How to Hire a Renovation Contractor7658764
Renovations small and large generally require an expert's touch which is why many property owners choose to hire a renovation contractor. When it comes to finding and hiring a contractor, it is important to remember that not all experts provide the exact 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 inside your spending budget, but one that can also offer evidence of excellent workmanship. Still, if you're a novice, you are probably asking your self about what to look for in a renovation contractor. The following pro tips will help you distinguish the best from the rest.
Speak to family, friends, and colleagues for renovation contractor suggestions. You can even check the Much better Business Bureau for contractors with high ratings. Similarly, local building inspectors most likely know which contractors have the best reputations.
Even if it's just a matter of a fast phone call, you should conduct interviews with your list of recommended contractors. You want to know if they total projects your size and whether they have other ongoing projects at the exact same time. You can even ask how long they've worked with their various subcontractors to make sure they hire high quality professionals. Also, ask for references. Ultimately, you want to interview contractors to learn more about their availability, reliability, and communication styles.
Following your telephone interview, you have most likely narrowed your list to a handful of potential contractors, and now you're ready to do some real research. Get in touch with the contractors' references and ask about the quality of work and whether the project stayed on time and on budget. You can even ask previous clients if you can come by and view the work. Similarly, ask the contractor if you can visit a current job site so you can judge the contractor's professionalism.
Ask for Quotes
Now you have most likely narrowed your search even more, and you can ask your shortlisted contractors to review your blueprints and give you a bid. Always ask that the bid include a breakdown of expenses related to supplies, labour, earnings, and other expenses. In most renovations, supplies represent about 40 percent of the total cost of the project. Profit margins should variety between 15 and 20 percent. Most specialists suggest that you not let price be your final deciding factor. One common piece of advice is to throw out the lowest bid as these contractors have a tendency to reduce corners and this may affect the quality of the renovation. In reality, the primary factor that should guide your choice is the contractor's communication style. You'll be working with each other for the duration of your project and you want to know you can communicate with each other.
Draw Up a Contract
Finally, you want to place in writing all aspects of the project from payment schedule and proof of insurance to types and price of material and completion date. Agreeing in advance on a specific contract will help maintain the renovation project moving smoothly.