Can a Builder Discount My Home if I Don't Work with a Realtor?

1. CanaBuilderDiscountMyHomeifIDon’tWork witha Realtor? Buying a new home can be stressful at best. A lot goes into purchasing a new home and even more gets tacked onto that when trying to purchase a new build. That means that many potentialbuyersare lookingtosave moneywhereverpossible.A common question buyers have is wondering if a builder will discount their home if they don’t work with a realtor. Despite recent press regarding builders cutting prices to account for a slowing housing market, they donot discounthomesjust becauseyou’renot workingwitharealtor. While this is upsetting to some, there are ways for homebuyers to save money on a new build. In this blog post, we’ll discuss the ins and outs of buying from a builder without a realtorandhowtoget the best possibledealswhen buyinganewhome.

2. CanIGet Better Rates ifINegotiatewiththe BuilderbyMyself? It’srelatively common knowledgethat apercentage ofthe closingcostsgotothe commissionof any realestate agent.Therefore,it seems likecommonsense that abuilder would be able tograntadditionalsavingsfornotneedingtohave an extranegotiator. However,thisisnotthecase. Thepeople at theoffice are trainedandspecialize innegotiations. Thesame appliestoreal estateagentsbut usually doesn’t applytothecommonhomebuyer. Goinginalone instead of usingalltoolsavailable might endupwithaworsedealthanwhateverthe professionals could manage. It’salsoimportanttonote that the builder’soffice knowsthistoo,andwilllikely trytoget potentialbuyerstoskiphavinganagentrepresent them.Thatmakesit infinitelyeasierto get people tosignwithoutnegotiations atallandtoget abettersale.These representatives can be as friendly and wonderful as ever, but the fact of the matter is that they are employedtoprotectthe interestsofthebuildersandnot the sellers.Bringinsomeone who isfightingforthe benefitof the buyertoeventhe playingfield, likeBuyers’ SliceRealty. CanICollectCommissionifIDon’t Work with a Realtor? Anotherassumptionis thatbuyersaregoingtobeabletocollectthecommissionthat would begoingtoarealestateagent if they don’t haveonerepresentingthem.Chancesare, this isn’t true. The exception to this is if the buyer is an attorney capable of representing themselves. Eventhen, itdoesn’tguaranteesavingsat the closingtable. While anattorneydefinitelyhas theskillsrequiredtoeffectivelynegotiateforthemselves,noteverybuilderisgoingto allowthemtocollect commissionjust because they’reforegoingthe servicesofarealestate agent.If thisistheintended route,besuretocheck first andnot assume.

3. HowCanIGetthe Best DealonaNew HomeBuild? • Nowthat it’sclearthat abuilderwon’t discountabuildjust because apotentialbuyerisn’t workingwitharealtor,it’stimetolook intowaystoget those sweet deals. • WatchtheMarket • Thehousingmarket ebbsthroughout theyear,andthat includesnewbuilds.Keepingan eye out for dips in prices and mortgage interest rates when buying a home in Colorado (or, really,anywhere) isasurefire way tosnagthebestpossibledeal.Knowwhatiswithin budgetandwatchfornewlistingswithin alowperiod. • KeepanEyeOutforIncentives • Builders don’t like to reduce prices. That opens the door for people only showing up for sales.Therefore, theyare more likely toofferspecialdealsinsteadof blatantsales. • Suchdealsinclude: • HomebuyerRebates • Discountedratesonthemodelhome • Incentivesfor using thepreferred lender • New homediscountonthemortgageitself • Besure toalwaysgetthesesortsof thingsinwritinginordertoensuretheystayexactlyas discussed,seen,andresearchedandsotherearenomiscommunications.

4. ChooseBuyers’SliceRealty When lookingintoColoradorealestateandfornewhome buildersintheColoradoarea, there’s nobody like Buyers’ Slice Realty. We really are the best choice to help homebuyers savebigwithnewbuilds.Unlikeotherrealestate agencies,Buyer’sSliceletsthebuyers spearheadtheirsearchwithout the pressure tomake anysortofdeals. Wecan helpwith listingsandviewings, but thechoiceof whichhome tobuy is andshouldbe yoursalone. Afteryou’ve decidedon the propertyyouwanttobuy,we’lltake care of the offerand paperworkandclosethedeal.After,wesplitthe buildercommissionwithyouat the closingtable.Workingwithusmeanssavingthousandson newandexistinghomesby cuttingout the middleman. So,ifyou’rereadytosavebigin theColoradoSpringsarea, contactBuyers’ SliceRealty tolearn more!