Browse Forums Building A New House 1 Nov 03, 2008 9:40 am The block of land we have our eye on is offered by a real estate agent, and they have a volume builder lined up to provide house and land "packages" in that estate. Although, these are packages in name only as there is a separate contract for the land and land prices are listed separately.
Now, we're thinking we don't want to go with this particular builder. The question then, is, what's in it for the real estate agent if we go with that builder? Do they get a payment from the builder, a commission of sorts? If so, how much? As obviously that affects how amenable the agent will be to bargaining, if they are making less as it is due to us not going with their builder. Also in a more general sense, in normal circumstances can you expect to bargain agents down on land prices in new estates? I have read on here that you wouldn't have much luck trying that with a volume builder, but how about with a "volume land releaser" ie a new estate? (In actual fact this is only a small estate with about 15 blocks under that agent) Re: Real Estate / Builder partnership, what's in it for them? 2Nov 03, 2008 12:27 pm Hi russell,
A while back ago we were looking at some new estates in Kellyville. They were house and land from Eden Brae. The real estate agent works for the builder. And yes they get a commission like any other sales. You can baargain it down like any other property. I think the advertised sale amount was like $400k and they want $380K. If you really like it, make a genuine offer and see the response. There is bigger profit for the builder if it is a house and land package compared to just building house on your land. Good luck. I haven’t. But have a Lowe Design home. Not only did I find Matt Lowe patronising and a bully, but the home is NOT TO CODE. I have water coming through the bricks… 1 14223 Hi everyone. I am a single mother with little daughter, living in a small tourist town in WA Australia. I am thinking to install security screens to all the doors and… 0 23627 |