Table of Contents
- What is Building Permit Data?
- Benefits of Using Building Permit Data
- Useful Construction Lead Generation Sources
- What Datapoints Should Building Permit Data Include?
- How to Find Project Leads Using Building Permit Data
- How Permit Data Informs Strategic Decision-Making
- Overcoming Common Challenges
- What Should Building Permit Data Include?
- Use Building Permit Data to Find Construction Leads in Leading Industries
- Summary
Updated on 10/31/2024.
Every business, particularly construction firms, requires a steady influx of new customers to sustain revenue flow and profitability. Lead generation in the construction business flows from a number of consistent categories, but adding building permit data to these sources will significantly expand your reach into areas you may not have even considered.
Get started with a sample of our weekly edition below.
What is Building Permit Data?
Building permit data refers to the collection of records and information related to building permits issued by municipal governments for various construction projects. These permits are mandatory for any significant building activity, ensuring that all developments comply with local zoning laws, safety standards, and building codes. Building permit data typically includes a wealth of information such as project details, permit types, permit status, project location, project value, project type (residential, commercial, industrial, etc.), and other relevant project information. This data serves as a crucial resource for businesses looking to understand market dynamics and identify potential opportunities in the construction industry.
Related: How to Get Construction Leads.
Benefits of Using Building Permit Data
The benefits of using building permit data are numerous and impactful. For businesses in the construction and real estate industries as well as suppliers, building permit data provides leads, competitor analysis, and valuable insights into market trends. By analyzing this data, businesses can get qualified leads, identify new opportunities, and gain a competitive edge in the market.
Related: Why the Construction Industry Runs on Building Permit Data.
For instance, understanding where new permits are being issued can help businesses target their services to areas with high construction activity. Municipal governments also benefit from building permit data, as it helps them monitor and guide the growth of cities and towns, ensure compliance with building codes and zoning laws, and make data-driven decisions about urban planning and development. This dual benefit underscores the importance of building permit data in fostering a well-regulated and thriving construction environment.
Related: The Importance of Reviewing Projects Even When You’re Busy.
Useful Construction Lead Generation Sources
- Referrals by current customers who recommend you to family, friends and associates
- Referrals from colleagues in the construction business who operate complementary businesses
- Referrals from real estate agencies or other organizations that deal with customers who need construction or renovation services
These proven sources should be part of any construction firm’s lead generation toolbox. However, adding leads derived from verified and constantly updated building permit data will expand your search into profitable new areas and bring you into contact with partners who could significantly broaden your reach.
Related: Is Your Company Highly Invested in a Construction Project Management System?
What Datapoints Should Building Permit Data Include?
To maximize the potential of building permit data, make sure it includes:
Contact Information
Details for contractors, owners, and other important partners involved in the project.
Type of Project
Whether it’s a simple renovation, complete building construction, or specialty project.
Project Location and Address
The exact location to help identify regional trends and project concentrations.
Project Start Date and Permit Number
To track current and upcoming projects, allowing you to target leads when the timing is most favorable.
Project Value
A key indicator of project scale, helping prioritize the most promising opportunities.
How to Find Project Leads Using Building Permit Data
Leveraging building permit data gives access to a wide array of project types, each presenting different business opportunities:
Residential and Commercial Project Leads
Building permits are filed for both residential and commercial projects, providing insight into potential customers across different sectors. Whether it’s single-family homes, apartment complexes, office buildings, or retail spaces, building permit data allows you to target leads based on your specialties.
Related: 4 Steps for Better Residential Bidding.
Solar Project Leads
As solar energy continues to grow in popularity, construction firms specializing in solar installations can find valuable project leads from permits filed for new solar projects. This data can indicate which neighborhoods are adopting solar technology and present potential collaboration opportunities with solar companies.
Related: How to Use Building Permit Data in Your Solar Business.
Swimming Pool Project Leads
Permits filed for swimming pools can help you target high-value residential projects. These are often associated with other luxury renovations, leading to additional business opportunities such as landscaping, outdoor kitchens, or water features.
Related: Can Construction Permit Data Help Your Swimming Pool Business?
How Permit Data Informs Strategic Decision-Making
Building permit data isn’t just for finding leads; it’s also a powerful tool for making informed strategic decisions. Here’s how it can be used to shape your business strategy:
Site Selection
By understanding where new projects are concentrated, you can identify growth areas for business expansion. Tracking permit activity can highlight up-and-coming neighborhoods, allowing you to set up operations in strategic locations to tap into emerging markets.
Data Analysis
Data derived from building permits provides valuable insights that go beyond individual projects. Analyzing trends in this data can help you anticipate market shifts and adjust your strategy accordingly.
Population Growth Trends
Building permits in areas experiencing rapid population growth can indicate a booming housing market or increasing demand for commercial spaces. This data allows you to target projects where growth is accelerating.
Cellular Network Expansion
The rise of new cellular towers and network improvements often requires construction services. Permit data for telecommunications infrastructure can highlight regions where network expansion projects are prevalent, creating opportunities for firms specializing in this area.
Overcoming Common Challenges
Despite the numerous benefits, there are common challenges associated with using building permit data. One of the biggest challenges is accessing and aggregating building permit data from multiple sources, as it can be scattered and difficult to obtain. Additionally, building permit data can sometimes be incomplete, inaccurate, or outdated, leading to incorrect conclusions and decisions.
To overcome these challenges, businesses and municipal governments can use specialized services and platforms like Hubexo that provide access to comprehensive and accurate building permit data. These services often come with tools and expertise to help analyze and interpret the data, ensuring that users can make the most of the information available. By leveraging these resources, businesses can navigate the complexities of building permit data and use it to their advantage.
Related: Construction Industry Technology & Supply Chain Challenges.
What Should Building Permit Data Include?
- Contact information for contractors, owners and other important partners in the project
- Type of project, whether a simple renovation or a complete building construction
- Project location and address
- Project start data and permit number
- Project value
Use Building Permit Data to Find Construction Leads in Leading Industries
- Building materials and fixtures
- Drywall and insulation
- Cabinets and countertops
- Flooring and floor coverings
- Concrete, masonry, and stone products
- Pools and spas
- Electrical, plumbing and HVAC services
- Security services
Related: Using Building Permit Data in a Meaningful Way.
Summary
With reliable, up-to-day building permit data, you can easily establish contact with new companies and expanding players in your local construction industry. You find out exactly who the biggest and most active contractors are and the areas they’re working in. You can also find out what kinds of construction projects are underway in your area and how construction volume changes from month to month.
Hubexo provides in-depth data on building activity in the construction industry, gleaned from building permits filed in areas throughout the country.
Get started with a sample of our weekly edition below.
I am interest in program but, I will cut to the chase, what is the cost??
What will it cost me
I’m very interested in your service. Building Permits are the most credible leads.
need pricing
I am interested to learn construction but how cost it
Pingback: How to Close More Construction Deals – Construction Monitor
I’m interested to be informed about new jobs both residential and commercial(smaller) in Chicago area approved for bidding and want to know how much this will cost me.
Sounds interesting but like the others my questioniscost
I am interested in how much will this cost .
I as well would like to know the cost
I want to make sure that I do everything right when having a new home made. It makes sense that I would need to have a permit! That way I know that I’m taking care of everything legally.
Pingback: Why You Need an Effective Email Follow-up System – Construction Monitor
I am a Licensed Master electrician and a electrical contractor and a former electrical inspector I make sure that all electrical is done right and to current NEC code