The Importance of Getting Multiple Quotes Before Hiring a Contractor

importance of getting multiple estimates

When it comes to hiring a contractor for a home project, we always recommend getting at least three estimates.

The goal is to find a contractor who can complete your project properly at a fair price.

We understand how difficult it can be to get one quote from contractors at times, let alone three, but spending a bit more time to find the right contractor is worth it when it means avoiding expensive, stressful, and time-consuming issues down the road.

Regardless of your project size, equip yourself with enough knowledge to understand what goes into your project and make the right hiring decision.

Don’t make a quick decision based on just one or two quotes; it could end up costing you time and money.

Even if the first contractor you talk to seems competent and professional, you won’t know if they’re charging a fair price until you speak to multiple others.

Most people who have a bad contractor experience—whether it be they were overcharged or the contractor didn’t do a good job—it’s almost always because they did not get multiple bids before starting their project.

It pays to get a second, third, and fourth opinion, and doing so can save you thousands upon thousands of dollars in some cases.

Multiple estimates will give you a good idea of the average price range. (Be wary of quotes that are super high or super low; any outliers should be looked at cautiously.)

Then, using price as one of your considering factors, you can choose your contractor based on other factors:

  • communication skills and willingness to answer questions
  • professionalism and their ability to do the work
  • ability to be flexible and work with you to achieve what you want
  • whether or not they are respectful and punctual
Manage your financial risk by taking the time to get multiple estimates from contractors before hiring. It can end up saving you a lot of money and stress.
 

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