There are many excellent contractors out there and many terrible ones. The same goes for clients. If youโ€™re struggling to find the right one for your needs, it might help to study your approach.

This article will look at the most common reasons people fail to find good contractors.

Excessive Expectations

Clients want fast and efficient contractors who are always available to start a project on short notice. They are usually also looking for contractors who:

ยท Provide great design ideas

ยท Provide excellent remodeling suggestions

ยท Are reliable, punctual, never waver from the agreed schedule

ยท Work with very little oversight

ยท Have creative solutions to problems

ยท Give the highest quality work

ยท Provide professional quotes and invoices

ยท Have proper licensing

ยท Provide insurance coverage

ยท Have rock bottom prices

When you consider some clients wonโ€™t compromise on any of these requirements, it becomes obvious why finding a โ€˜goodโ€™ contractor is challenging. If a contractor who fulfills all of them exists, it might be a good idea to run a background check on them. When something seems too good to be true, it probably is.

How to Reach a Compromise With Your Requirements

It comes down to price vs. value. You canโ€™t afford to go way over your budget, but you donโ€™t want to pay so little that youโ€™ll be left with poor quality. Ideally, look for a service provider with the right combination of qualities. Make a list of non-negotiables and stick only to those.

For instance, you donโ€™t need someone with design ideas because youโ€™ve already hired an interior designer with neon aesthetic lights.

Going for the Lowest Price

Traditionally, people would get three bids and take the lowest. There is a problem with that approach. Bid-shopping takes time, which is something not everyone has. You end up with low quality to boot.

Contracting is a service, not a product. You get what you pay for. Usually, the lowest bid equates to the worst work quality.

At the same time, you shouldnโ€™t overpay. The solution here is to go back to your list of non-negotiables and compare prices only for those. A contractor might have amazing qualities beyond that list, but what difference does it make? If they donโ€™t score well in essential categories, get rid of them.

Put the quotes you get in the same order as the service youโ€™re receiving. Discard any price thatโ€™s much more or less than the average. Low bids are suspicious because the costs for a job donโ€™t suddenly drop. A high bid can mean higher overhead, better service, or simply overcharging.

The Risk of Itemized and Labor Quotes

Typically, youโ€™ll only get a labor quote if the contractor is working on an hourly basis. The best contractors donโ€™t offer itemized quotes. Most people donโ€™t grasp the concept of overhead. Contractors have plenty of it: taxes, licenses, sales commission, advertising, job supervision, insurance, office expenses, accounting, insurance, etc. Overhead expenses can be more than 50% of revenue.

Then, you need to consider the companyโ€™s profit. An overhead of 20% and a profit goal of 6% will yield a markup of 26% on the job.

Contractors donโ€™t want to give โ€œlabor-onlyโ€ quotes as they have no bearing on their overhead. You might eventually get one if you push hard, but theyโ€™ll be bad with the business side of things, ultimately going out of business.

As the variables and unknowns are too many, contractors tend to overbid on some items and underbid on others when providing an itemized list. The investor will then try to defeat the contractor on prices. They can lower the overbid prices, but they canโ€™t increase underbid ones, so they end up losing money. Itemizing out a big item is the exception, such as a price with several scenarios.

Mismatched Goals

Most service providers want to make a fair wage and provide good quality work. These are both subjective concepts, leading to misaligned expectations. To ensure alignment, ask the contractor about their previous projects. They might not be a good match if they typically work in mid-level neighborhoods and yours is high-end.

Their business model should line up with your requirements. You might need a contractor with support staff and a back office if you want excellent customer service and follow-up. If you need engineering or design, look for a company with a design team or salespeople.

A small crew without additional services will be sufficient if your job is simple and no-frills.

Shifting the Focus

Itโ€™s one thing to find a cheap contractor and quite another to find a good one. If finding and keeping a quality professional is hard, you might need to shift your focus. Focusing on the end price is a sure way to find poor services. Remember: good contractors have many customers and arenโ€™t desperate for your business. Instead, focus on services and look for someone who offers them at a fair price.