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Statistically if you select the lowest bid, you will most likely end up paying an amount closer to the middle, if not the highest bid. There is almost a 100% guarantee that you will not pay the amount on a “free estimate”.
Rapport should always be number one on the priority list and while it’s okay for your project to be budget-driven, price should never be higher than #2.
To learn more about a better way, call or click!
Ironwood Custom Builders, Inc
Office 801-416-3131 Ext 101
Did you know that the colors you select for your home have meaning and can set mood? Studies show that color can complement architecture, enhance or diminish the sense of space, create a particular ambience, and impact your daily moods. Color experts have studied how color is likely to affect you. Here is what they have found:
When selecting your colors:
2825 East Cottonwood Parkway Suite 500
Salt Lake City, Utah 84121
Things to Consider When Hiring a Contractor
Hiring a contractor can be an intimidating, nerve wracking process. But there are a few things that when taken into consideration, can make the process of selecting a contractor, and the actual build process itself go much smoother. The general guideline is that you should get 3 bids for your project. The general guideline continues that you should throw out the highest and lowest bids and accept the middle. While these are good guidelines, they are just that “guidelines”. There are many other things that need to be taken into consideration, such as;
Make sure that your contractor is properly licensed by the State of Utah and that they carry the mandated (by law) liability and workers compensation insurance. If they are not properly licensed and insured, they are operating illegally and if any damage or injuries occur on your project, you are personally liable. So called “contractors” that offer unusually low bids are usually doing so because they don’t have the overhead of licensing fees and insurance premiums. While it may be tempting to accept the lowest bid of an illegal contractor in order for you to get what you want for your prescribed budget, be assured if this is the route you choose, you will probably get much more than you bargained for!
It will be up to you to do the proper due diligence to make sure all of the bids you receive are actually for the same thing. But if you provided the same plans to all of the contractors, wouldn’t they all be bidding the same thing? Yes they should, but they’ll probably not. Generally there should not be a spread of more than 10% from the highest to lowest bid. If the lowest bid is more than 10% away from the highest, then the two contractors are most likely not bidding the same thing. The profit margins in construction are generally only a few percent so don’t be fooled by thinking that the $10,000 remodel bid has a $5000 markup compared to the $5,000 bid. Contractors usually provide what are known as allowances for things like plumbing fixtures, light fixtures and any other “finish” items because at the bidding stage, you usually have not selected those items just yet. Even specifying something like stainless steel appliances doesn’t narrow it down. The contractor could provide a $2,000 allowance for a stainless steel refrigerator or $10,000. So one bid for a kitchen remodel could literally be $8,000 higher than another based on just the refrigerator! If you haven’t told the contractors which particular fridge you want, they will either give you an allowance or include one that they’ve chosen, so it is up to you to make sure you are comparing the items included or the allowances provided in each bid.
If the answer to any of these questions is “no” this will most likely not change for the better once you tart the project. An unresponsive, unorganized contractors don't provide results that leave happy customers.
If there seems to be any sort of personality conflict or if you are not comfortable with a particular contractor during the bid process, for whatever the reason, you should probably go with your gut. First impressions are often the right ones. You will become “best friends” as soon as you sign the contract and the last thing you want is to have to deal with someone daily for 6, 8, 10 weeks or even as many months, if you don’t have a good rapport. While the lowest bid isn’t always the one you should throw out, if you seem to have a good relationship with a contractor who is organized, shows up when he promises and generally does everything else as promised, when promised, then the high bid may very well be worth the extra expense.
If you have questions about a bid, or in particular about anything that the contractor is including, make sure you ask. Remember, the only stupid questions are the ones that you don’t ask! If you feel most comfortable with the contractor that has submitted the highest bid but he is over your budget, make sure to ask about what can be done to get his bid to within your budget. He may very well have included things that you either don’t want, don’t need, or can live without. Sometimes, very simple adjustments can be made to a bid proposal to get it in line with whatever your budget may be. But always remember that the old adage “you get what you pay for” is probably truer in construction than in any other business. So spending a few extra percent than what you may have budgeted for in order to get exactly what you want will be well worth it in the long run.
This one is real simple. Your contractor needs to be able to provide some references. Online customer reviews are big right now, so check your contractor’s web site to see if he has an independent 3rd party doing customer reviews for him. If he does, he is most likely proudly displaying them on his home page. If not, just ask to be able to speak to a few past clients and don’t be afraid to ask questions like “what would you do differently?” or “would you refer the contractor or hire him again?” A few simple questions should give you enough information to determine if that contractor is right for you.
Remodeling a home or building a new one can be a very rewarding experience; you just need to start off on the right foot by hiring the right contractor. To hire the right contractor, just take a little extra time to do some research and ask a few questions. A little extra time spent in the beginning will usually prove to be time be well spent in the end.
and always remember...
The bad aftertaste of shoddy work lasts much longer than the sweet smell of a good deal
2825 East Cottonwood Parkway
SLC, Utah 84121