What role does an agent play in a new build?

When considering building a new home- either in a planned development or with a custom builder- buyers can overlook the role of a real estate agent and simply focus on the construction. Where developments or master-planned communities have a sales center to guide you through the building process, an agent can be a valuable asset to you as a you navigate the process from lot selection to closing. Here are a few ways an agent works with the buyer in new build/construction:

Agent Representation:

Property Identification: Real estate agents assist clients in identifying suitable land or properties for new construction projects. They consider factors such as location, zoning regulations, and proximity to amenities.
Market Analysis: Agents conduct market analysis to help clients understand the current real estate trends, property values, and potential returns on investment for new construction projects.
Negotiation: Real estate agents negotiate with sellers, developers, and other parties involved in the transaction to secure favorable terms for their clients.
Legal Assistance: Agents help navigate the legal aspects of land acquisition, ensuring that all necessary permits and approvals are obtained before construction begins.

Project Management Professional:

Project Planning: Agents involved in construction project management assist in the planning phase, defining project scope, objectives, and timelines. They work closely with architects, engineers, and contractors.
Budgeting and Cost Management: Agents help establish and manage budgets for the construction project, ensuring that costs are controlled, and financial goals are met.
Contractor Selection: They play a key role in selecting and managing contractors and subcontractors, overseeing the bidding process, and ensuring that the chosen parties are qualified and reliable.
Quality Control: Agents monitor the construction process to ensure that the work meets quality standards and complies with design specifications and local building codes.
Communication and Coordination: Effective communication is crucial in construction projects. Agents facilitate communication between various stakeholders, including clients, architects, contractors, and local authorities.
Risk Management: Agents identify potential risks and challenges during the construction process and develop strategies to mitigate them. This includes addressing issues such as delays, budget overruns, and unforeseen complications.

Buyer's Advocate

Advocacy: Whether it's a real estate agent or a project management professional, they act as advocates for their clients, representing their interests throughout the construction process.
Problem Resolution: In the event of issues or conflicts, agents work to resolve disputes and find solutions that align with the client's goals.

Agents in new build/construction play a multifaceted role that encompasses real estate expertise, project management skills, and effective communication. Their goal is to guide clients through the complex process of new construction, ensuring a successful and satisfactory outcome, and ultimately protect their investment.

Our agents not only represent clients in a new build, they’ve been through the building process themselves. Lean on our experience- successes and mistakes- to guide you through your new build. Looking at a development, master planned community, or a lot of land? Let’s chat.