View Single Post
  #2   Report Post  
Posted to misc.consumers.house
Todd H.
 
Posts: n/a
Default buying new home ...need help

writes:

buying new home ...need help

My sister is thinking of buying a home in the Bay Area, California.

The developer is building 3 new houses. He is not a known builder.


should she have a real estate agent represent her ?


Sounds like it with all these questions.

And what's more, at least in IL, when dealing in new construction,
price are fixed. You won't pay a dime more if you use an agent to
deal with these folks (though of course they'd love for you not
to--saves them the 2.5% or whatever), so you may as well have someone
who knows the area and the gotchas who might ostensibly be on your
side vs throwing yourselves entirely to the wolves dealing directly
with the builder.

Normally when one buys from a well known developer one does not need a
RE agent to represent oneself but in this case....the developer
appears to be a mom and pop type....so what to do ?


Without history, you've got some risk to manage. Sounds like a real
estate pro would bring you some peace of mind, and if CA is like IL in
this regard dealing with new construction developers, it's likely that
you won't pay a higher price to have a real estate agent on your
side.

--
Todd H.
http://www.toddh.net/