Buying a New Build? Here’s a Checklist With Everything You Need to Know
Imagine living in a home where every detail, from the foundation up, is shaped by your vision alone. New construction gives you the chance to move into a house that is exactly what you want because you get to choose everything, from the builder and lot, right down to the light fixtures and bathroom hardware! It’s exciting to have all these options, but it can also be overwhelming, and it’s important to keep track of the process as you go, making sure everything is coming together in a timely manner. Letting things slip through the cracks or relying solely on your builder to take care of potential problems can be a mistake, sometimes a costly one. With the help of real estate agents who are in the know, we’ve created a new construction checklist that will help you stay on track through every step of your home build.
Take a look at our breakdown of everything you need to know about each step of the new construction process.
Find an agent
If you go to a builder, they may suggest that you use the listing agent that their company works with — but remember that the builder’s agent is looking out for their best interests, not yours. Having your own agent who is experienced in the new construction process can make a big difference, especially when you’re trying to stay on top of an ongoing build.
Research agents in your area
Do some online research on agents in your area, focusing on those who have experience in new construction.
Take a look at variables like customer reviews, star ratings, how many homes they’ve closed on, and what kind of expertise and special achievements or awards they may have earned.
Interview potential agents
Once you narrow down your choices, interview your potential agent. You can ask questions like:
- How many new construction homes have they closed for buyers?
- What is their general availability — can you call them anytime?
- What relationships do they have with top builders in your area?
- How do they keep track of a new build timeline?
- How do they plan to negotiate with builders if there are any problems?
- What are some typical problems they’ve encountered?
In addition to hiring an agent who is experienced and knowledgeable, make sure they are someone you can work with for a long period of time. New homes can take months to complete, so your relationship with your agent is going to stretch beyond the standard 30-day transaction of an existing home.