Do you need a real estate agent when buying an apartment in a new building
Many people view buying an apartment in a new development directly from the developer as a straightforward process in the real estate market. There’s no need to look for a seller, check the apartment’s history, or engage in complex negotiations — all you have to do is contact the sales department of the residential complex and choose the right floor plan. Because of this, many buyers wonder: is a real estate agent necessary if the apartment is being purchased directly from the developer?
In practice, even such “simple” transactions have their own unique aspects. Different contract formats, installment terms, construction phases, legal nuances, and comparisons of market offers — all of these can significantly influence your decision and the security of your purchase.
In this article, we’ll explore whether it’s possible to buy an apartment in a new building on your own and in which cases a real estate agent’s assistance might be helpful.
Is it possible to do without a real estate agent?
In theory, it is possible to buy an apartment in a new building without a real estate agent. Most developers have their own sales departments, where managers advise buyers, show floor plans, explain the terms of purchase, and help finalize the deal. If a buyer has already chosen a residential complex, is well-versed in the market, and is ready to handle the paperwork on their own, they can conduct the transaction directly with the developer.
It is important to understand that sales department employees represent the developer’s interests, not the buyer’s. Their sole objective is to sell an apartment in a specific new building or residential complex.
When buying a home on their own, buyers will have to:
review the developer's documents and the building permit;
determine the type of agreement (investment agreement, agreement for the sale and purchase of property rights, construction participation agreement, etc.);
check the completion date of the building and the terms of the apartment handover;
compare prices and terms across different new developments;
Carefully review all the terms of the contract before signing.
If a buyer has experience in real estate or a legal background, this method of purchasing property is entirely feasible. But for most people, buying an apartment is a rare and financially significant transaction, so without professional guidance, they may overlook truly important details.
Why it's better to buy an apartment with a real estate agent
Buying an apartment in a new building involves more than just choosing a floor and a floor plan. It is important to be able to assess the developer’s reliability, the terms of the contract, and the property’s actual prospects. An experienced real estate agent helps buyers navigate these issues and guides them through the transaction at every stage.
A real estate agent works with several developers at the same time and knows which residential complexes are currently under construction, what stage the projects are at, and what terms the developers are offering. The agent helps compare different options and select a property that fits the buyer’s budget and expectations.
An agent knows how to check a company’s reputation, construction permits, the status of the land plot, and the legal structure of the sale. They can also advise on which floor plans and floors are best suited for living or investing, which apartments are likely to appreciate in value the fastest, and which options should be considered first.
When purchasing a new-construction property, contracts may vary in form and content. A real estate agent helps you understand the key points: the building’s completion date, payment terms, potential penalties, the handover process, and other important details. The agent oversees the entire purchasing process: selecting an apartment, viewing it, signing the contract, and handling the paperwork.
If you’re planning to buy an apartment in a new building, turn to the professionals. The realtors at Mayak Real Estate Agency will help you find a property on the primary market, review the documents, and guide you through every step of the transaction. Contact us for a consultation and to find an apartment in a new building in Kyiv or the Kyiv region.
