“7 Houses a day”: Seattle Times on Quadrant Homes’ discipline
The Seattle Times recently described the discipline of “the No. 2 homebuilder nationally in gross margin, sixth by pretax earnings and 15th in closing volume and revenue.” (Here’s the link to a web-based version at HousingZone.com and here’s the original pdf.)
Some notable excerpts: “Quadrant’s goal was to begin the permitting and building process only when the house had been sold, and to move quickly to complete it…Quadrant began with a 63-day timetable. Now it takes 54 working days to complete a house. Ten years ago, Quadrant started one house per day; now it starts seven, a number unchanged by the national downturn.”
Quadrant’s acumen radiates beyond the construction process. Quadrant was recently recognized by the Puget Sound Business Journal as one of 2007’s best Washington workplaces.
Click here to read more about Quadrant’s values (as described in the image above).