ClickCease

Why Smart Contractors Follow Multiple Markets

Jennifer Shea

In times of global economic doubt, smart contractors and subs get wide and deep. Subs look for work in their backyard, but also in surrounding areas. Contractors build down the block – and two counties over.

  • Electricians target new housing
  • Concrete contractors seek single-fam for slab work
  • Plumbers are laser focused on residential housing

But accurate, up-to-date, trustworthy permit data tells a different story; the contractors and subs who are growing the fastest right now are not specializing less, they are tracking more opportunities across multiple markets, simply, they are moving to where the work actually is.

Where’s the Work

The market isn’t necessarily softening, it’s fragmenting. If you look at analytics and permit data, you’ll see:

  • Solar – surging in policy-driven states
  • Pool – strong in affluent markets
  • Single Family home – shifting geographically

 This means that opportunities are not shrinking, they are spreading across different project types and regions.

Single-Family is the Foundation

Still the most consistent source of work for subcontractors:

  • High volume
  • Predictable workflows
  • Relationships with builders

Solar Equals High Growth, High Margin

Solar continues to expand – although not evenly across the nation:

  • Growth is often tied to incentives
  • Project timelines are faster moving
  • Include strong demand for electricians and specialty trades

Pool Construction is a High-Value Position Play

Pool projects may be more seasonal and not quite as high-volume, but they punch above their weight in profit margin:

  • High margin installs
  • Strong regional demand
  • Spillover for electrical, plumbing, concrete and landscape contractors

Across segments, the real advantage is data-determined timing – not volume. Instead of competing on price, availability or relationship, try competing on permit data that delivers first mover advantages. Sign up for complimentary leads and see real-time permit activity in your target market.

Related

Top Medical Office Building Types in Development

What is Infrastructure, and Why Should You Know Where It’s Being Built?

The Growing Opportunity for Senior Housing

Missing Out on Incentives? This Hotel Was—Until It Found $42K