A buyer’s representative monitors all transaction details and advises the buyer at every step of the way. A buyer’s representative protects the buyer’s interests. As your representative, Laura and Cindy will:

  1. Look out for your interests. Builders and their representatives do not represent you.
  2. Make sure you see the full range of new and existing homes on the market. Builders are not obligated to show you every home they have for sale.
  3. Describe the workings of the development process, how it works, and what can go wrong so that you know what to expect.
  4. Help you understand how building schedules affect your financial obligations in the construction process.
  5. Help you sift through information and speed up decision making so you don’t lose out on opportunities.
  6. Review the builder’s contract with you, alert you when the builder’s deal seems one-sided, and advise when legal counsel is needed.
  7. Help you plan your move-in and timing for selling your existing home.
  8. Alert you to considerations that may not be provided for at closing, including title insurance and protection against mechanic’s liens.
  9. Obtain public subdivision reports on any subdivision you are interested in so you can be more fully informed about specific data.
  10. Help you research builders’ reputations and references.
  11. Obtain environmental hazard disclosures from the builder as well as other desired disclosures, such as Megan’s law, pests, pollution, and so forth.
  12. Recommend qualified lenders who are experienced with new construction.
Date posted: December 16, 2013 | Author: | Comments Off on Why New Homebuyers Need Representation

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