How To Get Multiple Project Bids And Choose The Best One

Maybe it's because you're not sure how to get multiple contractors to bid on your job, and then how to choose the best one to fit your needs. Don't worry, we're here to help! In this blog post, we'll share tips from the pros on how to get competing quotes from contractors and finally choose the best one for your budget and needs.

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1. Get organized — make a list of everything you want to be done and have a basic understanding of what you're willing to spend.

When creating a  home renovation project, be sure to be clear about what work needs to be done. If you're not sure where to start, we recommend doing a quick Google search on similar projects or browsing Pinterest for inspiration. Once you have a good idea of what you want, it's time to start fine-tuning the details so contractors can quote as accurately as possible and avoid extra costs down the road.

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2. Provide a detailed description of the project's goals and your inspiration

When you're thinking about a home renovation project, it's important to have a clear vision of what you want to achieve. What are your goals with this project? Are you hoping to create more storage space? Boost your home's energy efficiency? Or are you simply looking to update the style of your home and make it more modern?

Once you know what your goals are, it's time to start gathering inspiration to fine-tune the details. Look online for photos of spaces that you like. Once you have an idea of what you're drawn to, start collecting specific details like paint colors, hardware, flooring options, etc. The more specific you can be about the details, the easier it will be for your contractor to give you an accurate quote that meets the goals of the project.

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3. Find the right contractor

Now that you know what you want, it's time to start looking for potential contractors. You could struggle through searching google for credible companies, or hope a friend or family member knows a guy who knows a guy who won't rip you off.  Or, you could use Bidmii.  Posting your project on Bidmii is the best way to find contractors in your area. Bidmii works by connecting homeowners with contractors in their area. Simply create a free account, post your project, and start receiving bids from local contractors.

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4. Get multiple bids

With any home improvement project, it's important to get multiple bids. This will help you get a competitive market price for the job. You can get multiple bids from verified contractors in your area by posting your project on Bidmii. Bidmii enables you to compare the bids and view each contractor’s  ratings and reviews from other homeowners before making a final decision. You can even invite specific contractors to view and bid on your job, which will also help increase the number or bids you recieve.  

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5. Review contractor's profiles and check their ratings and reviews

Reviewing a contractor's profile on Bidmii is a great way to see what areas a contractor specializes in, and what their specific skills and certifications are. Contractors can also choose to have Identity Verification and Background Checks completed and listed on their profiles, which adds an extra layer of security for homeowners. You can also see their past projects, ratings, and reviews from other homeowners. On Bidmii, all contractor (and homeowner! ) reviews are completed only after a project is finished and approved by the homeowner, so you know that all ratings and reviews on Bidmii are purchase verified and genuine. Reviewing a contractor's profile should give you a good sense of whether a contractor that has given you a quote is experienced in the type of work you need to be done, and how satisfied other homeowners have been with their work.

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6. Understand and compare the details of each quote

Before you choose a contractor for your home improvement project, it's important to understand the details of the costs and the scope of work that is included in each contractor's quote. The cheapest quote might not be the best one for your needs. In fact, over 70% of projects on Bidmii get awarded to the contractor with the highest rating which is often not the lowest bid. Each quote should outline the work to be done, with a breakdown of costs including material costs and details, labour costs, and a contingency fund. It should also include a schedule or timeline for the work to be completed. Make sure you understand all the terms of the quote and compare how different quotes may include or exclude certain things that are relevant to the project before you decide on a quote.

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7. Choose a contractor and accept their bid

Once you have received multiple quotes from contractors, reviewed their ratings and reviews, and carefully compared quotes, choose the contractor that is the best fit for the job with a quote that fits into your budget. On Bidmii, once you've decided what quote to go with, you accept the contractor's quote and pay for the quote through Bidmii's secure payment protection system. Bidmii then holds the payment in trust until the job is completed and approved by the homeowner. That way, the contractor knows the money is available, and the homeowner knows their money will not disappear before the work is completed to their satisfaction. It's a win-win situation for everyone!'

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Hopefully these tips will help you get multiple bids on your home improvement projects, and have the confidence to choose the best one to fit your needs.

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