There is no doubt about it. This is a great time to build a new home niche in your market. Why?
Three reasons the timing is perfect:
1.You can corner the market. For proof, search NHCB in your market and see what you get.
2. Little or no competition. Google NHCB in your market and see for yourself.
3.The higher the interest rates, the greater need by homebuilders for Realtor support.
But wait! Here are 20 reasons home shoppers and Realtors are turning to new construction:
- New shoppers tend to have better credit.
- Local preconstruction buyers tend to list with the Realtor that helps them purchase the new home.
- New home shoppers tend to have more equity in their homes.
- Home builders are offering affordable mortgage rates.
- You can learn how to establish a new home niche in 3 hours online.
- New home shoppers who want professional new representation can find you by searching NHCB in your zip code or city.
- You will make sales you would have missed.
- Showing new homes will help you sell more resales and new homes.
- Home builders will buy down the interest rate to offer better terms than resales.
- The higher interest rates go, the greater the demand for realtor referrals.
- Home builders will seek you out for partnerships and listings.
- Home builders write the contract.
- Home builders will recruit to join their co-broker network.
- Home builders manage the transaction.
- Home builders answer all construction questions.
- Home builders help qualify your new home shopper for a mortgage.
- Home builders will coordinate the financial closing.
- Onsite sales consultants can become important members of your long-term team.
- New homes are the easiest sale in real estate.
- New homes inventory is easy to find.