It’s not a good idea to purchase a property on your own, especially a new construction. It’s simple to understand why many people find buying a newly constructed home or the land on which to do so enticing. However, it confounds prospective homeowners in one crucial area. In most cases, the answer to the question “do I need a real estate agent while buying a new constructed home?” is “yes.” You won’t get a discount on a new build if you don’t use an agent because no one will be looking out for your interests as a buyer.
The function of your realtor in new built homes
When you construct a new house, a real estate agent can assist you in a variety of ways:
- They will advocate for you (the buyer)
In your best interest, your real estate agent is there to speak up. A builder’s agent will be pleased to assist you with the paperwork for a home purchase, but in the end, they represent the builder. They owe the builder fiduciary duties, because the builder is the one who signs their paychecks. They will consider the interests of the builder first in light of this.
You can be sure that you will have someone on your side during the transaction when you employ a real estate agent to assist you. Someone will be present to make sure you receive what you require from the transaction.
- They can offer negotiating support
A professional real estate agent can negotiate on your behalf with the builder when you’re buying a new construction property to ensure that your money is also covered by the contract. Additionally, if there are any complications during the transaction, they can assist you.
- They will remind you of the value at resale
In light of this, a competent real estate agent in Kitchener can keep you on course by bringing up the prospective resale value of your new house. They can offer you a decent indication of whether or not you are on track to make money from your investment because they are familiar with the area and the appreciation that has occurred over the past few years.