SESSION TYPE: Building Knowledge Session: On-Demand
VIRTUAL FORMAT: On-Demand
LEVEL OF CONTENT: Intermediate
WHO SHOULD ATTEND: 55+ Housing Builders and Developers, Single Family Builders - All Types, Multifamily Builders & Developers
TRACK: Business Management
Cost-effective design and good purchasing practices are critical for achieving superior profitability, but too often overlooked. In this session, a panel of home building industry experts will demonstrate how changes to your design strategy and your purchasing process can result in an increase in gross profit of 5% (and beyond). Get ideas and examples for decreasing direct construction costs, learn a simple exercise for identifying low-margin, high-cost plans, and walk away knowing how to develop a product line that meets buyers’ needs while maximizing your profit.
NAHB - 0.75 CE hour(s), NKBA - 0.1 CEU(s)