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Experiences that new home builders will encounter

November 4, 2022

It tells about the things found in building a house with details as follows.

  1. No customer deposit causing us to reserve funds Paying for materials and labor, contractors have to borrow money, and have interest burdens. or need to apply for store credit products plus + interest), resulting in higher costs, less profit.

Note : We are a house building company. We have been a well-known company in the home building business for a long time. We have more than 5000 houses built in Thailand. find more information on our website : https://www.trendyhome.co.th/

*** In the event that the customer cannot withdraw money may even have no money to pay

Problem solving : Divide the work period well. keep enough deposit towards the purchase of materials and pay the technician’s wages using the money of the customers to spin Do not use the loan to turn over Otherwise, the money will spin.

  1. The customer ordered the company to build a house. Build 10 knock-down houses, but ask for the conditions to be completed, send them to them. Pay after installation

    This experience pays in one place 100%. But before paying, wait for the money for 1 month, causing you to bear the cost of materials and the labor cost of the technician behind the bend.

Solution to the problem: need to collect a deposit when building. Sending and collecting a large amount of 100% is very risky. When large lump sums are more difficult to pay than small lump sums, the last installment should be left at 5% if it is a project work.

***From experience, the bigger the lump, the harder it is to collect. The smaller the cube, the easier it is to store.

  1. The customer ordered the company to build a house. Knockdown House thought that we would also include a stanchion with a height of 60 cm. because the customer had ordered a container and had the stanchion.

The customer refused, and had to ask us to make a pole for him. It takes an extra day and a half to install.

Problem solving : Must have a clear specification of material and contract, write 3D images and present them better.

  1. Customers order a knock-down house. We didn’t see the job page. It appears that the house was installed, attached to a concrete fence, and had to break the fence. The neighbors went in and made a new fence for customers.

Troubleshooting : Always look at the job site before bidding. Because of different obstacles The amendment budget is different.

  1. Customers order a knock-down house. We didn’t see the job page. It appears that it is transported in a very rural area, installed on a hill next to a stream. hillside area There was a problem digging the healing system was very difficult because the mountain only found rocks.

Troubleshooting : Always look at the job site before bidding. Because of different obstacles The amendment budget is different.

  1. The customer ordered a knock-down house. We didn’t see the job page. The customer told me to deliver at this point. When I arrived at the job page, I had to send it to another far away from the original point. almost a hundred kilometers and don’t know that they have to be withholding tax of 3% (15,000 baht)

Troubleshooting : Must look at the job site before bidding every time and have a clear contract. Trading on behalf of the company. Must be subject to withholding tax of 3%. This cost must be reserved as well.

  1. The customer ordered a knock-down house. Didn’t make a clear contract, it was an urgent job, it was said to be a big company officer Appears to cost 700,000 baht, draws a sword, does not pay, cannot be contacted and has no contact back.

Troubleshooting : If claiming to make us misunderstand If you are involved in fraud, you can report a criminal case. Must enter into a contract and have clear conditions for payment and inspection. Some big companies order, Mr. A. inspector, Mr. B. payer, Mr. C. does not coordinate work. Fast order man Strict inspectors are difficult to slice. Slice and find a purchase Money doesn’t know when Must have a reserve fund of at least 3-6 months before receiving money. You should be careful of suppliers who claim to be company officers and ask for long credit.

  1. Customers order 10 knock-down houses as standard work. But we think of the grade of work. General contractor, fixing the work back and forth, no profit left.

Troubleshooting : You have to talk to customers and have a clear construction drawing. because of the customer not the same standard

  1. The customer ordered 2 knock-down houses, it appeared that the contract was sent to the customer for 1 house each, but we put up 2 steel frames at once, made 1 after it was done and delivered. appeared not to pay The last installment of 30% is 60,000 baht.

a bank loan failed to call no answer and you couldn’t find it unable to collect money And there is 1 steel frame left, 40,000 baht.

Solution: The contract must be brought to court. Can’t go in and lift the house out. If a wise consumer reports a criminal case of trespassing and theft, the last installment should not be 30%, it should only be 10% before the last installment. Must be stored before transportation or before installation must be stored first. Do not enter the customer’s land first. Even if the customer said that they would pay, some places dragged on to combine with the last installment. Makes it difficult to deliver work, stressful work.

  1. The customer ordered us to build a house. 4 knock-down houses, project value 1,800,000 baht, a large company It appears that the disbursement period is 2-3 months long, causing the need to reserve a lot of money, increasing liabilities, full OD limit, full body limit. full credit card limit

Troubleshooting : Experience and capital are not thick enough. Do not accept big companies with high value, high work, most big company work, long disbursement period. If you are not ready, you should not accept the job. Getting a general job is more comfortable.

  1. Customers order 22 knock-down houses, valued at 4,500,000 baht.

The contract is divided into 3 installments as follows:

  • 1st installment, contract is completed, pay 30%
  • 2nd installment, pay 40% when the steel frame is completed.
  • 3rd installment, pay 30 % when the installation and delivery of the work is completed.

At that time we had credit with the store. Able to request credit for building materials 1 month in advance, making it possible to accept large projects

Made a contract before 6 houses, no problem. There was a problem when the contract had a higher value, 12 after the payment of 3 installments (delivering the work) for 900,000 baht. The customer delayed paying almost a month. because the customer stumbles about the loan with the bank

Asking for 3 months to pay the last installment of 900,000 baht. So we don’t have money to pay. building materials for shops And the labor cost of technicians, the new job stumbles, the money runs out, loses credit, is in a lot of debt, when paying, asks to deduct 100,000 baht for the guarantee, but after 1 year, there is no problem, this customer refunds the guarantee.

Troubleshooting of the house building company: the project should Divide the work in several installments, 6-10 installments, giving each installment a small value. have a clear contract Do not look after many peaks. The project will be low profit and high risk Because he will focus on the price of many projects with us, but when checking the work is difficult because it is about profits and benefits Must be clear. It’s not a point that you should have. When free, it’s not just one house or two houses. It’s free if you have to get 12 houses. Take the amount of x in. The price is not small at all.

If you’re a first time renter and trying to find properties for rent in Melbourne then it may be worthwhile to speak to an expert. They can help you understand that there are a variety of sizes and price ranges of a place. You can get an expensive or cheap place according to your budget.

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Olha Lammer

Olha Lammer

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