Builders Love Unrepresented Home Buyers
Posted by Hank Miller on
As the spring market heats up, home buyers will examine all options. Many will consider new construction, often visiting the projects and
sales reps or calling the information lines. Seemingly innocent inquiries which often result in them being unrepresented by a buyer’s agent if they move forward. Builders love unrepresented home buyers. Not using a buyer's agent when building a home is the single biggest mistake new home buyers make and it will result in problems over the build.
What is Procuring Cause
Every home buyer should work with an experienced buyer’s agent. The buyer agent fee is almost always paid by the seller, there is no reason to be unrepresented.
The National Association of Realtors (NAR) says procuring cause means the agent who…
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“Should I rent my home if it won't sell”? Well, that question has many layers. But that off the cuff declaration by an annoyed seller might be a bit dramatic and premature. For owners unsuccessful at selling, “I’ll rent it” seems to be a knee jerk response. Best to take a step back, breathe, and examine all of the mitigating circumstances that contributed to this situation. For owners, selling a home usually has a significant emotional component; it’s unavoidable. To home buyers, it is just another home. Motivations, objectives, and personal situations are different and before anything rash is done, slow down. Start with figuring out why the home didn't sell.