| |
| |
|
|
Real Estate |
|
Master Builders Ask, Do You Know What Design/Build or Design/Construct Means? You Should
These real questions are answered by me and US Master Builders after receiving them from readers of my e-book, "Residential Development Made Easy." Question 1. 'Design / Build,' sometimes called 'Design / Construct' is a development process where the contractor (the builder) engages all the consultants for the project and submits a price for the design and construction of the project to the developer meeting the developer's requirements as far as aesthetics and space requirements. The builder, if awarded the project, goes ahead and builds the project without the developer having to deal with any consultant. This generally saves the developer the hassle of going through various tender exercises. Can you elaborate further on this issue please? Master Builders & Developer's Reply: Essentially what you have said above is correct, however as with most things in life, there is a "BUT" involved. "But" - not all builders can provide 'Design / Build services. Just because a builder can build a house, does not mean he can design one or supervise the design of one. Remember, in the pecking order of seniority in the industry, the designer architect usually 'tells' the builderwhat to do. 'Design / Build reverses these roles. Builders are usually practical people - they get things done - and like to complain about the fancy ideas of designers. However it is the fancy ideas that distinguish your house for the one next door and makes it work better and sell better. Now lets go up a few rungs on the builder expertise ladder to the Master Builders level. Well as with all human endeavors, there are different levels of expertise. Design / Build is basically what I do at USA Master Builders.com (formally ProCustomHomes.com) except we have taken the process several steps further. We call our Design / Build teams, "Residential Development Teams." Where we go further than other Master Builders is as follows: * We do the basic market research for you. Question 2. Will the builder be able to work out a package with me where I provide the initial concept and schematic design whist the builder provides all the working details and specifications to come to an agreed fixed price plus agreed profit? Master Builders & Developer's Reply: Depending upon the Master Builder you choose they should be able to do this for you. Let me walk you through how we work with developers. Let's say that you've done your home work. Know what property you want to build. Know how much you want to budget for each property. (If not, we can assist) I want you to tell me: 1) Fair Market Value $X 2) Appraised Value $X 3) Cost of each lot $X 4) How much you have budget for each property. 5) If you have floor plan that would be good. If not, we would help you with that. You would tell us what you have budgeted for each unit and ask us if we can build for that? We review the information, discuss details with you and give you a quote. When we provide you with a final quote it is all inclusive. It includes everything we can control. Included are the: *Certified architect blueprints, *Structural engineering reports, *Cost for building the property, *Providing financing for those who will be purchasing the property, *Insurance for those purchasing the property, *Realtors trained to sell and create a demand for your properties. In addition, to the above we would provide you with a 100% Money Back Guarantee which simply stated, "If you don't like the property once it is completed you don't have to buy it." We insist that you hire the property inspector of your choice to inspect the property BEFORE you take possession of it. We also provide you with daily video updates on the project so you have video documentation of the progress of your property. Unlike a lot of builders we think "long term" not short term. We understand that we make our money building and you make your money selling at retail. If we want more business from you it's important to help to ensure your profitability as much as possible. Question 3. What kind of warranties do Master builders offer? Master Builders & Developer's Reply: Depends upon the property and place. Some areas require warranty on plumbing, gas lines, etc? We provide all standard warranties in each area. In addition our structural warranty is 20 years instead of five or ten that local builders offer. Our roofs are 20 years. And, we have a 100% Money Back Guarantee to ensure you're not stuck with a lemon. Oh yes, one last point that does not really come under warranties, but it does give peace of mind to out clients. Every part of the house we build for you is computerized for you. So What? Well let's say, in 4 years or 10 years, you have a window badly damaged, a door, a kitchen bench - whatever - think about what you would have to do to get it fixed. Well with us, you just phone or email - tell us which part you want replaced, it's exact location, and we'll have the exact part, in the right size, in the right material sent to you, after you have approved the pricing. So you see that the "BUT" I mentioned above covers a lot that is within the term 'Design / Build.' Author & $1.2 Billion Developer, Colm Dillon, Has Written The Best Selling Teaching 'How-To' E-book, "Residential Development Made Easy," With Readers In All States Of The USA, Canada, Australia, New Zealand, UK, Ireland and 79 Other Countries. His Independent Web Site is: http://www.realestatedevelopmentcoach.com/ez
MORE RESOURCES:
Real-Estate - Google News |
|
|
|
RELATED ARTICLES
French Property - a Buyers Guide to Purchasing Property in France The CompromisThis document is the document you will sign agreeing to buy the property at the agreed price. It is signed by both vendor and purchaser and sets out all the details of the purchase price and fees. How to Get the Best Price for Your House The best price to sell your home is always determined by how you compare against your competition, the house down the street. If your property looks better than the next guy's the customer will buy yours. Hassle-Free Homebuying Perhaps you'd like to take advantage of today's great buyer's market in housing but feel a little intimidated by everything that's involved.You know the routine: finding the right locale and the right house; negotiating an agreement; putting together a down payment; and selecting the best mortgage available. Quality of Life in Sussex County Delaware. Facts, Statistics, Observations and even opinions! We Sussex Countians are fortunate in many ways as we have a wonderful quality of life here.Climate: Our climate for one thing is the best in the region. Escrow Accounts - Are You Paying Too Much? Money in escrow is "dead money". It doesn't earn interest for you and it doesn't reduce your mortgage interest payments. Investment Real Estate: An Inexpensive Way To Get Started If you are considering getting involved in investment real estate, let me offer some of the amazing information available in my wealth-building system, Winning the Mortgage Game. In several parts of my system, I outline a strategy for getting started in investing in real estate, without being a landlord. Chapter One FSBO the Russ Miles thriller/mystery novel Chapter OneShe reached the phone on its second ring. "This is Tami!" She confidently answered. Listing Real Estate Online - Top Tactics for Boosting Sales Listing real estate online can be a great way to let buyers know what is out there and it gives sellers a chance to show their home to people all over the world. However, the problem lies in the fact that most people still want to tour the home, inside and out, before buying it. To Buy or Not to Buy Purchasing a home is a major emotional and financial decision. Often times, people want to buy a home; however, emotionally cannot afford to commit to the home-buying process. A Possible Bargain: Foreclosed Properties In the superheated San Francisco Bay Area property market, foreclosed properties are available at as much as 40% below market value, writes Srini Saripalli.The last few months of a calendar year are considered sluggish for transacting real estate, but Silicon Valley seems to be an exception to this. The UK has Gone Property TV Show Crazy! The UK has gone property TV crazy. There are now shows about developing, buying, doing up and selling your home on every channel nearly every day. How to Build Your Free House What if you could "place an order" for the construction your Dream House (made either for your family, or for monthly rental income) and have it built for you in only a few months, or maybe weeks?!What if you could get other people to do all the work.. How to Buy a Property in Bulgaria The CostAlthough the property prices in Bulgaria are quite low compared to the other European countries, there is still a wide variety of prices depending on the property type and location (as a rule the properties in Sofia and at the Black Sea are more expensive). The first thing you will need to figure out is how much you can afford to spend and thereafter to determine the price range for your purchase. Budgeting Your Log Home - Creating a Checklist If you've read my first article, BUDGETING YOUR LOG HOME: Where do you start?, you've got a very basic overview of the process. However, there are still a number of questions I'd like to address. Donald Trump on Real Estate I love what Trump says about the business of real estate.I am a big believer in setting up business systems for all my clients. Attention To Details Helps Homeowners Sell Fast In A Buyers Market Your boss has just given you the career opportunity of a lifetime, but the job is in another state.Soon you discover that moving your family to another city may be one of life's hardest tasks. Industrial Income Property Financing: Part 3 of 3 Financial ConcernsOf the three types of income property, industrial property requires the greatest degree of technical expertise and experience. Likewise, financing the acquisition of an industrial income property can be, at best, very risky without adequate planning and know-how. Florida Investment Real Estate and What Are Considerations Before Buying Investment Real Estate, First Things FirstConsidering investing in property? What are some pertinent things to consider before taking this leap? Of all the investment possibilities, investment in land generally produces the most positive results. It is vital, however, to carefully investigate the pros and cons, benefits and deficits of real estate investment. Home Buying - School District Issues A good school district is a key factor in home buying if you have kids. It can also be a positive selling point when it comes time to sell your home. Vegas: The New Frontier Unless you have been living in Siberia, you know that Real Estate is on fire in many places around the country. In fact, you would be hard pressed to find a city where this was not the case.
|
||||||||||||||||
