Currently Reading

Texas Builder Promises Buyers it Will Stay True to Contractual Prices

Advertisement
Builders

Texas Builder Promises Buyers it Will Stay True to Contractual Prices


July 19, 2021
handshake
Photo: Pormezz | stock.adobe.com

While other home builders have upped the cost of a project amid rising materials costs, one Texas builder said he chose to put his company’s reputation over profit. A homebuyer had worried the stories she heard of builders' rising costs in a "take it or leave it” situation would leave her without a home. Then she received an email from her builder, Bloomfield Homes, promising clients they would honor the prices on their signed contracts. Bloomfield Homes told the Star-Telegram building costs have greatly lessened profits, but their reputation was more important. The builder said it could only do this thanks to strong relationships with its suppliers, subcontractors, and trade partners.

Plus, Dykstra said, the company can still make plenty of profits on homes yet to be placed under contract, which likely will be priced higher than they were a few months ago.

Bloomfield Homes is building in several locations on the western side of the Metroplex, including Fort Worth, Crowley, Justin Mansfield and Godley.

It’s not clear how many other builders are offering their clients a guaranteed price. The Star-Telegram contacted a handful of builders in the North Texas area by phone and email, but didn’t get a response. Those builders included DR Horton, First Texas Homes and Lennar.

A spokeswoman from David Weekley Homes responded to an email, but declined to answer questions about the issue of home prices for buyers under contract.

Read More
 

Related Stories

Built for Rent

PulteGroup to Build 7,500 Single-Family For-Rent Homes

Builder PulteGroup has agreed to construct 7,500 single-family built-for-rent homes over the span of five years for single-family rental company…

Business Management

Berkshire Affiliate Expands into Virginia with Acquisition

Clayton Properties Group, a conglomerate of Berkshire Hathaway, has extended into Virginia via its Mungo Homes brand acquiring Richmond-area…

Housing Giants

2021 Housing Giants List—Builder Rankings by Revenue

Pro Builder's annual Housing Giants list provides a snapshot in time of builders’ perceived opportunities and challenges. This year proved exceptional, with unprecedented challenges stemming from the pandemic

Advertisement
Advertisement

More in Category




Advertisement
Advertisement

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.


Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Subscribe
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.