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Custom Builder
United States
Приєднався 17 вер 2018
Custom Builder Online (custombuilderonline.com) is the premier source of ideas, trends, and best practices for custom home builders and design+build firms serving that realm. We offer expert insights and opinions about the business of custom home building, including design, customer service, construction quality, marketing and sales.
What's Happening in the Custom Building Market Today? (And How to Capture Clients)
In this episode of Taking Care of Business, host Duane Johns interviews Grant Farnsworth, president of the Farnsworth Group, a home improvement market research firm (www.thefarnsworthgroup.com/). Johns and Farnsworth discuss current trends in the home building industry, focusing on changing client behaviors, market challenges, and strategies for custom builders to adapt to evolving consumer needs. Farnsworth shares insights on market dynamics, affordability issues, and the impact of generational shifts on home buying patterns.
Timestamps:
0:00 - Introduction and background of Grant Farnsworth
3:42 - Impact of COVID-19 and demographic shifts on the industry
5:48 - Discussion on housing supply and demand challenges
8:04 - Analysis of home equity and its effect on the market
10:34 - Changing perceptions of Millennial homebuyers
13:51 - The importance of online research for homebuyers
16:19 - Evolving client behaviors and budget sensitivity
21:22 - Post-COVID shift in homeowner perspectives
24:58 - Communication challenges between contractors and homeowners
27:33 - Preparing for future client behaviors and demographics
30:50 - Adapting to different communication preferences across generations
32:25 - Industry outlook for the next 6-12 months
34:29 - The return of competition in the market
Want to listen to more TCB? Head to custombuilderonline.com
Timestamps:
0:00 - Introduction and background of Grant Farnsworth
3:42 - Impact of COVID-19 and demographic shifts on the industry
5:48 - Discussion on housing supply and demand challenges
8:04 - Analysis of home equity and its effect on the market
10:34 - Changing perceptions of Millennial homebuyers
13:51 - The importance of online research for homebuyers
16:19 - Evolving client behaviors and budget sensitivity
21:22 - Post-COVID shift in homeowner perspectives
24:58 - Communication challenges between contractors and homeowners
27:33 - Preparing for future client behaviors and demographics
30:50 - Adapting to different communication preferences across generations
32:25 - Industry outlook for the next 6-12 months
34:29 - The return of competition in the market
Want to listen to more TCB? Head to custombuilderonline.com
Переглядів: 44
Відео
Taking Care of Business: Getting Real About Getting Green
Переглядів 952 місяці тому
Taking Care of Business is a video series in which host Duane Johns-a remodeler, builder, developer, coach, consultant, and co-host of the popular Builder Nuggets podcast-sits down with industry experts to get deep into some of custom building’s most top-of-mind topics. In this episode, Johns interviews Stephen Pallrand, president of the design-build firm Home Front Build and founder of Carbon ...
What To Do About Construction Waste?
Переглядів 642 місяці тому
Experts Wayne Turett, Tracey Stephens, and Steve Pallrand discuss the issue of construction waste and how to reduce that waste stream through smart planning, clever recycling and reuse programs, and advising clients about product selection.
Insulating the Underside of an Elevated Home
Переглядів 3174 місяці тому
Having a raised foundation in Chicago's North Shore comes with a number of weatherization challenges that our builder, Michael Freiburger, and his team at NEWLOOK Design | Build Development are more than happy and more than capable to outthink. This particular challenge: keeping the underside of the home from freezing during the city's notoriously biting winter months. Learn more at pbnewlookex...
Leadership Advice: Maintaining Clarity and Focus
Переглядів 145 місяців тому
So you've found your business's vision. How do you make sure leadership and staff stay focused and your vision remain clear? In this Taking Care of Business Segment, host Duane Johns asks expert coach and trainer Scott Beebe on how he maintains clarity and focus among his team. Beebe's answer does not disappoint.
Advice on Leadership: How Can Custom Builders Check Themselves as Leaders?
Переглядів 75 місяців тому
Complacency is the enemy of leadership-that is true in every business including custom building. So how can leaders make sure to keep themselves in check? That is the question expert coach and trainer Scott Beebe answers in this segment of Taking Care of Business, hosted by Duane Johns.
The Importance of Vision: "Your Product Is Your Process"
Переглядів 95 місяців тому
Talk to your lead carpenter about vision and they're likely, and for good reason, to bring up craftsmanship. Some owners might think those are two separate conversations, but in this Taking Care of Business segment, expert coach and trainer Scott Beebe explains to host Duane Johns why these conversations are, in fact, one in the same.
Building a Business Vision: Should Staff Have Influence?
Переглядів 35 місяців тому
Vision can be the difference between a custom building business's success and failure-especially when thinking long-term. Vision can be a guide in uncertain times and a motivator when things are slow. It can be what invigorates staff and empowers leadership. But who determines vision? Should ownership be the sole decider, or does staff need to be let in on the process? In this Taking Care of Bu...
Insulating Plumbing for an Elevated House
Переглядів 6045 місяців тому
The NEWLOOK Experience IDEA Home is unlike any other. Built on concrete pillars grounded by helical piers, the home requires plumbing to span the distance between the ground and the home's elevated foundation. The problem is that Midwestern winters are cruel and without the proper care those utility lines will freeze. Thankfully, our builder Michael Freiburger knows what he's doing.
Why Start a Custom Building Business?
Переглядів 1036 місяців тому
So many business owners are so eager to start their business that they don't ever take the time to answer "the why." Why are they starting their business at all? Is it to build the best business they can? To provide for their family? To create jobs? There are plenty of reasons to start, but if you jump head first without thinking you could end up with a mission-less business that loses it's ste...
The Five Foundational Cornerstones of Business Ownership
Переглядів 547 місяців тому
In this clip from the latest episode of Taking Care of Business, guest Scott Beebe, head coach and founder of My Business on Purpose, shares his Five Foundational Cornerstones that every good business should have.
Start With the Why: Fundamentals of the Custom Builder Business
Переглядів 1067 місяців тому
In our inaugural episode of Taking Care of Business, builder, remodeler, coach and consultant Duane Johns sat down with Scott Beebe, head coach and founder of My Business on Purpose, to talk business fundamentals-specifically, they talked about "the why." Why start a business at all? What's the vision, the goal, the mission? These are simple and foundational questions-the answers of which can a...
Crazy Facts About the NEWLOOK Experience Home
Переглядів 2247 місяців тому
The NEWLOOK Experience Home-an 8,000-plus-square-foot home being built on a floodplain, in a floodway, encompassing an isolated wetlands-is an ambitious/wild build for a lot of reasons. But here are crazy facts about the structure that really help put it into perspective.
Can Heat Pumps Perform in Cold Weather?
Переглядів 4249 місяців тому
Can heat pumps perform in cold weather? The answer is yes, and also no. We spoke with experts from the Rocky Mountain Institute and Building Decarbonization Coalition to get clarity on just how well heat pumps perform in colder temperatures, and how contractors can be certain they're installing the right product.
What Are Heat Pumps and How Do They Work So Well?
Переглядів 1529 місяців тому
In a conversation with Matt Rusteika (Building Decarbonization Coalition) and Russell Unger (Rocky Mountain Institute) we get, in simple terms, a better understanding of both what heat pumps are and how they work so efficiently.
The What, Why, and How of Widespread Heat Pump Adoption
Переглядів 1409 місяців тому
The What, Why, and How of Widespread Heat Pump Adoption
Steel On Concrete: Making Sure Everything Fits Right
Переглядів 5759 місяців тому
Steel On Concrete: Making Sure Everything Fits Right
Talking Home Building Sales and Marketing with Jeff Shore
Переглядів 5911 місяців тому
Talking Home Building Sales and Marketing with Jeff Shore
From Design to Details: Keeler Brass Company and Monogram's Hardware Collaboration
Переглядів 29Рік тому
From Design to Details: Keeler Brass Company and Monogram's Hardware Collaboration
Managing Moisture in a Foundation Built on a Floodplain
Переглядів 75Рік тому
Managing Moisture in a Foundation Built on a Floodplain
Effective Retraining: Brevity, Levity, and Relevance
Переглядів 7Рік тому
Effective Retraining: Brevity, Levity, and Relevance
Building a Foundation on a Floodplain
Переглядів 2,2 тис.Рік тому
Building a Foundation on a Floodplain
Industry Advisor Talks Chief Staff Challenges in 2023 and Beyond, From Culture to Remote Work
Переглядів 5Рік тому
Industry Advisor Talks Chief Staff Challenges in 2023 and Beyond, From Culture to Remote Work
Building a Staff for an Uncertain Future, From Onboarding to Training to Leadership
Переглядів 26Рік тому
Building a Staff for an Uncertain Future, From Onboarding to Training to Leadership
Breaking into high-end, custom home design
Переглядів 16Рік тому
Breaking into high-end, custom home design
Interested in new cabinet doors by WoodMode!
Thank you very much.🌹
Fun Facts: Love for LA: Steve adores the mix of architectural styles in Los Angeles, from mid-century modern to Spanish revivals. Green Journey: What started as a passion for restoring homes sustainably turned into creating Carbon Shack. Eco Educator: Steve loves teaching clients about sustainable choices, like heat pump water heaters and solar energy. Down-to-Earth: It’s all about making smart, green choices that fit within your budget. Team Spirit: Steve believes in the power of collaboration, blending old-school craftsmanship with modern eco practices.
Who was the installer who did that great ductwork ?
350 k deficit that’s way to big of a loss
Your profit margins are toooo low for million dollar homes bro
05 was just before the recession in 08
👍
👏🏻👏🏻👏🏻👏🏻👏🏻👏🏻
Nice work. So many of these concrete surface piers have 2-3 helical piers driven into the ground?
Thumbs down, all talk, no show.
Would have been nice if you provided a hotlink or brand name suggestion.
Heat pumps equal blowing air. Not ideal.. This is why millions prefer hot water baseboard and radiant floor systems
Most UK heat pump installations are air source water pump heaters, so the heat exchanger pulls the heat from the air, but uses that to heat water and underfloor heating. No air blowing inside.
Great details. Thanks for explaining.
That dead look in his eyes says all you really need to know...
*Promo sm* 👏
I love how the window is out of square with the siding...
I had a great time sitting down with James McClister to talk about all things homebuilding on 2023!
there are led lights on top of the knobs can we turn those off
Does this work with any brand of vinyl window? Or replacement windows
Why is there no examples of what it looks like in a paint job?
very nice, i could do without the sous vide, but love the gas/inductiion range top. hopefully they make that combo someday
What provides Heat when in defrost mode?
My heart sunk when Wood-Mode closed their doors in 2019. My first house I built had Wood-Mode cabinetry in , that held up like iron. Now in 2022 , I'm about to put in an order for a whole house remodel using Wood-mode contemporary Vanguard Birdseye maple veneer cabinets. I can't wait to see the finish product ! This company IS AMAZING to deal with. During my process of designing the kitchen , I could pick up the phone and talk to a human being in seconds who is over the top friendly and will get the answers I need. This company is homegrown in the middle of rural central Pennsylvania. It could not be any more family run and customer oriented. Bless this man, Bill French : for saving this company and so many jobs !
Thank you for this video! Very very helpful 🙏🏼♥️
Risinger was too high in the residential asset class, which ultimately caused the dramatic price fluxation he experienced.
🌈 𝙥𝙧𝙤𝙢𝙤𝙨𝙢
I would expect a $15k range to go over 550F. Cooking pizzas at home is a thing, you know...
If you bought and scraped for a 1M home and only made 50k GROSS on the whole thing... you don't know your numbers and have a lot to learn about investing in capital assets.
ᑭяỖmo𝓼𝐦 🌟
I also started my own business when my first child was born. That time for them is so critical.
Watch the full video here: ua-cam.com/video/IGJzVEkBmpQ/v-deo.html
please take the time and fix your audio before you upload.
Just finished a trim job in Washington Nc this week using those same nailers, I have dewalt batteries they work with this nailers, With a little modification to the nailer and boomshakalaka ready to fire 🔥
How do these people have time to do all this "innovation," but my windows are crappy and poorly made. My patio doors came in but no frame, or handles... but we been waiting since November. Please Plygem focus on your WORKERS, CRAFTMENSHIP AND customer service at the distributor level. This process is horrible 😫.
The flo coat would not sit like he says, it definitely bubbled out and aerated to the point where the surface trying to look like mars
It was a cool thing to be a part of!
The public thinks all homebuilders are millionaires, 50% of the consumers think we are crooks "some are", trade guys feel we are a check cashing machines and honestly the banks love because we turn over assets so quick assuming that we finish on time but at the end of the day we are no different than any other person who should be in love with what we do... I am a BUILD show fanatic and Matt is my digital mentor as well as others. Thanks for your transparency and your guidance we appreciate your love for the craft and your business acumen!!!
Even in Canada the minimum vacation is 2 weeks or 4% of pay. So for your previous employer to be offering you only 3% to give up a vacation was not a pay increase but decrease.
Wow I just learned so much! Much appreciated
So the company wanted him to work unendingly OR get a raise that doesn't even cover inflation... sounds to me like the company only wants serfs and doesn't deserve any return business.
That whole exchange deal, they were trying to screw Matt. Bottom line.
If that company had made him a partner, they would both have done well. Employees are an asset; not a liability.
They blew that one, didn't they !
First and second mortgage as well as a balloon for him to do anything for you.he isn't living in the same universe we live in .
What a great video. It is a complete mystery to me as to why builders build. Risk reward yikes. Not to mention I would have ulcers at best. I have heard many similar stories over the years. I suppose we are lucky some see it as an avocation I cannot imagine another reason for this career choice.
Why ? For times like these -spec house in places like austin are selling for like 30% over asking and builders are making more than 20% profit on houses > $1,500,000, …I’m sure Matt will concede hes doing very well now.
@@johnwhite2576 Just imagine what realtors and bankers are making without buying or picking up a tool. With zero risk as they will be bailed out if things do not go well. Not to say these people don’t work hard but I bet they don’t lose as much sleep as the contractor
Some people love to build. and if you know your market and remember your numbers you can make a good living.
Why wasn't any of that nice, shiny, metal ductwork insulated?
Perhaps they're in the conditioned space?
Is this a podcast? Looking for new podcasts about building science
I’d love to have Matt build a house for me but I probably can’t afford him.
I can relate. In 2008 I paid a customer 22k to finish the lower level on a 265k home I sold them for 235. A person can only take so much of that. God bless the lucky ones who keep falling into piles of money every time they turn around. It just never was that way for me.
Where can I find the full interview?