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Your Remodeling Company Will Be Better When Women Are Part of the Team

Posted by on Dec 29, 2016 in News

Your Remodeling Company Will Be Better When Women Are Part of the Team Men and women work differently. Combining the two styles helps you benefit from both. By Paul Winans Remodeling and construction typically have employed primarily men. After all, the classic image of a carpenter is a stud in work boots and a tool belt. However, that is not the way things will be in the future and not necessarily the best for a remodeling business. Why? I read an article by Claire Cain Miller about how women govern differently than men. Here are some of the points Miller made: Women are more collaborative than men. That is probably because women tend to listen better. Women interrupt people less. They pay more attention to non-verbal communication than men, getting a better idea of what is being communicated. Women build coalitions and reach consensus more quickly than men. In the long run it is less about “who” had the idea and more about “what” is going to get done. So what does this mean for your remodeling company? Having worked closely with my wife, Nina, for 29 years in our remodeling business, here is what I noticed: Nina had a more objective relationship with our business than I did. That gave her the ability to see what really mattered in the long run, not just right now. Consequently better decisions were made than if I made them on my own. Our points of view were very different. The result was a regular series of dialogues. For example, we met outside the office once a week to share perspectives and provide one another with advice. Yes, I founded the business, but in running it we were equals. Because we were responsible for different aspects of the business, we would meet as two professionals who happened to work at the same company, not as husband and wife. That objectivity made it easier for each of us to hear what the other had to say. Doing this made it more likely that I would listen better to our employees, as they deserved to be interacted with respectfully, too. Our company generally had three to four women and six to seven men, with the ratio varying over time. My life as a remodeler was better the more women there were in our company. The key to you making that so is to treat all those in your company and who your company works for with respect, regardless of their sex. Keep in mind that most buying decisions about remodeling are made by women. If your potential clients see your company employing both women and men, that makes your company the best...

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Builder Confidence Closes Year on a High Note

Posted by on Dec 15, 2016 in News

Builder Confidence Closes Year on a High Note Filed in Economics by NAHB Now on December 15, 2016 • Builder confidence in the market for newly-built single-family homes jumped seven points to a level of 70 on the NAHB/Wells Fargo Housing Market Index (HMI). This is the highest reading since July 2005. “This notable rise in builder sentiment is largely attributable to a post-election bounce, as builders are hopeful that President-elect Trump will follow through on his pledge to cut burdensome regulations that are harming small businesses and housing affordability,” said NAHB Chairman Ed Brady. “This is particularly important, given that a recent NAHB study shows that regulatory costs for home building have increased 29% in the past five years.” “Though this significant increase in builder confidence could be considered an outlier, the fact remains that the economic fundamentals continue to look good for housing,” said NAHB Chief Economist Robert Dietz. “The rise in the HMI is consistent with recent gains for the stock market and consumer confidence. At the same time, builders remain sensitive to rising mortgage rates and continue to deal with shortages of lots and labor.” Derived from a monthly survey that NAHB has been conducting for 30 years, the HMI gauges builder perceptions of single-family home sales and sales expectations for the next six months as “good,” “fair” or “poor.” The survey also asks builders to rate traffic of prospective buyers as “high to very high,” “average” or “low to very low.” Scores for each component are then used to calculate a seasonally adjusted index where any number over 50 indicates that more builders view conditions as good than poor. All three HMI components posted healthy gains in December. The component gauging current sales conditions increased seven points to 76 while the index charting sales expectations in the next six months jumped nine points to 78. Meanwhile, the component measuring buyer traffic rose six points to 53, marking the first time this gauge has topped 50 since October 2005. Looking at the three-month moving averages for regional HMI scores, the Northeast rose six points to 51, the Midwest posted a three-point gain to 61, the South rose one point to 67 and the West registered a two-point gain to 79. View more analysis at this Eye on Housing blog post. HMI tables can be found at nahb.org/hmi. More housing statistics are available at...

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8 Easy Ways to Keep Jobsites Safe

Posted by on Dec 14, 2016 in News

8 Easy Ways to Keep Jobsites Safe Filed in Labor, Safety and Health by NAHBNow on December 14, 2016 • Following these eight rules can help workers steer clear of the most common jobsite hazards and keep construction sites looking neat, professional, and well cared for. Hold mandatory safety meetings at the start of each day so that everyone knows the rules. Keep walkways and stairways clear of trash, debris and materials like tools and supplies to prevent tripping and falls. Pick up boxes, scrap lumber and other materials and put them in a dumpster or trash/debris area to prevent fire and tripping hazards. Provide enough light so workers can see any hazards and prevent accidents. Provide an adequate supply of drinking water and restrooms. Always wear personal protective equipment (e.g., hard hats, goggles, gloves, non-skid work boots). Always maintain three points of contact while ascending or descending a ladder. Take regular breaks to reduce the chance of an accident happening due to exhaustion. For more tips, check out the Jobsite Safety Handbook, 3rd Edition, available for purchase at...

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