Duplex Home Builders – 12 Tips That Guarantee You Appoint the Right One for Your Project
Well, stick around because in this article I’m going to share 12 tips that will guarantee you secure not only the right builder but at the right price as well.
By the end, you’ll have the confidence that you need to make the right selection.
Let’s get into it.
When you’re going through the process of selecting duplex home builders f0r your project, there are a lot of things that need to be considered. Let’s break down some of the most important.
1. Cheapest Isn’t Always Best
Your mindset mustn’t be around looking for the cheapest home builder. This is one of the fastest ways to steer your project in the wrong direction.
The goal of your tender process is to figure out the market value of your build and then look to appoint the best duplex home builders you can at that level.
2. Body of Work or Work History
You need to make sure that any duplex townhouse builders you are considering have a significant body of work, and in the type of project, you are undertaking.
3. All Builders Aren’t One in the Same
Different builders have different skillsets and efficiencies based on what they specialise in.
Your goal should be to find a builder that has experience in the type of project you are undertaking so that you can leverage their expertise and benefit from their efficiencies.
You’re not looking to be a normal home builders guinea pig into townhouse builds.
4. The Benefit of Appointing a Local Builder
In a lot of cases, there will be benefits to appointing established local duplex home builders.
They are going to have the most efficiencies in that geographical area and a reputable and trusted brand.
Attaching your project to a local builder’s brand will also help with your off the plan sales.
5. Consider the Standard of Builders
You want to appoint duplex builders that suit the standard level of your project. Is your project high end? Low end? Or in between?
Appointing a higher-end builder to do a lower spec project is going to cost you a premium.
Conversely getting a lower end builder to do your higher-end project is risky.
It’s unlikely that they will be set up and capable to deliver to the right standard and expectations.
6. Volume Builders Aren’t Suited to All Types of Projects
Volume builders have their place for specific projects, as all types of builders do.
It’s always going to be horses for courses.
But it’s important to note that their business model is to do volume, they make their money by pumping the projects out.
You need to ensure your expectations are aligned as far as the product you will receive.
Volume builders primary focus is on turnover. The experience and quality you can expect are going to be directly related to that.
They are also experts at variations. They make money by charging you every time you make an alteration no matter how big or small.
It’s not to say a volume builder isn’t suited to your project, but these are real things that you need to be aware of.
7. You Can’t Put a Price on Working with Good People
It will be vital that you partner with a builder that you can trust and someone that you don’t clash with from a personality perspective.
This one seems obvious, but you’d be surprised how many bypass partnering with good people for price.
8. Don’t Go Too Hard in the Tender Process
The last thing you want to do is screw your duplex home builders down that far that you leave a sour taste in their mouth that they will carry through the duration of the project.
If you screw your builder down too far and they accept the project because they need the work, it’s a disaster waiting to happen.
It will cost you both time and headaches later in the project once they realise they aren’t making the money they were hoping too.
It’s the fastest way for your project to come to a grinding halt.
Everyone needs to be paid, and everyone needs to be making money.
9. Make Sure You Have Sufficient Liquidated Damages in Your Build Contract
You need to partner with a builder that is prepared to back up any promise that they make on time in the contract.
It’s not uncommon for duplex builders to sell you the dream on time when you are talking shop.
But unless they are prepared to back it up in the contract with significant, but fair liquidated damages then it means nothing.
10. Minimise Assumptions in Your Build Contract
Your selected builder needs to provide a fixed-price contract with minimum assumptions.
The onus is going to be on you to make sure that your tender documentation is watertight and that everything has been considered.
11. Run a Proper Tender Process
You must stay disciplined and run a full tender process.
Even if you have a preferred builder, you need to run the entire tender process to ensure that your preferred builder is, in fact, the best builder for your project.
As mentioned at the very beginning of the video, appointing the right builder is going to directly impact the outcome of your project so you can’t get it wrong.
Thinking that you know it isn’t the same as knowing. So be patient and discipline and run the full tender process every time and under all circumstances.
12 Make Your Final Decision Without Emotion
The stakes are too high to appoint a family member or friend of a friend to do your project just because they have been recommended.
They need to go through the same tender process as all the other builders.
If they still end up being the appointed builder, then great but they need to win it on their own merits.
Personal relationships need to be put to the side.
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