5 Key Takeaways on the Road to Dominating Sales

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How To Buy a New Construction Home: Tips and Reminders The biggest difference between purchasing a home and buying a new construction home is that you’re going to buy the former from the person who lived in it previously, while the latter means you’re buying it from the one who built it. Obviously, the foremost reason why you’re going for a new construction home is because you want to live in a property where everything is practically new. This means that you won’t be having that many issues with regards to damage and deterioration. But just like buying any kind of property or home, you need to go through a rigorous process to make sure you won’t regret your decision later. 1 – The first step in this rather long process is to hire a real estate agent.
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While looking for prospects, you need to double check if they are not connected or affiliated with the builder of the property you intend to buy. The reason why you want to hire an independent buyer’s agent is because you want nothing but for the agent to represent your interests.
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2 – Learn the art of negotiations. The downside of negotiating with builders of new homes is that unlike homeowner-seller themselves, they really aren’t that open when it comes to dropping the price of their property. The reason why builders don’t really intend to be open to negotiations is because they are in the firm belief that the property they’re selling comes with no compromise at all. But then again, there always is that very little room for opportunity. Though you feel like you no longer need to negotiate since you have the buyer’s agent doing it for you, the thing is having to learn how everything works will become a crucial attribute later on. 3 – Be sure every detail of the agreement is made into writing. Arguably the biggest investment you’ve had in your life is buying a house. Therefore, it always is a necessity for any kind of real estate deal to be put in writing. Putting everything in writing is non-negotiable because if you believe in nothing but verbal agreements, you are essentially leaving a room for the other party to deceive you. A written contract or agreement is legally binding, which means that once the builder signs it, they now carry the responsibility of fulfilling all the promises and agreements stipulated in that same portal. Finally, we don’t really recommend buying the cheapest available new construction home out there because you’ll never know you’re actually being ripped off.