New Construction: Why You Need an Agent to Help You (Part 1 of 3).
Buying a house from a builder seems simple — you show up, sign in, view the model, pick out your lot and upgrades, and sign. “Why do I need an agent for that?” I hear you asking… Read on, my friend.
If you were buying someone else’s home, an agent would probably write an offer on your behalf on a form produced and copy-written by the California Association of Realtors (C.A.R.). It’s a form that agents like me use every day, and one with which we are highly familiar. The most important thing about it, though, is the fact that it’s non-biased; it’s your agent who fills in the blanks and checks the boxes to make it more to the buyer or seller’s advantage.
New Home Builders do not use this form; instead, they write their own. Well, not them, technically, it’s worse — their attorneys write it for them. Then the Agreement has to be approved by the California Department of Real Estate. Let me ask the obvious question: when an attorney is hired to write a contract, to whose advantage do you think that agreement is written? I’ll give you a hint — it’s not to yours.
“Well they can’t be that different!” I hear you saying; respectfully, I disagree. Here’s the reality: the C.A.R. Purchase Agreement is eight pages long, a New Home Builder contract can be over 30 pages long!
Because I help people in Dublin Ranch buy and sell real estate all the time, I can read through contracts and instantly fish out the cruddy stuff. In this market, everything is negotiable. I know what’s typical in our area and will help you negotiate a better deal.
Because my commission is paid by the builder, this is a FREE service to you! Give me a call today at 925.230.8375 or shoot me an email.