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In the video, the speaker discusses the timing and considerations for obtaining quotes for a building project, whether it's a new build or an extension, for residential or commercial purposes. They emphasize that many people mistakenly seek quotes too early, often while still in the planning permission stage. It's noted that typically, at this stage, architects provide only planning drawings, which may not be detailed enough for builders to provide accurate quotes. Viewers are advised to ensure they have comprehensive and finalized drawings before reaching out to builders for quotes to avoid issues in the quoting process.