On Your Mark, Get Set, Go! Once you've selected two or three potential contractors, gather up all of your information and reach out to each one for a free quote. This process is called RFQ, short for Request for Quotation. You will want to provide as much detail as possible in order to get an accurate figure back from bidders. Schedule a time when bidders can meet with you in person to review your details and the actual work site. Don't forget to include a date when quotes are due, so that you're not sitting around waiting to get them all back. After all your hard work and research, there's no greater feeling then knowing what you're talking about. Make sure the contractor understands that you've done your homework. Use your newly acquired terminology with them and be clear about what you know and what you expect. Your new skills will help you tremendously when your project is quoted and during any negotiations. You should feel confident that you'll be getting what you pay for.
Make sure that you request the following documents from all bidding contractors:
" A current copy of their License & Insurance " Proof of Workman's Compensation " Customer References (be sure to take the time to contact each one!)

You're It! Once you've received all your quotes back, it's time to compare them. Each should include detailed information such as the description of work to be performed, cost of materials, cost of labor, estimated completion time, warranties on any product and labor and of course the price quote for your project. Although the quote isn't an actual contract, it should cover most of what you should expect to see in the actual contract. Remember that although price usually weighs the heaviest when selecting your contractor, remember that cheapest isn't always better. There are many factors that you should consider before making your selection. Review each one closely.

Done Deal. It's finally here! Time to get moving. Next time you meet with the contractor, you will be required to sign a contract. It is a good idea to have a copy of the original quote document handy. All of the items and any amendments you discussed with the contractor should now be in your contract, along with much more detail. Verbal agreements are not acceptable, so make sure you take the time to review it all and make sure it's in writing. Consider having an attorney review your contract for large projects prior to signing it.
So there you have it. With a simple combination of gathering, sharing, planning and learning, you can in fact complete a very smooth and successful home improvement project. While minimizing unnecessary stress, maintaining control and that wonderful smile, all the way to the bank.

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