Uploaded on Jul 22, 2021
Here are some of the reasons why contractors working with real estate investors can have a tremendous positive impact on their profit margins.
How contractors earn more when working with real estate investors
How contractors earn
more when working with
real estate investors
In the contracting business, having a reliable and consistent flow of
work is the ideal scenario for every general or independent
contractor. Contractors who work with real estate investors see a
tremendous increase in yearly revenue and it’s a niche market that
they should be paying more attention to.
For real estate investors, they understand that time is of the
essence when it comes to getting their properties ready for renters
or house flipping.
Therefore, they are always ready to hire the best and reliable
contractors who will guarantee them speedy renovation and repair
work to get their property on the market fast.
The following are some of the reasons why contractors working with
real estate investors can have a tremendous positive impact on
their profit margins.
Investors tend to have larger projects
Remember that a large portion of real estate investors is in the
business of purchasing distressed properties that need major
repairs. When contractors bid on these projects, they are vetted via
the real estate investment community based on their qualifications,
reputation, and past project craftsmanship.
For those contractors who have proven investment property
renovation experience, they tend to be awarded more of the larger
renovation projects.
A good relationship with real estate investors
open doors for repeat contracts
Contractors working with real estate investors get a unique
opportunity to showcase their expertise and experience in handling
investment property renovation projects professionally. If
contractors prove that they are reliable and do great work, they will
have created good working relationships amongst the real estate
investor community.
As a result of their good reputation and well track-record, they stand
a better chance of obtaining more referrals and winning more jobs.
Getting repeat business means a long-term engagement and more
contracts which earns contractors more stable income in the long
run.
Proper time and resource management
Time management is of great essence when it comes to project
management. Contractors who work with real estate investors must
adhere to proper time management to complete the investment
property renovation project on time.
As a contractor who deals with home renovation projects, if you
have never worked with real estate investors before, you should
consider exploring this opportunity to maximize your profits.
To help you find and win bids easily, we have developed a digital
platform called Renozee which brings real estate investors and
contractors together.
The platform is free to join and it comes with the following benefits;
It offers a more simplified bidding process to all contractors
All bids are visible to you to help you place a more competitive bid
to increase your chances of winning an investment property
renovation contract
Contractors can follow all the bid communications easily
There is no lead or even a monthly subscription fee that is charged
Therefore, if you want to earn more income and consistent work as a
contractor, start working more with the real estate investor
community. It will be a win-win for your contracting business.
Download our android app or iOs app.
Get in touch with
us
PO Box 1175 PMB
30072
(C8in8c8i)n-3n7a1ti-,6 O1H1 145201
[email protected]
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