I've never sold nor have I been asked to represent anyone wanting new construction, ever.

Many customers want ONLY new construction, while others choose a home that is already up, but only say a couple years old and "slightly" lived in due to the advantages:  landscaping done, fininshing touches and other customizations done, might come with expensive window treatments and so on. Having said that, what you are suggesting would not surprise me, although I have not encountered it personally.

I have not... mostly because in most cases the new construction buyer is truly committed to new construction. I just put two into contract that will close in August and both buyers were considering nothing but new construction. And I wrote a contract this past week for buyers who definitely did not want new construction, but a more mature community... no need to try and steer them away.

Barbara - Haven't really noticed that in my area. New home construction was non-existent from around 2008-2014, but has been growing, and is all over my area these days.

   Other than listing agents pushing their own resale inventory, or their office resale inventory, no. 

    In a "production" development, the new construction will usually come in on time and on budget.

   When I have buyers who want to "build on their own lot", I caution them to expect it to go over time, and over budget (that is more often the fault of the buyer/customer, or the fault of the county building inspectors, than it is the fault of the builder).

Not really, new homes are unoccupied so this should be quicker.

No I haven't. I did have a client that bought new and it was nothing but a nightmare for him more so than me. His condo was suppose to be ready August 1st, I sold his house, he put his furniture in storage. Then planned to  lived in his camper for a few months until August when he could move in August turned in Sept. then Oct. this went on until finally he was able to move in the beginning of Feb. I would never recommend building unless you are not in a hurry to move in.

No,  I really have not seen agents pushing their clients in that direction...it's more a case of clients not wanting to wait.  Most buyers who want new construction are prepared to wait;  the folks who are not so committed to new build end up looking for newer resales.  We do not have much new construction in our market, anyway, and it's all on the higher end, so that's more of a factor. 

Barbara,

We are in a no-growth zone.  So we don't see that here, nor have I heard of that in any of the areas we have worked in.  A

I have mentioned it when the builder is 1.5 years out or something ridiculous. NC is hard to beat for most buyers. They love the new.

We have a shortage of new homes here, many look at the new homes, but want to be in now and the new home occupnacy is still months away Barbara Todaro 

I have not Barbara

I haven't noticed this.

While we are starting to see more in-fill condo projects being developed, new construction is still a very small part of the real estate picture in most of my market.  In these still very low inventory times, it would be nice to have some options.   

It's horrible to hear about anyone putting their own interests ahead of their clients.  

Depends if the new construction is already built ... "spec" homes

Yes. many agents don't understand new construction, and don't want to wait to get paid. Toll brothers here would pay agents $2000.00 of their commission up front when contract was signed, then the rest when home was completed and went to settlement.

In my area, you can buy pre-construction condos several years before they close.  A buyer who wants to move now will not buy a home that closes far in the future but may consider an inventory home (rarely available), a new condo that just closed that is being flipped, a resale home and other options.

Barbara Todaro - I usually follow the directions from the buyers on this.

If they have sufficient time, and a good new construction is available, why not?

No

Most of our new construction is $600K + and come with additional Mello Roos Tax so, not all my buyers can afford them.

Can't say I have. I have buyers considering both options and what works best for their needs and time frame.

I've not noticed agents encouraging resales over new construction, but I really don't know how other agents work with their buyers. I only know how I work with mine.

We do have a lot of new construction going on in our area. However, because we are on the coast, and most all of the land along the coast has already been built, the new construction is primarily being built inland. So, the prime real estate is mainly resales because they are closer to the beach. 

Barbara Todaro, I've never heard anyone say that and, personally, I LOVE selling new construction in the Charlotte area!  In fact, I have 3 of them right now - just Closed one yesterday and have 3 more to go.  

I have another set of buyers who can't seem to find the perfect home so,  I suggested new construction, found them a lot and a builder and met with the builder today, as a matter of fact!  

I don't care how long it takes to Close - as long as my clients are thrilled with their purchase.  And, we're filling the pipeline, right?!  The 3 new construction buyers that I have under contract now, all went under Contract in 2016!

I have not noticed that here yet Barbara Todaro 

With a resale home, a buyer can definately close quicker than new construction which is in the building process. However, a completed new home can close as quickly as a resale. However, in our market, there may be added value to a resale in a larger lot, potential more square footage and an established neighborhood.  The negative is added maintenance, less options to customize, and perhaps an immediate need for a remodel. It is ultimately what works best with the buyer and their timeline. New construction is flying out the door as well as resales.  My husband has an expensive spec completing the framing stage - and it is off market. We received one offer and have 4 others looking at it seriously. 

I don't know what others do but we often have 1-3 build jobs going on at any given time. Right now we only have one but a few possibly in the works. We also have a lot of builder spec homes for sale here so new construction often is as quick as a resale transaction. -Kasey

That has always been a factor.

I have heard another reason. "Select resale home because it has higher resale value, new construction doesn't has such good resale due to appliances are new when you move in"

Since we do both, we 'weight' the buyers' needs and show them homes best meeting that criteria. If they can wait for a CO, then new is shown. To do less than that is in my opinion a breach of the fiduciary duty we owe our clients.

I hope so, we have had a stagnant market for existing homes for the past decade, while the folks with excess money flocked to build new homes on the outer edges of town. 

All leading to urban decline, suburban sprawl, and a general waste of money and resources.

Yes...many of those agents need their check now and not 4 months from now

No, not really. Don't know anything like that.

I love selling new builds. Last year in the first quarter of the year alone, I sold several new homes. Those homes all closed in the last 2 weeks before the Holidays - it was like winning the lottery!

No. In my community there is no new construction so resale is all that is available. I've 5 buyers I'm representing them on builder homes out of my community..I'm listing their current homes. Its all what the buyer wants!

People do not want to wait in our area and builters are still 6 months out on most new builds.

It's pretty rare to work with an agent on new construction out here.  Most builders cooperate.

No.  I do have clients that would like new construction but they do not want to wait for the build. 

We don't ahve a lot of new construction in this area so it's primarily resale - and condos are 99.9% resale as well

Nope. I think it really depends on the client's need. Whether it be timing, wants, and desires. What I have seen is if a client can afford the higher expenses, they are leaning toward new constructions.

Not around here, both sell equally fast.

No.

We don't have a lot of new construction but some in our market.  I closed 2 in January 2017 that opened escrow in September 2016 and it never crossed my mind that the closing would not be sooner. 

Making my clients happy if my priority.  There will already be the ones looking for the quick and easy way.

That is a buyer decision

It depends on the Buyer, on their timeframe.   If they need a quick close, most often there are no spec homes available.

I have not noticed. We have builders with homes in a variety of stages available. A custom new build?  I love these - but not the wait! 

I have sold new construction & most buyers love new but the drawback is that they have to get temporary housing while waiting to build.  But there is newer construction already built that buyers can purchase.

 Haven't noticed that in my area yet.

I've noticed them encouraging them to buy resale homes for lots of reasons.. including the builders' increasing propensity to only pay commission on BASE PRICE 

We don't have a lot of new construction in my area. I'm not seeing this trend...yet.

Yes - and some builders are now paying full commissions up front!