The Main Concerns You Should Have When Hiring a Contractor

Jun 24, 2016 | Blog | 0 comments

Renovations on your home are expensive and there are circumstances when you just don’t have the time or expertise to complete certain projects around your house. You might find yourself turning to a professional contractor. Carmax Consulting wants to address some questions that potential customers may have about hiring a contracting service to complete their renovation project. Here are the most common concerns that we hear from our customers.

Does the Contractor Have a Good Reputation?

We understand that you wonder about the reputation of the contractor you are about to hire. A great way to check out the company you’re engaging for your project is to look online for any reviews or ask the company for references from previous customers. This can help you find out what customers actually think about the service that was provided and reassure you that their service will be satisfactory.

Does the Contractor Have Insurance and Licensing?

The contracting company should have proper insurance and WCB (Workers Compensation Board) coverage before you hire them. You have a right to feel comfortable with the people you’re looking to hire and they should have an extensive liability policy so your home and belongings are safe during construction. A reputable company will expect you to ask and will not hesitate to discuss insurance and licensing prior to entering into a construction contract.

Does the Contractor Have Comprehensive and Fair Contracts?

Before you sign any renovation contract, make sure you review the documents carefully and that your contractor is protecting your interests as much as their own. A standard renovation agreement should be put into place to protect both the contractor and the property owner. It should include details about pricing, payment schedule, construction schedule and materials. Also, keep in mind that if you don’t have to sign a contract, that probably is a red-flag in itself.

Does the Contractor Ask for Reasonable Deposits?

A credible company generally has the cash flow to purchase the materials for your project without a large deposit. Most contractors will ask for a deposit between 10-20% and if you are ever asked for the entire amount upfront, you should slow down and conduct more research on the company, don;t sign any contract before you proceed. You will also want to ask your contractor what will happen if they find any issues as they are working on your home. They should always consult with you before doing any work outside of the scope of the project.

Does the Contractor Have a Quality Assurance Guarantee?

To protect yourself from possible issues with workmanship and damage to your home, you should always check that the contractor you’re considering is bonded, this means that a bonding company has secured money that is available to you the consumer in the event you file a claim against the company. You should also ask about the experience of the employees that will be working on your project and he steps your contractor takes to ensure the quality of their work. If you don’t feel comfortable with the information they give you, at the end of the day, you shouldn’t hire them or put down a deposit.