Buyer’s Agent vs. Builder’s Agent
If you’re searching for a new home around Raleigh, NC, you might have wondered if you need someone to represent you. Is it really worth it? If you think you want to go it alone, here’s what could happen:
Let’s say you decide to check out a model house in a Raleigh community with newly constructed homes. Of course, model homes are going to look amazing. They’re set up that way to get your attention. You probably won’t find one that isn’t impeccably clean and clutter-free. Sometimes refreshments are available, and music is often played in the background to put you at ease.
The agent who represents the builder will walk you through the model home and show you all the updated features. He or she will provide you with the knowledge you need concerning this particular Raleigh community. You’ll also find out about the builder and, most importantly, information about the cost.
If you’re convinced that this is the right home for you and decide to make a move on it, things might not go as smoothly as you think.
In these scenarios, the agent who represents the builder is obviously going to put the builder before you. He or she will still assist you with the contract, though. But once you sign it, there’s no going back.
As you go through the contract, the agent might try to pressure you to buy things you don’t want – upgrades or extras that only make the price go higher.
And if you think you’re going to get the same attention from the agent during closing, you’re in for a surprise. You’ll be facing the builder’s attorney and the builder’s agent. Basically you’re stuck on your own at a time when representation is vital.
Visit our new construction page to learn more about new construction in the Greater Raleigh area.