“How to compare apples and apples…”
Putting your projects out to tender is a critical part of the development process, however it can be fraught with difficulty. Who should you ask to quote and how many contractors should you ask? And what exactly should you be asking for?
One of the key problems that developers encounter is that they either get too few quotes or the quotes they get range from the sublime to the ridiculous. In some cases, it’s as if they’re quoting for a completely different job! So how can you make sure that your shortlisted contractors are quoting apples and apples, and give you a fighting chance of picking the best one?
In this episode Ritchie dives into the tendering process, highlighting some key tips not only for selecting the right contractor, but how you can make sure that the quotes you get back are detailed enough for you to be able to compare quotes properly.
We also hear a debate on some practical considerations regarding the redesign of the propertyCEO training suite plus we discover that for some people, carpet swatches can be a source of embarrassment and confusion.
The propertyCEO Podcast gives you an inside track in the world of property for investors and developers, both new and experienced. Your two hugely experienced hosts discuss a wide range of subjects, while usually managing to disagree about something. A highly relevant yet often irreverent look at the world of property from many different perspectives, the propertyCEO Podcast is your one stop shop for tips, anecdotes, and highly useable property and business information.
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Hosts: Ian Child and Ritchie Clapson
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