Buyers Agents For New Construction

With lots of new development in Ottawa, home buyers are buying new construction more than ever. Just because it’s new construction, doesn’t mean you don’t need a real estate agent. You could lose your right to representation by just going to see a house. 

​Sometimes, even by just asking for more information you are signing away your rights to have representation. Even just  to go look, have an agent represent you. Commissions for buyers agents are built into the new build agreements so it’s beneficial to use an agent because it actually doesn’t cost you anything if you decide to put in an offer and firm up a deal. 
 What a buyers agent will do for you

• Negotiating extras: Want upgraded counters or appliances in that new home? Your agent can help you with all those extra perks, amenities, and upgrades.
• Recommending financing: A builder will usually have a lender that it will try to refer you to. Your real estate agent can help make sure that you’re getting the mortgage that works best for your situation. Keeping your options open is never a bad thing. You don’t want the to use their suggested lender unless it’s in your best interest.  A real estate agent can help you assess all possible financing options. 

 

• Asking the right question: If there is an open lot across from the new construction, who bought the land? What will it turn into? What are the chances the zoning will change? These are all answers your real estate agent can get you easily. 

Even with new construction, real estate agents are an essential resource. Just because it’s new construction, doesn’t mean  your best interest are automatically put first. Hire a buyer's agent to make sure that happens!