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I'm Buying from a Builder - Do I Need an Agent?

Q: Do I need to hire a real estate agent to represent me when I buy a new home from a builder?

 

A: Legally, no. However, if you don’t, you might be missing out on some tangible benefits that impact your wallet and how much you get for your money.

 

There are many reasons why a Sales Professional (agent) is a sound investment during the purchase process with a builder. While some of them can be quite complex, here are a few highlights:

 

Market Value Compared to Purchase Price
How much money needs to come out-of-pocket for your down payment? If you don’t want a nasty surprise when it comes to disparities between your agreed upon purchase price and the actual market value of the home, you’ll want an agent with access to information to help you accurately assess the true value of that brand new home.

 

Negotiation Power
Sales Professionals are seasoned negotiators, and often an agent can get more from a builder than you would on your own. While some of these benefits are related to purchase price, other perks may include property or home upgrades.

 

Financing
Your builder will likely have preferred financing partners they work with. Many of those partners pay good money for the opportunity to handle your loan. However, is it the best loan at the best rate? A Sales Professional can be both a sounding board for financing terms and a source for trusted alternatives.

 

Contract Expertise
While your Sales Professional isn’t an attorney, they know a great deal about the ins-and-outs of property contracts. This includes builder’s contracts, which may have provisions that put you in dicey territory should something unforeseen happen. Protect yourself by using a Sales Professional's knowledge when going over the contract.

 

These four reasons are a good place to start when considering working with a Sales Professional, but there are plenty more! The bottom line is: The builder will have their own system in place to maximize their profit and minimize their costs - Shouldn’t you?

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What People are saying

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Keith I take this opportunity to thank you sincerely and convey my appreciation for the hard work and diligence you showed during the process of selling our home. As you will recall our home had been with another agent who brought through 2 groups of people in 3 months and gave us no feedback. In 10 days you had 9 groups through and so it went on. Your consistent and regular feedback was much appreciated. From day 1 you were determined to sell our home and did so successfully. At all times you kept us informed of market conditions and interest in our property. Our open homes were well organised and expertly handled you both yourself and Brendan. I have no hesitation in recommending Keith Murphy from Refresh Properties to any buyers or sellers – believe me Keith will ‘make it happen’. Odette Palmer

WOW - SOLD IN 14 DAYS!!!!!

Selling your home can be a stressful and worrisome experience, but through Keith's very professional efforts, it became an enjoyable and comfortable process for me. When I found I had to do some unexpected painting, Keith did not hesitate to help me get that done - and she is a brilliant wall painter! If I have the opportunity to help anyone find a realtor on the Gold Coast, I would send them directly to Keith Murphy.

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Refresh Property Australasia is a sophisticated boutique international real estate group primarily based in Australia. With a single international website and a superior brand incorporating a soft colour scheme, Refresh Property operates only in specially selected metropolitan and lifestyle locations where a savvy, discerning clientele appreciates our premium, boutique identity and unique points of difference.

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