Here at King Installation, we take pride in our ability to deliver high-quality renovation services for Brooklyn homes and businesses with affordable pricing. We’ve always felt that providing a fair, competitive price while implementing the designs and concepts you want is an excellent recipe for success.
We also recognize that numerous renovation companies operate in Brooklyn. Some claim to offer more services, while others undercut our rates significantly. So how do you know that the three competitive quotes for your project are accurate?
You could take our word for it, but we’ll give you the hints and tips to watch for to ensure you’re hiring a professional contractor – whether that’s us or someone else.
What Are the Traits of Successful Contractors?
The first trait you should always find with a contractor involves integrity. You’ll have people working in your Brooklyn home or business at times where you won’t be there. So it would help if you trusted that these experts would do the right thing when no one was watching.
Once you get a sense that your renovation company is acting with honesty, here are some of the other traits you’ll want to look for when hiring a contractor for your project.
Positive Work Environment
Thriving businesses create and maintain a culture that attracts and retains talented people. The only way to make this outcome happen is to create a space where people can tap into their top priorities. That might include transparency, teamwork, leadership access, or a vision to help others.
The challenge is sometimes knowing when to turn off the work so that employees don’t feel overwhelmed. Look at the lowest behavior levels the renovation company allows. If you’re comfortable with that, proceed with the agreement.
Negotiation vs. Bidding
Some Brooklyn renovators point to the economy’s current conditions to justify an above-average estimate or quote. Pointing to potential difficulties is always a scapegoat maneuver. It’s an excuse to charge more.
Although economic factors drive prices higher, the best contractors negotiate pricing to create a fair result for everyone involved. In addition, taking this extra step builds a closer relationship between you and the renovation company, which means you have more trust in the eventual outcome.
Renovation companies might specialize in specific projects, but they should also have a wide variety of expertise to tap into for a project. In addition, you never know what might happen during a remodel, which means you need someone who can proactively respond to potentially complex situations.
That doesn’t mean you should hire a bathroom specialist to remodel your kitchen. Instead, you would want to look at a renovation company with plumbing, flooring, and cabinetry installation experience.
The best renovation companies in Brooklyn tend to get three things right consistently: launching the project, reviewing the work, and finishing strong. These businesses plan for the job better than companies in other industries because they involve the best people from the beginning of the process.
You’d want to see quarterly or monthly reviews of all required documentation when vetting your renovation company. That might include critical path items, change orders, and various submittals.
Cash Liquidity or Available Capital
When a renovation company wants all the money before the project begins, you should walk away quickly. The best businesses retain a conservative amount of available capital to operate efficiently.
If everything operates right around zero or the contractor is in some debt, you’ll want to proceed with caution.
Businesses that operate like they’re strapped are more likely to cut corners, take shortcuts, or look for other ways to shave some overhead expenses. You don’t need those issues impacting your renovation project.
Risk Management Procedures
Contracting work involves risk at all times. Most failures are traceable to a poor decision when red flags were present. Even though you request a bid, the renovation company should review your project to ensure they can complete it successfully. There should be a skeptic that asks the tough questions.
Additional risk management tools, such as licensing, insurance, and bonding, allow you to have more guarantees about the quality of the work. It also helps to ask about certain warranties or guarantees that apply to your specific project.
We’d appreciate your business if you decide that King Renovation is the right renovation company for your project. When you look at our competitors, keep this information in mind as you go through the vetting process. Remodels are already tough. You don’t need the people you hire to make things even more challenging.