Why No One Talks About Services Anymore

Finding the Right Custom Home Builder for You

Finding a custom home builder can be as easy as asking people around you. If there’s a good one in your area, most probably, you will hear about them. Otherwise, check the directory of the National Association of Home Builders (NAHB) or any other home builders’ association. Or you can do it the old-fashioned way, such as scanning your yellow pages or approaching your town office for builder names on file.

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 off, make the builder understand exactly the type of home you want, and find out what kind of experience they have with similar projects or with projects in your target area.

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

> Permanent business location (having one is a sign of stability)

> Reputation with local suppliers and banks

> Breadth and length of industry experience

The NAHB says home builders usually take 3-5 years to establish themselves in the industry; hence, the longer they’ve been around, the more likely they can finance a custom home and stay around after a project is completed.

> Better Business Bureau record

> Coverage of workers compensation and general liability insurance (ask for proof that they are adequately insured)

> Feedback from former customers (ask for client references)

The third thing you’d like to accomplish during the interview process is building rapport with your prospects. Obviously, this will be quite crucial. It can be excruciating to be forced to work with a builder you dislike.

Asking for Estimates

After getting all the above information, you can now trim down your list of prospects to two or three names. This is always better than having one prospect, if only to make comparisons and see who shines. You can even be honest with them and tell them you’re comparing their quotes. They will compete for your business and you may end up with a cheaper quote for the same quality.

However, collecting estimates is something you really have to spend time for. You want to be sure that your budget is just right – not too much that you’ll be wasting money on unnecessary things, and not too little that quality will be sacrificed.

Certainly, you should provide your chosen builder all the information they need to come up with a valid or accurate estimate. Finally, you should also understand that regardless of the estimate you approve, you should expect at least a 10% overrun because of various incidentals, such as change orders, that may come up.

The Beginners Guide To Homes (From Step 1)

The Beginners Guide To Homes (Finding The Starting Point)