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Builders Fee on Residential House Build

Posted on 8/21/14 at 11:23 am
Posted by crazyLSUfan
LA (Lower Alabama)
Member since Aug 2006
6698 posts
Posted on 8/21/14 at 11:23 am
Does $25,000 builder's fee sound right or excessive for ~2,400 sq. ft. home in Alabama?
Posted by tigeraddict
Baton Rouge
Member since Mar 2007
11794 posts
Posted on 8/21/14 at 11:28 am to
i have seen a lot of 10% fees of late.....
Posted by DirtyMikeandtheBoys
Member since May 2011
19419 posts
Posted on 8/21/14 at 11:29 am to
Seems dumb to charge a flat fee.

I'd try to negotiate a cost plus contract.
Posted by jbgleason
Bailed out of BTR to God's Country
Member since Mar 2012
18895 posts
Posted on 8/21/14 at 11:30 am to
I am interviewing builders and they are all about that 10% fee.

Not sure how I feel about it yet though. Seems like a lot on a build over $200k.

My last realtor had a graduated scale with a fixed percentage up to a certain amount and then lesser percentages as the price went up. That makes sense.
Posted by Kingpenm3
Xanadu
Member since Aug 2011
8958 posts
Posted on 8/21/14 at 11:32 am to
quote:

Does $25,000 builder's fee sound right or excessive for ~2,400 sq. ft. home in Alabama?



It's the divorce fees that will get you when trying to build your own house.

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