Choosing the right builder for your property development project is crucial for success. The builder you select will play a significant role in determining the outcome of your project, so it is essential to make a careful and informed decision. 

One key point is the importance of using an architect to help find a builder. Architects have a deep understanding of construction and building processes, and they often have established relationships with reputable builders in the industry. By leveraging the expertise of an architect, you can tap into their network of builders and benefit from their recommendations.

In this week’s episode Hilary and Bob discuss how to pick the right builder for your property development. They highlight key strategies and insights to help listeners make informed decisions when selecting a builder for their project. So if you’re struggling to find the perfect builder for your project, you won’t want to miss this week’s episode! Tune in and learn how to pick the right builder for your next project and avoid costly mistakes! 

Resources: 

To speak with us directly, click here: https://www.propertymastermind.com.au/schedule-an-appointment/

Episode Highlights:

• Importance of Builder Selection [04:05]

• Architect Fees and Services [07:04]

• Licensing and Types of Builders [11:04]  

• Cost to Complete and Builder Payments [14:24]  

• Building Brokers: Pros and Cons  [17:39]

• Tender Process: Formal vs. Informal [21:40] 

• What Builders Dislike in the Tender Process  [25:34]

• Market Conditions and Builder Margins [31:26]

• Specifications and Standardization [33:26]

• Common Mistakes in Specifications [40:27]

• Conclusion [42:31]

About Hilary Saxton:

Hilary Saxton is a performance and mindset strategist who motivates, trains, and coaches people who crave knowledge and success in their property and business life. Hilary has had a varied career in property and business spanning at around more than 25 years now. She takes an honest, upfront approach towards both people and process issues. Hilary provides solutions through incremental and transformational change that delivers the success her clients both want and need.

Bounce Back Better Podcast: https://episodes.fm/1707096100

About Bob Andersen: 

Bob Andersen (known in the property industry as “The Deal Maker”) is a Property enigma. When it comes to creating financial freedom for his followers, his “thinking” is refreshingly simple. He has the ability to make the seemingly complicated, uncomplicated. Bob has changed the lives of so many people by training them to use property development as a vehicle to build substantial cashflow and long term wealth. This in turn, has given them control over their lives and a lifestyle they could previously only dream about. It has been said that Bob has created more property millionaires in Australia than any other educator / mentee out there through his highly acclaimed property development courses. Thank goodness for Bob! Because there are way too many so-called Property education experts out there. Several, even past students, have ‘borrowed’ Bob’s material in an attempt to ‘be Bob’. As Bob says, “I must have done something right, but you can’t ‘borrow’ over 35 years of experience and over $1 billion worth of projects spread across all states of Australia and in all stages of the property cycle”. 

Connect with Property Mastermind: 

• Property Mastermind Facebook: https://www.facebook.com/PropertyMastermind
• Property Developer Secrets and Hacks Facebook group: https://www.facebook.com/groups/2581187315284341
• Hilary Saxton Facebook: https://www.facebook.com/HilarySaxtonCoach

• Instagram: https://www.instagram.com/propertymastermind/
• YouTube: https://www.youtube.com/channel/UCt31KlQu9azoojEHPLvXgmA
• Property Mastermind Website: https://www.propertymastermind.com.au/

It has been a pleasure and we look forward to seeing you in the future episodes!