Sell for More Trivia is a weekly blog series that playfully presents a trivia question about commercial real estate.
What Is Design-Build?
Put simply, Design Build means your architect and your general contractor work for the same company.
Traditional Project Delivery
The Owner must manage two separate contracts which all-too-often creates an adversarial relationship between the designer and the contractor.
If something goes wrong or an unforeseen circumstance requires changes, the designer and contractor blame one another for the cost overruns or schedule changes, often leading to litigation and delays which add to the project cost.
Design-Build Project Delivery
The Owner manages only one contract with a single point of responsibility.
The designer and contractor work together from the beginning, as a team, providing unified project recommendations to fit the Owner’s schedule and budget.
Any changes are addressed by the entire team, leading to collaborative problem-solving and innovation, not excuses or blame-shifting.
While single-source contracting is the fundamental difference between design-build and the old ways, equally important is the culture of collaboration inherent in design-build.
Benefits
Design-build saves time and money by encouraging innovation and collaboration.
Once upon a time, design-build was considered an “alternative” way to deliver construction projects. Not anymore. These days, nearly half of all the nation’s projects are delivered using the design-build delivery method.
(FREE PROMOTION) Find out how much your property is worth, for free, before you list it for sale. Get the blueprint to sell your property for the highest price the market will pay (click here)
How to get an unfair advantage. Click here to join Sell for More Club today.
Own a business? 90% of business owners don’t know the market value of their business. If you’re considering selling a business, click here for a free business valuation.
About Beau Beach, MBA CCIM
Beau is a tenacious Commercial Real Estate Broker, author and adoring father of four. His clients appreciate his no-nonsense demeanor and his legendary work ethic.
Beau leads Beachwood which is a commercial real estate broker for sellers in the Nashville, Milwaukee and South Florida markets.
He’s the author of the books The 3 Reasons: Why Most Commercial Properties Don’t Sell and True Wealth: What Every Seller Should Know About 1031 Exchanges.
Beau can be reached at 800-721-3287, click to schedule a call or Beau@soldbybeachwood.com