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Well it depends on your motivation, you may not need an agent. 

If you’re looking for a better deal, you can negotiate the commission into your pocket in the form of a price reduction, right?  Well No, you can’t.  In Colorado, all major builders are members of the BRC (Builder Realty Council) and part of this agreement is that builders will market their properties to consumers at the same price, regardless of whether you are represented by an agent.  If you don’t have an agent, the money flows to their bottom line.  Remember, a builder will not sell a home to you for less than what they have sold homes to others in the neighborhood.  They would have a revolt on their hands.  All the other new homeowner’s would be placing signs in their yards and screaming about the builder screwing them!

Bottom line:  Whatever deal you can get on your own, the same deal can be had while being represented.  In fact, a knowlegeable agent can probably get you a better deal, since they will have a better idea of how the builder is doing in the market place at any given time.

The builder has an on-site sales person to take care of me.  Yes, there is an on-site person, but their job is not to take care of you, it is to get you to buy a home, at the highest possible price, with as many options as possible.  The on-site person works directly for the builder, and is responsible to the builder, NOT YOU!

Bottom line: Having someone on your side is a huge plus!  Your agent can advise you to picking a lot, or not picking one that the builder needs to move because no one else wants it.  They can also help with options and upgrades.  Many of these options will cost a ton of $$$$ and add very little value to the home.  Wouldn’t it be nice to make an informed decision when choosing your upgrades?

One thing to remember.  On your first visit to a community, you need to have your broker/agent present, or at a minimum hand their card to the on-site person.  Without this, the Builder may not honor your decision to have representation (they actually will allow you to represented, they just won’t pay for it.)  If you are thinking about buying a new build, contact us first.  We have first hand knowledge of all the local builders and will be happy to discuss the pros and cons of each. 

So, it doesn’t cost anything to be represented, you will get the same deal, if not better, and you will get an objective opinion about lot location, upgrades, etc….I retract my opening statement.  There is NEVER a reason to buy direct from the builder without an agent on your side.

We can provide you information on any local builder, simply contact us!

I was showing homes today, and go into a very nice looking property, brand new construction, custom built, and a pretty fabulous home.  Priced at over $700k, you would expect it to be pretty impressive.  It had 4 bedrooms, 5 baths, 5000+ finished sq. ft., 12 foot ceilings, on the main floor, and 10 ft. ceilings in the finished basement (yes, we have basements here in Colorado)  Great looking finishes, slab granite counters throughout, great, big, solid wood doors, designer features everywhere, etc…

However, while down in the basement it was very apparant the floor was no where near level.  It was a roller-coaster ride, first up, then back down, then back up, you get the picture. 

The buyer and I had a good laugh at how (more…)

Check out this article published in the Rocky Mountain News,

http://rockymountainnews.com/news/2008/feb/06/new-home-market-anemic/

Basically, it says New Home Sales have hit bottom, and are on the rebound. Unemployment is low, and significantly better than the rest of the country. We hav (more…)

News is spreading and everyone is starting to jump on the bandwagon. As reported today,

“While the new home industry wrapped up 2007 on a weak note, there are indications that the bottom of this housing cycle may occur in the next few months,” said Mike Inselmann, president of Houston-based Metrostudy, a national housing tracking and consulting company.
“Builders are steadily whittling down excess inventories, interest rates have recently declined again to near-historic lows, and there is sentiment that housing prices will stabilize by mid-year,” he added in a statement.
“Home prices in many markets are as low today as they are likely to be for the next decade,” he said. “And with the low interest rates and low prices, housing affordability is improving in many areas of the country.”
Despite the lengthy housing correction, job growth continues to illustrate the underlying strength of the local economy, said John Covert, director of Metrostudy’s Denver division.
According to the Colorado Department of Labor & Employment, the Denver-Aurora-Boulder MSA added 22,000 jobs during 2007, for an annual growth rate of 1.7 percent.
“Job growth is expected to be about 1.5 percent, which would mean 20,000 new jobs,” Covert said in a statement. “This will help the housing market absorb the high levels of existing home and new home inventories.”
Denver’s unemployment rate remained low at 3.9 percent in December, compared to 4 percent the previous year and (more…)