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How Much Does it Cost Remodelers to Do Business?

How Much Does it Cost Remodelers to Do Business?

A newly released NAHB study shows that the average gross profit margin for remodelers rose in 2018 to the highest it has been in nearly 30 years. The findings are included within NAHB’s 2020 edition of the Remodelers’ Cost of Doing Business Study.

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Longtime Member Reaches Record Milestone for Member Recruitment

Filed in Councils & Committees, Membership by on May 7, 2020 17 Comments
Longtime Member Reaches Record Milestone for Member Recruitment

The three most important components in business are: contacts, contacts and more contacts, according to S. Robert August. And he would know: He’s built his business around that mantra, and throughout the last 40 years, he’s recruited or helped retain thousands of NAHB members — more than any other member in the Federation’s history.

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Remodeler Views Membership Among His Biggest Assets

Filed in Awards, Business Management, Membership, Remodelers by on April 28, 2020 1 Comment
Remodeler Views Membership Among His Biggest Assets

After becoming a member, Alan Archuleta quickly realized he will always be able to learn more about this industry and how he can improve his own business. Archuleta’s passion for and commitment to the industry have earned him the NAHB Remodeler of the Month award for April.

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How to Keep Buyer Traffic Flowing Despite COVID-19

How to Keep Buyer Traffic Flowing Despite COVID-19

With prospective buyer traffic severely diminished in the wake of the coronavirus pandemic, home builders must strategically scale back on their advertising investments. An upcoming webinar hosted by NAHB and Do You Convert will help business owners and sales teams determine how and where to adjust their marketing strategies.

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Builders Report Coronavirus a ‘Major Impact’ on Buyer Traffic

Filed in Disaster Response, Economics by on March 26, 2020 1 Comment
Builders Report Coronavirus a ‘Major Impact’ on Buyer Traffic

A recent survey confirmed the coronavirus is having an adverse effect on home builders’ businesses. Among several key aspects, a drop in prospective buyer traffic was, by far, the most widespread issue caused by the illness.

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Remodeler Sees Business Grow Through Steadfast Customer Service

Filed in Awards, Remodelers by on March 24, 2020 0 Comments
Remodeler Sees Business Grow Through Steadfast Customer Service

Maintaining a high level of customer satisfaction is easier said than done, especially for a company that is continually growing. But after working for several years at Southwest Airlines, Richard Lee, co-founder of Lee Brothers Construction in Huntsville, Texas, gained numerous insights on how to keep customers happy while attracting new customers in a highly competitive industry.

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Members Boost Business Through NAHB Councils

Filed in Councils & Committees, Membership by on March 16, 2020 0 Comments
Members Boost Business Through NAHB Councils

NAHB councils offer like-minded members valuable opportunities to network with peers and share ideas. And by catering to a specific interest group of the housing industry, each council helps unify smaller communities within a local HBA.

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Reducing Theft on the Jobsite from Day 1

Filed in Technology by on March 12, 2020 0 Comments
Reducing Theft on the Jobsite from Day 1

Once considered an amenity upgrade, integrated security systems have increasingly become an industry standard for new homes. Not only are they a key feature for the home owners once they move in, but also for the home builders to help secure the jobsite during construction.

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More than 60% of a Home’s Sales Price Goes to Construction Costs

Filed in Economics, Home Building by on March 2, 2020 4 Comments
More than 60% of a Home’s Sales Price Goes to Construction Costs

NAHB’s latest Cost of Construction Survey reveals that 61.1% of the average home sales price consisted of construction costs in 2019, up from 55.6% in 2017 but similar to the 2013 and 2015 breakdowns of 61.7% and 61.8%, respectively.

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Award-Winning Designs for Aging-in-Place Clients

Filed in Awards, Design, Housing Trends, Remodelers by on February 25, 2020 0 Comments
Award-Winning Designs for Aging-in-Place Clients

NAHB Remodelers recently announced the winners of its annual Homes for Life awards. The awards recognize exceptional remodeling projects that effectively incorporate aging-in-place and universal design.

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