One of the toughest challenges a property owner faces is finding the right person for the job. This could be anything from constructing a fence to a major remodel of your kitchen. Even as a management company, there are trying times with vendors.
We have several “go-to” vendors on our list, but it is an ever evolving list and we are always looking for great vendors to stay competitive in the market.
As an owner considering a project there are a few items that I recommend asking about and insisting on throughout the duration of your project.
- Do not pay for a job upfront. This could indicate the contractor doesn’t have the funds to hire the crew needed for your job. You may be thinking you are getting a “great deal”, but you will likely end up with an unfinished project weeks later.
- Always try to pay for materials yourself. This will help keep tabs on what is actually being spent on materials versus labor. We have vendors call us from material supply stores to give our credit card to the store directly. This allows us to review the purchase order.
- Is the vendor insured? Depending on the scope of your project, this may not matter to you, however consider that nearly everyone has the ability to fall off a ladder or nail their hand to something. Without insurance, you will likely be paying for the mishap.
Lastly, when choosing a vendor, keep in mind these excellent quotes:
“The bitterness of poor quality remains long after the sweetness of low price is forgotten.”
“If it doesn’t feel right, then it probably isn’t. Go with your gut and let your instincts be your guide.”