Blog
New Construction in Bluffton up by 50%
Apr 16, 2015
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While fewer, more expensive homes are being built on Hilton Head, Bluffton has seen a tremendous increase in new construction. Since 2013, the number of new homes has increased over 50 percent, according to a local article in the Hilton Head Monthly. Palmetto Bluff had the most building permits followed by Heritage at New Riverside, Hampton Lake and Shell Hall.
Have you considered building rather than buying an existing home? We can help…
Having a qualified Realtor to represent your interests when having a new home built is essential. Although the builder will do their best to make it seem otherwise, the commission saved will go back into their pocket and not yours.
We will help keep a detailed account of the builder’s actions and make sure that you are getting the most home for the money. The best part is that there is no additional cost to you. So when you go to buy a new home, find a seasoned Realtor. It makes sense.
Buying a new home is exciting. You get to build your dream from the ground up, choosing your lot, your model, interior finishes and upgrades. But like any home purchase, buying new construction is serious business, an expensive transaction with many financial implications.
That’s why it’s a good idea to obtain representation from a Realtor® when considering a new home purchase. Here’s why:
- Builder sales reps represent the builder. Often builders have their own agents on site to answer questions, assist people who walk in, and ultimately help with a purchase. Builder reps provide a valuable service: They can explain differences between models and floor plans and share information about financing options, upgrades and specials. But it’s important to remember that builder reps represent the builder, as they are contractually obligated to do. “Realtors® are trusted resources for real estate information and can help home buyers navigate the increasingly complex home-buying process,” said National Association of Realtors® President Gary Thomas. “The buyer agency agreement ensures the buyer that his or her Realtor® will represent the interests of the buyer alone and not the seller.”
- Fiduciary responsibility. One of the most important considerations for any buyer is fiduciary responsibility. When you retain the services of a Realtor®, their responsibility is to you. That means you have an expert who is looking out for your best financial interests, an expert who’s contractually obligated to protect you. A Realtor® can help you navigate the new-construction contract; help you understand how specific clauses, riders and upgrade options affect you; and make sure you know what you need to before you sign on the dotted line.
- Negotiating a better deal. Finding the right model and picking your upgrades is the fun part. Once you’re ready to sign the contract, a Realtor® can work on your behalf to negotiate the terms, from upgrade options to financing and closing costs. In addition, a Realtor® can present other options for financing or might be able to work with the builder’s lender directly to get you a better rate for your mortgage.
- Shepherding your new home to closing. Signing a contract with a builder is just the beginning. You must also line up financing, work with title companies and attend numerous inspections throughout the construction. A Realtor® can manage that process and can accompany you on inspections to ensure you’re not missing anything at each construction milestone.
How can we help you achieve your dreams? Call us to learn more about your options of building your dream home in Hilton Head Island or Bluffton!
Read more about new construction in Hilton Head and Bluffton in Hilton Head Monthly’s article, Home Building Returns to the Lowcountry.