Every year, Americans collectively spend more than 6 billion dollars on residential construction projects. Evidently, the home building business is massive.
If you're thinking of entering the industry, that's a great idea! There are tons of opportunities.
But if you're just getting started, it can be confusing and overwhelming. For that reason, we put together this guide all about how to become a home builder.
Check out our 5 tips below.
1. Get an Education
It's not a requirement to have a degree to become a home builder. But, it's becoming more and more useful for contractors to have bachelor's degrees.
Of course, people make it with just a high school diploma, but it's much better to get a college education. That's because in a construction management program, you'll learn all about these topics:
- Construction accounting
- Business law
When you go through this experience, you'll be much more prepared to enter the workforce and to dominate the competition.
Also, keep in mind that your construction education won't just happen in the classroom. You should also learn relevant software programs that are used often in the industry. These include:
- Auto CAD, used for designing homes
- Axios Systems, used for document management
- HCSS HeavyBid, used for project management
- Lombardi Teamworks, used for integrated construction management
And there are many more out there that can be useful, depending on your chosen focus.
Also make sure you're proficient with technology and tools, including levels, computers, scanners, or transmitters.
Last but not least, as you move on in your career, you should continue to educate yourself on industry topics, like high-quality products, including those available from International Granite and Stone. That way you'll stay in the loop and be more marketable.
2. Become Certified
Next, it's important to get certified. Again, this isn't 100% required to become a home builder, but it looks great to potential clients. And it will increase your knowledge of the industry.
There are a couple of main options when it comes to certification programs.
To begin, check out the Certified Construction Manager designation from The Construction Management Association of America. This is one of the most trusted certifications in the construction world.
To qualify, you'll need to meet the experience requirements, take a study course, and pass their exam.
To qualify to take the Associate Constructor exam, you'll need four years of education or experience. If you don't have this, you can also take the exam if you're within one year of graduating from a Construction Management bachelor's program.
The more advanced certification, the Certified Professional Constructor designation, requires the following. First, you'll need to be an Associate Constructor in good standing.
Next, you'll need to have at least four years of experience, with two of the years being in a supervisory or managerial role.
No matter the route you choose, it's a good idea to become certified. If not, you'll lose business to the contractors in your area who are.
3. Obtain a License
It's also important to get licensed. This is what will allow you to work in your designated state.
Depending on the state that you live in, there will be different requirements. So take some time and research the requirements for the state that you plan on working in.
If you plan on working in more than one state, you can take the exam given by the National Association of State Contractors Licensing Agencies (NASCLA). If you pass their exam, your name will be entered into the National Examination Database, making you able to work in any state.
4. Open a Business
It's now important to register your company as a legal business. This will give you the ability to legally perform work in the U.S. It will also set your company up so you can pay your taxes each year.
The great news about the construction industry is that it's one of the easiest places to start a business. That's because startup costs are low.
For example, you don't have to have a lot of full-time staff as you start. You also don't need a storefront. Compared to other industries, it's much more affordable to start a home building business.
As you move forward, make sure you follow sound business practices when it comes to accounting, finding new clients, and signing contracts. Consult a business expert or lawyer if you need help doing these things.
5. Get Experience
Now that you have your education, received certifications, and have set up your business, it's time to get more experience!
Potential clients want to see that you know what you're doing. They want to know that you've done high-quality relevant work in the past.
To get this experience, you just have to start. Begin with small jobs and go from there. Eventually, you'll grow and have a huge portfolio or experience.
The key is to get started. If you wait around, waiting for the golden opportunity to show up, you'll never get there. Start small and your career will continue to grow.
That's How to Become a Home Builder!
There you have it: the complete guide on how to become a home builder. Now that you've read through it, it's time to get started.
If you have questions or want to learn more, contact our team any time. We are here to help!