Effective communication is crucial in property development. This is because property development involves coordinating with various professionals and stakeholders. These professionals play a critical role in the success of a property development project, as they bring their expertise and knowledge to the table.
In order for these professionals to do their job well, clear and effective, communication is necessary. Property developers need to provide direction and convey their requirements to these professionals. It’s also important to know that ongoing communication is necessary to ensure that the project is progressing as planned and to address any issues or changes that may arise. Regular updates, meetings, and discussions with the professionals involved are essential to keep everyone on the same page and ensure that the project stays on track.
In this week’s episode, Bob and Hilary discuss how communicating effectively will impact your property development success. They emphasise the importance of coordinating with professionals such as architects, town planners, engineers, accountants, and lawyers, and how clear communication is necessary for them to do their job well. They also mention the need to provide specific details and direction to professionals based on market research and buyer preferences. So if you are looking to learn how to communicate effectively and want to boost your chances of success, you won’t want to miss this week’s episode.
Episode Highlights:
- Bob’s tip of the day [01:28]
- How poor communication can lead to poor collaboration [02:34]
- Free master class [03:02]
- How communication is important when looking for investors [11:22]
- Is there any part of your property development journey you think you could improve your communication [16:54]
- What are some ways you can improve your communication [20:06]
Throughout the episode, we also touched on Hilary’s new book, 3 Wines In. To learn more click here: http://www.hilarysaxton.com
