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Do I need a Realtor for New Home Construction?

The Builder Will Make it Seem Like You Don’t

If you’ve been captivated by the recent new construction in the area, you’ve probably wondered what that purchasing process is like. Do you even need a Realtor? The builders sure do make it look like you don’t.  Building a home is more similar to buying a resale than you may think. Take a look at these 5 aspects of the building process and see the advantage in having someone work for you- for free!

1. Representation

The simple explanation is that the builder’s Sales Reps work for the builder. Some are licensed, not all are Realtors (Realtors are held to a higher ethical code) and overall they negotiate, sell for, and are paid by the builder.  You wouldn’t buy a typical resale home from a seller’s agent without having one yourself, so why would you let the builder do this? Choosing to be represented by a Realtor when you build ensures that someone is fighting for you.

2. The Search

At our fingertips, we have an ongoing list of what’s available in all areas, base prices, lot prices,  and option prices.   We are also very familiar with all areas of the city, what they have to offer and what they feature.  For example, there are many master planned communities in Las Vegas and Henderson and all have different amenities and price ranges.  Realtors have a portal, much like MLS to navigate through everything and target specifically what you are looking for.

3. Negotiation

Negotiations between a typical resale and a new construction are not identical. Even so, do you know what builders offer their buyers as incentives? Do they pay for closing costs or offer free upgrades? Do they have an in-house lender that can offer discounts and what rates do you compare to?  Do they offer a 5 or 10 year home warranty? Having a knowledgeable Realtor will give you insight into what is typical for a builder to offer. You may get some free stuff!

4. Inspection and Survey

Do you know who to call if you need an inspector, appraiser, surveyor and lender? If not, then a Realtor would be handy to have. The new home still needs to appraise, the land to be surveyed, the lender to prepare your loan and the attorney to close the deal. A Realtor’s connections alone give them value in every purchasing situation.

5. My Commission

As with all my buyer clients, you don’t pay me! The seller, or in this case, the builder, pays my commission at all times. If it’s free for you, then forgoing a Realtor is like the buyer not paying the builder to represent them. Ask me to represent you in the purchase of your new home. I make it EASY for you – especially if you’re out of town!

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Las Vegas is broken into 7 Basic Areas:

North Las Vegas

Northwest (Providence, Cliff’s Edge, Centennial Hills)

Summerlin (West)

Southwest (Rhodes Ranch, Mountain’s Edge, Southern Highlands)

East (Sunrise Mountain)

Henderson (Green Valley, Inspirada, Anthem, McDonald Ranch)

Lake Las Vegas