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[quote=Anonymous][quote=Anonymous]“ USE A REALTOR WITH A REBATING PROGRAM! ” Can you elaborate on what this entails? How did you negotiate this? If anyone used an agent in the new construction home buying process they found to be useful, please share info. It seems to me if you start the building process from scratch, it might be helpful to have the guidance of agent who has a lot of experience with new construction. This is not most agents though. If you are buying a spec house, is a buyers agent even needed? [/quote] there are many of them, google your location realtor rebate and whatever qualifiers, highest, new homes, whatever. you will see a handful of them. if you are buying a spec house your house costs X. if the builders pay a fee to your agent, it will still cost you X (they won't negotiate down bc you don't have an agent). with a realtor that rebates you will get some of their fee back in your pocket. again - likely upwards of 35k given house prices here. yes, if you are buying a spec house and there's a buyers agent fee in the builder's contract, you should have one. my rebating agent was totally full service. he prefers not to have the whole agent structure (he's also the broker). i think it's a wash for him in terms of $. he was very experienced and i liked him a lot. [/quote]
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