14/11/2025
Here are several ways, as your advocate, I can save you money as a buyer's agent when you are considering buying a brand new home and we are meeting with a builder rep. If we don't ask, they often will not offer these things and the worst that happens is that they say "no"! With excess inventory and slower sales in the last few months, many builders will say "yes" to get homes sold:
1. Price and Incentives
-Builder Discounts: Ask for promotions (especially at end of fiscal quarters/years).
-Closing Costs: Many builders offer to cover part or all of your closing costs if you use their preferred lender.
-Free Upgrades: Instead of price reductions, negotiate for free upgrades (flooring, counters, appliances).
-Fencing for free
2. Lot Premiums
-If your chosen lot has a premium (e.g., corner or cul-de-sac), negotiate to reduce or waive it.
3. Design Center Credits
-Builders often require you to choose finishes at their design center. Request credits ($5k:$15k+ depending on home price) to use toward upgraded finishes.
4. Construction Timeline / Completion Guarantees
-Lock in an estimated completion date or request penalties or compensation if they miss it.
-Clarify escalation clauses (some contracts allow the builder to increase the price due to material costs, negotiate to cap this or remove it).
5. Warranty & Punch List Items
-Ask for extended home warranties (e.g., from 1 year to 2 years for workmanship).
-Ensure punch list (walkthrough) fixes will be completed before closing or within a set timeframe.
6. Appliances & Fixtures
-Most new builds don’t include all appliances. Negotiate to include:
Washer/dryer
Refrigerator
Ceiling fans or upgraded lighting
7. HOA Fees or Community Costs
-Ask the builder to pay the first year of HOA dues or waive initiation fees.
8. Smart Home / Energy Upgrades
-Many new homes offer optional smart thermostats, security, or EV chargers. Ask for them to be included at no charge.
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