​Construction Manager payments

[Andresa Guidelli]

Hi folks,

I am looking to expand my business by providing affordable construction management services to investors located in PA (Philadelphia) and NJ. I will be directly with General Contractor and facilitate the communication among team members. Establishing and managing scheduling, resolving unforeseen construction issues, monitoring the budget and providing weekly updated reports are among the services I am looking to offer. I wanted to pick your brain to better understand the challenges and needs. I really appreciate your input.

Based on your past experience with construction managers:

1. What were the major challenges you faced and what would you do differently?

2. In your opinion, what are the most valuable attributes construction managers brought to the table?

3. Regarding payments, if you were to hire a CM again, what would be your preferredpayment method?

    A. I think it should be a flat fee per house.    B. I think it should be a discounted flat fee for multiple houses.    C. I think it should be a percentage of the construction cost.    D. I think $250 per week per house is a reasonable cost.    E. Payments should be made every 2 weeks.    F. Payment should be divided accordingly o the length of the project (deposit and draws)

   G. Other ______________________

I appreciate your feedback.

Best,

Andresa