The Developer Making the Property and Construction Industries More Collaborative
Published by The Landsite -
The pandemic has highlighted the importance of communication and familiarity. This is particularly true in the construction sector; as collaboration needs to be at the forefront of every project. As we continue to navigate our journey out of the pandemic, it's never been more important for the construction industry to work collaboratively.
One man who is helping the industry work better together is Ramsey Assal, Founder and CEO of The Landsite. Through his experiences as a property developer, Ramsey was becoming frustrated at the hurdles in finding reliable industry professionals. Realising the lack of both networking opportunities and tech to facilitate construction and property professionals connecting, he used his knowledge to create The Landsite, the UK's first property and construction marketplace.
This site brings together professionals and businesses from all corners of the industry. Investors can connect with developers, land acquisition specialists, and contractors in an easy, and most importantly, swift manner. With the aim of both encouraging and facilitating new business opportunities, The Landsite is rapidly becoming the 'go to' digital destination for construction and property specialists alike.
This kind of platform holds a key place in the construction industries pandemic recovery plan. It is no doubt going to be crucial in helping professionals reconnect and helping projects surpass the standards they were meeting prior to the pandemic. With this in mind, Ramsey has shared some of the benefits he has found offer a more collaborative approach for the industry.
A Networking-Based Approach Helps Mitigate Potential Crises
As we all know, often projects are stressful and fast-paced. There are few industries where the term ‘deadline’ is bandied around quite as much as it is within the property sector. The obvious solution would simply be to plan the project and source for the professionals you need, months in advance. Best made plans, however, often go awry.
One of the worst feelings is being left in the lurch when someone, on whose services you were heavily reliant, falls through. Project managers in particular face this issue. As a result, problem-solving is a more prominent job characteristic than they would perhaps like it to be. Being able to quickly get in touch with the ideal contractor eliminates this issue. Networking of any kind, but particularly online, means you can build relationships with other industry professionals and contacting them is accessible should you need assistance quickly.
Collaboration Fosters Stronger Relationships
The property industry is one grounded in trust; confidence both between the client and the contractor, and indeed between contractors themselves. The more trust placed in one another, the smoother a project will invariably run.
To use an example, if as a property developer, you once had a particularly bad experience with a building contractor, then this may instil a weariness and hesitancy in the future. Where your plans may once have been ambitious, they now become cautious, and you don’t aim for what you perhaps could. Rock-solid relationships however, the kind in which you know your contractor will deliver time and time again, enable property developers to push their standards as high as they can.
Of course, established relationships aren’t built overnight. However, using a trusted source for your contractors in the first instance greatly improves your chances of developing such a relationship. The Landsite helps property businesses establish a list of contacts that they can trust, and with whom they can push to the very limits or margins on a project, rather than holding back on account of caution.
Don’t Settle For Less Than You Have To
Competition stimulates higher standards, that’s a universal fact and not something unique to the property industry. Pooling competitors into one collaborative platform does two major things. Initially it enables property professionals to communicate with one another, to network in the way that they would at trade fairs pre-pandemic.
However, it also encourages competitors to ‘up their game,’ as on a platform like The Landsite, they’re being listed side-by-side with their competitors. The property industry benefits from such collaborative opportunities, because the healthier the sector is, as a whole, the more that will feed back into the individual players that encompass said trade. In other words, collaboration encourages a more dynamic and energised market, one in which industry-leaders only stay as such if they don’t rest on their laurels. That can only be a good thing.
Recent events have put the property and construction industries in a turbulent and precarious position. In fact, it’s been found that around 40% of construction companies believe they could fail in the wake of the virus.
A stronger sense of community has never been more important than now, in this period of post pandemic instability. Platforms such as The Landsite make it much easier for property professionals to benefit from each other’s services. As an architect, builder, land manager, or estate agent; it very much feels, at the moment, like you’re a lone dinghy floating out in the ocean. With other professionals by your side, the water becomes calmer.
Collaboration in the property industry enables several things; a streamlining of processes, greater project fluidity, and the ability for projects to ultimately be delivered to a higher standard. The Landsite helps pool these separate resources together, providing a platform on which property professionals can forge meaningful connections, without having to wade through Google, and the resultant poor choices, for hours on end.
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