- Why are contractors so expensive?
- How long does it take to get an estimate from a contractor?
- What to do if a contractor overcharges you?
- How do you tell a contractor you are unhappy?
- Is it legal to charge for an estimate?
- Can you sue a contractor for poor workmanship?
- How do you tell a contractor their price is too high?
- How much do electricians charge for an estimate?
- Can a contractor charge more than the quote?
- How do I estimate a contractor?
- How much should you pay a contractor up front?
- Should I show my contractor my insurance estimate?
- What is the markup for a general contractor?
- What does a free estimate mean?
- What should you not say to a contractor?
Why are contractors so expensive?
The reason why home remodeling projects tend to always cost more and take longer than agreed upon is because some general contractors want to make maximum money from you.
Making maximum profits is Business 101.
However, some general contractors (GC) go too far..
How long does it take to get an estimate from a contractor?
If they’re still interested, ask if they can deliver the estimate to you within two to five days.
What to do if a contractor overcharges you?
7 Ways to deal with a bad contractorFire them. … File a claim if contractor is bonded. … File a complaint with the state licensing board if contractor is licensed. … Request mediation or arbitration. … File a suit in small claims court. … Hire an attorney. … File complaints and post public reviews.
How do you tell a contractor you are unhappy?
When talking with the contractor, explain why you are unhappy with his work, and get him to sign a document detailing the solutions that you have both agreed on, so that if he flakes, you have written proof. Remember to avoid writing an online review before talking with your contractor.
Is it legal to charge for an estimate?
“You can’t charge for a rough calculation hastily done and incomplete, but you can charge for something of value.” McCadden encourages builders unsure of whether they should charge for these initial services to consider what they’re really selling. “An estimate is just a commodity,” he says.
Can you sue a contractor for poor workmanship?
Breach. You must show that the party you plan to sue failed to meet his or her contractual obligations (“breach of contract” in legalese). This is usually the heart of the case — you’ll need to prove that the contractor failed to do agreed-on work or did work of unacceptably poor quality.
How do you tell a contractor their price is too high?
Do not waste your time explaining anything. If they even care to ask, then I would be honest with them, or say what everybody else says, YOUR PRICE IS TOO HIGH. A good sales person, and/or owner would know if you and him would be a good fit, and if HE felt not, he would dismiss himself.
How much do electricians charge for an estimate?
The average electrician charges from $50 to $100 an hour, plus additional costs for parts depending on the complexity of the project. This brings the national average cost to hire an electrician to just over $300.
Can a contractor charge more than the quote?
A quote is an offer to do a job for an exact price. Once you accept a quote, the contractor can’t charge you more than the agreed price unless you agree to extra work, or the scope of the job changes while it is underway. Legally, this is known as a variation to your contract.
How do I estimate a contractor?
You can find local contractors through the Yellow Pages, the local newspaper, or online. Experts recommend getting at least three bids from three separate companies. When looking for companies to get an estimate from, talk to friends, family, and coworkers to see if they have any recommendations.
How much should you pay a contractor up front?
You shouldn’t pay more than 10 percent of the estimated contract price upfront, according to the Contractors State License Board.
Should I show my contractor my insurance estimate?
So should you show your roofing contractor your insurance estimate? That depends entirely on you. If you’ve developed a level of trust with them and believe they have your best interest, then yes. This is the case for most roofing contractors.
What is the markup for a general contractor?
To keep things easy, here’s a handy markup & margin table for contractors that shows you how much you need to mark things up to achieve your desired profit margin. Most general contractors are looking at about a 35% margin and so they need to a mark-up of 54%, or 1.54.
What does a free estimate mean?
But what is a “free estimate” exactly? The word estimate can be a verb or a noun. … So it stands to reason that the definition of a “free estimate” when applied to the construction industry would be an approximate calculation of the cost to complete the project, provided free of charge to the prospective client.
What should you not say to a contractor?
Seven Things to Never Say to a ContractorNever Tell a Contractor They are the Only One Bidding on the Job. … Don’t Tell a Contractor Your Budget. … Never Ask a Contractor for a Discount if You Pay Upfront. … Don’t Tell a Contractor That You Aren’t in A Hurry. … Do Not Let a Contractor Choose the Materials.More items…