Need advice of new construction/ subdivision

[Elizabeth Anderson]

Hi everyone I'm Elizabeth Broker in Charge of my small company. I'm seeking advice on how to structure a  relationship with a  residential home builder. I currently have several clients who have listed their vacant land with me. One of my clients wants to start a subdivision and I have found a builder who say he can do spec building on the lot. He gave me the explanation of spec building; but I wanted to get more information from a realtor who have done these types of deals with spec building. I reached out to a few agents via phone in my area put they all seem to be tight lipped about the process flow. If any one can share that would be great.

[Dave Dagostino]

@Elizabeth Anderson subdividing land can become quite complicated depending on the size of the property and conditions. Generally you will need a team of people if it is acreage including a surveyor, civil engineer, environmental professionals, and attorney that do land development. While all these folks do the subdivision the builder and architect along with the owner can begin the process of designing the houses for those lots. Or perhaps the owner sells the lots as a package to a builder and steps out at that point. If the property is a smaller infill property that is being split into 2 or 3 lots it is a bit simpler. I would definitely recommend finding somebody with experience doing subdivisions and asking a lot of questions.