[manaboutown]

Originally Posted by Carla B

Essentially our experience also. Villages agent said "You don't want to look at preowned homes. They are asking more for those than new homes."

As I understand it Villages agents are “encouraged” by the developer to move the new product. They are paid higher commissions as an incentive and/or otherwise compensated. For example trips on a company jet, meals at the developers private club and no doubt otherwise. Selling existing units is a lucrative adjunct business that satisfies a need and brings in more dough but building and selling new homes is the primary objective.