Construction and Real Estate
Templeton Solutions helps Construction and Real Estate Industries boost sales, increase productivity, without adding overhead costs
The construction industry, particularly residential home builders, depends on population growth and is linked to interest rates. Construction projects consist of a sequence of planning and execution involving materials, workers, permits, inspections, financing, marketing, the list could go on. To control all the activities and individuals involved with multiple projects, builders use project management software, and many times a web-based communication network for a particular project. Such networks allow the selective sharing of blueprints, schedules, and other documents, and accept field reports of inspections, progress, and difficulties. Read here to learn about a recent Templeton construction client.
Contact Us to learn more about improving your construction and real estate business.
Critical Issues
The demand for housing is highly cyclical and changes rapidly, depending on the economy and interest rates. Additionally, builders bear a risk that changing market conditions will produce lower selling prices than they’d anticipated. Even in markets where prices don’t fall, builders anticipate getting a higher price than they eventually receive. Builders are also vulnerable to varying costs of building materials and land costs.
Making business more predictable and even being in a position to forecast is a luxury few in the construction and real estate industry experience. We have helped those in the industry with these challenging issues .
Key Drivers
Some of the larger companies in the industry have chosen to diversify their offerings, and branch out into related fields of manufactured housing, construction materials, commercial construction, mortgages, and insurance.
The industry is increasingly becoming savvier as it pertains to Internet marketing. They are realizing that they can improve traffic to builder sales centers, increase conversion rates and improve customer satisfaction by staying connected with customers throughout the entire home ownership cycle. Even on-site project communications is trending upward.
Contact Us to learn more about improving your construction and real estate business.
Construction and Real Estate Companies Benefit from Templeton Solutions
Overall management
-
Maintain consistent, accurate communication with customers.
-
Provide a single point of contact with each customer.
-
Create and track proposals and contracts.
-
Quickly adjust business strategy for maximum performance.
-
Provide project owners with access to key data.
-
Create targeted sales strategies.
Project management
-
Track revenue and expenses from the initial budget through project closure without waiting for the accounting period to close.
-
Streamline routine office tasks with automation.
-
Improve communications between management and job site.
-
Determine the impact of change orders.
Forecasting
-
Create project, materials, and service management models.
-
Spot and monitor trends.
-
Inform your decision making.
.
Download Key Performance Indicators Drive Best Practices for General Contractors white paper.