6 Costly Mistakes When Working With The Builder Directly

1. You may not have adequate protection

Without an agent to look out for your interests, you’re entirely exposed to the whims of the builder. You won’t have anyone to represent you in case of disputes or errors, leaving you liable for any unexpected costs. Remember, the agent works for you and for your needs only!

2. What you may risk paying too much

Without an agent, you’ll miss out on discounts and other incentives that the builder might be offering. An agent can also help you secure better financing options and negotiate a fairer price! Just a reminder, the agent knows what your best interest is and will be able to remind you of price ranges, what the overall costs of the add ons will be, and if it will all remain in your budget comfortably at the end of the day.

3. You may overlook important details

It’s easy to forget small details when dealing with construction projects, but they could end up costing you dearly in the long run. An agent will make sure everything is accounted for and up to code. A new home is an investment, not just a new place to live. With all the new add ons that is being added to your new home, you may wonder what is enough or what is too much. Your agent will be able to share with you what details being added will be worth the same price years down the road so you can possibly get more than what you spent in case there comes a time when you need to sell your home.

4. You may end up making decisions too quickly

Making quick decisions without considering all the available options can lead to rushed work and poor-quality results. A good real estate agent will help ensure you’ve thought through all possible scenarios before signing any contracts. The agents have done this for a while, so they know the processes of each purchase and the time frame. They also know your time frame, so consistent updates and making sure the builders and the purchase is on track is not only in your best interest, but your agent’s interest. By keeping that in mind, you can avoid running into delays to keep costs low and deadlines met.

5. You may not be researching the right builder

When working primarily with a builder for your renovation or construction project, it’s important to take an informed decision. It is essential to ensure that the builder has a good track record for completing projects on time and within budget. A quick online check isn’t enough – speak to recent clients of the builder to get a good understanding of their professionalism and reliability. Your agent, on the other hand, knows the area and connections with a plethora of builders, so they can provide you with a few reliable options, you can save time and put that towards other plans.

6. You do not want to be neglecting legal requirements

Before you sign any contracts or agreements, it is important to understand the legal requirements for your particular project, including permits, building codes, zoning restrictions, and so on. An experienced agent will be able to help you navigate this area and ensure that you are in compliance with all laws.

Working with a builder directly without an agent may seem like an attractive option, but it comes with its own set of risks. Buying a home constructed or not is a very stressful process, but here at Handcrafted Realty, we do not want you to feel alone! We have a plethora of experienced agents who want to support you and your needs, and our agents can connect you to the top builders in Colorado Springs providing you with the home you have been dreaming of! Need more information? No problem! Here is a graph with some more information as to why you should instead work with a builder and an agent! Do not hesitate and contact Handcrafted Realty today to get you connected to one of our caring, knowledgeable agents. Also, check out our builder’s spotlight blogs if you want to get a head start on protentional builders for your next home!