How to Avoid the 6 Most Common
Misconceptions about Home Remodeling

Misconception #1

“You should always get three bids.”

Not necessarily. This tactic is probably responsible for more dissatisfaction within the remodeling industry than any other single factor. Read More ...

Misconception #2

“Going with a low price saves you money!”

Think about this for a minute. If you have solicited several bids and go with the contractor that has the lowest price, you’ve just awarded your job to the guy that just figured out the CHEAPEST way to get your project done! Read More ...

Misconception #3

“If the Better Business Bureau (BBB) doesn’t have any complaints against the contractor, they are probably a safe bet.”

This is a common and often costly misconception. In fact, just because a contractor doesn’t have any complaints with the BBB, does not mean that you’re working with a reputable professional. You need to investigate the company further. Read More ...

Misconception #4

“I should buy the materials myself to save money.”

First, if you’re providing the materials, there’s a very good chance of getting the wrong or not enough materials. Having most professional contractors will not be interested in working under these conditions and for very good reasons. Read More ...

Misconception #5

“If a contractor has years of experience, he or she must be good!”

About 96% of contractors go out of business before their fifth year and of those, approximately 80% will never make it to see their tenth year.

Given these statistics, if you have a contractor that has made it through his fifth year, you’re off to a good start. He must be doing something right to survive that long. Read More...

Misconception #6

“The term “fully-insured” must mean that the contractor carries all of the necessary insurance to provide me with adequate protection.”

Surprisingly, this is not always the case!Contractors are required to carry a minimum of two insurances; Worker’s Compensation insurance (if he hires one or more employees or assistants) and Contractor’s Liability insurance. Read More ...

 

Next... What to watch out for when remodeling.