Life is not all rosy for developers/builders. Here are some of the risks they are facing as they try to service their customers, meet their contractual obligations, and earn a reasonable profit.
- Too much overhead
- Availability and cost of the land
- Economic conditions
- Sales/marketing expenses
- Minimum sales volume to break even
- Competition - anyone can call himself/herself a building/developer
- Weather condition
- Unreasonable customers'requests
- Customers'personal problems
- Labor conflict/shortage, unpredictible delays mainly on custom product
- Cashflow problems
- Quality issues
- Vandalism/theft
- Mistakes due to too many people involved
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