The power of relationships
in the real estate world can never really be understated. That's
because they make the industry go round, more than money. This is
what's going to save you money, and keep you afloat when you're
developing several projects at one time.
Take it from the Chairman
of SBIG Holdings, Khaled Shaheen, you need to make smart decisions
when it comes to the costs associated with home development, if you
want to stay in business. This means finding contractors that you
want to form long term relationships with. They will sell to you at
a lower price, for the sake of having more consistent long term
opportunities.
This follows for all
aspects of home building as well. Including inspectors, as well as
land appraisers, and even with brokerages. Forming long lasting
relationships is the number one way that you can ensure a successful
arrangement as far as costs are concerned.
Always treat people
fairly, and with respect. If you're happy with the job that they've
done, then use them again and again. That's how you form a working
business relationship that should be able to pay off for you in the
long term.
