Being your own general contractor can save you the greatest amount of money. You can save as much as 30 percent. However, being a GC requires a great deal of work, time, and manager skills. You must be able to plan daily task, schedule sub-contractors, make daily on-site inspections, research and order materials, etc. Being your own general contractor should not be attempted unless you have a good understanding of the construction process and the time to invest. If you have experience and are willing to invest the time, then being your own general contractor is the task for your money saving mission.
To be honest, some general contractors may not work under this agreement. If you can find one who is willing, you can save up to 10 percent or more in the building process. You won't know unless you ask. Most if not all general contractors buy their materials at a discount and mark the price up to you for a profit. By eliminating the general contractors mark-up you can cut down on this unnecessary spending.
If you take on the task of purchasing materials you will want to ask for the builder's discount from your local supplier. You may or may not get the same price as your contractor, but you will get better prices as oppose to going through your contractor. Because your contractor will usually have a long standing business relationship with a supplier, the supplier will usually give him better pricing due to the volume of business.
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