The 3 Stages to building your brand new home

So you have decided that you want to build a home and not sure which builder you should partner with. There are 100’s of builders out there and one can only assume that as long as the builder is licensed, what can possibly go wrong?

Just because a builder is licensed and has an ABN does not mean that they are a great builder. Conducting your due diligence is very important when selecting the right builder, afterall you are going to be paying hundreds if not million of dollars of your hard earned money.

So how do you go about comparing builders? To answer this question, let’s look at things a little differently. What is the general path of the journey that you are about to embark on? What stages do you generally go through before signing on the dotted line? How do you compare builders along these stages?

Now before we look at these stages in details, write down your requirements and begin with the end in mind. What do you in a builder? What is important to you? Do you want quality / flexibility / transparency / honesty / fixed pricing? etc…

Once you outline what’s important to you, then start comparing builders. Here are some general stages that everyone who is looking at building their home would go through:

STAGE 1: RESEARCH
STAGE 2: SHORTLIST
STAGE 3: ENGAGE

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STAGE 1: RESEARCH

Objectives:

1. LEARN LEARN LEARN
2. Narrow down a design or two or three (less is always better) or at least elements that you liked if you are going down the custom design path
3. Narrow down a few builders (no more 4, but less is more).

The initial stage can go for months from the moment you jump online to have a look at what’s available to visiting display villages. Regardless of whether you are building for the 1st or the 10th time, you will constantly be learning. The biggest mistake that you can make is think you know better or know it all. You don’t…

FOR THE FULL BLOG, PLEASE VISIT: https://learnproperty.com.au/2019/04/28 ... -builders/
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You have a very good blog. Top marks!

Thank you @SaveH20