Building a New Home.note

Source: /Volumes/X9 Pro/ObsNotes/YoudaoYunNotes/默认笔记本/Building a New Home.note.pdf Converted: 2025-12-10 12:19:22

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Having worked in the model of a new homes builder in various communities, I have a unique insight

into the home building process, and what the rewards and dangers are in building a new home.

Depending on the market and your needs, building a new home can be one of the best decisions

you’ll ever make, or it can be one of the worst. I can provide you with valuable insight into the new

construction industry, help you find the perfect home quickly, and then provide you with expertise in

contract writing, negotiation, and closing.

The builder has a professional real estate representative to watch out for his best interests, and you

deserve the same expert representation watching out for yours. You won’t find another REALTOR®

who is more qualified or who enjoys building process more than myself.

These are just some of the consideration we’ll evaluate together – remember, always think about

resale when buying a new home:

• Lot selection. Premium lots typically won’t bring a great return when it comes time to sell so choose

with caution.

• Floor plan selection. Consider what direction trends are going with items such as formal vs.

informal dining area, main level bedrooms, etc. If something is “on the way out” when you’re building,

it will be considered archaic by the time you sell 5 years from now.

• Selecting upgrades that bring a good return, or that would be cost prohibitive to add later. Choose

upgrades wisely. You may be surprised to find out how builders calculate upgrade costs – you can

often perform the same upgrade after closing for a similar price, if not less.

• What about the developer’s reputation? Did they follow through on their last community with parks

and amenities they promised? A good developer can make an appreciable impact on the value of

your home over the long term.

• How does the size and price of your potential home fit into the neighborhood? You want to make

sure the neighborhood will support or pull up the value of your home. You don’t want the house that

helps everyone else on their appraisal.

What about building a custom home?

Having proper representation is very important when you are entering into a contract for a

custom or semi-custom home. These transactions are complex and contract details must carefully

reviewed for your protection.

Are there any advantages to not using an agent to purchase a new home?

There is no financial advantage for you to buy directly from the builder. Just like resale, the seller

pays your agent’s fee. Builders have a “single price” policy, meaning that you will be charged the

same price whether your interests are represented by an agent or not. (Additionally, if a builder were

to discount prices for unrepresented buyer’s, it artificially devalues the neighborhood and hurts the

builder’s overall investment.)

Building a New Home