Checklist for finding a builder

Along with getting your plans in order you must also choose the right builder for you. Here are some points for you to consider before starting your building project:

Type of Builder: volume, custom or individual

  • Volume: Larger firms that have building gangs, painting crews, joiners, plasterers etc. They are able to manage the project from beginning to end. They may cost more because they manage the process but they tend to be quick and efficient
  • Custom: These are builders that have set plans which within certain limits, you can customise to your taste. Building from a set plan can be a very economical choice.
  • Individual: These are small one-two person operators. They can offer a lot of flexibility, and provide a greater opportunity for you to be more involved in the whole building process.

Registered Master Builders

Make sure your builder is a Registered Master Builder. To be registered, they must have proved that they can run a successful business and meet stringent quality standards. They must also be able to guarantee their work with a 7-year Master Build Guarantee. This is separately guaranteed by the Registered Master Builders Federation up to a certain limit.

Type of home

Make sure you select a company or builder that has extensive experience constructing homes in your price range and general design style.

Reputation

Reputation is important. Look for an established builder or building company with an extensive, satisfied client list.

Compatibility

Building a home is a highly personal and emotional experience. Question and listen to everything about prospective builders. What do other people say about the builder and what does your instinct say?

Warranty

You should be offered a comprehensive written warranty.

Price

The cheapest price may not be the best. Remember you need to trust this builder and a good working relationship is essential for a successful project.

Do your homework

Look at more than one option, even if you have a preferred builder in mind. When you get quotes, tell the builder you are getting other quotes - they will appreciate your honesty.

Award Winning

Registered Master Builders build award winning houses. Awards are given to entries that are judged to be 50-80% higher than industry standard, so if your builder carries a quality mark - you can be assured of building excellence.

Source: Press Release: Registered Master Builders Federation 28 March 2007

Top Tips


Tip 1: Know your customer

Check the exact name and legal status of each of your customers (you will need this if you ever have to take legal action to recover a debt).

Tip 2: Agree payment terms before you supply

Do not assume that you will be paid on 30 days or end of month following.

Tip 3: Invoice accurately, clearly and promptly

Attention to detail can make all the difference in getting paid on time.

Tip 4: Do not be afraid to ask for payment

The only good customer is a paying customer, and if you don't ask ...

Tip 5: Improving Cash Flow

Did you know that by using a third party (such as us), to undertake your credit control, can improve your cash flow by as much as 40%?

More Top Tips ...