Homeowners get help in selling before buying

Homeowners eyeing new-home construction sometimes have hopes of moving to a brand-new home built to their specifications but wonder “how” they can realistically make that happen.

Should they sell their existing home first and then sign a contract to build a new one, or should they take the riskier approach of listing their home for sale and signing a builder contract with fingers crossed that transactions will align?

The Nevada Builder Trade In Program offers another option: Purchasing a new home on contingency.

The program enables a homeowner to commit to purchase a new home from a homebuilder partner and list their home for sale while their new home is under construction. The program is offered nationally by the Keller Williams International and operated in Nevada by Robin and Robert Smith of the Smith Team at Keller Williams Realty Las Vegas.

“The Nevada Builder Trade In Program removes an invisible barrier that prevents some homeowners from pursuing the purchase of a brand-new home — the uncertainty of finding a builder who will build on contingency and of selling their current home within their new home’s

If a homeowner selects the Nevada Trade In Program, the Smith Team will list, market and sell the client’s current home at a reduced commission while offering the buyers’ agent the standard 3 percent commission. This can save a seller $6,000 on a $300,000 selling price, a significant savings without sacrificing any service.

Additionally, the Smith Team will help arrange for moving services or help locate a temporary rental, if needed, between the sale of the current home and the completion of the new home.

“Our focus is selling your home for max value while you buy a brand-new home on contingency. We do this by helping you prepare your home to sell for the highest price possible and listing your home at a competitive sales price,” Robin Smith said, adding that homes typically sell between 30 and 60 days. “If spending a few thousand dollars in updating your home means that you can sell your home for $10,000 more and quicker, you should make those updates because you’ll have more money in your pocket at the end.”

For additional information, visit smithteamlasvegas.com or call 702460-5080.

COURTESY The Gardens at the Park neighborhood by Woodside Homes, within the Cadence community, is among the more than 50 neighborhoods where homeowners can purchase on contingency through the Nevada Builder Trade In Program.