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.
* We create demand for the properties.
* We locate the buyers.
* We provide financing and insurance.
* We locate a developer who develops properties in a specific price range we've specified.
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
![]() |
|
![]() |
|
![]() |
|
![]() |
What if two people pooled their resources and began investing... Read More
Purchasing a home can be a complicated and confusing process,... Read More
Traditionally, real estate has been viewed as a sales industry.... Read More
Real estate investment and development has never been a more... Read More
That's A Funny Thing To Say About Property Auctions; They're... Read More
Do you have bad credit, no credit, filed a bankruptcy,... Read More
A large percentage of the mail we receive are from... Read More
Is your pet worth $100,000? It may be if you... Read More
You're selling your home as a FSBO (for sale by... Read More
Many would-be real estate investing professionals face discouragement because of... Read More
Whether you're a "move up" home buyer, downsizing, or relocating... Read More
If you're thinking about selling your home and moving up,... Read More
For posting the "Truth" on your website, some FSBO's will... Read More
As you grow older, the issue of wealth building comes... Read More
Every one should have a home inspection before purchasing any... Read More
When property investing, pay the seller their asking price but... Read More
Years ago, the only person that could buy a home... Read More
What's the difference between death and taxes?Death doesn't change every... Read More
Did you know that it's a proven fact that a... Read More
When selling your home, you'll want to fetch the best... Read More
In our fast paced and frantic real estate market, buying... Read More
Among your many responsibilities as a landlord, the law provides... Read More
A bit about VeniceVenice, Florida was named by an early... Read More
A new business venture to help home sellers, home staging,... Read More
Your house is for sale by owner (fsbo), Along with... Read More
The housing market has exploded in the last five years,... Read More
Many communities have associations for homeowners, property owners, condo owners,... Read More
Lake Havasu real estate is a hot commodity. With surrounding... Read More
The real estate cycle, like the business cycle, refers to... Read More
Central Illinois is an excellent location for families and businesses.... Read More
New Marketing and Design Psychology ideas help you stage homes... Read More
Many homes remain unsold for a long time because they're... Read More
In investment real estate the quickest way to wealth is... Read More
The Region has four distinct seasons but in general possesses... Read More
Why should you invest in real estate? Well, investing in... Read More
Perhaps you'd like to take advantage of today's great buyer's... Read More
We've all made bad decisions in the past. Don't you... Read More
One of the biggest mistakes people make when selling a... Read More
Condo hotels are one of the hottest products in today's... Read More
There are a great many books and web sites devoted... Read More
One of the most common causes for disputes occurring after... Read More
Real estate agents are gearing up to face the biggest... Read More
Successful Property Letting And Management is not something that just... Read More
Real estate investments come through a variety of different options.... Read More
Buying a beach house in New Zealand offers many possibilities.New... Read More
There has been speculation in the media recently about the... Read More
The secret to success in real estate investment is finding... Read More
Even in this hot real estate market, selling your home... Read More
The value of the real estate you own, whether it... Read More
A Specialist Article For Those Interested In Real Estate Development... Read More
If you're looking to sell your home quickly, and for... Read More
There is no doubt that the market for houses has... Read More
Knowing what a Good Deal is ? Is the Key... Read More
Repairing a rental home (or your own home) use to... Read More
The Real Estate Settlement Procedures Act (RESPA) is a consumer... Read More
Buyers think they care more about the inside of the... Read More
In this country millions of homes are sold every year.... Read More
We understand the being in foreclosure is a scary thing.... Read More
1. What happens to the seller's credit rating when they... Read More
An education of some sort is a prerequisite these days... Read More
When it comes to real estate investing, most beginners find... Read More
I was in the rental business for seven-years, made 1.3... Read More
In investment real estate the quickest way to wealth is... Read More
Any trip to Belize starts fantasies of owning a beach... Read More
What is a "distressed" property? What is "bargain" real estate?A... Read More
Be a slumlord? Okay, I got your attention, now the... Read More
Real Estate |