cdpedro
Posts:117
 | | 07/11/2007 4:19 PM |
 Alert | My husband and I are looking at buying our first home. It would be a new build. We are disagreeing on wether to use a realtor or not, me wanting to and him saying we don't need one (upon the urging of a co-worker).
So my question to you all is, If you used a realtor how was your experience? Do you think next time you build will you go that route again or do it yourself? And for those that did not, do you wish you would have or do you think you did fine all on your own?
What did you like/dislike about your choice.
TIA
Cheryl | |
--Cheryl-- | |
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Urban Cowgirl
Posts:208
| | 07/11/2007 4:22 PM |
Alert | | As a buyer, it's probably in your best interests to have a realtor, especially being a first time home buyer! | |
Janelle
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You can take the girl out of Kansas, but can't take Kansas out of the girl! | |
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Reagan
Posts:697
| | 07/11/2007 4:25 PM |
Alert | I would always use a Realtor. The sales agents are nice, but when there is a problem or a disagreement, the sales agent works for the builder, not you. Why not have an advocate on your side, plus it isn't going to cost you anything.
Also, they generally know the competition, so they can show you other builders that might have better prices, or know of an upcoming sales special that can save you thousands by waiting a week or two.
Just like shopping for a new home, I would shop for a Realtor just as much and make sure they are going to work for you, not just cash in on easy money! | |
Welfare's purpose should be to eliminate, as far as possible, the need for its own existence.
Reagan, Los Angeles Times, January 7, 1970 | |
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cdpedro
Posts:117
| | 07/11/2007 4:30 PM |
Alert | | I've tried to tell him that, but his co-worker and him called the sales office today to see what the incentives were and they told him that if he didn't work with a realtor that they would give 3% towards closing costs, and that would come real close to covering them. But it didn't apply if you worked with a realtor. So his main motivation is he thinks he is saving us money. | |
--Cheryl-- | |
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Reagan
Posts:697
| | 07/11/2007 4:33 PM |
Alert | | I would ask the Realtor you are going to be working with. The Realtor should be able to call and say they will pay the closing cost and your Realtor, or you will go elsewhere. I would almost guarantee it will work in this market. Pay hardball in this market, the worse they can say is no!!! | |
Welfare's purpose should be to eliminate, as far as possible, the need for its own existence.
Reagan, Los Angeles Times, January 7, 1970 | |
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Urban Cowgirl
Posts:208
| | 07/11/2007 4:35 PM |
Alert | | Make sure that you're also considering all of your lending options - using the builder's lender isn't always the biggest savings! Also, because of current market conditions, many times a builder will still offer the same incintives even if you don't use their lender. | |
Janelle
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You can take the girl out of Kansas, but can't take Kansas out of the girl! | |
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AuntieAnn
Posts:204
| | 07/11/2007 4:45 PM |
Alert | My husband and I used a realtor for our new build. As far as helping us get a better deal, I did a better job at that then the realtor, but our realtor knew a lot of lenders and THAT was were we got a smokin' deal. Also Reagan is right we had a realtor and the builder paid for our realtor and ALL of our closing costs ( we even got our earnest money back)! You need to be ready to walk away | | | |
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Fritzydoodle
Posts:958
| | 07/11/2007 5:16 PM |
Alert | Let's put it this way...
You can find instructions for an appendectomy online. But do you really want your husband to give you an appendectomy to save money?
As a first-time homebuyer, use a Realtor. Shop around, ask friends for recommendations, ask for references and then check them. They may or not save you money - but they will be able to point you in the direction of funding, home inspectors, contractors, suggestions on upgrades that will help in the resale of your home etc.
This is a buyers market. Your Realtor can help you take advantage of the market without costing YOU anything. | |
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poobaa
Posts:153
| | 07/11/2007 5:37 PM |
Alert | You use a real estate agent to get cash back from him at closing. Many agents will rebate up to 2% of their 3% commission paid to them by the builder. This costs you nothing on your deal.
You can use the builders mortgage kick back and just refi 30 days after closing.
It is all about the money. You buy 3 or 4 homes in a life time, a good agent will be part of 10 deals a year. Call Moe 602 326 3552 for info | |
"What me worry"
If you don't know where you are going, it matters less what road you take | |
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KevinH
Posts:31
| | 07/11/2007 5:43 PM |
Alert | | I did not and would not use a realtor. Don't try and think you are smarter then the builder. You will be the one paying for the realtor. Sure they might still pay your closing cost but you will just be paying more for the house. These builders don't make special deals because they like the way your hair looks. They are mostly large company and the pricing is not made in that sales office. The only reason these people think they pushed around the builder is that the builder has lowered the pricing since they signed so the builder has agreed to give them the new pricing to keep from losing the deal. Since they are already offering the same house for less to anyone walking in off the street. Pick a good builder and keep the 3% in your pocket. | | | |
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cdpedro
Posts:117
| | 07/11/2007 8:49 PM |
Alert | | Thanks for everyone's imput so far!! Now to get DH to read this! | |
--Cheryl-- | |
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DingDong
Posts:252
| | 07/11/2007 9:27 PM |
Alert | A realtor on a new build doesn't cost the buyer anything. Do you think the builder has a pricing based on if you have a reator or not?
When our home was being built and we lived out of town..Our realtor came out here every 2-3 weeks and took pictures of the progress. I now have hundreds of pictures and can tell you what was used, it's location etc. Very handy for future modifications. The realtor was our eyes and ears. I think her service was very valuable. And if I saw something I didn't like in the picture, she made sure it was corrected by the builder.
Realtor Amy Fila 480-330-1731 | |
DingDong
Senior Member
Joined: July 2005
" Yeah, definately yeah. " | |
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KevinH
Posts:31
| | 07/11/2007 10:36 PM |
Alert | | yes i do believe that ...that is why they ask you up front if you have a realtor before they give you pricing | | | |
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twostep23
Posts:1687
| | 07/11/2007 10:52 PM |
Alert | | protection, protection, protection | |
Senior Member
Posts: 4625
Joined: Feb 2006 | |
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LUCERO13
Posts:3
| | 07/11/2007 10:56 PM |
Alert | I WOULD USE A REALTOR....WE FOUND ONE THAT WORKED WITH US EVERY STEP OF THE WAY AND WAS WILLING TO FIGHT FOR US...IT NEVER HURTS TO TALK TO ONE ...
TRY... WWW.NICHOLASMCCONNELL.COM... YOU COULD ALWAYS CHANGE YOUR MIND AND NOT USE ONE ...GOOD LUCK | | | |
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rule11
Posts:344
| | 07/12/2007 4:09 PM |
Alert | | with my experience and from what i'm told, it's good to have a realtor in resale houses, but on new build i don't think you need one. | |
i don't like people who uses "signature" on their profile. TAKE IT OFF!!! | |
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maricopacabana
Posts:338
| | 07/13/2007 6:54 AM |
Alert | | If it's your first home purchase and especially your first build it's good to have a realtor. We used one. She was at advising what upgrades are good and which are a waste of money. The builder won't do that. As others have said too they can also be valuable in finding alternate lenders. | | | |
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