With new construction, you’ll want a Realtor by your side to make sure nothing falls through
The real estate industry is incredibly complex. While signing a contract is the first step, it’s essentially just the halfway point to a successful transaction. Getting from contract to closing is hardly guaranteed, and it can be a frustrating and lengthy process. Without proper representation, knowledge, and guidance, buyers can easily find themselves in over their heads. That’s why having a Realtor by your side throughout the entire process is essential. Here’s how they can help:
Your Realtor will research city plans
If you’re buying a home in a new neighborhood, it’s likely that it is still developing. You’ll want to know what is planned for the city as a whole before committing to a new area. These details include the city’s plans for new roads, public spaces, parks, and schools. You want to be confident that your neighborhood is going to be the ideal place for you to live in as it grows, and understand how these changes could affect things such as property taxes. And no one will know more about the future plans for the area than your local Realtor.
Your Realtor can be resourceful and diligent during negotiations
Once you’re comfortable with signing a contract, a Realtor can work on your behalf to negotiate terms such as financing options and closing costs. Builders don’t typically like to drop their prices. Thus, your Realtor may instead negotiate for the builder to pay closing costs or perform upgrades at no additional charge. Your Realtor understands your goals as well as the “back-end” options that exist for cutting costs or getting more value.
Your Realtor will make sure everything is in writing
If you’re buying a home that is not yet complete, it is vital that every aspect of the deal is in writing. From how the home will be finished to what will happen if construction isn’t completed on time, to specific deadlines in place, if you want to make sure it gets done you need to have everything documented. It might seem like a simple conversation to you, but the things you are requesting from the builder will likely not get done unless they’ve been signed off on. Realtors understand that verbal conversations aren’t binding and will keep a running list of all line items to ensure they are included and discussed during closing.
Your Realtor will handle the entire closing process
You haven’t closed on your house once you’ve signed a contract. After this step comes to a determination of financing options, working with title companies, and attending numerous inspections as the house gets completed. A Realtor will hold your hand throughout the entire process to ensure you have all the options and information you need, and that there is no construction deadline being missed.
Newly constructed homes are in high demand in Southwest Florida. The Naples housing market has never been better, and builders are eager to deliver. If you’re looking at new construction in Naples or Collier County, you don’t have to do it alone! Letting builders know you’re working with a Realtor will let them know you have experience on your side. Contact Dante Disabato to assist you with your new construction project. He will fight to make sure you get the home you’ve always dreamed of at the right price.
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