February 25, 2018

New Home Builders

Are you still interviewing new home builders when there are brokers who can do the legwork for you?

new home builders

New home builders can be like chalk and cheese. When comparing them, it needs to be on an apples-for-apples basis.

Similar to mortgage brokers, or insurance brokers, building brokers - who place landowners with new home builders are playing a more relevant role to save consumers time, money and to make a more informed decision about an industry fraught with cowboys and rogue operators. After all, the biggest risk with new home builders is if they go into liquidation, since other new home builders may be reluctant to warrant the last builder's work and pick up where they left off. Partnering with a proven team with years of experience in design and building tendering means you'll avoid costly mistakes and end up with a quality builder whom you can have confidence in. A good building broker would even request a competitive tender from any builder you may like to consider for your project too.

The brokering process for new home builders all starts with getting your house plans right. You could go to your preferred building draftsman or architect, (which may cost up to tens of thousands of dollars depending on the size of your project) and you could then engage us to tender out the plans to suitable builders on your behalf. Doing it this way means you own the copyright to the plans from day one, but may be a heavy cost to bear upfront.

Alternatively, you could simply use Catalyst Developments' building design solution for a low activation fee, receive a custom designed building plan to fit your property and photo realistic renders, all vetted by a qualified town planner to ensure the plans have the best chance of achieving local shire approval. If you've decided to use our building tendering services anyway, our design solution is a lower cost way to generate and revise building plans before you shop it around with new home builders. We would own the copyright until we place you with the builder of your choice, at which time you would own the copyright.

Things to consider when choosing new home builders

When comparing new home builders there are so many considerations, but some of the more important aspects being:

  • Are they financially stable? - The cheapest builder isn't always the best because their business needs to be sustainable. We want to avoid builders who are under quoting to win business but are not well financed to weather the ups and downs of challenging business conditions. A good way to check this is to ask the trades on their current sites if they are being paid on time by the builder.
  • Are they too busy? - Some builders quote higher prices because they are too busy and will only take a job on at a premium. Going with a busy builder may mean project delays.
  • Are they better at building certain types of properties? - Understanding the space that new home builders have experience in assists in matching the right builder for your project.
  • Are they quoting on different finish specifications? - Catalyst Developments' building tendering service gets new home builders to submit their building quotes through an itemized checklist. As the client, you also get to specify the finish level of any of the itemized checklist, or even request the builders refrain from including an item in the quote. This is a way to save money on paying the new home builders' margin on items you may be able to complete yourself, such as painting, installing blinds or carpets etc. An apples-for-apples comparison can then be made on each new home builder's tender quote to help you choose the right builder for you.