How to Hire a Renovation Contractor
Renovations small and large usually require an expert's touch which is why many property owners choose to hire a renovation contractor. When it comes to discovering and hiring a contractor, it is essential to remember that not all experts offer the same high quality and calibre of work. As such, you should take some time to research numerous potential candidates and hire somebody that can not only work within your budget, but one that can also provide evidence of excellent workmanship. Nonetheless, if you are a novice, you are most likely asking your self about what to look for in a renovation contractor. The following pro tips will assist you distinguish the best from the rest.
Get Recommendations
Speak to family, friends, and colleagues for renovation contractor suggestions. You can even verify the Much better Business Bureau for contractors with high ratings. Similarly, local building inspectors probably know which contractors have the best reputations.
Conduct Interviews
Even if it is just a matter of a quick phone call, you should conduct interviews with your list of recommended contractors. You want to know if they complete projects your size and whether or not they have other ongoing projects at the same time. You can even ask how long they've worked with their various subcontractors to make sure they hire quality experts. Also, ask for references. In the end, you want to interview contractors to learn more about their availability, reliability, and communication designs.
Check References
Following your telephone interview, you have likely narrowed your list to a handful of potential contractors, and now you're ready to do some real research. Contact the contractors' references and ask about the quality of work and whether or not the project stayed on time and on budget. You can even ask previous customers if you can come by and view the work. Similarly, ask the contractor if you can go to a present job site so you can judge the contractor's professionalism.
Ask for Quotes
Now you've probably narrowed your search even much more, and you can ask your shortlisted contractors to review your blueprints and give you a bid. Usually ask that the bid consist of a breakdown of costs related to supplies, labour, earnings, and other expenses. In most renovations, supplies represent about 40 percent of the total price of the project. Profit margins should variety in between 15 and 20 percent. Most experts suggest that you not let cost be your final deciding factor. One typical piece of advice is to throw out the lowest bid as these contractors tend to cut corners and this might affect the quality of the renovation. In fact, the primary aspect that should guide your decision is the contractor's communication style. You will be working together for the duration of your project and you want to know you can communicate with every other.
Draw Up a Contract
Finally, you want to put in writing all elements of the project from payment schedule and proof of insurance to types and cost of material and completion date. Agreeing in advance on a specific contract will assist maintain the renovation project moving smoothly.
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