If you are thinking about buying a new construction home, you’ve come to the right place. We, at the Cal Agents Realty, are specialized in new home sales and are veterans in helping home buyers negotiating the best deals possible from the developers, even in the hottest seller’s market.
NEW HOME BENEFITS
The Cal Agents Advantages
New homes are great but they come with their own drawbacks:
- Home buyers sitting in a sales office often feel helpless in negotiation. It’s one-against-many afterall.
- When home buyers have no agent present, sales office often uses high pressure tactics to make buyers sign documents they don’t understand.
- Developers takes advantage of information asymmetry to lead buyers purchase overpriced upgrades.
These situations are where having your own agent makes a huge difference.
BEFORE YOU GO
In order to take advantage of the Cal Agents' offering, you have to register the Cal Agents as you agent when you walk into the sales office the FIRST TIME. Otherwise, we the sales office will bully you to accept that they are representing you and there is nothing we can do after that.
New Development FAQ
The process of buying new homes is a bit different from buying existing homes.
Do I pay commission to bring a Realtor?
No. Realtor commission is always paid by the seller/developer. Bringing us in to represent you will not cost you additional. More importantly, you won’t save money by NOT having us either. Why? Because you are a consumer in their office, it’s like defending your case without legal counsel in court – you are at disadvantage.
How is the new construction buying process different from existing homes?
California Professional Codes regulate new homes sales as well as existing home sales. New home developers are required to disclose more information about the site rather than the history of specific home (because it doesn’t exist). If the home you are buying is yet to be built, builders normally have 1 year from the execution of the contract to build and deliver the home to you. 2-3 months before delivery of the home, you usually get to choose the finish material such as tiles, flooring, cabinet and countertop styles. Whereas in the case of existing home, what you see is what you get. Existing home sellers don’t modify their homes to fit a buyer’s taste.
Are builder upgrades worth the money?
It really depends which upgrades. Part of our value is to help new home buyers decipher which upgrades are worth the money, which ones are overpriced and what the cost of adding them after-market is.
Do I have to use the builder's preferred lender?
No. You don’t, but it’s recommended. Because of economy of scale, the preferred lenders usually offer $1000 to $5000 credit towards the buyers closing cost, such as title insurance, escrow fees, loan processing fees etc. This offer is hardly matched by outside lenders.
Where can I find new construction projects?
The Cal Agents have a dedicated research team to gather the latest new homes on market. Start searching at the map below or check them out here.
START SEARCHING TODAY
The Cal Agents have a dedicated research team to gather the latest new home information in one place for you, so you can stop searching on other national portals cluttered with existing home listings.