Someone, somewhere, at some time decided that one must solicit bids from "at least three contractors" for every remodeling project.
An astonishing number of people have come to believe that soliciting multiple bids is an essential part of the remodeling or building process. Why is this so?
It is undoubtedly true that homeowners believe they will pay too much if they fail to introduce the element of competition into the process of choosing a contractor. Does this make sense? Certainly. A well-organized bid process can result in savings. But, as with many other things in life, there are two sides to the story!
There are several distinct business models used in the remodeling industry. This is the first in a series of posts in which I will explore diverse remodeling business arrangements and contracts. Each has merit. Each has shortcomings. It is my aim to provide you with sound information you may use to decide which model is best for you.
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