Damira Liberman Logo
5 Reasons to Use Your Own Agent When Buying a New Development Property
avatar undefined
·NaN min read

When it comes to buying a new development property, many people are faced with the decision of whether to work with an in-house agent provided by the sales gallery or to hire their own agent. While it may seem more convenient to work with an in-house agent, there are several reasons why it is important to use your own agent instead.

  • Protection of your interests: An in-house agent is ultimately working for the developer, which means their loyalty may not lie with you as the buyer. When you hire your own agent, they work solely for you and have a legal obligation to protect your interests throughout the buying process.

  • Access to a wider range of properties: An in-house agent is typically only able to show you properties within the specific development they work for. When you work with your own agent, they have access to a wider range of properties on the market, allowing you to see more options and potentially find a property that better suits your needs.

  • Negotiation power: A skilled real estate agent has the expertise to negotiate on your behalf and can often get you a better deal than you could negotiate on your own. An in-house agent may not have the same level of negotiation power, as they are ultimately working for the developer.

  • Objective advice: Your own agent is able to provide objective advice and guidance throughout the buying process. An in-house agent may be more inclined to push for a sale, even if the property is not the best fit for your needs.

  • Convenience: While it may seem more convenient to work with an in-house agent, it is often just as easy to work with your own agent. Many real estate agents are familiar with new developments and can make the process smooth and efficient.

Overall, while it may seem convenient to work with an in-house agent, there are several important reasons why it is beneficial to hire your own agent when purchasing a new development property. From protecting your interests to accessing a wider range of properties, hiring your own agent can help you make the best decision for your unique needs and preferences.