What is important to you, is important to us.
At REID, we understand that acquiring and developing real estate involves more than just expertise; it requires an alignment of priorities. We recognize that certain inherent factors can significantly impact your organization, and we prioritize what matters most to you. Our focus on managing critical elements—such as risk, time, cost, communication, and alignment—ensures that we define value effectively and contribute to your overall success.
By adopting a collaborative approach, we guide our clients through every stage of the process to achieve their objectives while remaining mindful of their priorities. Our commitment to understanding your unique needs empowers us to provide valuable insights and implement tailored systems that deliver the right solutions.
With REID by your side, you can rest assured that your priorities are at the forefront of our efforts, allowing you to concentrate on your core business. Trust that we’ll navigate the intricacies of real estate acquisition and development, ensuring a seamless experience that drives success and supports your strategic vision.
Alignment
Our priority is to align the project with your objectives. Real estate can be a considerable cost, therefore it is imperative to know that you are creating the best solution for your organization. We will help you sort through the viability of the project by taking your vision and comparing it with reality. We will analyze key factors to determine if the project is viable, needs to be adjusted, or is unlikely to succeed. We will set you up for success and prevent perilously costly mistakes. REID will provide you with confidence in your pursuit.
Cost
We will minimize cost in every phase of the project, starting with helping you make the right decisions. By partnering with us early, we will work through all options to get you to the right solution, saving capital and operational costs. After determining the right solution, we will identify where else cost savings can be achieved by leading value engineering exercises at each stage. We will lock-in a comprehensive budget, identify potential cost overruns early, and track all costs associated with the project. We will also negotiate favorable prices and payment terms with contractors and suppliers. We will avoid costly delays by managing the construction schedule and will make changes, if necessary, to avoid expensive delays. REID will keep the project within budget.
Time
We are committed to delivering projects on time through expert project planning that outlines critical milestones, ensuring all parties remain aligned. We prioritize streamlined communication, minimizing misunderstandings and enabling swift decision-making. By proactively identifying risks, we implement mitigation strategies to prevent delays. Our resource coordination ensures the right workforce and equipment are available when needed, while efficient permit acquisition reduces project initiation delays. Through effective contractor management and rigorous quality control, we keep tasks on schedule and minimize rework. Our systematic change order management allows for quick adjustments without disrupting timelines. We provide real-time updates and comprehensive reporting, keeping stakeholders informed and engaged. With these strategies, REID saves you precious time.
Communication
Throughout the project, we will serve as the central point of contact, facilitating clear communication between all project participants, including suppliers, consultants, municipalities, utilities, and contractors. We will inform you of progress and any potential issues. This creates trust, promotes better decision-making, and saves you time and frustration by avoiding miscommunication. You don't have to worry about client communication, REID will make certain you are informed.
Risk
Projects can be high-risk endeavors with undesirable events that may originate from a multitude of sources, so it's essential to have adequate policies and procedures in place. We proactively identify potential risks and develop strategies to avoid or minimize their impact. We will help you make the right choices for your project and ensure risks are managed or proper coverage is in place for acts beyond our control. REID can protect you from potential liabilities.