Assembling Your Team

Although you may see putting together a team of professionals for your real estate project as a costly and unnecessary expense, in reality it can be the smartest investment you make beyond the investment in the property itself. Strongly consider any or all of the following professionals to help you make the most of your investment project. I am and have been very careful with my team selection. I started my business by aligning myself with a great architect and that relationship has lasted for more than twenty years. I know that the way my team collaborates is instrumental in the outcome of any project I undertake. Your team should include an architect, interior designer, general contractor, landscape architect, engineers, and appropriate subcontractors. Your architect and general contractor will usually recommend engineers and subcontractors with whom they work, but it never hurts to have a few in your back pocket.

How to Select Your TEam

1. Interview. Ask the tough design questions, but also try to get to know the person to understand how he or she works.

2.Conversations with references. Ask about the outcome of the project, but also listen for clues about work habits and service philosophy. Always ask the question: "Would you hire this person again?"

3. Site visits to similar projects. Visit and view the end result to assess if the final product lives up to the words.

4.Willingness. How willing is this person to work holistically to achieve a common goal, that is, a profitable product that sells quickly and easily? If a potential team member balks at the collaborative approach, it may be best to move on.

Assemble your team right at the start because early involvement will benefit both the process and the outcome. Delivering value is key, so the sooner the team is assembled, the sooner everyone can begin contributing. The earlier in the process those ideas surface, the more likely it will be that they can be implemented.

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