Please ensure Javascript is enabled for purposes of website accessibility

Property Managers Check Twice Before Hiring Any Contractor

Finding the right contractor to perform quality work on time can be a challenge for many property managers. It may also be a good idea to contact the Better Business Bureau for more information. Before you hire a contractor, make the following check list part of your decision process. Remember, your business insurance will not cover the liability from a contractor’s negligence.

  • Have a clear scope of work. This will allow the contractor to better understand your requirements
  • Get more than one bid. However, don’t necessarily jump at the lowest bid.  Our surveys have shown that people who hired the lowest bidder generally got poorer work.
  • Do not rush the process. It might be good to meet with the contractor a number of times to make sure they are a good fit.
  • Be cautious about getting big discounts on materials. Sometimes this can lead to poorer quality materials.
  • If a contractor offers a discount, be careful; they may be cutting corners. It may be better to offer an incentive if the project comes in on budget and on time.
  • It is common for a contractor to ask for 10% up front, but be careful. While some projects require a large initial payment to cover a deposit for products like cabinets or special-order ceramic tile, this doesn’t apply to commodity materials like roofing and lumber, which a legitimate contractor will usually purchase on account with at least 30 days to pay.

Dahlmeier Insurance Agency, Inc. provides insurance to businesses in Chico, Oroville, Paradise, Durham, Gridley, Orland, and surrounding areas.

No matter what business you are in, each workday is dedicated to doing your job well and providing your customers with the best service possible. Dahlmeier Insurance Agency, Inc. would like to return the favor by giving you the coverage you need to ensure the security of your business.

At Dahlmeier Insurance Agency, Inc., we’re committed to keeping your business protected – so you can focus on your day-to-day operations. And with the right insurance plan, your business will be covered from top to bottom.

Leave a Comment

You must be logged in to post a comment.