Jan. 24, 2009 - Why Not Just Work with The Agent At The Model Homes?

The agents at the builders site are just that the agent for the builders.  While these agents are required to have a real estate license they are not Realtors®.  The are not part of the The National Association of Realtors® nor are they held to the standards a Realtor® is held to.

   I am not saying that these agents are not ethical, I am sure they are.  But they have the builders interest first and foremost in their mind.  It is the builder that signs their paychecks. 

  Now a Realtor® representing you can usually do nothing about the price at least not in Las Vegas.  They can however negotiate options and know what incentives are available at this particular site.  ( We get email from the builders daily letting us know of their incentives.)

  They can also help the process go smooth for you the buyer, watching your back all the way.

   My advice to buyers when going to new home sites always take your Realtor® with you.

Jan. 26, 2009 - RE: Why Not Just Work with The Agent At The Model Homes?

This is an interesting post.  I guess it varies per state, but I know locally that all of the agents representing builders are Realtors and members of NAR.  But I do agree that they work for the builder first and formost.  So it is always a good idea to bring your own representation with you.  Or at least be aware that you are representing yourself in the transaction. 

Jan. 26, 2009 - RE: Why Not Just Work with The Agent At The Model Homes?

Thanks for you response Jennifer, sounds like your rules in your state are a little different.  I wrote this post so that people will be aware and hopfully take representation with them to the new home sites.  Or by this post know that they are really on their own.

Feb. 9, 2009 - RE: Why Not Just Work with The Agent At The Model Homes?

It is amazing how many buyers do not feel they need representation when buying a new home.  It doesn't make any sense.  As long as I have been in Atlanta real estate, this is the biggest trend I see, but it is also the biggest trend I see for buying wrong, over paying,a nd not getting the best deal.  Representation is everhthing.

Feb. 9, 2009 - RE: Why Not Just Work with The Agent At The Model Homes?

You are right Jim, when I am out previewing new home communities and see families and young people come in with no representation I feel sorry for them because they will never get the best deal possible.  Once they walk through the door without me it is too late.  I wonder if people realize that?