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Mickey DiPiero
614-804-5600
mickeyandlisa@e-merge.com
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Mickey DiPiero
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614-804-5600
mickeyandlisa@
e-merge.com
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New Construction: Why You Need a Realtor


1. New home salespeople represent the builder. It’s their job to sell homes, not to act as your fiduciary and represent your best interests. They are not real estate agents and are not subject to the same licensing requirements and fiduciary responsibilities. You have the right to a knowledgeable representative who will protect your interests through the entire building process.

2. There are many builders in Central Ohio, each with something distinct to offer. For example, some are known for their innovative designs or customer care while others are known for their value per square foot or in-house financing options. I'm familiar with local builders, whether they are production, custom, or semi-custom. I can help you choose the right builder in the right community to meet your needs.

3. Building a home may require hours of research and decision making. Personalizing a new home is one of best parts of new construction, but it can also be stressful. I can offer you advice on site-location, upgrades, finishes, and other items that can impact resale value.

4. Having an agent costs you nothing. I get emails every week from our builder contacts keeping us up to date on their floor plans and communities. Most builders do the majority of their business with agents and will not offer discounts to discourage representation. The price of a new home is the same whether you use an agent or not. In fact, you'll probably get more because I know what deals the builders have been offering that they may not have mentioned otherwise. 



Should You Choose New Construction or an Existing Home? 


     



For some home buyers the answer to that question is simple and immediate. They have clearly defined needs or preferences that lead them to choose one over the other easily. For many, however, it takes more thought and some research to make the right choice. Here are some factors to consider.


Price and Ownership Costs
Existing homes generally cost less than new construction. Home sellers often are more flexible on price than builders. In addition, they usually include items such as appliances, blinds, window treatments, fireplace tools, storm doors, and landscape plants in the sale of the home. These are expenses that can add up quickly for home buyers. Also older neighborhoods often do not have the homeowner association fees (or the deed restrictions) of newer developments. 

On the other hand, certain builders may offer below market financing. This could mean a lower monthly payment for the same amount of space or the ability to buy more house for the same monthly payment of a smaller existing home. Also, certain ownership costs may be lower with new construction. You can build the features that you need rather than having to spend more money remodeling and making improvements later on. In terms of energy efficiency, new homes also have the advantage. Energy technology has come a long way in recent years making new homes more energy efficient and lowering monthly utility bills.


Location
Location can be the determining factor for many buyers. Do you want to live near work? Do you want to live near the downtown? Are the suburbs the best place to raise kids? Are you looking for a secluded location? Although available throughout all of the Columbus area, new construction options naturally are greater in the outlying areas where there is undeveloped land to build on. If your goal is to live close to the downtown area, your new construction choices could be limited primarily to condominiums and townhomes. Existing homes that have been professionally rehabbed could be another option to consider.


Neighborhood Ambience
Older neighborhoods offer mature trees and varied architecture which is appealing to buyers who want to avoid that "cookie-cutter" look. Builders cannot reproduce the character and uniqueness of older neighborhoods. Other buyers prefer the architectural symmetry and of new developments. Many new communities are deed restricted to protect the integrity of the neighborhood as well as property values. Keep in mind that if your home is among the first to be completed, you may have to contend with construction traffic and building noise for some time.


Floor Plans
The way we live changes over time. Older homes are priced better per square foot, but newer homes make more efficient use of space. Many home buyers are looking for more open spaces with fewer rooms. New floor plans often feature great rooms, large kitchens, and two story entries. If you are someone who enjoys formal rooms and cozy spaces, however, an existing home may be the right choice for you.


Customization and Amenities
One of the advantages of new construction is being able to put everything you want into a home from the ground up. You'll be choosing your own flooring, cabinets, light fixtures, appliances, finishes and color schemes. You'll have the opportunity to install whirlpool tubs and wiring for tvs, stereos, and computers that would be difficult and expensive to add to an existing home.


Availability
Existing homes are ready and waiting for purchase. Building a home can be six to nine month long process which can be stressful for some buyers. Delays due to waiting for permits, bad weather, or sub-contractor issues are not uncommon. If time is of the essence, you may want to choose an existing home.


New Construction Representation

 

Mickey DiPiero will be there at every stage of the home construction process to offer you professional guidance and support. My promise is to make sure that no details are overlooked and that you have the best possible outcome. I want you to be thrilled with your new home and your building experience!


I'll begin the process with a new home consultation. It's an opportunity for you to consider what is really important to you in your new home. I'll discuss floor plans, communities, amenities, styles, upgrades, and what you are looking for in a builder. It's important to note that builders specialize in various areas. Some are recognized for their innovative designs while others are known for their square foot value. I've worked many builders over the years and will recommend the ones that will fit your needs best.

The next step will be to arrange tours of models and meetings with builders. At this stage, we'll look over potential floor plans and I'll point out any design issues that I see. I can also advise you on site selection, options, and upgrades and discuss resale with you.

Once you have chosen your builder, it will be time to enter into a contract to build. I'll negotiate for the best terms and make sure certain safeguards such as detailing your upgrades and specifying site access and advance notice of closing are in the contract.

Throughout the process, we will be visiting the construction site and meeting with you and the supervisor at scheduled times. We want to ensure that the home is being built to your standards and expectations. I can recommend home inspectors once the home is near completion.

I will attend the final walk through with you to identify any outstanding issues that need to be corrected before the closing. Finally, we will attend the closing with you to resolve any last minute issues that may arise. Then the home will be yours!