In order to win housing contracts, it is common practice within the industry to put forward a very low price that will not realistically cover the kind of home the customer is looking for.
There are so many aspects to building that it is easy to make a house price look detailed, when in fact it contains many ambiguities. Only towards the end of the project do unsuspecting customers realise what has occurred, as their budget balloons out of control, or they are stuck with low quality fixtures and fittings and are forced to forego the features they really wanted.
Misleading pricing is not the only thing to look out for. It's also common practice for larger building companies to cut costs by contracting unqualified labourers to build the greater proportion of each house, while only contracting a few qualified builders that oversee many construction projects. While this type of business model offers the cheapest form of new housing, it can also cause major quality issues, delays, and costly mistakes – that the client ends up paying for.
The lack of pricing integrity and the use of unqualified and inexperienced labourers isn't the only cause of stress for those building a new home. Poor project management is also a major cause of stress. Customers aren't given a proper understanding of the building process, and are forced to make a wide range of critical decisions at the last possible minute.
When decisions aren't finalised on time, this causes costly hold-ups in construction. Subcontractors are forced to reschedule their timetables and can't get back to the job when required causing further delays.
| < Prev | Next > |
|---|