December 15, 2024

Using a Realtor for New Construction: A Complete Guide to the Construction and Buying Process

Are you thinking about buying a new construction property? The allure of that pristine construction home with new paint, pristine floors, and sparkling appliances is strong, and today’s new developments have so much to offer. The builder’s agent will help you complete your new construction purchase and take care of all the details, but should you use a realtor for new construction?

While buying new construction without a Realtor is certainly possible, having your own realtor for new construction can have significant advantages. Remember that a builder’s agent, while helpful, is there primarily to represent the builder’s best interests. This is why many people partner with a buyer’s agent to get the most out of their new construction home purchase.

Pros and Cons of Using a Realtor for New Construction

An experienced real estate agent can give you the confidence that you’ve negotiated the very best deal on a new construction home. Real estate agents are experts in the local market, pricing, available properties in the area, and in utilizing their negotiation skills with sellers.

You have a busy life, and researching available lots or homes through the construction process is time-consuming. Why not let a seasoned realtor for new construction do the legwork for you? If you choose to work with a real estate agent, be sure to mention this to the builder’s sales representative upfront when you visit their model home so they know what to expect.

Here are some reasons to consider using a real estate agent for new construction.

Expert Negotiating Skills and Valuable Insights

Whether you’re buying your first construction home or your fifth, you may not be comfortable with negotiating purchase price and terms. A good realtor has negotiated countless deals and knows the ropes. When you use a realtor for new construction, you have a partner who can provide valuable guidance and has experience working with local builders.

Your agent may already have relationships with reputable builders and is familiar with their incentive packages. You could secure favorable terms like free upgrades, a lower interest rate (if the builder has their own lending division) or cash towards closing. The builder pays the realtor commission, so you receive these benefits at no additional cost.

Local Market Knowledge and Construction Experience

Each area and community has its own trends and pricing characteristics. A good real estate agent will have sold many homes in the area and understands the new construction market. Using a realtor for a new construction home gives you valuable insights into the surrounding area and helps you monitor construction milestones throughout the building process.

Expert Guidance Through the Homebuying Process

An experienced real estate agent can make the construction home buying process less daunting. Your agent offers assistance with:

Construction Contracts & Legal Matters

The new construction transactions come with complex paperwork and builder contracts. A real estate agent can help you understand what you’re signing and ensure the parties involved protect your best interests.

Design Decisions and Construction Timelines

Building a dream home means making decisions throughout the entire process, which can be stressful. Your agent can provide valuable insights on design choices and help you track construction milestones.

Secure Financing

If you aren’t highly experienced with new construction financing, your real estate team can walk you through different mortgage options and help troubleshoot any issues.

Inspections

Finally, your agent can oversee important construction milestones and be present during inspections to ensure all new construction quality standards are met, documenting progress throughout the construction process.

Post-Sale Support

Even after the final sale price is settled and the real estate transaction is complete, you may have questions about your new construction home. A real estate agent can guide you through any post-sale tasks and monitor final construction milestones.

Explore New Construction Homes at Pecan Square

Buying a new construction home without a Realtor can be done, or you can work with a realtor for new construction to find your dream home. With or without a Realtor, come and visit us at Pecan Square by Hillwood for new homes in Northlake. We designed Pecan Square to create a culture of community where neighbors can enjoy modern, energy-efficient homes (with smart home features thanks to our Canopy Technology Bundle), engage in fun activities, and enjoy a relaxed, small-town lifestyle.

Great Location

You can’t beat our location between Denton and Fort Worth, close to DFW International and Alliance Airports, multiple hospitals, and major employment centers.

Fabulous Lifestyle Program and Amenities

The award-winning lifestyle program at Pecan Square is second to none, with tons of community clubs and teams, exciting annual festivals, and many opportunities for social interaction. Our amenities include plentiful green spaces and pocket parks, a 2-story co-working space, the Arena (an open air pavilion with sports courts, an event venue and a playground), The Courts pickleball complex, a deluxe fitness facility, The Barking Lot dog park, three swimming pools, a game room, and multiple other areas to gather with friends, family, and neighbors. 

Choose a Ready-to-Build Home or Quick Move-in Home

Find your new home at Pecan Square without leaving the comfort of your kitchen table. Our Homefinder Tool lets you explore available lot locations, home styles, and local builders to make your dream home a reality. Pecan Square has beautiful move-in-ready homes (that are complete or nearly complete) if you need to move in a hurry.   

FAQs about Using a Real Estate Agent to Buy New Construction

Should you use a real estate agent when buying new construction?

Using a realtor for new construction gives you a knowledgeable partner to negotiate the best deal with the builder, discover incentives, assist with financing, and help you with other aspects of the sale.

Who does a real estate agent represent?

When you sign on with a real estate agent, they advocate for your best interests, support you in finding the most suitable construction home, negotiate the best possible purchase price and help you understand the real estate transaction process.

Do I need to use a real estate agent?

While buying new construction without a Realtor is possible, having an experienced real estate agent to guide you through the construction process and represent your interests can be invaluable. The builder’s sales agents can help, but we strongly advise all potential buyers to use their own real estate agent.

Visit Pecan Square by Hillwood

We’re proud of our beautiful new home community and would love to show you around. If you’d like to know more about Pecan Square by Hillwood, stop by The Greeting House for a community tour. Our builders have available inventory, and many are offering incentives! Browse for your home online, then visit the builder’s models to learn more about special offers.