5 Uses For Experts

Finding the Right Custom Home Builder for You

Finding a custom home builder can be as simple as asking around. If there are some good ones in your area, you will probably hear people talking about them. Otherwise, check the directory of the National Association of Home Builders (NAHB) or any other home builders’ association. Or the old-fashioned way should do – checking your yellow pages or visiting your town office and asking for referrals.

Narrowing Down Your Prospects

It’s good to talk to a number of prospective home builders before making your final choice. There are three goals you want to happen during all this interviewing.

First, make sure the builder understands the type of custom home you want, and that he has experience building similar homes or building homes in your desired area.

Second, ask him about his general experience as a custom home builder. The NAHB says these are the most important things you’d like to know about your prospects:

> Permanent business address (this usually indicates stability)

> Reputation with local suppliers and banks

> Breadth and length of industry experience

The NAHB reports it takes 3-5 years for custom home builders to gain ground in the industry; thus, the longer their business experience, the more capable they are of financing a home construction and the more likely they will stay around after completing a project.

> Better Business Bureau ratings and record

> Workers compensation and general liability insurance coverage (make sure they can back this up with proof)

> Former customers’ feedback (ask for a few names of people you can call as references)

The third goal you’d like to work on is building rapport with your prospects. This is going to be rather crucial obviously. It will be extremely difficult to work with a builder you don’t like, especially if you’re very particular about details.

Asking for Estimates

As soon as you have all the above information, you should be able to zero in on two or three names. This is always better than having one prospect, if only to make comparisons and see who shines. You can even tell your prospects that you’re comparing their estimates. They will compete for your business and you may end up with a cheaper quote for the same quality.

However, you really have to spend time collecting estimates. You must be sure that your budget is just right for your needs – not too much that you’ll be spending unnecessarily, but not too small that quality will be compromised.

Of course, the builder of your choice should have all the important information they need to prepare an accurate estimate. Lastly, do understand that no matter how good your builder is with estimates or which estimate you actually approved, there will always be at least a 10% overrun because of incidental expenses, such as change orders, can never be totally avoided.

Finding Similarities Between Experts and Life

Finding Similarities Between Experts and Life