How do you tell a contractor they are no longer needed?
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How do you tell a contractor they are no longer needed?
Tell them how long you expect to take to make your decision on who will win the job and why. Explain what criteria is most important to you. If someone comes to your home and gives an estimate and you know right away they’re not going to get the work; tell them before they leave.
Why is it so hard to get a contractor?
Problem: Your goals don’t align. Another reason you may have a hard time finding solid contractors is that your interests don’t happen to line up. Most contractors want to provide good quality work that they can be proud of, along with fair wages to support themselves, their family, and their employees.
How long is a home builder liable?
10 years
What to do if a builder does a bad job?
You’re legally entitled to either:
- ask them to fix the problem – if they provided you with goods as well as the service, (eg they bought the shower and fitted it)
- get a refund and stop them doing any more work – if they just provided the service (eg you bought the shower and they fitted it)
How do you know if a contractor is reliable?
- Use reputable sources to find a reliable home contractor.
- Interview multiple contractors.
- Ask for references.
- Ask for a formal bid or estimate.
- Check out their license.
- Conduct a thorough background check.
- Find out about subcontractors.
- Ask about necessary insurance and permits before getting started.
How much should I pay a contractor up front?
In California, the state limits advance payment at the time of contract signing to 10% of the total estimated job cost or $1,000, whichever amount is lower! All payments thereafter are supposed to be made for work performed or for materials delivered to the job site.
How do I protect myself when hiring a contractor?
Some other best practices to keep in mind as you finalize a written agreement:
- Make sure the contractor obtains a permit if the job requires one.
- Ask for a copy of the contractor’s license and proof of insurance.
- Pay by check and get a receipt.
- Document any changes to the contract in writing.
What makes a good general contractor?
When you’re ready to do home improvements or to build a new home, a good general contractor is one of the best assurances of a quality job. Five qualities to look for in a general contractor include experience, reputation, integrity, flexibility and the ability to listen.
Do contractors mark up materials?
The markup (like has been said) between 10% and 35%. 35% is on the very high side of material though. Ones that charge this are not savvy on their business. Usually the job cost 66% materials/labor and 33% markup AND profit.
What is the average profit margin for a general contractor?
According to the Construction Financial Management Association (www.cfma.org), the average pre-tax net profit for general contractors is between 1.4 and 2.4 percent and for subcontractors between 2.2 to 3.5 percent.
