How to choose the builder from whom you should purchase the project?

contractorsnew build

How to choose the builder from whom you should purchase the project?

  • April 30, 2021

  • 971 Views

Be it, new build contractors or refurbishment contractors, every tradesman is different. If we particularly talk about the one category, then the builders are as different as the different models of the cars. They do not particularly vary as far as the price is concerned, but a huge difference can be seen in the following:

  • Quality of workmanship
  • Level of design
  • After-sales service

So let’s shed some light on the FAQs about the builder’s behaviour when he sells the project

  • Can you guess which factor is largely taken into account while choosing the builder?

Yes, you guessed it right. It is the budget that a large number of people takes into account while choosing the builder.

  • Why should the National Builder Customer satisfaction awards be considered?

This measure has been made available with the efforts of the house builders federation. It is advised to take all the year’s results into account when you are checking the builder’s HBF rating.

  • Why should the sales service and complaints record be considered?

After-sales service will help you to obtain the maximum benefit from the house. Since the builder will deal with the issues if any encounters.

  • Why are customers not satisfied with the builders once the project has been completed?

Because some builders do not provide efficient services for the resolution of the issues. They usually ignore their customers which makes the customers go infuriated. So when you are hiring a builder, ask him beforehand whether he will provide you with the services of repair and fixing once the project is over.

Tip: Don’t be fooled

When you are going to purchase a newly built home from the builder, then you should not only be having a glance at the brochure rather you should try to also visit the site of the house. Since believing merely in the videos, images and brochures is an act of foolishness. Once you have reached on site, now it will be easy for you to take the important things into account.

  • Why should I know the resale value of the new build?

What if you have to sell the property in the future? So at that time, you will surely be willing to get an amount of at least 10 % more of what you have paid to the builder. But what if the value of the house doesn’t come out to be the one which you have paid the builder. So before you purchase the house, must ask the builder about the resale value.

  • What is the builder’s approach to treating green and shared spaces?

We all know that the builders are not particularly interested in making money through sales. They are rather interested in getting extra revenue from the shared spaces and the maintenance.

Bonus Tip

Before buying a home, make sure you are visiting the site and spending a significant time over there. It will give you the idea of whether you should be choosing to buy that property or not.

Bottom Line

So if you want to purchase the home from a builder who believes in taking all the above-mentioned factors into account, then please consult the builders associated with Apex Build contractors.

contractorsnew build

What are the tips to increase the profit margins of construction companies?

  • April 24, 2021

  • 1142 Views

Through the construction industry, we get the leverage to have several services in the terms of design, building repair, infrastructure, and maintenance. In case, you are planning to start the business as a new build contractors you need to understand various business aspects and the complexity of the services they can provide. To stand ahead in the competition, it is essential to gain an insight on ‘How to increase the profits margins?’.

What are the ways to increase the profit margins?

There are multiple ways to increase the profit margins, even if you are new to the business or doing the business for a long time. You need to take into account different factors for boosting the business profit margins.

  • Be realistic with your targets

To start your construction company or to get on the right track, you need to be realistic with the targets. Make sure that you write them down for better understanding and this way you will not miss out on anything important like:

  • Job costs
  • Overheads
  • Profit goals
  • Sales goals
  • Choose profitable niches

No matter which construction business you choose, make sure that you focus on profitable niches. You need to opt for the right selection of resources which will increase the profits. So, opt for the new construction projects carefully. Do not limit your focus to just one thing. You need to understand the latest trends and forecasts which will help your business to reach new heights.

  • Choose big contracts through tendering

To become everyone’s first preference, you should make use of the tendering consultants. You should take help from tender specialists and professionals who are working in the construction sector. As the competition is in excess, so to be better and on the top, you can bid successfully for big projects, specifically through tendering.

  • Make use of construction technology

With time, the construction industry has revolutionized a lot. In case, you are not taking advantage of it, it is the time you need to use them right away. Make sure that you use the construction apps, project management software, and mobile devices. Not only the workflow is better, but you can communicate with the clients with ease. Most importantly, the time is saved and you can work paperless. Discover the apps and use them to make changes to your business and increase profit margins.

  • Focus on marketing

Marketing is the key factor to make your presence felt among the clients. Nowadays, people do not look for business through phone books. The customers prefer to look for a contractor online and in case they are not able to find you online it will affect your business presence.

You need to have an effective construction marketing strategy that is going to help you get business leads, boost your social media presence, and the number of positive reviews is increased.

It might seem tough in the first place, but if you are motivated and follow the right approach your business will reach new heights.

Good luck!