Table of Contents
Tell the contractor what you need from them. Then ask them to give their best possible estimate, and they’ll know how much work is involved before providing an answer. Explain in detail the timeframe for your repair. Very few general contractors will quote you a price more than three months out.
What should you not say to a contractor?
Seven Things to Never Say to a Contractor Never Tell a Contractor They are the Only One Bidding on the Job. Don’t Tell a Contractor Your Budget. Never Ask a Contractor for a Discount if You Pay Upfront. Don’t Tell a Contractor That You Aren’t in A Hurry. Do Not Let a Contractor Choose the Materials.
What do I need to ask a contractor before hiring?
5 Essential Questions to Ask Before Hiring a Contractor Would You Please Itemize Your Bid? Is Your Bid an Estimate or a Fixed Price? How Long Have You Been Doing Business in This Town? Who Are Your Main Suppliers? I’d Like to Meet the Job Foreman — Can You Take Me to a Project He’s Running.
How do you negotiate a contractor quote?
How to Negotiate with a Contractor Set the Right Tone. Talk with Previous Clients. Get Multiple Bids. Get Details in Writing. Be Clear About Your Budget. Ask for Help Trimming Costs. Be Creative About Reducing the Price Tag. Know Who to Call if Things Go Sideways.
How long should it take a contractor to give you a quote?
If they’re still interested, ask if they can deliver the estimate to you within two to five days. This accomplishes two things: It reinforces that you’re a serious, valuable customer, and it demonstrates that you’ll be clear and reasonable about what you need to be happy if you were to move forward together.
How do you tell a contractor their price is too high?
What to Say When Your Customer Says ‘Your Price is Too High’ “Gosh, I didn’t think it cost this much.” “OK, is there any sort of discount if I pay cash?” “Well, guess I’ll need to wait till next year.” “I’m still waiting on some other estimates.” “That’s quite a bit higher than I thought it would be.”.
How much deposit should you give a contractor?
Generally, a standard down payment is between 10% and 25% of the project cost. You might see up to 30% for smaller jobs, such as paying professional house painters. Those dealing with more in-depth and costly projects, like general contractor down payments, tend to be closer to the 10% price range.
What should I tell my contractor?
A written contract should include the following: A full description of the work, including the materials and products to be used. Dates when the work will start and be completed. A clear payment schedule that lays out when and how much you will be charged.
What should I ask an independent contractor?
Bachman suggests independent contract workers ask the following questions. If the firm decides to end my contract early, what is the minimum notice will you commit to provide? What are the payment terms? Will I be required to work a set schedule? Or can I work on my own schedule as long as my work is done on time?.
How do I talk to my contractor?
Establish Good Communication Ask the contractor how he prefers to communicate with you. Good options include: Being onsite and talking with your contractor every morning before work begins. Having your contractor’s cell phone number and the OK to call or text anytime.
How do you ask for a better price quote?
To write a price negotiation letter, try to follow these steps: Use a positive tone. It’s important you keep a positive tone throughout your negotiation letter. Compliment the supplier. Explain your perspective. Request a discount. Set clear terms. Hint at an incentive. Choose a date for a response. Get to know your supplier.
How do you negotiate a quote price?
6 Steps to Follow When Writing a Price Negotiation Letter Have a positive, polite & professional tone throughout the letter. Praise the Vendor. Explain your Position. Ask for an Odd Number Discount. Let the supplier Know what would happen if he will not negotiate on price.
Can a builder change a quote?
If you got a quote from a builder and they started work while it was valid, they cannot charge more than the quote says, even if the work ends up costing them more than they thought (e.g. it takes longer than they expected or the price of materials goes up).
Do you pay a contractor before or after?
Before any work begins, a contractor will ask a homeowner to secure the job with a down payment. It shouldn’t be more than 10-20 percent of the total cost of the job. Homeowners should never pay a contractor more than 10-20% before they’ve even stepped foot in their home.
How many estimates should I get?
The general rule of thumb is to get three estimates for the work you wish to have done. This is not always necessary; there are many factors that come into play when planning your remodeling project.
Is an estimate legally binding?
An estimate is a non-legally binding document. It is an approximation of costs for a project, drawn up by a business to send to a client. It is not a promise. The contract is legally binding under contract law and if either party doesn’t fulfill his or her promises, they can be sued.
