"Buyers searching for land to build a home on may find involving a residential architect early on to be a wise move, according to the American Institute of Architects. The architect can help evaluate the pros and cons of a location that an inexperienced buyer might overlook, such as whether a site is big enough to accommodate the home they want or whether a neighbor’s right-to-a-view will preclude building 12-foot ceilings. Here are some tips for getting the most out of the decision to involve an architect:
- Choose an architect who listens. If the architect doesn’t appear to be paying attention during the initial interactions, find somebody else.
- Bring visuals. Showing the architect pictures from books and magazines is more effective than trying to explain.
- Talk money upfront. Most architects charge by the hour in the concept stage and then a percentage of building costs. Flat fees are only appropriate for very small projects. For projects costing $1.5 million plus, expect fees to range from 12 percent to 18 percent, says James P. Cramer, chair of Greenway Group, a design-industry consulting firm.
- Consider hiring the architect to supervise the project. This can be expensive, but it can also prevent a lot of headaches later." Source: The Wall Street Journal, Sara Lin (01/25/2008)
For the Realtor Magazine Online article: http://www.realtor.org/RMODaily.nsf/pages/News2008031206?OpenDocument
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