David Reid Homes
Homes, we don’t chop and change suppliers all the time. We’re not a cheap builder, so we’re selective with the product we use. And it’s very upmarket. We have fantastic suppliers and they really support us and help this business go forward. We create those relationships and try to keep them in place. We’re not a volume builder, we built around 180 homes last year and our average price was about $750,000. But the sheer size of our homes (one with eight bathrooms!) could add up to three or four of some other builders’ smaller, less expensive homes. I must say, we do build some beauties all over Australia. “The business is really starting to grow and we’re getting a great reputation. Over the next three to four years, I expect the company to double in size. We’ve found our niche market, not with a first home buyer, but with a third, fourth and fifth, and our product is exceptional. I’m very passionate about what I do, and looking to the future I would like to think that some of these young franchisees are still on board and taking the company to the fore and moving it forward. They’re what’s making the company grow. You don’t need a lot of staff when you’ve got great franchisees, but the staff I do have is amazing. It’s so rewarding, one thing you can’t teach is passion – it’s not about the money, you’ve got to believe in what you do and believe in your builders. And I do believe in each and every one of them. They go out and do their very best and no one can ask for anything more.” DAV ID RE ID HOMES
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