Elite Built Homes Uses MiTek s BuilderMT PlanServices For Lightning Fast Turns on Architectural Plan Drafting

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1 Elite Built Homes Uses MiTek s BuilderMT PlanServices For Lightning Fast Turns on Architectural Plan Drafting With PlanServices, Elite Built Homes Moves From Taking a Week+ to Process a Lot-Specific Plan Set to One Day Turnaround, Saving 1,050 Days Each Year in Architectural Drafting Services MITEK ELITE BUILT HOMES CASE STUDY 2018

2 CASE STUDY PAGE 2 ELITE BUILT HOMES: EXECUTIVE SUMMARY Even with a team of five in architectural services, Elite Built Homes was taking a week (and sometimes weeks) to process a plan set to create a lotspecific permit set. This slow turnaround time delayed construction, which pushed out closings Elite Built Homes brought in MiTek s BuilderMT PlanServices and is saving 1,050 days each year in architectural drafting services, while phasing out inhouse personnel and outsource contract labor, totaling five FTEs. PlanServices is an outsource provider of drafting; BIM services, estimating services and red lines. PlanServices now turns plans around in one day that used to take us a week or more to process as lot-specifics. Elite Built Homes is a classic growth success story. Just five years ago, Elite Built Homes started just 40 homes. The Kentucky-based builder then entered a growth spurt. In 2017, the company started 150 homes, and in 2018 they expect 175 homes to come out of the ground. We are now building in 10 communities, said Geoff Scholl, Elite Built Homes Director of Purchasing. To run our operations, we have 50 employees, and sub out much of our work. As we have grown, we have made constant strides to modernize and streamline our operations. And that includes our drafting services. In our plan library, we have ten base models. However, like any competitive home builder today, we offer hundreds of options. When you calculate the options, optionson-options, and the options rules, you can quickly escalate into a complicated data management challenge to track all these options and generate lot-specific plan sets, Scholl said. We recently started taking a hard look at our in-house architecture, plan drafting processes and personnel, where we had five total people, including two in-house and three outsiders.

3 CASE STUDY PAGE 3 ELITE BUILT HOMES: BY THE NUMBERS KENTUCKY BASED BUILDER HOUSING STARTS HOMES HOUSING STARTS HOMES ELITE BUILT HOMES HAS 50 EMPLOYEES CURRENTLY BUILDING IN 10 COMMUNITIES ELITE ALSO SUBS OUT WORK TO CONRACTORS LIBRARY OF TEN BASE MODELS WITH HUNDREDS OF CUSTOM OPTIONS

4 CASE STUDY PAGE 4 Plan processing that used to take a week (and sometimes weeks) now can take as little as a day. GEOFF SCHOLL, DIRECTOR OF PURCHASING AT ELITE BUILT HOMES We typically create a lot-specific plan set for every one of our starts. In 2018, that means 175 plans sets have to be created, Scholl explained. Of course, we work from our base plan library, but with the options that buyers have access to, every single home is different, and each base plan has to be modified. As the house is optioned and gets closer to breaking ground, there is the potential for red lines, which need to be incorporated into the plan sets that get distributed to our trades and crews.

5 CASE STUDY PAGE 5 With BuilderMT PlanServices, we saw an immediate reduction in the turnaround time of our plan drafting and processing, and now we have no employees or other contractors working on our plans. BUILDERMT PLANSERVICES TO THE RESCUE To bring faster turn-around to our drafting process, we brought in MiTek s BuilderMT PlanServices to service as an outsource provider of architectural and plan drafting services. This is for two reasons: One, they would be faster in turning plans around, and two, we would save money, Scholl said. Elite Built Homes already uses other MiTek solutions, including BuilderMT WMS for workflow management, and Sales Simplicity for sales process automation, so that addition of PlanServices was a natural extension of already existing MiTek solutions. In a nutshell, PlanServices is an outsource provider of a full range of home building estimating, architectural, and plan-drafting services. With turnaround times measured sometimes in hours, BuilderMT PlanServices accesses hundreds of MiTek drafters to offer a) Drafting, both 2D and 3D; b) BIM services, including creation of master models and lot-specific plan sets; c) Estimating services and d) Red lines, for accommodating customers last-minute changes.

6 CASE STUDY PAGE 6 FAST TURNS With BuilderMT PlanServices, we saw an immediate reduction in the turnaround time of our plan drafting and processing, and now we have no employees or other contractors working on our plans, Scholl said. Plan processing that used to take a week (and sometimes weeks) now can take as little as a day. We communicate the options for the as-sold house, extracted out of BuilderMT and Sales Simplicity, and communicate that to PlanServices Justin Matthews and his team. We get the lotspecifics turned around in a flash. Think of it this way, we are essentially saving the costs of five employees, and six processing days for each plan set. Plus, we have saved 30% on our architectural and plan drafting services cost with BuilderMT PlanServices. THE ROI? ACROSS 175 STARTS, ELITE BUILT HOMES IS SAVING UP TO 1,050 DAYS OF ARCHITECTURAL SERVICES PROCESSING TIME. Redlines are down significantly, and lot specifics are turned around in a few hours, not weeks that we had before, Scholl added. I couldn t be more pleased with the work of Justin Matthews and the PlanServices team on our plans.

7 CASE STUDY PAGE 7 ABOUT BUILDERMT PLANSERVICES With turnaround times measured in hours, not days or weeks, BuilderMT PlanServices offers a range of offerings for home builders of any size: DRAFTING BuilderMT PlanServices offers both 2D and 3D drafting. With access to hundreds of drafters, the BuilderMT PlanServices team can immediately step in to assist in production of plan sets for permitting or customer sign-off, relieving home builders of the drafting work-loads from their in-house teams. BIM SERVICES BuilderMT PlanServices can help manage plan libraries, creation of master models, or lot-specific plan sets using the top BIM design tools in the home building market. BuilderMT PlanServices can also help organize model libraries. ESTIMATING SERVICES If you need accurate takeoffs/estimates, BuilderMT PlanServices now offers highly accurate takeoffs/estimates as an outsource, turn-key service that BuilderMT provides. RED LINES BuilderMT PlanServices offers fast turnaround on red lines so customers last-minute changes to lot-specific plans can be accommodated. To learn more, or to get pricing, visit BuilderMT.com/plans. Contact Richard Boothman, Richard.Boothman@BuilderMT.com.

8 CASE STUDY PAGE 14 ABOUT ELITE BUILT HOMES For over 40 years, Elite Homes commitment to excellence is our commitment to you. We understand that we re not just building a house. We re building your home, your sanctuary, a place for family gatherings and celebrations. We understand that each person has unique tastes and needs, so we listen to your desires and work tirelessly to make your dream home a reality. Every year, we build luxury homes in some of the Greater Louisville area s most coveted subdivisions. Each Elite built home showcases an intimate attention to detail, quality craftsmanship, and unparalleled value. Since Elite s founding in 1976, the company has flourished into Kentucky s preeminent builder. Known for constructing timeless homes in thoughtfully planned neighborhoods, Elite has garnered a reputation for providing excellent service to homebuyers while building a stronger community. With countless community service awards, industry accolades, and philanthropic endeavors, our team is committed to providing the best to those who call Louisville home. Don t settle on your next house. Build your dream home with Elite Homes. Learn more:

9 THANKS FOR READING. ABOUT MITEK INDUSTRIES MiTek Industries is a diversified global supplier of software, engineered products, services, and equipment to the residential, commercial, and industrial, construction sectors. MiTek Industries passion for our associates well-being and for our customers success through continuous process improvement is the company s hallmark. A Berkshire Hathaway company since 2001, the Company has operations in more than 40 countries on six continents. Learn more: and MITEK INDUSTRIES. ALL RIGHTS RESERVED.