Learn to manage client price expectation

Hey folks, A common challenge arises with unrealistic budget expectations. Architects and builders often face difficulties aligning these expectations with the actual project cost, resulting in frustration and disappointment. However, there are potential solutions to overcome this issue and ensure a smoother and more enjoyable process for all parties involved. By addressing this topic head-on, we can explore strategies and approaches to bridge the gap between budget expectations and project realities, fostering better collaboration and successful outcomes.

Guess what? We have a special guest joining us today, none other than Richard Armstrong! Richard is the brains behind ProCalc, an incredible tool designed to help bridge the gap between architects, builders, and accurate cost estimations. With years of experience in the industry, Richard has witnessed the challenges faced by both architects and builders when it comes to managing client price expectations. His insights and expertise will shed light on how collaboration and effective communication can pave the way for successful projects.

Key Takeaways:

• Builders and architects often face challenges due to unrealistic budget expectations from prospects.
• Collaboration between builders and architects is crucial for successful projects
• Respect and trust are essential in maintaining a positive builder-architect relationship
• Effective communication and understanding of design intent are key to delivering a quality client experience
• Early collaboration and cost feasibility assessments can help align expectations and avoid disappointments
• Developing systems and processes to meet architects' needs can lead to long-term partnerships and referrals
• Prioritize building long-term relationships with architects by consistently meeting their needs and exceeding expectations

All this and more, on this week’s episode of THE TOOLSHED.

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Stay tuned for more episodes because we will be talking to more key figures, who are contributing to the industry. So, don’t forget to subscribe to the show to get that episode as soon it gets released. Until then, stay healthy.

Links:

https://procalc.com.au/builders/

ProCalc.com.au