**Why You Need a REALTOR® When Buying a New Construction Home: Don’t Overpay!**
Purchasing a brand-new home is a dream for many, but it can come with hidden costs that catch buyers off guard. Did you know that in a recent appraisal we conducted, **5 out of 6 buyers overpaid by as much as $30,000** for their new builds? These mistakes could have been avoided with the right guidance, which is why having a REALTOR® by your side is invaluable during the home-buying process, especially for new constructions.
### The Role of a REALTOR® in New Construction Purchases
While many buyers assume they don’t need a REALTOR® when purchasing a new build, this is one of the most important times to have expert representation. Here’s how a knowledgeable REALTOR® can save you money and protect your investment:
#### 1. **Independent Representation**
When you visit a builder’s sales office, their agents are working for the builder—not for you. They are focused on maximizing profits for the builder, not securing the best deal for you. As your REALTOR®, my job is to represent **your** interests, ensuring you get the best price and terms possible.
#### 2. **Expert Market Knowledge**
Before making an offer, I provide a **comparative market analysis** (CMA) to determine if the price of the home reflects the current market value. As we've recently seen, buyers are often paying far more than they should. With my experience in the DFW real estate market, I help ensure you don’t fall into that trap.
#### 3. **Contract Expertise**
Builder contracts can be complex and heavily favor the builder. Having a REALTOR® with experience in new construction can help you navigate these contracts, understand the fine print, and negotiate terms that benefit you.
#### 4. **Inspections & Appraisals**
Even though it’s a new home, problems can still arise. From improper installation to unfinished details, I make sure independent inspections are done thoroughly. Additionally, I ensure the home is appraised accurately, avoiding costly overpayments like the **$30,000** difference we've seen recently.
### Real-Life Example: Avoiding Costly Overpayments
Recently, we had a new build appraised and out of six comparables, five homes were sold for prices **up to $30,000 more** than their appraised value. These buyers were unaware that they were overpaying, simply because they didn’t have a REALTOR® advocating for them. This highlights the importance of having someone in your corner who understands the market and can protect your financial interests.
### Conclusion: Don’t Risk Overpaying for Your Dream Home
Buying a new construction home is a major investment, and it’s crucial to have the right guidance to avoid costly mistakes. With **Indomitable Realty Group**, brokered by Huggins Realty, LLC, you can rest assured that we will negotiate the best deal for you, provide expert advice, and prevent you from overpaying.
If you're considering a new build, contact **Tricia Claiborne** today at **214-382-6562**. Let’s make sure you get the best value for your investment!
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_Indomitable Realty Group, brokered by Huggins Realty, LLC – Serving the Greater DFW Area_
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