Thinking of buying a home under construction in Vancouver?

Posted by Liliana Sorescu on Tuesday, July 22nd, 2014 at 7:33pm.

New subdivisions are popping up all over Vancouver, and builders have their own agents available to help buyers make their choices between lots, floor plans, materials, appliances, and more.
 
But helping buyers isn't their primary function. Their primary function is to sell you on the home – at the highest price and with the best terms for the builder.
 
And that's why you should never visit a model home or talk with a builder's representative without your own agent. Even if you aren't sure this is the location for you, or aren't sure new construction is the right choice for you, take your agent.
 
If you register at a new subdivision site without your agent, you won't be able to bring him or her on board later, when it's time to negotiate. You'll have no representation at all. There will be no one to help you make good financial decisions or to protect you from over-paying for "upgrades."
 
So go first with your agent. Register that agent's name along with your own, so there is no question about you having representation should you decide to purchase one of their new homes. You can go back later to look around on your own, if you wish.  
 
Should you decide to go ahead with the purchase, have your own agent write the offer, making sure the terms are acceptable and favorable to you.
 
Buying a brand new home is exciting, but it can be far too expensive if you go ahead without representation.
 
When you're ready to check out those new subdivisions, call me. I have literature and floor plans for many of the new subdivisions that I'd be happy to share with you. And of course, I'll be happy to go with you to see them in person.
 

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