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Rooted Realty Group, LLC
© 2020 Metropolitan Indianapolis Board of REALTORS ®. Information is deemed reliable but is not guaranteed to be accurate by the MIBOR® listing service or Rooted Realty Group, LLC
Rooted Realty Group, LLC is proud to be serving Central Indiana through Keller Williams Realty
Keller Williams Indy Metro West, 8102 Kingston St. Suite 400, Avon, IN 46123
First, let’s be clear on who pays for the services of a Realtor®. Typically it is
the seller who pays commission fees. Home builders have these fees already
built into the price of the home. It is more profit for the builder if you do not
involve an agent to help you, … and you get no representation. Using a Realtor®
does not increase the cost of the home and does not cause a builder to not
want you as a customer or increase the difficulty in getting the home built. In
fact, if you qualify as a Hero you will get money back after closing… money that
you can use to furnish your new home, stock the man cave, finish the
basement, or just go on vacation after the big move. Most builders welcome the
use of a Realtor® because you bounce your questions and concerns off of your
chosen professional instead of calling the construction superintendent or sales
person every day.
If this is a step that you are considering, it is important that you include us as
soon as you decide… before you go to look at models. Once you sign the
contract to purchase a new home, without using a Realtor®, it is too late to
involve one. At this point, any issues or negotiation will be between you and the
builder’s representative (who the builder pays to protect the interests of the the
builder). You will not have anyone protecting your interests except yourself. We
can help you select the model, location, and amenities that best fits your
families needs and budget.
Do I have to build in a subdivision?
That depends on the builder. There are builders who only build in subdivisions
and there are builders who will build on your lot/land. Some of these builders (in
both situations) will only build the models that they sell (with some slight
modifications) and some will take any print you have and build your home the
way that you want it… as long as it meets minimum standards for building code
and/or HOA restrictions. Of course, if a lot is owned by a particular builder, that
builder will typically only sell you the lot when they build your home.
Do I have to have the land before I have my
home built onto it?
You can search for the land that you want and have the builder verify that a
home, well/water connection, septic/sewer connection, etc. can be built onto
that land. Some builders will even negotiate purchasing the land for you (based
on your credit and financial situation), build the home and all needed systems,
then sell the entire package to you as one transaction. This process negates
you needing to purchase the land, secure a construction loan and go through
the steps necessary to finance building the home, then convert the construction
loan into your desired mortgage term.