Working with an ABR® Certified Realtor® in Purchasing Your Next Home

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I’m Buying a Newly Built Home — Do I Need a Realtor®?

Im Buying a Newly Built Home    Do I Need a Realtor®? photoBuying a new home is exciting. You get to build your dream from the ground up, choosing your lot, your model, interior finishes and upgrades. But like any home purchase, buying new construction is serious business, an expensive transaction with many financial implications.

That’s why it’s a good idea to obtain representation from a Realtor® when considering a new home purchase. Here’s why:

Builder sales reps represent the builder. Often builders have their own agents on site to answer questions, assist people who walk in, and ultimately help with a purchase. Builder reps provide a valuable service: They can explain differences between models and floor plans and share information about financing options, upgrades and specials. But it’s important to remember that builder reps represent the builder, as they are contractually obligated to do. “Realtors® are trusted resources for real estate information and can help home buyers navigate the increasingly complex home-buying process,” said National Association of Realtors® President Gary Thomas. “The buyer agency agreement ensures the buyer that his or her Realtor® will represent the interests of the buyer alone and not the seller.”

Fiduciary responsibility. One of the most important considerations for any buyer is fiduciary responsibility. When you retain the services of a Realtor®, their responsibility is to you. That means you have an expert who is looking out for your best financial interests, an expert who’s contractually obligated to protect you. A Realtor® can help you navigate the new-construction contract; help you understand how specific clauses, riders and upgrade options affect you; and make sure you know what you need to before you sign on the dotted line.

Negotiating a better deal. Finding the right model and picking your upgrades is the fun part. Once you’re ready to sign the contract, a Realtor® can work on your behalf to negotiate the terms, from upgrade options to financing and closing costs. In addition, a Realtor® can present other options for financing or might be able to work with the builder’s lender directly to get you a better rate for your mortgage.

Shepherding your new home to closing. Signing a contract with a builder is just the beginning. You must also line up financing, work with title companies and attend numerous inspections throughout the construction. A Realtor® can manage that process and can accompany you on inspections to ensure you’re not missing anything at each construction milestone.

Author: Alex Cortez

Benchmark Realty

About David Fountain

David400x512David Fountain has been a resident of of Middle Tennessee for over 10 years. 5 of those years, David has been providing real estate assistance to both buyers and sellers.

Having a residential real estate investment background, David also enjoys assisting both new and experienced investors with recognizing the potential in and locating property that will yield the highest return.

His career experience includes eight years of marketing and event management, which he utilizes in managing the hundreds of details involved with selling or purchasing a home.

David and his wife Jennifer enjoying living and raising their 2 year old triples (two girls and one boy) in Franklin, TN. David shares, “We absolutely love Franklin and we’re very thankful to have the opportunity to raise our kids here.”

If you are looking for a Realtor® in Williamson County and Nashville who has a passion for helping people, is light-hearted, serves with integrity, and has over 5 years of residential real estate experience, then David Fountain is the Realtor® for you!

Direct: (321)279-3634
Benchmark Realty Office: (615)371-1544

David looks forward to hearing from and assisting you soon!