Daniel Lloyd I've listed and sold 40 subdivisions and over a thousand new homes.... it's a specialty.... you need to know methods and materials.... you need to know what you're showing and often with only a plan in front of you....that means you need to know how to read a plan.... I made sure I knew drafting; the building code; and how to cost out a home by the board measure.... you need to know what you're doing or you could easily be sitting in a courtroom at some point... 

  When you represent a home buyer:    

 Get an independent home inspection, even for new construction.  Builders and subs make mistakes.   

      If the Builder requires your buyer to use the Builder's contract and forms, and won't accept your standard State or Board of Realtors contracts, insist that your buyer see an attorney before signing. Builder contracts will usually be stacked in favor of the Builder.

   Watch out for the upsell.  Just like a car dealer selling you extended warranties, credit life insurance, rain deflectors for the windows, undercoating, and other stuff you don't want or need, many builders will push pricey upgrades and extras on your buyer.

I sell them, that's how I'm invovled.

If my client wants to see new construction, that is what we will see. If not, we look at resales. Pretty simple, really.

Yes, the process is different. The builder's agent handles the paperwork. It is not more difficult.

I have been the listing agent for builders and developers for years Daniel Lloyd and I find it much easier than listing existing structures. It is vital that you be dedicated to these people or they will drop you like a hot potato. The more you know about their business the better.

I help people buy new construction. You need to do, among other things, this:

1) Keep an eye on deadlines.

2) Make sure your buyer does nothing to hinder the qualifying of the loan (make no major life changes like new employment or new large debt).

3) Be aware that the process can take a long time and that there are certain deadlines that could change.

4) Counter-intuitive advice: stay out of the builder's way. Sometimes the buyer agent can be more of a problem than a help. Some builder deadlines can be related to other factors such as city permissions,  the trades (subcontractors.) I'm not saying to be passive, but be reasonable in assessing the process.

Being a listing broker for a builder is a dream.  People like new and shiny.

New construction is EASIER.

Buyer options are more limited in regards to the grief they can impose on the seller. Builders know how to say, "Go pound sand," and keep a smile on their face and builder friendly lenders are readily available.

Disclosures? Don't even think about it!

I love to sell new construction.

I've represented many buyers on new construction homes.  My involvement is very extensive ... it is more than getting broker fee for me ... I represent my clients! 

I have listed and sold new contruction now for over 30 years. It is my favorite and is no where new selling resales. It does require you to learn the process and what to expect next if you really want to offer a service to your clients

I do not do new development

I represent buyers with the purchase of new construction homes. 

Daniel Lloyd , Please hop on a plane and attend the two day, New Home Construction class that I am teaching in Erie, PA next week.

Hope you can find a class in Utah after you get your licensee.

I agree with Nina Hollander .  A

About 1/2 of what we sell is new construction...

1. Most builder contracts are 100 pages +.  I read every page and understand it...better than the builders rep.  I don't know any other agent that actually does that.

2.  I am well versed on construction and have taken extra classes for that. If you are going to claim to represent buyers, you need to know that.

3. I do haggle price and upgrades for the buyer...and always do get something extra.  That is my job if I claim to "represent".

I do know some brokers who sign the buyer in with builder and that is that last anyone hears from them...they simply just collect the commission...ugh.

Eve

Mostly used homes here.

Very good industry this new construction sales is.....Plus, you pick-up listings from buyers having to sell to buy your new inventory. New stuff brings out the best in everyone...

You just need to learn the business. Get active in your local builders association.

I do sell new construction homes.  As long as the builder makes no mistakes it is not any more difficult than others. 

They are not any more involved at all. Difference is buyer has to pick out all the features which is sometimes overwhelming to them. I try to help.

Every sale is unique. 

I'm not.

It depends on the property and parties involved.  Both can be easy or difficult. 

I don't see a difference between resale and new construction.

It's not all that different from existing home sales for a Realtor but with a few differences.

I've only sold one new build, but thankfully it was fully finished, but too much of a headache seling one that is in the building stage.. You never know when it's going to close, becasue of weather and other delays.

AMEN to Kathleen Daniels' answer! I just Closed one and have two more in Escrow - there's a very different process with new construction. Your broker should allow you to shadow a couple of agents from start to finish so you can understand how vastly different they are. 

Chuck Willman UtahHomes.me gave you a great answer also.

A lot simplier. No haggling in price pay and builder takes care of the rest. A card is often what it takes to get paid almost involing new paper.

In some ways it is a lot more work

Not if you know what you are doing!

I sell them and enjoy selling new construction very much. 

I go with the buyers when they are writing on new construction.  They are not on state approved forms, but are on their own contracts written by attorneys.

It can be more difficult if you make it.  I give lots of service to my buyers even if it is a new built.

I sell new construction.  A lot of people like it because it's new but often it's more expensive than pre-owned.

No idea.

Great answers are here. 

It's more fun !

 In my market, most of the homes are really, really old.  But there is some new construction, especially in the suburbs.  It isn't more or less difficult dealing with new homes - it's just different.