Finding a custom home builder can be as easy as asking people around you. If there are some good ones in your area, you will probably hear people talking about them. Otherwise, check the website of the National Association of Home Builders (NAHB), where they have a searchable directory. Or do it the traditional way by looking up prospects in your yellow pages or asking your town office for referrals.
Trimming Down Your List of Prospects
It’s good to interview several prospects before choosing the right Rochester Home Builder for you. There are three things you want to accomplish during the interview process.
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 physical office location (this is usually a sign of stabiilty)
> Reputation with local suppliers and banks
> Length and quality of industry experience
The NAHB reports it takes 3-5 years for Rochester custom homes builders to gain ground in the industry; thus, the longer their business experience, the more capable they are of financing a home construction and the more likely they will stay around after completing a project.
> Better Business Bureau record
> Workers compensation and general liability insurance coverage (make sure they can back this up with proof)
> Feedback of former clients (request for client references)
The third thing you should try to accomplish during the interviews is building rapport with your prospects. This is going to be rather crucial obviously. It can be excruciating to be forced to work with a builder you dislike.
Asking for Quotes
After getting all the above information, you can now trim down your list of prospects to two or three names. This is much better than having a single prospect for reasons of comparison. You can even tell your prospects that you’re comparing their estimates. To compete for your business, they may even give you a lower estimate while maintaining the same quality.
However, collecting estimates is something you really have to spend time for. You must be sure that your budget is just right for your needs – not too much that you’ll be spending unnecessarily, but not too small that quality will be compromised.
Of course, the builder of your choice should have all the important information they need to prepare an accurate estimate. Lastly, do understand that no matter how good your builder is with estimates or which estimate you actually approved, there will always be at least a 10% overrun because of incidental expenses, such as change orders, can never be totally avoided.