eXp Realty, LLC

How to hire a contractor: 5 Tips to help

by Kyung Kim 05/04/2023

Before planning any major home construction project, it’s essential to know how to hire a contractor. Your general contractor will be in charge of your entire project, including labor, materials and timeframe. Having as much detail as possible is best to ensure everybody’s expectations are met.

However, it can seem overwhelming to find the right professional. To help, here are some basic tips for hiring a contractor:

Know what you want before hiring a contractor

As a client, you have full control over the process of hiring a contractor. To make the process smoother, make sure you have a realistic idea about what you would be interested in before talking to contractors.

For example, if there are specific architectural elements or styles you want to prioritize, make those priorities known early in the conversation.

Get estimates from several contractors

Prepare three or more estimates before deciding. The more you know you can understand the cost, the better you're sure of their caliber and work ethic. For example, one company could offer the lowest price, but increase it based on specific requests like building materials.

Do background checks

Even if friends or relatives suggest an existing contractor, you need to establish the minimum qualifications just in case. Find out the full company address and ensure the company is registered with an active state license. Get information about their licenses and policies and ensure they are valid.

Set the boundaries of the job site

Communicate with your general contractor about what to expect on the job site. Have them confirm routine precautions are being taken and that their employees are protected by the company's policies.

Establish ground rules on aspects you care most about, such as timeframe and the number of workers you should expect workers on your property. Also, confirm who will be obtaining all the necessary permits.

Know what you're paying for

Free quotes are tempting, but the project costs may exceed hundreds of thousands of dollars. Ideally, you want to get a detailed proposal with the project budget broken into line item expenses for labor and materials.

While it may require a fee for this cost breakdown, it’s well worth it to know what you’re paying for before approving the bid.

Shopping for general contractors can be a long process, but it doesn’t have to be overly complicated. To find the right contractor, keep these important steps in mind, and you’ll be in the best position to complete your project.

About the Author
Author

Kyung Kim

Hi, I'm Kyung Kim. I immigrated from South Korea to the United States in 1968 when I was 7 years old. I have seen my mom struggle with the English language and work hard to raise her four kids by herself. Still to this day, I don't know how she pulled it off, but she bought her first home in 1979 for $70,000 and because of that decision, she was able to live without worrying about her financial future. I want that for everyone, to feel the pride of home ownership and to build their financial wealth using real estate as part of their financial portfolio. I feel so blessed to play a small role in helping others reach this goal.

I live in Beaverton with my husband, Richard. My mom, who lived with us for several years, passed away in our home in February 2022. Her first home purchase in 1979 made it possible for her to live to the very end, without worrying about her finances. As of August 2022 with a little downpayment assistance, our four children own their own homes. Being in real estate, I quickly realized that if they didn't buy now, they may be priced out of the market in the future. Whether that would have been the case, we will never know, but what we do know is that they are all realizing some good, healthy appreciation in their home values.

As passionate as I am about people owning their homes, I'm also passionate about giving back to our community. I support Compassion First, a non-profit organization that provides aftercare for sex trafficked girls in Indonesia. My husband and I also feel called to financially support social injustice organizations.  

I'd love to assist you. Whether you're in the research phase at the beginning of your real estate search or you know exactly what you're looking for, you'll benefit from having a real estate professional by your side. I'd be honored to put my real estate experience to work for you.