subject: National New Home Expert [print this page] Top National New Home Expert Who Worked For New Homebuilders Exposes The Hard Truth About Brand new construction homes orlando fl And How To Stay Protected When Purchasing One.
During my 10 year tenure working for 3 national new homebuilders it was my honor to serve hundreds in achieving their new home dream. And, I do still believe in the dream of owning a new home. It should still be one of the most special times in a persons life, be it their first, second or retirement home. But, sadly, toward the end of my career, I had to witness several very disturbing events. I feel compelled to share this information in hopes of saving consumers money, time and strife. Ive never been fired, Im not a disgruntled former employee venting, just an honest new home expert with integrity, and very valuable inside information that will hopefully help many people save money and have the wonderful new home experience they deserve.
The Truth About new homes Orlando fl
Its a very uneven playing field from the first second you begin your search.
First, many unqualified real estate agents who know very little about new homes are chasing higher pay instead of their customers dreams, resulting in innocent buyers not getting what is really in their buyer best-interests. Tragically, Ive seen buyers overpay by tens of thousands, and the real estate agent whos supposed to be representing and protecting them, receive higher commissions all at the expense of their customer. What most people dont know, is that builders pay real estate commissions from a marketing budget. Although it doesnt affect the price of the home, a customary amount is around 3%. Ive seen it as high as 10% on a $300,000 home. Thats $21,000 going into the real estate agents pocket that should be the buyers equity. Its just not right. There are even underground publications that market these exorbitant commissions to attract these kinds of agents.
Ive also seen educated consumers, even second and third time buyers, leave thousands of dollars on the sellers side of the table, simply because they didnt understand how the new home purchase process really works behind closed doors. The saddest stories are the retirees who are on a fixed budget, and will never be able to recoup the lost money. With all the information available today, consumers are using the wrong tools. Many seller website home value estimates have been proven to be off by up to 50%. Theyre full of advertisers, and marketing gimmicks crafted to capture advertising leads and make money. There are great government property websites that offer accurate tax and property value information, but buyers either dont know about them, or are not using them.
Now, perhaps the saddest part of all. First, there are still a few homebuilders out there who have integrity. Of course they still want to profit, but not always at any expense, and not at the expense of innocent consumers either overpaying, or not receiving all the incentives that they should. But, more toward the end of my career, and the reason that I was compelled to write this, is because many homebuilders became desperate to squeeze buyers for more and more money, and began to take advantage in a very unfair way. And, its a lot easier than you think for them. Regardless of your education level, or socioeconomic status, I promise you, there are several inside practices going on behind the scenes with homebuilders that affect both the price you pay, the incentives you receive, and the overall new home purchase experience youll receive, it will blow you away, and be discussed later. Theyve literally invested billions in the new home purchase process to make it complex, confusing and their own. Their on-site agents are top pros, highly-trained and highly-motivated to close the sale as quickly as possible. Many make over $300,000 per year. Also, builders pay top national trainers around $50,000 per week to come in and teach a sales team of 10 or 20 how to close the sale quickly and painlessly. This is ongoing, every few months, for brush-ups. They are masters of their craft, trained personality profilers, and theyre experts at gaining your trust and skillfully leading you right to the close.
