New Construction vs. Existing Homes: How agents can support consumers in today’s market

The World Series of Real Estate

If you have a buyer who is trying to decide between purchasing a new construction home or an existing home, this episode is for you. Haley and I are discussing the dynamics of the current housing market, focusing on the comparison between new construction and existing homes. We explore the implications of low inventory, the pros and cons of new construction, and the financial aspects that agents and consumers should consider when making decisions in the real estate market. Whether you’re a real estate professional or a buyer, this episode is going to give you a lot of actionable information.

Topics:

• How Jerry got his start in construction early on as a real estate agent and how that has led to him building condos and spec homes throughout the country
• The problems that have faced the construction industry stemming back to the financial crash in 2008 and how it’s affecting present day home builds
• The biggest pros and cons when deciding between purchasing in a new construction home (in 2024) vs. a resale home
• What you can do to become the listing agent on a new sale home – how to create relationship with builders, and how to prove your value

Episode Resources:

• Housingwire: New Construction vs. Resale Homes

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