Land & New Construction
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 8 years ago, 11/16/2016
New Multifamily Construciton
I've never gone through the process of having a multifamily residence built but I'm considering it/ My question(s) pertain to the process. Most of the modular builders I'm looking at don't have lots to buy. I briefly spoke with a builder who said his son was a licensed realtor who could help me find the land. That sounded a little suspicious to me and it got me thinking about the process. a) should I have my own realtor for this? b) do I need a realtor beyond that point, to represent me during the construction phase or for the construction contract, or would it suffice to show the contract to a real estate attorney when that time comes? c) am I correct in being suspicious about possible conflict of interest in regards to the above situation? d) should I not talk to builders yet until I've secured the land or involve them so I'm sure the location will suffice? I'm looking for someone with experience having worked with builders. Thank you in advance!