KathyMM Mendham - Meathrel London Real Estate KathyMM Mendham - Meathrel free market evaluation Reality Executives london homes
7-515 Wellington Rd S. London,N6C 4R3
Home

About

Ask KathyMM

Testimonials

Real Estate Articles

London Market Report

London Price Detail

NEW MLS Listings

MLS Search

Mortgage Qualifier

Land Transfer Tax

Email KathyMM

Using Your Own Real Estate Agent to
Purchase a New Build Home.
By Kathy Mendham - Meathrel

Recently I had clients who after many home viewings were unable to find anything that fit there desires for their next home. So I suggested to my client that we should consider expanding our search to include new home builds.

They were surprised to hear this advice, since they, like many other buyers incorrectly believed that they could not use my services if they purchased a new build. This is a common misconception since in fact you can and should use the real estate agent of your choice when you are considering any move including a new home build.

If you have ever attended a model home open house the person running it is not always a licensed real estate professional, it can be anybody hired by the builder to sell their houses. It is not well known but you do not need to use this individual to get your home built. Although once you’ve attended an open house and recorded your name in the ‘guest book’ you are usually stuck with who ever the builder has provided.

The advantages of choosing your own Real Estate Agent are numerous, some of which are listed below:

  • Your Real Estate Agent is working for you and not the builder.
  • There are no additional costs for using your own Real Estate Agent.
  • Private showings of most model homes can be arranged to meet your schedule.
  • One contact person to deal with all of the various builders in a development.
  • New house price is typically set, however the cost of upgrades can sometimes be negotiated.
  • Independent advice on terms & conditions of purchase before you signed and before your spend money on a lawyer.

I hope this article was of help to you, if you have any questions about it or any London Ontario real estate question please feel free to contact me.


Kathy

Back to Real Estate Class - Main Article Page