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HistoryMaker Homes adopts gradual AI strategy amid industry shift

Created at 12 Aug · 10:50 AM1 source↑ Market-relevant
IN SHORT

HistoryMaker Homes is implementing a 'crawl-walk-run' strategy for AI adoption, focusing on partnerships with technology firms to enhance product design and customer experience. This approach allows the regional builder to compete effectively amidst industry consolidation and rising costs.

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Key Numbers

77 yearsHistoryMaker Homes' age
60 new floor plansgenerated in 18 months

Who's Involved

HistoryMaker Homes
Regional homebuilder adopting AI
Zac Thompson
CEO of HistoryMaker Homes
Higharc
Technology partner for home design
D.R. Horton
Large public builder competitor
Lennar
Large public builder competitor
HistoryMaker Homes adopts gradual AI strategy amid industry shift

↳ Why This Matters

HistoryMaker Homes' AI adoption strategy highlights a growing trend among regional builders to leverage technology for competitive advantage, demonstrating that a phased, partnership-driven approach can be effective even with limited resources.

Key facts

  • HistoryMaker Homes is implementing a 'crawl-walk-run' strategy for AI adoption.
  • The company is partnering with technology firms to leverage AI capabilities.
  • A partnership with Higharc has enabled the rapid generation of new home floor plans.
  • AI is being used to improve customer experience, lead generation, and communication.
  • HistoryMaker Homes prioritizes external partnerships for AI development due to resource constraints.
  • HistoryMaker Homes is adopting a phased approach to artificial intelligence implementation, a strategy CEO Zac Thompson described as 'crawl-walk-run.' This gradual adoption is driven by the company's status as a regional builder with limited capital compared to larger public competitors.

    The Dallas-based firm, which celebrated its 75th anniversary in 2023, has recognized the need to adapt its business model amid increasing industry consolidation and competition. Historically a low-cost provider, HistoryMaker Homes has pivoted to prioritize customer value and experience over price, a shift that includes leveraging technology and AI.

    As part of this transformation, HistoryMaker Homes has partnered with technology firms like Higharc to modernize its product development. This collaboration has allowed the builder to rapidly generate new home designs, launching approximately 60 new floor plans over an 18-month period. Beyond design, the company is also using technology to enhance its purchasing, ERP, construction documentation, land acquisition, and sales and marketing functions, aiming to improve overall efficiency and customer interaction through portals and lead generation tools.

    Thompson emphasized that for regional builders with constrained resources, partnering with technology firms that have already invested in AI development is more practical than building proprietary tools in-house. The company is currently in a learning and prototyping phase, identifying effective partners as a key lesson learned.

    Frequently asked questions

    HistoryMaker Homes is using a 'crawl-walk-run' strategy, implementing AI gradually through partnerships with technology firms.

    To remain competitive amid industry consolidation and rising costs, and to enhance customer value and experience.

    The company is using AI to transform home design, improve product innovation, and enhance customer experience through lead generation and communication portals.

    HistoryMaker Homes partners with technology firms that have already invested in AI development, rather than building proprietary tools in-house, due to resource limitations.

    What Happens Next

    01HistoryMaker Homes may focus on applying technology to land acquisition next.

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    Cadence

    How It Developed

    Homebuilders are increasingly recognizing AI as a business game-changer.
    HistoryMaker Homes is adopting a gradual AI strategy due to limited resources.
    The company is partnering with technology firms to leverage AI.
    HistoryMaker Homes partnered with Higharc to accelerate home design generation.
    The builder aims to improve customer experience through AI-powered lead generation and communication.
    HistoryMaker Homes prioritizes partnering with established technology firms over in-house development.

    Sources

    T1
    HistoryMaker Homes' crawl-walk-run approach to AI adoptionHousingWire

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