Stop Treating Major CapEx Like an Emergency – FREEthR Brings Transparency to Contract
I liked watching Bar Rescue. Jon Taffer walks into a failing bar, and inevitably, there's an owner tired of giving away money and employees acting in their own best interests. The bartender pours heavy, gives away free drinks, and gets big tips. The owner gets the bill.
Property management has a similar problem.
The PM is the bartender. They call "my guy" for major work; no competitive bidding, no defined scope, no documentation. Just a phone call, a verbal approval, and a bill passed along to ownership.
The PM looks efficient. The vendor gets the work. The owner gets the bill.
What does the PM get? A relationship, maybe donuts once a quarter, and the feeling of being the one who can "make things happen."
Maybe, but that's not what drives these decisions.
Primarily, they get their afternoon back. They get it done, fast—the way it's always been done.
When you knew the roof needed replacing for months, or the decks needed rebuilding for a year, was speed really the priority? Or was it just the path of least resistance?
Cui bono? Who benefits?
The owner gets the bill. The PM gets the "network." The vendor gets the work.
FREEthR is the third option.
We handle the legwork so you get competitive, documented bids from vetted local contractors; without adding to your team's workload. Single scope. Multiple bids. Clear documentation. No cost to owners or management.
What FREEthR delivers:
- * Standardized scope of work
- * Competitive bids from vetted contractors
- * Side-by-side bid comparison
- * Clear documentation for ownership
- * Free for management and ownership
If you're an owner or investor, at what dollar amount would you want your PM to collect multiple bids? $10k? $25k? $100k?
If you're a property manager, how much of your week is spent chasing bids and reconciling inconsistent proposals?
FREEthR handles the legwork. No cost, no runaround.
Visit FREEthR.com to learn more or reach out directly. I'm happy to walk you through how it works for your portfolio.