HOME BUILDER SECRETS | What they don't want you to know or tell you!

Hello Leo, you said there is no standard in a custom home. Are you talking about only a million-dollar custom home? Thanks in advance.

You helped me out more than I car bare. Thank you🙏

please keep these videos coming. I am learning a lot about home buying

You are awesome

Where are you in Canada ? I am in Brampton and would like to build a customer home if you can help will be great.

How do you build a house while currently living in a house that you make mortgage payments but can not afford to make two mortgage payments. How would one go about building a new house and selling their old house?

Do you build in NC?

Hi, please check out the Pocket Estimator app for costing residential building projects. Great for quantifying materials. App available on android and iOS

Thank you for sharing your knowledge. 🙏🙏🙏

Our builder is the worst!

Great video! You have some exceptional knowledge about home building!

that was pure nonsense - mis and disinformation

Hey i need your help, do builders use these 9mm cases because i found some silver/golden cases with a green thing inside can you respond thank you! :-)

Great video

Thanks for great info I'm in Mi where it get cold also & I'm going to build & I was confuse whether to use realtor or not :)

So true... I agree with all you say here!

Maybe your homes can be purchased on a napkin at Starbucks but In USA, Contracts are long and Involve too many Legal Terms, Obligations to be fulfilled and Disclosures which are often better explained by a Buyer's Realtor who writes RE contracts for a living! and has the BUYER'S BEST INTEREST in mind!! Sure beats relying on the seller's contract often altered to their own advantage.

Which builder is best

I want to build my own home , but same time I m worries , I m not doing any mistake

So can u please help me to know what is the exactly process . What I should start with

So what your saying is you want to keep the realtor out of the mix so you can make more on a build and not pay a commission to a realtor that brought you that lead. Or are you going to offer a a big discount to your clients? Selfish if you ask me. Just so people know I am not a realtor but I do have them in the family and they know the good builders and the bad ones in your area.. so I would always encourage you to use one yo not get screwed on your biggest purchase of your life.

Born in u.s. raised in alaska and currently living. Up here it seems if your not a relative or son/daughter of a builder you cant get X-amount of hours working under a builder to get your liscense.

You have earned a subscriber, SIR.

We are young couple with 2 years kid and wanted to buy our dream house and I have paid deposit of $5000 to build a home here in collerville, Tennessee. We asked them to extend the living room for which they asked to pay another $500 which we did. They have been very slow about the process which we understand there is so much coordination inside. They sent me contract to sign and late afternoon day before yesterday and I signed document this morning. After that my realtor called and told me that the builder do not want to build as the lumbar price increased for the said rate and they would only if I pay $10,000 extra. They wasted my time of 6months. I paid deposit of $5000 back in may, 2020 and now its october. Can I sue them for this? Or give your best advise please.

Hello In tip #2 you mentioned that spray isn't always a better option. Can you explain what are the proper applications for spray foam. And Can you give examples of some alternatives that can be used instead of spray foam?

Great information! What about a pt.2?🤔

You can get your point across about not needing a realtor without putting the industry down. Take the high road and realtors will bring you business.

I don't understand

I'm in the process of getting a home built in Dallas, Tx and everyone is saying "You need a realtor".... Thanks for the information.

Well done sir

Alot of builders in FL are able to provide a customer with a preliminary estimate based on square footage and other factors. If you do not have a standard like drywall for example or sheathing you can't possibly provide a preliminary. 5/8 apposed to 1/2 plywood for example may be a upgrade later. It doesn't make sense to crunch numbers and design homes for a potential client that is not within your price range. Just my opinion and experience. I can agree that changes are often a rip off!! Find a honest builder! GREAT VIDEO!

Why do builders push for documents only to sit on them?

Didn’t help

How do I connect with you?

Hello your videos are very informative, can u please make video about constructing house with builder is cheaper or with general contracts. Just simple house

I'm Usda, I chose a building company. How do I know if it's standard or custom?

If you're building a home and not using a buyers rep, I question your sanity. The builder will already account for the commission in their costs and whether you use the builders rep (who represents the builder but hope you ignore that) or a buyers rep (who represents YOU ONLY), you won't save any $$ but will lose any and ALL representation. So yes, you don't need an Agent to build but there is a reason why a good majority of builders use an Agent and thats to cover their a$$ when they need it.

Forget the Closing at a Title company! See ya at Starbucks! or maybe Dunkin. Bring your Bitcoin number and I we can give you the deed of the property on coffee paper cup. LOL

👎

Textbook construction workers.

Get more experience

When the client changes there mind it can be a delay of weeks. Literally the last thing I want to hear

I'm building a custom home and just paid my second last payment. The remaining is 5% which is to be given when completed. A couple weeks after I paid the second last payment, the builder tells me he wants more money, equal to 20% of the overall cost due the price of things going up. I asked him how they are now just realizing they went over budget this late into the project? Seems weird to me. What are your thoughts on this? I am in canada btw. Thank you in advance

I want to build on a land off of Bay Area mountainous area in California. Do you happen to know any good company or contact who’s familiar with building in the woods (I think I need someone familiar with lumber harvesting or wood removal etc). Thanks

This information is not accurate for all builders. It sounds like he is speaking for his own company. A lot of builders hate upgrades, they take up a lot of time. Also a custom home with a set price at the beginning has to have a budget. Obviously anything over that budget would be an upgrade. Lots of partially true information in this video.

Well you fail to mention that there is lots of competition in the home building business.
Therefore builders try to keep their base price as low as possible in order to entice more inquiries into their home.
Not a thing wrong or illegle with trying to make a profit by charging for upgrades or changes requested by a customer.
They do have the option of staying with the standard specs. if they so choose.
As for not needing a Realtor for purchasing a home from a builder, you are correct, builders can represent themselves in the sale of their homes. But, in most cases they cant legally employ people to act as a sales agent for them unless that person is a licensed real estate agent. In other words, sit in your model home yourself and do the selling, or hire a licensed broker, not simply a licensed salesman, to do it for you.
Not all real estate agents are Realtors, and some choose not to be, that is a separate organization.
I was a custom home builder for more than 40 years.
I also became a licensed real estate broker and became a member of the national association of realtors as well.
Most of the other realtors in the area hated me. lol

Well said ! Thanks !

First. There’s 100% a standard in building. Builders have a standard trim package they use on most of their houses. But theres so many different kinds of trims. You can choose trim that’s cheaper or more expensive. How can a builder make money if there’s no up charge for picking a more expensive trim package? Or plumbing or electric package? How can there be no up charge.

FIrst let me say like the content we have a similar podcast coming to market soon, i would like to add ive been in real estate 21 years and both new home construction and realtor and two quick things, unless you are a seasoned real estate professional, you need representation. its like going to court without a lawyer. the builder and you have two different objectives, builder wants to give you a product but make as much as they can (margin)you the consumer want/need to buyer a product and want to save as much as you can but get the best value for your investment. even with the knowledge ive obtained I would enlist a broker to assist me if I was buying in a different market then I have wisdom in. dont be in a situation where you arent protected. on the same token dont just add an agent to a transaction if they arent a true benefit.