Why Engaging a Land Buyers Agent is Key to Building Your Dream Home
Are you looking to upgrade your home? Maybe you're tired of your current home and are in need of space for your growing family. Regardless of your reason for wanting to upgrade your home, one of the most important decisions you will make is choosing whether to buy an existing home or build a new one.
When it comes to buying a block of land for your dream home, the value of getting authentic advice cannot be overstated. While a real estate agent may help you find the perfect home for sale, a land buyers agent specializes in helping you find the perfect block of land for your dream home.
The journey to your best lifestyle can be smooth sailing if you seek advice from someone who understands every element of the home building process. That’s why it's important to work with a land buyers agent who will provide valuable insight on building opportunities like stamp duty savings, creating instant equity, zero or little maintenance, and budgeting for the areas of your home that bring the most happiness.
Moreover, engaging a land buyers agent empowers you with the knowledge to make informed decisions while protecting you from being misled.
But wait, did you know that real estate agents have a conflict of interest when it comes to selling vacant residential land over existing homes? You see, agents are commissioned to sell properties, and an existing home could be worth two to three times more than a residential block of land. For an agent, a commission is a commission, whether it's from selling an existing home or a block of land.
Most agents will sell land to someone who already understands the advantages of building, but what about someone who needs to upgrade and is exploring their options? An agent is less likely to suggest building as that suggestion could result in missing out on a much larger commission. The resources of real estate sales teams are often directed towards clients purchasing existing homes, which can hinder the growth of new home builds, especially in regional areas.
When you meet with a real estate agent, they will ask questions to find out what you're looking for in a house. However, there are five critical questions they are less likely to ask you, including:
- Do you want a house that's tailor-made for you?
- Would you like to save anywhere up to $20,000 in stamp duty?
- Do you want the opportunity to create instant equity?
- Do you want to spend your budget on the areas of your home that will bring you the most happiness?
- Do you want a property that will be maintenance-free for five to ten years?
In conclusion, choosing a land buyers agent is the smartest decision you can make when looking to build your dream home. They can provide unbiased advice on all aspects of the build process and help you find the perfect block of land that meets your requirements and specifications. At Land In Warrnambool, we have a team of experienced land buyers agents who are ready to assist you in finding the perfect block of land for your dream home. Contact us today!