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FAQs

Real estate developers manage the creation and construction of new properties, handling everything from land acquisition and zoning to design and building. Real estate agents facilitate the buying, selling, and leasing of existing properties or newly built homes once they are ready for the market.
  • Lower initial pricing: Properties purchased before or during construction are often priced lower than completed homes.
  • Customization choices: Buyers can frequently choose their own finishes, layouts, flooring, and color palettes.
  • Modern building standards: New builds incorporate the latest energy-efficient technologies, materials, and construction codes.
  • Market research: Analyzing economic growth, employment rates, and population trends in the target area.
  • Infrastructure proximity: Choosing sites close to major highways, public transit hubs, and essential amenities.
  • Community demand: Identifying neighborhoods with a high demand for housing but a low supply of modern developments.
  • Materials and workmanship: Covers minor defects in finishes, doors, and drywall, usually for the first year.
  • Mechanical systems: Protects major systems like plumbing, electrical, and HVAC, typically for two years.
  • Structural integrity: Covers major structural defects in the foundation and frame, often lasting up to seven or ten years.
  • Planning and zoning: Securing permits, architectural designs, and environmental approvals takes 6 to 12 months.
  • Construction phase: The actual physical building of a residential or commercial structure takes 12 to 24 months.
  • Final closing: Final inspections, occupancy permits, and handing over the keys takes 1 to 3 months.