Determine the level of reliability of the developer


Determine the level of reliability of the developer


So, how to determine the level of reliability of the developer. The real estate professionals identify a number of factors that directly affect the reliability of the construction company.

A reputable Builder is easy to determine. The reliability of any construction company, as well as the timeliness of the implementation of an it project depends on external and internal factors.

The internal factors considered availability of stable sources of financing the construction and membership of an enterprise group of companies, i.e. the ability to obtain financial assistance from members of the group. According to the head of corporate ratings Agency "Credit-Rating" Alexey Cernotova, it is also the experience and the timing of delivery of objects in operation-based construction company. This speaks to the ability of the company to effectively organize the construction process. Finally, the internal factors include the degree of readiness of construction at the time of entry of the investment into the project. To the other not less important internal factors our real estate expert attributed the magnitude of the construction project, and the number of projects that the company implements at the same time. A good sign is adequate and the debt load of the company, and restrained policy of attracting incremental credit resources, and availability of all land and permits necessary to conduct construction projects.

The external factors of construction, according to Alexei Cernotova include insufficient legal support of construction companies in General, and the risk of default by Contracting organizations who are involved in construction projects.

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