Latest Discussions : Basement & Foundation

Erikgd06

08:37AM | 10/06/06
Member Since: 10/05/06
1 lifetime posts
We've been looking into installing this system. Like the product a lot, however, can't get a handle on what is a fair price to pay for it. Lots of posts on the web quoting a wide variety of pricing. How do you know when the price is right?

KingVolcano

05:55AM | 10/30/06
Member Since: 03/03/05
271 lifetime posts
As a contractor and a homeowner, I approach projects like this from a different perspective. Let me suggest that you find the most qualified contractor with residential recommendations and a warranty. You may have to pay more, but I assure you that if you have a problem, it is more likely to be addressed that a contractor that works on smaller margins.

It takes a lot of money to run a business, even a small one. I bid against other businesses all the time that undercut my pricing to get a job, but vanish after they get paid. In order for a contractor to stay in business, they need to make money. I could spend all day ranting on how the Do-it-Yourself/Home Depot mentality has affected contractors. The constant undercutting has forced honest contractors to forego paying for insurance, or taxes just to compete with fly-by-night contractors or contractors that hire illegal workers. We also battle the homeowner that calculates the cost of materials for a job and thinks we can base the job on materials plus labor. Well, that doesn't pay for the forklift, warehouse, commercial insurance and all the other expenses. I love my clients and if they have an issue, I address it ASAP. Once a potential customer starts talking about negotiating my proposal, I try to educate them on "value-added" service and hope they comprehend.

I tend to stay away from clients that are only bottom line conscience.

Bottom line.....don't decide on your contractor based on price alone.


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