It’s a myth that you should just go straight to a builder, no agent needed, when it comes to buying a new construction home. Certainly, you may have circumstances that make a no-agent deal possible, but first-timers in the new construction market will find that an agent still helps them navigate the process, paperwork, and negotiation much easier than going it alone. Here are some ways you can make an offer on a new construction home that you’re excited about. 

Real estate agents have areas of expertise, and if you review and discover that one of your options for a realtor has a lot of experience brokering deals for new construction, that is a person to consider seriously. They will have a better understanding of the builders in your area and any ways that they tend to go through the process that you should be aware of, such as upselling with upgrades or changes to timelines. 

Research Extensively To Really Know Your Options

Speaking of which, even a great real estate agent isn’t a replacement for looking into the available builders and developments . Most builders who have been around for a while now have a reputation of some kind, whether it is that their homes stand the test of time or that they have issues early on in the lives of the new construction. This research is key before making an offer: not all new construction is created equal even if it is new, so make sure you’re placing an offer where you’ll truly be satisfied.

Even if Prices Are Set, Upgrades or Waivers Should Be Considered

While most builders in an intense sellers market aren’t offering incentives, it doesn’t hurt to talk through with your agent and the builder about any potential incentives. Their prices are likely to be firm, but adding upgrades or waiving particular fees, such as the first year of the HOA dues , may be on the table if they are eager to finish up selling part of a particular development. Don’t expect these options every time, but there’s little to be lost by checking.

While delays are often possible in the creation of new construction homes, the more information you can get in writing, the better, because it allows you to make it clear that you mean business if there are delays that weren’t accounted for in the written contract. Make time for the builder to sit down and really explain what and how you are committing to the process, including details for the walk through, before you make your offer. This information is key for you because it is much harder to get a builder to come back in and make repairs after you’ve already purchased the home. Instead, get a clear vision for when you need to make note of any construction defects so that they can make modifications before the ink is dry on your final contract!