
Construction and Real Estate
Templeton & Company has built a rich tradition helping clients in the construction and real estate industries in the Southeastern U.S. We have helped our clients manage their rapid growth and success. We also have assisted our clients with our thorough understanding of their greatest needs and concerns regarding project management, state and local regulations, bonding and surety relationships, tax compliance, job cost estimation and accumulation and percentage-of-completion accounting.
Critical Issues
The demand for housing is highly cyclical and changes rapidly, depending on the economy and interest rates. Additionally, builders bear a risk that changing market conditions will produce lower selling prices than they’d anticipated. Even in markets where prices don’t fall, builders anticipate getting a higher price than they eventually receive. Builders are also vulnerable to varying costs of building materials and land costs.
Making business more predictable and even being in a position to forecast is a luxury few in the construction and real estate industry experience. We have helped those in the industry with these challenging issues .
Key Drivers
Some of the larger companies in the industry have chosen to diversify their offerings, and branch out into related fields of manufactured housing, construction materials, commercial construction, mortgages, and insurance.
The industry is increasingly becoming savvier as it pertains to Internet marketing. They are realizing that they can improve traffic to builder sales centers, increase conversion rates and improve customer satisfaction by staying connected with customers throughout the entire home ownership cycle. Even on-site project communications is trending upward.
How Construction and Real Estate Companies Benefit from Templeton & Company