Magellan®
Realty is not just an ordinary real estate company. Magellan®
is a full-service brokerage firm specializing in representing
buyers who want to build a new home. Consultants are trained in
all areas of residential new construction and real estate to successfully
take buyers through the sales and building process quickly, easily
and professionally.
There are a wide range of services which Magellan® can provide
to prospective buyers. Contact a Magellan® sales consultant
at 1-877-7BUY NEW for assistance. Or fill out a
registration form and a representative will contact you.
Specialty Services
Consultation Regarding Building a New Home
This consultation is designed to determine whether building is
really a viable option for the client or the only option. A Magellan®
consultant will discuss the building process in depth so the client
clearly understands what is going to happen each step of the way.
Profile Client's Housing Needs
This profile assists in initially directing the client as they
begin the search for a new home. Important criteria, such as location,
school district, builders and communities, architectural style,
square footage, price, floor plan, specific features and/or building
needs are discussed. In addition, we profile the demographic and
psychographic characteristics of the clients' current lifestyle:
income, marital status, age, occupation, household size, number
and age of children, etc., to identify the most appropriate building
options for the client.
Financially Qualify the Client
Before a buyer can actively pursue any type of real estate, it
is important to know his or her affordability range. Based on
current income and debt ratios, we can identify the most sound
investment for the client.
Consultation on Plan Design and Budgetary Restrictions
Buyers are often unsure about how to translate their building
needs in terms of square footage and amenities into a floor plan
and price range. They may not understand the cost difference between
styles of homes or product types or which style product best matches
their desired lifestyle. In addition, they may not understand
how design change can impact building cost.
Access to The New Home Explorer® Database
The New Home Explorer® was created in 1989 by the owner of Magellan®
and a systems engineer at Eastman Kodak to provide prospective
home buyers with a quick and easy database of new home developments
accessible in the comfort of their home or office. A qualified
Magellan® consultant working with The New Home Explorer® can
reduce the search for a new home from months to minutes. Contact
a Magellan® consultant to see if The New Home Explorer® is
available in your area.
Representation of Client at Various Building Communities
Real estate has a certain protocol when it comes to who's working
for whom. A Magellan® consultant acts as a buyer's broker,
and we represent our clients with due diligence. There is also
protocol in new construction. Whose buyer are you when you enter
a new home community or model home unescorted by your own agent?
Who is looking out for you? Do you know the right questions to
ask? At Magellan®, a professionally trained consultant will
register you before you visit the community. We know the right
questions to ask on your behalf, and there are many that are critical
to the decision-making process. Bottom line, we look out for YOU!
Evaluation
of Builder(s) and Community(s)
Each builder should have a set of building specifications as part
of his or her presentation material. This information is critical.
It tells you, the client, exactly what you are going to get in
your new home. The next step is identifying what is standard and
what might be considered an "upgrade," and how each
item affects the price of the home. At Magellan®, we carefully
review builder specs and interpret the information for the client.
We make recommendations as to where the client might want to upgrade
a building material, and add or even omit certain items based
on how important they are to meeting the client's goal.
Evaluation of Builder Pricing Bids
After presenting a particular plan to several builders for review
and pricing, it is important to do what we at Magellan® call
a "Comparative Building Analysis." This allows us the
opportunity to carefully dissect what each builder is offering
and at what price. In addition, we take other variables into consideration
in the final pricing, such as location, size of community, time
of build out, builder's reputation, the lot, amenities, etc. At
Magellan®, consultants know the cost of construction and will
question a builder or builder's representative if a price seems
inflated to protect the interest of the client. The final analysis
will give the client the best possible product for the best dollar.
Assistance
with the Architectural Process
Many buyers visit the architect's office far too early in the
building process which in many cases can cost them hundreds or
thousands of dollars which cannot be recouped. At Magellan®,
we work with buyers to truly identify the most efficient design
for the dollars spent. We may make design recommendations to accommodate
furniture placement or to enhance the home. We assist in helping
buyers visualize the house and understand the blueprints.
Negotiation of the Client's Contract
As a buyer's broker, Magellan® consultants work for the buyer
client. We know best how to negotiate for our clients and we know
how to support the negotiation process.
Assistance
with Selections
There are buyers who know exactly what they want and where to
get it. There are also buyers who may need assistance when it
comes to selecting cabinetry, fixtures, carpeting, etc. At Magellan®,
our consultants are available to assist the client with selections
to both expedite the process and make it an enjoyable one.
On-site Visits During Construction
To ensure quality and the timely completion of the home, a Magellan®
consultant is available to periodically visit the client's new
home while under construction. There are always questions
and concerns that come up during the building of a new home. At
Magellan®, we act as a buffer between the client and the builder's
team and ensure a successful and rewarding building experience.
Clients feel more confident because they have someone to bounce
their ideas and occasional fears off of as well as to support
them through the entire process.
Consultation on Final Walk-through
To ensure that the client gets the home that they contracted for
and to ensure that the quality of the home is also what was expected,
a trained Magellan® consultant will accompany the client on
a final walkthrough prior to closing. The consultant will document
any items not yet complete, on back order or needing repair. If
the work is substantial, a recommendation to delay closing or
escrow monies may be made. Time frames for completion of all items
will be discussed and typewritten punch list of all items requiring
attention will be sent to closing.
Access to Magellan®'s Advisors
As a specialty real estate firm, Magellan® also recognizes
the need to affiliate with other trained professionals with specialty
services that support new construction, Magellan®'s initiatives
and Magellan®'s clients. A well respected team of advisors
is available to assist Magellan®'s clients in legal matters,
financing, architecture, interior design and construction.
There
are a wide range of services which Magellan® can provide to
prospective buyers. Contact a Magellan® sales consultant at
1-877-7BUY NEW for assistance. Or fill out a
Registration Form and a representative will contact you.
Examine
the cost of Magellan®'s services and see how minimal the cost
is to protect the single largest unit commodity you as a consumer
can purchase. Click here for: Cost
of Services