4 Valuable Tips To Find A Great Presale Realtor
Do you need some tips for finding the right presale realtor for you?
These 4 tips to find a Great Presale Realtor in any market.
By working with a real estate agent this will set you up for the best new construction purchase process. However not all real estate agents are up to the task. Here are a few questions on what you should ask an agent before you agree to work together on your new home purchase.
Tip #1: Inquire About Realtor's Presale Experience
When purchasing a new construction, it is slightly different than when you purchase an existing home.
Because of this, you will need someone who has handled this specific type of sale.
The builder’s agent usually has a pre-made contract drawn up, but that contract will probably favor the builder. Your real estate agent should know which flags to watch for.
They need to be confident in negotiating on your behalf. This can only come through experience. The developers know certain local real estate agents and recognize their efforts in assisting buyers, agents like Ravi Bhindi with iPreSales can assist you.
From an investment perspective, selling a contract for a pre-construction unit can be very lucrative. In British Columbia, the government created a database to track pre-construction condo flipping.
Tip #2: Ask About Presale Problems They’ve Solved
When purchasing a new construction, it is slightly different than when you purchase an existing home.
Because of this, you will need someone who has handled this specific type of sale.
The builder’s agent usually has a pre-made contract drawn up, but that contract will probably favor the builder. Your real estate agent should know which flags to watch for.
They need to be confident in negotiating on your behalf. This can only come through experience. The developers know certain local real estate agents and recognize their efforts in assisting buyers, agents like Ravi Bhindi with iPreSales can assist you.
Tip #3: Ask About Their Developer Network
The chances are you’ve got a few major players in your local real estate development game. By having an experienced agent or broker, they will have knowledge of each developer. They should be able to give you their general impressions. Perhaps ask a follow up questions to this
– Is there one builder that is easier to work with than another?
Ask their thoughts about timeliness, quality, and professionalism.
You could also ask about a builder’s stated policies, such as deposits and cancellations.
The agent should be able to explain these policies to you and help you compare the terms.
Tip #4: Don't Forget the Details
It would be quite beneficial as well to inquiry with your agent regarding the financing, contracts, and materials.
Most of the time builders will request multiple payments throughout a project. Will this be fair for your situation?
What is the obligation if you’re not obtaining financing on time?
Ask your agent about the probability of defining certain material standards in the contract. Such as, do you need double pane windows?
Hire A Realtor That Speicializes In Presales
Whether you’re looking for a condo pre-construction or resale, it’s always best to work with a real estate agent that is experienced in the Greater Vancouver Market.
By working with an agent who has experience in both pre-construction and resale condos, you can rest assured that you’ll get all the information you need to make an informed decision about your next purchase.
For more information on condo developments in Surrey, contact the team at Ipresalecondos.
Ipresale Condos is not just an agency that sells real estate, but our agents believe in educating each client deal with their own professional situation. Please call or text at 604-825-8881 or email at info@ipresalecondos.com
