How to Pick Out a Good General Contractor

By
Real Estate Agent with Linda Craft & Team, REALTORS® NC 247573

Picking a good General Contractor is critical to the succesful sale of your home. Let's examine what makes a good contractor by starting with what could happen if you choose the wrong one.

  1. Your sale will be delayed.
  2. The repairs will end up costing more due to having to hire another GC to finish the job.
  3. Your sale could fall apart if repairs are not done satisfactorily and buyer chooses to termintate the contract.
  4. If the result is a lost sale becuase of poor workmanship, the buyer can sue for reasonable damages associated with the breach including; inspection fees, full refund of Earnest Money deposit and Due Diligence funds, etc.

Knowing how crucial the contractor is an obvious good first step. Let's see what makes a good contractor. Lifehacker has a pretty good post on the subject of hiring the right contractor for repairs. Below are some tips to follow when hiring a GC.

  1. LICENSED. A Contractor should be insured and have all of the proper licenses.
  2. REFERENCES. A contractor should have plenty of legit references.
  3. ITEMIZATION. A contractor should be willing to itemize the job with an estimate for materials and labor. They should also stay within that estimate unless they discover a problem, then they should contact the person who hired them beofore proceeding to undertake additional repairs.
  4. REPORT. A contractor should be able to provide a report of the what work was done to satisfy the particular repair item on the inspection report.
  5. COMPLETE. A contractor should be available to return quickly to fix any items that may have been missed.

With the necessity of so many things needing to go right within a real estate transaction, choosing the right contractor can make things go smooth. Choosing the wrong one can be a headache.

 

Posted by

Nogui Aramburo
Real Estate Broker | Manager
Linda Craft & Team, REALTORS
www.lindacraft.com
(919) 771 3609

Comments (2)

Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Good advice - I have a list of great contractors in the area that I share with my clients - they can make or break deals.

Dec 16, 2012 11:27 PM
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

This is good advice. Agents should know license requirements for contractors specific to their state regulations. 

People never same money by hiring incompetent contractors. Not only can it be more costly if it needs to be redone, there's liability there too.

Nov 08, 2017 06:59 AM