Developers redoing blocks of old buildings on downtown Dallas’ far east side are upping their game with new construction. A year ago, Todd Interests started work on its East Quarter redevelopment -.
New construction accounts for about 11% of all home sales. New construction is a significant portion of the real estate market. Less than 1% of agents sell new construction. New construction is an under served market. Over 70% of buyers are open to buying new construction. Buyers want new homes. Bottom line.
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Always Use a REALTOR to Purchase New Construction. A builder’s sales representative is there to sell you on all the good points of the neighborhood but your REALTOR will look out for your best interest when it comes to researching important points such as flood plains, property tax variances, potential for commercial construction in your "back.
The Process of Buying a New Construction Home. Buying a new home, can seem like an easy task, right? 1. You walk into the builder’s office. 2. Choose a model. 3. Sign the contract. 4. Choose your options. 5. Sign another contract. 6. Work with the lender. 7. Walk through your home before closing. 8. Close. It’s easy, right? Not really.
Depending on your market and your selling style, selling new construction can either be a side niche or your fulltime specialty. It’s exciting for a buyer to be the first to live in a home, but selling those new homes is a different experience from existing homes. Whether you’re learning to sell model or spec homes, answering questions from buyers about upgrades, or calming down a.