Why an Agent Is Essential When Buying a Newly Built Home

Why an Agent Is Essential When Buying a Newly Built Home

For some buyers, there’s a misconception that newly built homes aren’t durable or lack the quality found in older homes. Unfortunately, this belief is causing some buyers to overlook what could be one of their best options in today’s housing market. As Builder Online states:

“As resale inventory remains limited and the price spread between new and resale homes narrows, new homes are increasingly an attractive value proposition for buyers, with incentives such as rate buydowns a way to help address ongoing affordability challenges.”

So, is there any truth to the myth? Let’s explore the best ways to ensure you feel confident about considering new home construction. This way, you won’t miss out on a great option available today.

Choosing the Right Builder

The key to ensuring you get a quality newly built home is to select a reputable builder. Reputable builders follow strict building codes and standards, employ advanced construction techniques, and often provide warranties that cover structural issues for several years. That’s why The Mortgage Reports provides this advice:

“When embarking on the journey of buying a new construction home, one of the most important steps is selecting the right builder. This decision can significantly impact the quality and satisfaction you derive from your new home.”

While you could research all the builders in your area, there’s a simpler option: rely on a professional. When you work with a local real estate agent, they already have knowledge about the builders and new home communities currently being constructed in your area.

Additionally, they may have worked with other buyers who chose homes in those neighborhoods. Here are just a few of the ways your agent can assist you:

1. The Builder’s Reputation: Your agent will guide you toward builders with strong reputations and positive reviews from past buyers. They will also ensure that the builder is licensed and insured. Additionally, membership in professional organizations, such as the National Association of Home Builders (NAHB), is a good indicator of a builder’s commitment to industry standards.

2. Their Model Homes: Your agent will also let you know if the builders have model homes available for tours. When your agent walks through the model with you, they’ll highlight the important details that matter most, such as the quality of finishes, layout, and overall ambiance of the home.

3. Builder Warranties: Your agent will also assist you in navigating any builder offers or incentives. Reputable builders typically provide warranties that cover major structural elements of the home for an extended period, demonstrating their confidence in the quality of their construction.

4. Getting Inspections: Even with newly built homes, inspections are essential. Your agent will coordinate inspections with licensed professionals to ensure the home meets safety and quality standards before you move in.

Agents Are the MVP When You’re Buying a Brand-New Home

Perhaps that’s why data shows homebuyers consistently rated their agents higher than their builders when reflecting on their recent purchase:

So, there’s no need to worry that they don’t build homes like they used to. By collaborating with a knowledgeable real estate agent to select a reputable builder, you can feel confident when purchasing a newly built home today. As Realtor.com states:

“If you are interested in buying a new construction . . . You need your own real estate agent from the get-go. Even if it seems like plug and play to sign up with the builder’s on-site agent, you’re going to want someone representing your side of the deal.”

Bottom Line

If you’re thinking about buying a brand-new home, don’t let misconceptions hold you back. Let’s collaborate to find a home you’ll love and be proud to call your own.