3 things agents should know about new construction buyers
Real Estate News
MARCH 1, 2024
A Realtor.com survey of new home buyers reveals who is buying and what they want from real estate agents — their advocates in the purchase process.
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Real Estate News
MARCH 1, 2024
A Realtor.com survey of new home buyers reveals who is buying and what they want from real estate agents — their advocates in the purchase process.
Keeping Current Matters
AUGUST 9, 2023
Buying a new construction home can be an exciting experience.
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Inman
SEPTEMBER 5, 2023
Unlock new opportunities in a low inventory market when you dig into the new construction segment of the residential market.
Inman
JULY 11, 2023
Dash, which aims to improve how real estate agents access information about new construction projects, has released a beta test of its software in Miami, the company announced last week.
Keeping Current Matters
FEBRUARY 5, 2024
Finding the right home is one of the biggest challenges for potential buyers today.
RIS Media
AUGUST 15, 2023
In pursuing their dream home, many homebuyers choose between purchasing an existing property or building a new construction home from scratch. Those considering new construction will often look at the houses that are the cheapest to build.…
Keeping Current Matters
DECEMBER 8, 2021
Let’s compare the benefits of a newly built home versus moving into an existing one, and why working with a real estate agent throughout the process is mission-critical to your success no matter what you decide. First, let’s look at the benefits of purchasing a newly constructed home. With a brand-new home, you’ll be able to: 1.
Housing Wire
FEBRUARY 1, 2023
Michigan-based lender United Wholesale Mortgage (UWM) has introduced a construction-to-permanent loan that covers the cost of building a home and then converts to a permanent mortgage once construction is complete. It is available for investment, primary and second home purchases as well as rate/term refinances.
Maximum Exposure Real Estate
JANUARY 7, 2023
Having a Realtor For New Construction is Smart! Do I need a real estate agent when buying a new home? The pros of using a Realtor for new construction far outweigh the cons. The post Do You Need a Real Estate Agent Buying New Construction? Inquiring minds want to know.
Inman
AUGUST 2, 2023
New construction listings on Zillow will now automatically be syndicated to Redfin. The companies believe the partnership will extend the reach of the homebuilders' listings while aiding consumers.
Realtor.com
NOVEMBER 17, 2022
Compare that with a preexisting home’s median price of $396,300 , and it’s clear that buying brand-new might set you back tens of thousands of dollars extra. But homebuyers should also know that they can lower the costs of new construction right when they make the purchase through some smart negotiation tactics.
RIS Media
MAY 17, 2023
1 issue in many regions and prices largely remaining resilient, homebuilders appear poised to add some much needed new homes to the market, with data showing another uptick in housing starts last month. With inventory back to being the No.
Realty Biz
AUGUST 5, 2023
Buying a new construction home has its pros and cons. As the first owner, you'll enjoy the peace of mind of owning a brand-new property. New homes often require fewer repairs and updates since everything is up to date-and in good condition. Different types of new homes can be less expensive.
Realtor.com
JANUARY 2, 2023
Getty Images Many first-time homebuyers might shy away from the prospect of buying a brand-new home, assuming: It will cost too much. While purchasing new construction is indeed different from purchasing previously owned property, many misconceptions abound about new builds. New construction homes are more expensive.
RIS Media
AUGUST 2, 2021
If you’ve spent any time watching the real estate market this year or working in the field, you know we’re navigating one of the hottest seller’s markets on the books, and new construction has been an ongoing challenge. For listing agents, these rising home costs are good news. Will the result take immediate effect?
Housing Wire
JANUARY 23, 2024
Real estate agents need to brace themselves for a shift as we witness a market more reminiscent of previous pandemic years. The second avenue for expanding inventory is new construction. Real estate agents should keep an eye on new developments and leverage these opportunities to meet the evolving needs of their clients.
Housing Wire
FEBRUARY 8, 2024
As a real estate agent, you may think clients should care more about their next home than your life story. And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients. So let your personality shine.
Realty Biz
APRIL 12, 2023
Buying a new construction home involves a different process than buying an existing home, and some people wonder if they need a real estate agent at all to buy one. Negotiating power You may think the sticker price on the home is the bottom line when you buy a new construction property, but that is not always the case.
Real Trends
MARCH 29, 2023
Here are a few trends and predictions I see happening with new construction buyers: Don’t expect massive price drops Here’s the reality: We will not see the massive price drop that occurred between 2008 and 2011. In terms of inventory, new homes make up a small portion of available homes — approximately 10%.
Realty Biz
MARCH 29, 2021
When purchasing a brand new construction home, they are often covered by a warranty for about the first one or two years of ownership. It is not uncommon to see some new housing developments advertise that they offer a builder’s warranty. What is Covered in a New Construction Warranty?
Coldwell Banker
AUGUST 3, 2020
Even in the midst of the pandemic, Coldwell Banker agents continue to pivot and […]. The post New Construction and Developments Heat Up in South Florida appeared first on Coldwell Banker Blue Matter.
Realtor.com
OCTOBER 15, 2020
fstop123/Getty Images Few things are as exciting as purchasing a newly constructed home. However, just because a house is new doesn’t mean it’s free of flaws. There are a lot of factors that could make a brand-new home a less than ideal purchase. Do the materials and style of construction match the neighborhood?”
The Residential Specialist
FEBRUARY 27, 2024
New home construction can be a profitable niche for real estate professionals who are willing to dedicate the time and effort By Myrna Traylor Most residential real estate professionals enter the real estate field with an eye on the largest market—resales of existing homes. New construction is always seen as much more expensive.
Realtor.com
OCTOBER 17, 2021
Do you need a Realtor for new construction? Good question: Here's everything you should know about using a Realtor for new construction. The post Do You Need a Realtor for New Construction? Here’s Everything to Know appeared first on Real Estate News & Insights | realtor.com®.
Housing Wire
NOVEMBER 28, 2023
The team specializes in buyer and seller representation as well as new construction. Compass launched operations in Wisconsin in 2021 and currently operates eight offices with 175 real estate agents. In 2022, the Husky Homes team closed 121 transactions and more than $48.4 million in sales volume. It even ranked No.
Redfin
JUNE 13, 2022
Come prepared with a new construction walkthrough checklist and you’ll know exactly what to look for ahead of time. You might hear a new construction walkthrough called a “blue tape walkthrough.” Blue tape walkthroughs only apply to new construction homes. ” Why?
Housing Wire
OCTOBER 3, 2023
1 brokerage by transaction side count announced the launch of eXp Exclusives , which will be open to eXp agents and their clients in the U.S. Through eXp Exclusives, participants will be able to share off-market and pre-market listings with other eXp agents and their clients through a mobile app. On Tuesday, the nation’s No.
American Lifestyle
APRIL 2, 2021
The post Looking for New Construction? Here’s What to Keep in Mind appeared first on American Lifestyle Magazine.
Realtor.com
JUNE 24, 2021
Nicole and Pat, however, were able to buy their house for just over half that sum by choosing new construction. The Krouses’ new-construction home in South Austin, TX Nicole Krouse. We ended up touring three or four other new constructions in different areas of town, just to do some due diligence.
American Lifestyle
SEPTEMBER 25, 2020
The post Buying a New Construction Home appeared first on American Lifestyle Magazine.
HomeLight
MAY 23, 2022
The latest signs say we’re due for a surge in new construction as governments big and small look to balance the nation’s housing supply. This week on The Walkthrough , agent Danielle Seifert says now’s the time to consider making new construction a priority in your real estate business.
Housing Wire
JULY 26, 2023
“The market for new homes is booming because the number of existing homes coming on the market has slowed to a two-decade low. It’s a unique housing market, unparalleled in recent years, for the active inventory to be so heavily skewed towards new construction. from a month prior, but down 3.6% compared to June 2022.
Realtor.com
NOVEMBER 7, 2022
The only way buyers will know if this incentive exists is if they or their real estate agent asks for it. The Secret to Getting a Deal on a New-Construction Home appeared first on Real Estate News & Insights | realtor.com®. .” While many incentives are widely advertised, others are not and are discretionary.
RIS Media
JUNE 7, 2023
With low housing inventory, home construction has been ramping up to fill in the gaps in some places. But, what cities have been leading the charge on development?
Inman
SEPTEMBER 15, 2023
1 Engel & Völkers Americas agent tells Inman how real estate professionals can build top businesses by targeting a niche. The former No.
Housing Wire
DECEMBER 3, 2020
I’ve talked to an agent and they’re like ‘Oh yeah, I had this coming soon and I already had an offer on it.’ Barbara Dopp, a Realtor with Keller Williams, Agents with a Smile , said that a homeowner who built a house in 2017 for $600,000 recently put it back on the market starting at $900,000. “We We had offers up to $1.2
Redfin
AUGUST 25, 2020
Meanwhile, the supply of new-construction homes for sale slid 28.4%, representing the largest drop since at least 2013, when Redfin began recording this data. As a result, sales of new homes are growing faster than sales of existing homes. Sales of newly-built homes climbed 10.1%
Housing Wire
AUGUST 18, 2023
New construction in the area that competes with your potential listing Remember when builders provide in-house financing, they often can sell a more expensive home for the same payment as your resale. Know what’s going on with the new construction! This will help you become more confident in your pricing strategy.
Housing Wire
DECEMBER 6, 2021
Instead, the Michigan-based eXp agent created her Facebook business page shortly after passing her licensing exam in 2011 and named it “Gogo’s Real Estate.”. “I I told everyone ‘Hey, I’m a brand new agent and I’m learning this as I go and I’m going to take you guys on the ride to see what it takes to be a Realtor.’
Inman
OCTOBER 23, 2023
While existing home sales are increasingly in the news, new construction is proving to be an attractive and increasingly important segment for agents. Today’s housing market is unlike any in decades.
Housing Wire
FEBRUARY 13, 2024
Century 21 Regency Realty agent Cheryl Piccinini has lived and traveled all over the world, but there is no place she would rather be than Alabama. “No No matter what you want, you can find it here,” the Enterprise, Alabama-based agent said. New construction is backed up,” she said. You can find the city, the country.
Housing Wire
NOVEMBER 3, 2023
With the seamless integration of the homegenius Platform, consumers can: Connect with experienced real estate agents. titlegenius by Radian, provided by Radian Settlement Services, allows homebuyers and sellers to easily manage their title transaction and closing online and receive real-time updates from their agent for a cohesive experience.
Inman
OCTOBER 10, 2023
Master the new construction niche, and grow your business by building relationships with builders and developers in your market.
Housing Wire
NOVEMBER 7, 2023
Though this seems like a whole new stress-inducing worry for many real estate agents , the fact is that commissions have never been a set amount, just an expectation or a tradition in many markets. One of the top concerns for homebuyers as well as agents right now is the historic lack of inventory. Find them their dream home.
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