Why the Cheapest Quote Isn’t the Best
Let’s face it. Everyone, these days, is looking for a bargain. In the world of home remodeling, however, bargains aren’t always found in the least expensive quotes. In fact, you could do your home more harm than good and experience unexpected difficulties by going with the lowest quote. Here’s why you shouldn’t automatically go with the lowest quote you receive for home remodeling work.
Get at Least Three Quotes
Whatever type of project you’re considering, whether it’s kitchen remodeling, bathroom remodeling or basement remodeling get quotes from at least three contractors. After receiving your quotes, don’t simply look at the final figure. Analyze the entire quote to determine which one will give you the most value for your money.
Too many times, homeowners think that they will get the most value with the lowest quote. However, when you closely examine each, you’ll begin to discover differences. It’s important to look not only at the numbers but how they are presented. The more detailed the bids are, the better you will be able to compare them to one another.
Why You Need to Be Wary
It’s human nature to automatically like the lowest quote, yet if you receive one that is substantially lower than the others, consider it a red flag. If a remodeling contractor issues a quote without an explanation or an on-site consultation, you should not only question it, but also the skill and professionalism of your contractor. Remodelers who throw out a figure often use this tactic as a negotiating strategy. Others may charge you with unexpected add-ons in the final bill.
Let’s face it we’re all in business to make money. A quote that is 15% or lower than the others you receive simply isn’t the same job. It’s a sign that the contractor is cutting corners somewhere or neglecting important steps. If a quote is too good to be true, it usually is.
Low-ball bidders are often unlicensed and hide behind their prices hoping that you will overlook shortcomings. Unlicensed contractors not only cheat the government, they are out to cheat you too. If you hire someone who is unlicensed, you have no recourse through state agencies that are designed to protect you against shoddy work.
How to Compare Quotes
First off, take a look at materials for the job at hand. Let’s say you’re installing new flooring. Laminate flooring has different grades. Make sure that the flooring in all quotes has the same grade. A lower quote for any material could mean that your remodeler is using inferior materials that will fail quickly. Also look for a fair and reasonable approach to variations and unexpected problems, especially if the job calls for opening walls. This provision is especially important for jobs in older homes that may have been renovated previously, as hidden problems may be uncovered once the work begins.
Finally, make sure your contractor and all sub-contractors used have the necessary experience and licensing. Not using an experienced electrician for wiring, for example, can have disastrous results.
Rosseland Remodeling is dedicated to using quality materials and providing excellent craftsmanship. Contact us today to discuss your home remodeling project.