What do you look for to find a good home contractor?

Question

Accepted Answer

Finding Your Home Improvement Hero
Let's face it: embarking on a home improvement project can be daunting. You want to make sure you're getting the best value for your hard-earned money, but you also want a contractor who's reliable and trustworthy. Enter Matt Ehrlichman, CEO, chairman, and founder of Porch Group, a software company for the home improvement service industry, who has some sage advice for homeowners on the hunt for the perfect contractor.

According to Ehrlichman, the key to success lies in a focused plan, thorough research, and utilizing a trusted network for every project. So, buckle up and get ready for a crash course in finding your home improvement hero!

The Nitty-Gritty: Crafting a Detailed Plan
Before you even think about reaching out to contractors, Ehrlichman suggests creating a highly detailed and specific plan for your project. The more specific your plan, the more accurate your cost estimate may be. This helps ensure you're hiring the right contractor for the job and keeps everyone on the same page.

Know Your Costs: Labor, Materials, and More
When seeking estimates, keep in mind that the cost of labor and materials has risen significantly since the start of the pandemic. Being aware of these increases will help you evaluate bids more accurately and avoid sticker shock down the road.

Phone a Friend: Tapping Into Your Trusted Network
When it comes to finding a reliable contractor, word of mouth is golden. Ehrlichman advises checking with neighbors, local hardware stores, and past real estate agents for personalized recommendations. Because, let's be honest, who doesn't love a good referral?

The Interview Process: Contractor Speed Dating
Ehrlichman suggests requesting bids from at least three contractors (though five is even better). This helps you get a sense of the fair market price and allows you to compare offerings. Don't be afraid to ask lots of questions, and always verify that the contractor is licensed and insured. After all, uninsured contractors may cost less, but the financial and legal risk isn't worth the savings.

License and Insurance: The Dynamic Duo
It's essential to verify your contractor's license and insurance. Each state has different requirements, which can typically be checked through your state's labor office. Aside from that, experience is crucial. Ehrlichman suggests asking potential contractors about their work history and checking their references. You want a seasoned professional on your side!

Patience is a Virtue: Be Realistic About Availability
Contractors are in high demand, especially in this economy. You may have to wait to start your home construction project depending on the contractor's availability. Just remember, good things come to those who wait!

Matchmaker, Matchmaker: Choosing the Right Contractor for Your Project
To ensure your project is completed the right way, choose a contractor that specializes in the kind of work you want done. Look at the company's past work to see if it's the right fit for your home. After all, you wouldn't hire a plumber to build a deck, would you?

Get it in Writing: Contracts and Ground Rules
Once you've chosen your contractor, it's time to sign a contract and negotiate ground rules. Your contract should list everything you want completed, including deadlines, payment schedules, materials, model numbers, and who will provide which materials. This ensures everyone is on the same page and helps minimize misunderstandings.

Permits and Deposits: Crossing Your T's and Dotting Your I's
Large home projects will likely require building permits. Your contractor should obtain these permits, so be cautious if they ask you to do it yourself. Also, expect to pay a deposit before work begins. This helps secure your place on the contractor's schedule and ensures the project moves forward after purchasing materials.

Expect the Unexpected: Budgeting for Surprises
Home construction projects often come with surprises. Set aside 10% to 20% of your budget as a cushion for unexpected expenses. That way, you won't be caught off guard when those pesky surprises pop up.

Communication is Key: Staying in Touch with Your Contractor
Talk to your contractor often to confirm everything is on track and progressing according to schedule. A good contractor should provide frequent updates, but don't hesitate to speak up if you see any potential problems. Addressing issues early on can save headaches down the line.

Finishing Touches: Lien Releases, Receipts, and Final Payments
Before you make the final payment, request copies of receipts for all materials, as well as lien releases from all subcontractors and the general contractor. This protects you from potential financial and legal issues down the road. Only make the final payment when you're completely satisfied with the completed work and have received all necessary paperwork.

With this guide, you'll be well-equipped to find your home improvement hero and embark on a successful project. Happy renovating!

Built on Trust.
Designed for Life.

Bathroom
Remodeling

Kitchen
Remodeling

Basement
Finishing

General
Remodeling

Contact Us

Reviews

Insured

MHIC License # 143840

PM Home Remodel – FAQs

FAQs

Frequently asked questions