In episode 49 of the Professional Builders Secrets podcast, we’re joined by Erik Cofield, an Executive Business Coach with APB. Throughout this episode, Erik identifies the key differences between a design and build model vs simply quoting plans as they come your way.
INSIDE EPISODE 49 YOU WILL DISCOVER
- Which model will increase your profit margins
- The differences between the two models
- The similarities between the two models
- Finding the target audience for your model
- The drawbacks of quoting plans
- And much, much more.
Listen to the full episode to uncover how a design and build model can impact your bottom line.
ABOUT ERIK COFIELD
Erik Cofield is a Certified Graduate Associate with the National Association of Home Builders (NAHB) and a senior-level business strategist, manager and revenue generator. He has provided management consulting services for custom home builders and remodelers of all sizes throughout his career.
Connect with Erik: linkedin.com/in/erikcofield/
TIMELINE
- 1:34 What custom building looks like: two main models
- 2:40 Defining the two models
- 3:30 Similarities between a design-build model and quoting plans
- 5:22 Differences between the two models
- 7:05 The worst factor in quoting plans
- 8:32 Target audiences for the different models
- 9:51 Why don’t all builders switch to the design-build model?
- 11:56 How plan-quoting impacts the bottom line
- 14:31 The pros and cons of a design-build model
- 17:26 Myths about these two business types
- 19:08 Common blind spots
- 20:27 Transitioning from quoting plans to a design-build model
- 26:22 Erik’s idea of the future of custom building
- 30:30 Should builders do more?
- 34:24 Building and maintaining a relationship with customers
LINKS, RESOURCES & MORE
APB Website: associationofprofessionalbuilders.com
APB on Instagram: instagram.com/apbbuilders/
APB on Facebook: facebook.com/associationofprofessionalbuilders
APB on YouTube: youtube.com/c/associationofprofessionalbuilders
Join the Professional Builders Secrets Facebook group for builders & connect with professional builders world-wide: facebook.com/groups/builderssecrets
Information
- Show
- FrequencyUpdated Weekly
- PublishedSeptember 29, 2022 at 10:00 PM UTC
- Length36 min
- Episode49
- RatingClean