Email
Print
ShareSales of newly built homes in the United States experienced a surge of 36% in July 2020. The new growth in the demand for homes is driven by the increasing desire to work from home and the shutdown of the travel industry. Statistics show that 89% of the homebuyers purchased their properties through a broker or real estate agent.
Successful developers and new construction builders know the smart thing to do to increase their bottom line is to partner with a real estate agent. With over 2 million real estate agents in the United States alone, there are plenty of benefits for builders and agents to work together.
Let’s take a look at some of the key benefits for builders and real estate agents when they partner up:
Better Industry Experience
Builders often don’t have enough experience selling or marketing their properties to prospective buyers. Similarly, many real estate agents aren’t well versed in the subtleties of design blueprints, soils surveys of properties, and other technicalities of building a house. But when both parties work together, they can combine their individual experience and improve the chances of making a better and more profitable deal for the property.
Wider Network
When working together, the real estate agent and builders can pool together their resources and share their network contacts to market the property to a wider range of potential buyers. A single builder can partner with several real estate agents to get maximum exposure for their newly constructed residential property.
Sell More Houses
When a buyer works alone and tries to sell the property within his circle, his potential buyers are limited. This means that the chances of selling his property for a higher profit are limited, and it might also take a lot longer to find the right buyer. By partnering with a real estate agent, the builder can get access to more potential buyers as most people use an agent when buying any kind of property. The builder also has a better chance of striking a good deal on his property and sell the property faster.
Are you looking for top real estate agents and builders to begin a mutually beneficial partnership? Builder’s Update is one of the leading new home inventory listings platforms that provides comprehensive construction data solutions to local builders along with access to a large base of experienced real estate agents.
Sign up with us today to gain access to our platform or get in touchwith us to learn more!
