An investment as big as building a property deserves careful planning. This includes finding an able and reliable contractor who can execute the project. If you think about it, you are talking about raising a structure that will serve people for decades to come. It takes patience and ample research to determine the right person for the job. To help you out, here is a checklist of things you should consider.
Make sure that the contractor is licensed, bonded, and insured
A license, a bond, and insurance – these three qualifications should be on the top of your checklist. These credentials ensure the trustworthiness of the contractor.
All contractors are required to have a license and they are only granted one if they follow quality standards and regulations. Having a bond, on the other hand, means that the contractor holds a surety bond and this gives you a guarantee that they will uphold their obligations as indicated in your agreement. Lastly, an insurance policy provides financial protection in events such as damages or injuries.
Compare offers from different contractors
It could be tempting to start building right away and go with the first contractor who lays down an offer. The wiser approach is to be patient. Different contractors will have different takes on the project and it will be best to collect three of four bids for comparison before making the decision.
Background check on previous or current projects
The best proof of a contractor’s reliability is their portfolio. Don’t just base your assessment on their words, but do your research and check their previous work. If the contractor has an ongoing project, try visiting the site to see their team in action. You can also reach out to their past clients and ask for feedback.
Determine the contractor’s speciality
At the least, you can expect any contractor to be able to build a house from the ground up. However, some construction projects can be more complex than others. If you plan to set up a property on a hill slope, or along the coast, then look for a builder who has experience working in such locations. If you plan to renovate an existing building, then look for a contractor who specialises in renovation works.
Look for a contractor who knows the area
Hiring a local contractor lets you support the livelihood of local community members. Additionally, being experienced in the territory means they have an existing network of suppliers and skilled workers and know who to tap for specific needs. They are also knowledgeable about other relevant information such as the weather, soil quality, and government restrictions.
Pricing is not the only consideration
The service fee should surely be among your considerations, but it does not necessarily have to be on top of the list. A capable contractor will not apply cheap fees for the service they give. If you want quality work, then you have to be ready to pay for it.
Have a proper contract
Before proceeding with any work and making any payments, everything agreed upon must be put into writing. Ask for a contract with clear terms, indicating the responsibilities of both parties. Consider having the document reviewed by a lawyer who is familiar with such types of contracts.
Choose a contractor who knows how to collaborate
When you meet with potential contractors, it is also important to observe their style of communication. Find a provider who listens and is open to collaborating. You will have a healthier working relationship with a provider who will not treat you as just another project to tick off their checklist.
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