1) The Builder’s representative is often not a licensed Davidson Real Estate Agent

… but an employee of the builder. Their legal obligations to you as a Buyer Representation New Construction Homes – are different than what the NC Real Estate Commission requires of licensed brokers…or “Buyer Representation”

The problem is that the builder’s representative is asking many questions which buyers shouldn’t be answering that expose the buyer’s motivation for Buying a Davidson, NC Home. Buyers are lulled into answering feeling like the builder’s representative is nice and professional. That type of information would not be accessible to the seller in a situation where the buyer is buying a used home because the buyer’s agent would know the info but not share it with the seller’s representative.

2) The Buyer Agent Represents You in the Transaction

…Having Buyer Representation and an Agent working for you will make all the difference in the world. You have a full-time job, how else could you afford this property? The Martin Real Estate Team of Davidson, NC will be there for you, when you can’t. We will explain the contract to you. We will point out where you are exposed and when you can lose your deposit. Your realtor will be there throughout the process. Your realtor may find another Davidson, NC New Construction Homes (click to view webpage) project that you just may like even more.

You will have many decisions to make during the process such as the grade and quality of your kitchen cabinets, bathroom tiles, flooring. Your Davidson Real Estate Agent will point out upgrades that will retain their resale value and not just the most expensive material. Things that you should have and things that are not important. And most importantly- things that you can afford. Also, your agent will explain when you get an independent home inspector…again, all part of Buyer Representation New Construction Homes.

3) The Builder Sales Reps Represent the Builder in the Transaction

Often builders have their own agents on site to answer questions, assist people who walk in, and ultimately help with a purchase. Builder reps provide a valuable service: They can explain differences between models and floor plans and share information about financing options, upgrades and specials. But it’s important to remember that builder reps represent the builder, as they are contractually obligated to do. “Realtors® are trusted resources for real estate information and can help home buyers navigate the increasingly complex home-buying process,” said National Association of Realtors® President Gary Thomas. “The buyer agency agreement ensures the buyer that his or her Realtor® will represent the interests of the buyer alone and not the seller.”

4) Fiduciary Responsibility

One of the most important considerations for any buyer is fiduciary responsibility. When you retain the services of a Realtor®, their responsibility is to you. That means you have an expert who is looking out for your best financial interests, an expert who’s contractually obligated to protect you. A Realtor® can help you navigate the new-construction contract; help you understand how specific clauses, riders and upgrade options affect you; and make sure you know what you need to before you sign on the dotted line.

5) Communication

…is the biggest complaint that buyers have with new Davidson construction. Buyers have an understanding based on what the sales representative says and then the buyers move on to deal with the project manager who actually builds the house. Sometimes the builder will then tell the buyer something different and if there is nothing in writing to prove it was included in the contract, it is difficult to enforce. Examples of items are drainage, grading, upgrades, how many steps to the front door and from the garage into the house.

6) The Buyers Agents Knows the Local Real Estate Market

…Your agent has worked with builders before handling Buyer Representation New Construction.  A Davidson, NC Buyers Agents knows which ones are dependable and which projects are a good value. They can tell if that $5,000 credit the builder is giving you for closing or “free” upgrades is really the best deal for you. In most cases, that $5,000 is tacked on somewhere else along the way without you realizing it- either with higher lender fees or title insurance costs.

7) You Are Already Paying For It

…Especially in this buyer’s market, the builder has already budgeted into the sales price the cost of paying a buyer’s agent. Most buyers don’t know this. So what happens when the buyer does not have a buyer’s agent when buying the property? That builder has just made more money in the sale of your home. If you have not negotiated the price minus the amount of the agent’s fee, the builder will keep it for themselves. But they haven’t told you that. So, if you are already paying for it, why wouldn’t you want to hire a real estate agent to represent you? Most importantly, you need to have your Davidson Agent with you BEFORE you make that first visit to a sales office. If you decide you need a buyer’s agent after you have “registered” with the builder, any Davidson Buyers Agents fees will come out of your pocket.

8) Final Sales Price

…Buyer Representation New Construction Home Owners need help understanding what their final sales price will be after they make all their selections. The process in our area starts with the buyer signing the contract and then the buyers go to the design center to select cabinets, appliances, etc.. Having a buyer’s agent in Davidson who attends those meetings helps ensure that the information provided by any of those builder employees is documented. Buyers also need help understanding what selections and upgrades help resale and which ones just help the builder’s profit margin.

9) Zoning and adjacent land

…in a community is a very important consideration. Builder’s representatives practice how to present less desirable aspects of a lot or community to buyers to minimize questions and objections. A good Davidson, NC Buyers Agents is going to explain to you how those aspects affect the resale value and how the community might change.

An example is land not owned by the builder that is currently undeveloped. It could be in the process of being developed or could be developed in the future. What type of housing or commercial buildings or the proximity of future roads that might be built is very important information a buyer should consider before purchasing a new home.

10) Contracts

…Builders usually use their own contracts that are drafted by their attorneys and are clearly written to benefit the builder over the buyer. Contracts on used homes usually use a contract drafted by the state bar that is designed to be more equally weighted between the buyer and seller.

Even if you visit a new home community before you realize you need Davidson Buyers Agents, it is a good idea to get a buyer’s agent involved before you make an offer. The process of buying a new home is not as simple as you might have thought.

See Also: Lake Norman New Construction Homes

Davidson-NC-New-Construction-Homes-North-Carolina

Davidson, NC New Construction Homes for Sale

Davidson homes

Listings 1 - 20 of 60   next

16118 Halle Marie Circle -- 4 BR, 4.2 BA
Price: $1,790,000 (4839 sqft)
Subdivision: Narrow Passage
→ More info
Keller Williams Lake | MLS # 3599096 | Contract
937 Martingale Lane -- 4 BR, 4.1 BA
Price: $1,699,000 (5150 sqft)
Subdivision: Davidson Equus
→ More info
Allen Tate Davidson | MLS # 3528559 | Active
3005 Maple Way Drive -- 5 BR, 5.1 BA
Price: $1,685,000 (5460 sqft)
Subdivision: Maple Grove
→ More info
Allen Adams Realty | MLS # 3505510 | Active
113 Hillside Drive -- 5 BR, 4.1 BA
Price: $1,499,000 (5103 sqft)
→ More info
Lead 2 Real Estate | MLS # 3620322 | Active
14228 Ryker Way -- 5 BR, 5.1 BA
Price: $1,458,000 (5613 sqft)
Subdivision: Narrow Passage
→ More info
Keller Williams Lake | MLS # 3618886 | Contract
14220 Ryker Way -- 4 BR, 3.1 BA
Price: $1,339,000 (5185 sqft)
Subdivision: Narrow Passage
→ More info
Keller Williams Lake | MLS # 3487457 | Contract
216 Ambleside Village Lane -- 4 BR, 3 BA
Price: $839,975 (2981 sqft)
→ More info
9 Yards Realty Group | MLS # 3632124 | Active
1514 Matthew McClure Lane -- 4 BR, 4.1 BA
Price: $811,635 (3746 sqft)
Subdivision: Davidson Hall
→ More info
TSG Residential | MLS # 3627323 | Contract
17917 Stuttgart Road -- 4 BR, 3.1 BA
Price: $795,000 (3340 sqft)
Subdivision: River Run
→ More info
BSI Builder Services | MLS # 3507628 | Contract
243 Anniston Way -- 4 BR, 3.1 BA
Price: $785,000 (4507 sqft)
Subdivision: Anniston
→ More info
Keller Williams | MLS # 3608810 | Active
14108 Ryker Way -- 4 BR, 3.1 BA
Price: $781,506 (3466 sqft)
Subdivision: Narrow Passage
→ More info
Keller Williams Lake | MLS # 3580774 | Contract
804 Patrick Johnston Lane -- 4 BR, 3.1 BA
Price: $772,500 (3655 sqft)
Subdivision: Davidson Hall
→ More info
TSG Residential | MLS # 3596031 | Contract
204 Ambleside Village Lane -- 4 BR, 2.1 BA
Price: $755,775 (2623 sqft)
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9 Yards Realty Group | MLS # 3606543 | Active
726 Patrick Johnston Lane -- 4 BR, 3.1 BA
Price: $753,719 (3267 sqft)
Subdivision: Davidson Hall
→ More info
TSG Residential | MLS # 3492834 | Active
14109 Ryker Way -- 4 BR, 3.1 BA
Price: $748,900 (3466 sqft)
Subdivision: Narrow Passage
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On Point Carolinas | MLS # 3635459 | Active
14113 Ryker Way -- 4 BR, 3.1 BA
Price: $738,900 (3148 sqft)
Subdivision: Narrow Passage
→ More info
On Point Carolinas | MLS # 3635815 | Active
812 Patrick Johnston Lane -- 4 BR, 3.1 BA
Price: $715,000 (3194 sqft)
Subdivision: Davidson Hall
→ More info
Helen Adams Realty | MLS # 3612408 | Contract
208 Ambleside Village Lane -- 3 BR, 2.1 BA
Price: $699,825 (2265 sqft)
→ More info
9 Yards Realty Group | MLS # 3632147 | Active
306 Fairview Lane -- 4 BR, 3 BA
Price: $694,100 (2975 sqft)
Subdivision: New Neighborhood/Old Davidson
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9 Yards Realty Group | MLS # 3588180 | Active
153 Riverstone Drive -- 4 BR, 3.1 BA
Price: $675,000 (3673 sqft)
Subdivision: Anniston
→ More info
Keller Williams | MLS # 3546343 | Active

Listings 1 - 20 of 60   next

Davidson, NC New Construction Townhomes for Sale

Davidson condos

Listings 1 - 5 of 5

523 Griffith Village Lane -- 3 BR, 3.1 BA
Price: $589,900 (3031 sqft)
Complex: The Villages of South Main
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Ivester Jackson | MLS # 3628527 | Active
15133 NE Rocky Bluff Loop -- 4 BR, 2.1 BA
Price: $409,900 (2832 sqft)
Complex: The Summit at River Run
→ More info
BSI Builder Services | MLS # 3553451 | Active
19714 Elise Caroline Alley -- 3 BR, 2.1 BA
Price: $307,900 (2158 sqft)
Complex: Westbranch
→ More info
Lennar Sales Corp | MLS # 3623238 | Contract
19710 Elise Caroline Alley -- 3 BR, 2.1 BA
Price: $276,441 (1897 sqft)
Complex: Westbranch
→ More info
Lennar Sales Corp | MLS # 3626941 | Active
19722 Elise Caroline Alley -- 3 BR, 2.1 BA
Price: $274,651 (1897 sqft)
Complex: Westbranch
→ More info
Lennar Sales Corp | MLS # 3626969 | Active

Listings 1 - 5 of 5

THE MARTIN REAL ESTATE TEAM OF LAKE NORMAN

The Martin Real Estate Team is here to help and answer all of your Real Estate Needs and Questions 7 days a week.

Questions, or if you would like to receive more information about Buying a Home or interested in Listing your Home for Sale, simply fill out the Our Contact Form or for a faster response you can also call the Davidson / Lake Norman / Charlotte Real Estate Specialists at 704-900-1619 right now!

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