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.
Make sure you select a company or builder that has extensive experience constructing homes in your price range and general design style.
Reputation is important. Look for an established builder or building company with an extensive, satisfied client list.
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?
You should be offered a comprehensive written warranty.
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.
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.
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
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).
Do not assume that you will be paid on 30 days or end of month following.
Attention to detail can make all the difference in getting paid on time.
The only good customer is a paying customer, and if you don't ask ...
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%?
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