5 Tips on How to Hire a Contractor
For many people, remodeling a home is exciting but hiring a contractor is rather nerve-wracking. Knowing what to look for will help you find a great contractor that will help you achieve the project you want.
Here are five tips on how to hire a contractor.
Tip#1: Get Recommendations
Start with your family and friends that have done a recent construction project. Ask your neighbors as well. You can also contact a local building inspector who meets contractors regularly.
Tip #2: Potential Interview Contractors
Once you’ve started on a list, make a quick call interview and set up an appointment with each prospect. Ask them each a few questions to get a better understanding. Are they willing to provide references from suppliers? Do they take on projects of your size? Have they done it before? How long have they worked with their subcontractors?
These questions will reveal the reliability and availability of the company, as well as how smoothly the work will be.
Tip #3: Set Payment Schedule
Payment plans tend to speak of the financial status and work ethic of the contractor. Large projects usually start around 10% with a contract signing along with three payments of 25%.
Tip #4: Go Beyond the Price
You’re going to spending a good amount of time with this contractor, so consider how well you communicate with them. This will ensure that everyone is on the same page and reduce the risk of conflict and miscommunication.
Tip #5: Make a Contract
Every project should have a contact – no matter how small the work may be. The agreement should provide details about the work – from the timetable to description and materials. This is meant to protect both you and the contractor. If ever a problem should arise, it could be dealt with instantly.
Be sure never to pay the contractor more than 30% of the fee upfront. Choose periodic payments as the contractor completes certain aspects of the project. Follow these tips on how to hire a contractor to help ensure you have a stress-free project success.