc | MLS # 4071899 | Contract
4396 Bronze Boulevard -- 4 BR, 3 BA
Price: $377,045 (2570 sqft)
Complex: Blackstone Bay
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DR Horton Inc | MLS # 4089200 | Active
4394 Bronze Boulevard -- 4 BR, 2.1 BA
Price: $376,855 (2395 sqft)
Complex: Blackstone
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DR Horton Inc | MLS # 4089184 | Active
4400 Bronze Boulevard -- 4 BR, 2.1 BA
Price: $376,855 (2395 sqft)
Complex: Blackstone
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DR Horton Inc | MLS # 4089176 | Active
7900 Iron Road -- 4 BR, 3 BA
Price: $376,345 (2570 sqft)
Complex: Blackstone Bay
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DR Horton Inc | MLS # 4071897 | Contract
7901 Iron Road -- 4 BR, 3 BA
Price: $375,795 (2570 sqft)
Complex: Blackstone Bay
→ More info
DR Horton Inc | MLS # 4089925 | Contract
112 Berkeley Avenue -- 3 BR, 2.1 BA
Price: $374,173 (1720 sqft)
Complex: Forest Lake
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TRI Pointe Homes INC | MLS # 4099603 | Contract
118 Berkeley Avenue -- 3 BR, 2.1 BA
Price: $373,602 (1720 sqft)
Complex: Forest Lake
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TRI Pointe Homes INC | MLS # 4073204 | Contract
7899 Iron Road -- 4 BR, 2.1 BA
Price: $372,005 (2395 sqft)
Complex: Blackstone Bay
→ More info
DR Horton Inc | MLS # 4080462 | Contract

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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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