Re:Never hire job hoppers. Never. They make terrible employees.
by billswift on Saturday April 24, 2010 @04:48PM
(#1291534)
It's not, or didn't use to be, all that unusual in houses. It's referred to as building "on spec", meaning "speculative"; where the architect, builder, or whoever builds the house on the chance that they can make a profit selling it after, rather than the more common way of building it to an up-front contract. It was most often used when a builder had materials or a little cash available to avoid laying off good workers when there wasn't a contract job available.
He builds the house on the cheap, in exchange for a percentage of the final selling price. If the contract was sound, why wouldn't that be an equitable deal?
There's probably a law against it, though (houses are funny that way).
In the case of the original post, I would be willing to work there - as a very expensive contractor, with the degree of my loyalty explicit in the terms. He'd probably object to the part about him paying my attorney to review it, though.