NEW CONSTRUCTION IN SUMMERLIN- THINKING OF BUILDING A HOME?
Are you thinking of getting a new construction home from a builder in the Summerlin area? That’s great- if you’re absolutely sure that you’ll get every penny for your dollar. And will your investments be protected in the process? If you’re not sure (and most people aren’t), then we recommend hiring a local real estate agent who specializes in representing your best interests in the new-build home-buying process.
HAVE A PRO ON YOUR TEAM
Builders of large developments generally have employees that work for them on site. This bypasses traditional real estate agents because it cuts down their costs. Other times, they’ll have their own real estate agent who manages their listings for them. Either way, you’ll want to get your own agent to represent your own interests.
Not surprisingly, it’s the same story for lenders. Some builders try to “require” that you are pre-approved by their preferred lender first. They just want to make sure you’re a serious buyer. In most cases, however, you can still use the lender you choose- and especially if you have an agent guiding you along the way. Most agents have multiple lenders they’ll work with, and in some cases, even a preferred partner of their own that could save you in the end.
REPRESENTING YOUR BEST INTERESTS
New construction homes aren’t always listed in the MLS. Many people don’t realize that builders aren’t members of the MLS, therefore their homes may not show up in the MLS in their area. It’s better to work with a local agent who has access to the MLS and knowledge of all new builds in the area and what they offer.
Builders sell new homes often before they’re even built. From start to finish, the process in itself can take months. Most builders sell in ‘phases’ with each phase lasting as long as it takes to sell all the homes in that track. This means that without asking the right questions and choosing the best time to buy, you could end up living in a neighborhood construction zone for years.
Especially early on in the sales process, a home builder wants to get several homes under contract quickly to get the project rolling. As a buyer, this can mean more room for a lower price negotiation in the sale process. But once committed, if the sales of your development stall and you don’t want to move ahead with the build, you could risk losing your down payment and be stuck under contract with no way out. Avoid that by having a new construction home specialist represent you.
NEW CONSTRUCTION IN SUMMERLIN
Building your next home is a great option for some people; But so is having a new home specialist to represent your best interests during its purchase. The Snyder Group has a great relationship with our local Summerlin West builders, as well as a whole team of experienced new home specialists! If you are having thoughts about selling your current home and are considering building new, start by getting sound advice from your local new home specialist! Who you work with matters! Contact us today: 702-625-3202.