Is it beneficial to use a real estate agent when buying a home from a home builder?
The Realtor is telling the truth. New home builders actually build in the 3% they pay Realtors. If you don’t bring one the 3% goes directly to the bottom line. Go into a new home development and tell them you want 3% taken off the top of the home. They will most likely tell you to go take a hike. Realtors can actually ask very specific questions that you as a neophite would never think to ask. Realtor also know that the “Statute of Frauds” prevents the salesperson in the model home from VERBALLY promising you things and not putting it in writing. Many people decide to NOT use an agent to buy a new home and pay dearly for this decision. Here’s what normally happens. They go into a new home development and the salesperson working for the new home builder asks “Are you with your agent?” If you go to the models THE FIRST TIME without an agent you cannot bring your agent back to negotiate the contract. Once they know you are not represented by professional council then they can go to work o
