Purchasing a New Las Vegas Home? A Buyer’s Agent is Essential to You.
Why you should use a buyer's agent when purchasing a new home in Las Vegas
Posted: July 02, 2015 by Jesse Olive
Buying a newly constructed home is exciting. You get to design your dream home from the ground up; from choosing your home site, your model, interior finishes and upgrades. You don’t have to drive far to see newly constructed homes and neighborhoods popping up across the Las Vegas valley. There are a variety of builders, neighborhoods and models to choose from.
Like any home purchase, buying new construction is serious business--an expensive transaction with many financial implications. You may have heard that on-site agents can represent both the builder and the seller, but the reality is that on-site agents mainly represent the builder. While the on-site agents are indeed great resources for specific information about the builder, the community and the homes they are building, a buyer’s agent is only there to represent you to protect your interests and negotiate the most favorable terms for you.
HERE IS HOW A BUYER’S AGENT CAN HELP YOU WITH BUYING A NEW HOME
Fiduciary responsibility. One of the most important considerations for any buyer is fiduciary responsibility. When you retain the services of a Coldwell Banker Premier Realty Agent, their responsibility is to YOU! That means you have an expert who is looking out for your best financial interests--an expert who’s contractually obligated to protect YOU.
A good buyer’s agent will help you navigate the new-construction purchase agreement; help you understand how specific clauses, riders and upgrade options affect you; and make sure you know what you need to before you sign on the dotted line.
Negotiating a better deal. Finding the right model and picking your upgrades is the fun part. Once you’re ready to sign the purchase agreement, an agent can work on your behalf to negotiate better terms, from upgrade options to financing and closing costs, than you would get on your own.
Shepherding your new home to closing. Signing a contract with a builder is just the beginning. You must also line up financing, work with title companies and attend numerous inspections throughout the construction. Your buyer’s agent can manage that process and can accompany you on inspections to ensure you’re not missing anything at each construction milestone, so you have someone really protecting your best interest.
So, when purchasing a new Las Vegas home, be sure to make sure your buyer’s agent is a seasoned Real Estate professional, that they are neighborhood experts and take pride in being educated on the difference between new and resale homes. They should be willing to invest time to establish effective relationships with the builders’ sales agents to ensure a smooth, hassle-free transaction on YOUR behalf.
It should also be noted that including a buyer’s agent in your transaction will not cost you a dime.