Thinking of buying? Now is the time!

With prices continuing to rise month over month, interest rates staying at historic lows, and inventory dropping faster than we can keep up with, it is becoming quite clear that we are well out of the “buyers market” and the ailing real estate market which caused the recession. Whether you are wanting to buy a home for you and your family before they get too expensive, or you are looking to take advantage of the market by parking/investing in real estate, you are choosing the right time to do so. There is still plenty of stuff out there and it is very likely you will see a great return on your home/investment in just the next few years. If you are interested in exploring the opportunities currently out there, or just have any questions about real estate in general, please feel free to call or email with your questions and I will do everything I can to assist you.

 

http://www.dfwrealestate.com/news/homeownership-s-impact-net-worth

http://www.dfwrealestate.com/news/forecast-dallas-fort-worth-home-prices-are-heading-higher

http://www.dfwrealestate.com/news/dallas-fort-worth-home-starts-hit-highest-level-7-years

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Check out my NEW Blog about the new construction market!

ITS HERE!! DFWHOMEBUILDERS.WORDPRESS.COM <—- CHECK IT OUT!

Now that I am going my separate way in real estate, and creating my own team in which I can CHOOSE what I want to focus on, I have decided to take my experience in the new construction world and put it to use as one of the main niches I plan on focusing on as a licensed Realtor in the State of Texas! I don’t think there are too many Realtor’s that focus on new construction/working with builder’s, even though about 10% of buyer’s go with new construction, and I am sure an even larger amount would really consider going with a brand new home.

I know I would probably like to purchase a new home if I had the choice between an old, lived-in, out-of-date home, and the brand new, state-of-the-art home, with all the newest styles and technologies. Just the great energy efficiency ( and the money it will save me over the years) on it own is enough to sell me on going with a new home. Then when you add in the fact that you get to choose the floor plan, and then pick out all the colors and finish out from the design center.

With preexisting homes, you have to tour dozens to find something that fits all of your needs, and has your favorite design aesthetics. Most of the time you have clients who purchase an older home, and the first thing they do is completely remodel it, or at the very least paint all the walls a different color. To me, if a buyer is going to be doing all of that regardless of what home they buy, why not save them the trouble and show them all the new construction options.

A great part of living in Texas is that we have land, A LOT OF LAND. In a lot of places in the country, and the world, there is not any space left, and you HAVE to buy something preexisting, so doing that and then remodeling makes sense. But if you can do everything you want from the start it will be much easier, it will cost less, and you don’t have to live in a construction zone! I know some people prefer the project of remodeling a home, and they want to buy an old home because of the location, these are two times when it’s perfectly okay to buy something and immediately turn it into a construction zone. Honestly though, the majority of buyers I talk to would prefer starting from scratch, getting the newest and the best technologies built-in to their homes, picking out the floor plan that fits their families needs best, and creating a home that fits their personal tastes/styles. I believe more people would purchase new if they knew about the communities, or if they knew about the builders.

The reason why more people do not go with new construction from a builder is simple: the majority of people purchasing homes use a buyers agent to assist with finding, and purchasing a home. Unfortunately, a large percentage of buyers agents will do whatever they can to avoid taking their buyer into a model home. The agents are afraid of losing their client during the builders sales pitch, they are scared they may go write a contract without them. Also, a lot of agents are control freaks, and they fill that going into a sales center and dealing with salesmen is going to cause them to lose control over their client. And I think the biggest, and final, reason as to why agents don’t bring their buyers to new communities to check out the local builder comes down to one thing: the agents ego, selfishness, and greed. When their client decides to build a new home, it takes at LEAST 6 months for that home to be built and closed, which means the agent gets paid at LEAST 6 months later than they would like to get paid. Unfortunately, there are a lot of agents out there who think this way, and they unfortunately give all the good, well-intentioned Realtors out there a bad rap.

The Realtors who ALWAYS put their clients first, those who put their clients needs above their own needs, these are the types of Realtors people should search for when starting the process. There are a lot of good Realtors out there who follow our code of ethics, those who take the fiduciary duty between themselves and their clients, very seriously. I consider myself one of those agents who takes their duty to the client extremely important, if I am not always doing what is in the best interest of my clients, then I can not expect repeat business and referrals.

For anyone out there who is interested in the new construction market, if you would like to check out all the newest communities, and builder trends, then I recommend keeping an eye on this new blog: dfwhomebuilders.wordpress.com ! Now that I am no longer locked into a position where I had no control over my career, I plan on putting a ton of effort into bringing the new construction market, and all the great builders in the metroplex, to as many buyer’s and future buyer’s as possible. I then want to bring all the buyer’s that I can, over to the builders, so that the new construction industry can maybe start getting its rightful share of the real estate business in the DFW area! Not enough agents (if any agents) have really made it their mission to serve the new construction niche like I have. Starting NOW, in August of 2013, I am going to represent all the builders of the metroplex as best I can, and I hope I can forge alliances with all the builders that will not only benefit them, but benefit all the buyer’s out there as well!

And remember, if you want any inside information about what is going on with all the local builders, and the new constuction market? You gotta check out this blog: dfwhomebuilders.wordpress.com !!! I hope to see everyone on the new blog!

Take Care!

Stephen Sandlin