b'Builder Stability and Financials Materials and ServicesA majority of builders in the industry are running on closeThe materials paid by builders are all very similar, with to zero margins. This is extremely alarming. On the surfaceonly a handful gaining additional discounts. While the it seems like you are getting a great deal, but in reality,cost of materials wont break the bank, all builders have the builder could be just a few months away fromto pay for accountants, administration, legal costs, bankruptcy and relying on your 5 per cent deposit tosupervisor wages, superannuation and general costs survive into the next project.of running a business. Most builders genuinely have their clients best interestsA large difference in cost can be tied to the tradesmen a at heart. They are extremely good at constructionbuilder employs. Cheap workers makes for cheap work. but struggle with handling paperwork and numbers.The most successful builders will choose to pay more for In the past, XL Built has been called in to help homeownerstheir staff, as they know their reputation is too precious clean up the mess left by other builders. In cases whereto jeopardise. A good builder will rely on handpicked homeowners are financially healthy, they can afford totradesmen to deliver quality and craftsmanship.have the job completed by another builder. Sadly, its all too common for a homeowner to have overpaid the initial builder, leaving little in the budget to finish the job. Costs rise, projects stall and some cases end up in court. In all industries, there are cowboys negligent in their practice whereby harming clients and their experience with building. You will only know youve come across one when problems start occurring.Do Not Base Your DecisionAvoid Getting too Many Quoteson the Cheapest Quote Comparing and seeking quotes is common for future homeowners as they are weary of where and how their hard-earned savings are spent. The most important question to ask a builder in terms of pricing is: What is includedA detailed quote typically takes three weeks to compile and excluded?and involves input from the builder, multiple tradesmen and suppliers. As most tradesmen own family-run businesses and simultaneously manage jobs while pricing new ones, if the builder believes they are only being contacted as a price check, naturally they may be reluctant to dedicate time. Often builders do find out if the homeowner has multiple parties quoting the same job and many wont hesitate in walking away. Do your research first and only select builders you feel will be the right ones for you. If you do not intend to work with that builder, please refrain from asking for a quote when you wont be enlisting their services. Many reputable builders will charge a fee to prepare a quote for the homeowner. This fee is typically a fraction of the cost to prepare a quote. It ensures the clients are genuine and the quote produced willbe accurate and useful.'