With the accessibility of today’s housing via the internet, many home shoppers may feel that they don’t need a buyer’s agent to help them find their dream property. And for newly built homes, while you can do a lot of the legwork yourself, in the end you won’t be saving either money or time.
Plain and simple, even though the buyer’s agent works for you and not the seller, the seller is the one who will wind up paying for your agent upon closing. Therefore, the first question you should be asking yourself is, “Why would I pass on a service that is in essence…FREE?”
In today’s market, most new homes are being built by national builders who employ salaried agents to sell their properties who don’t always have your best interest in their heart. Generally, the first thing a seller’s agent will want to know about you is whether or not you have representation – if you don’t, the commission that they would normally have to split with your agent will go directly into their pocket.
With this, a selling agent is obviously interested in getting you to pay top-dollar for their property; however, a buyer’s agent will help counteract this by taking note of other similar sales in the area and making sure you aren’t paying too much. In essence, your buyer’s agent is there to buffer you and negotiate on your behalf so that by the time you close, your house has not only been properly inspected, but has also been placed in perfect condition.
Similarly, when it comes to financing, a good agent will help you walk through the process of finding a solid mortgage company who can give you options which fit your lifestyle. While the agent employed by the builder may also come ready with financing through a partnered company, it’s important to remember that they may not be looking to help you find the best solutions.
In short, when entering into a real estate transaction, it’s important to have someone in your corner who will make sure that you are taken care of throughout the entire process. The Dinsmore Team can help you find the right mortgage lender, closing attorney and help you find your perfect home.
Marie Dinsmore, Certified Luxury Home Marketing Specialist
The Dinsmore Real Estate Team | www.dinsmoreteam.com