A question that every real estate investor will face one day is: When and what precautions should I take when hiring a construction company?
Those who start investing in small constructions may be used to hiring an engineer or architect to be responsible for the work, hiring service providers (bricklayers, painters, covering installers, locksmiths, carpenters…) with a recommendation. At a given moment, the volume of decisions grows, and you may be unable to keep up with everything.
This is the time to count on a construction company such as zenith building for example that fully executes construction based on projects drawn up by architects and engineers. A good construction company offers at least three major
Advantages For The Contractor:
Deadline control: that is, the start and end date of the work;
Cost control: You will have the price to pay for the execution of the contract;
Quality of work: You will count on the experience of professionals who carry the lessons learned in other constructions.
This article will show you the main steps and precautions when hiring a construction company like second story addition contractors for example to work on your real estate investments, be it a house or an entire building.
Differences between construction companies, contractors, and developer
Many people are confused about a construction company, contractor, or developer. As this is a very common question, let’s clarify the difference between these concepts before explaining how to hire the construction company:
A construction company can carry out any work based on projects (paper or digital plans) with its employees or outsourced subcontractors. In practical terms, you deliver the land and projects, pay the construction company, and they deliver you a ready-made building. It will need at least one civil engineer as a technical person (either directly or as a service provider).
Having a technical manager is not mandatory, so most work as subcontractors for construction companies. The term “contractor” is also used to refer to construction companies of large infrastructure works (such as dams, roads, and bridges).
A developer is responsible for registering and selling a real estate project (e.g., buildings and house condominiums) with a notary’s office. She doesn’t have to be a builder; she can hire one. Many developers are also construction companies, but this is not the rule.
Grouping these concepts so that there is no doubt the developer is the entrepreneur who buys land to build and sell a building. He hires a construction company with an engineer responsible for the work to do this. This engineer will hire several contractors to help him with the construction, including bricklayers, plumbers, electricians, painters.