How can contractors add value?

Question

I am a general contractor who solely works with investors and property managers.

We are blessed with having a full plate and I can not staff up enough! We got to this point by doing 3 things

1. Always doing what we say we will when we say we will, no matter what!

2. We hold our selves accountable and never leave on bad terms, even if it means I lose money.

3. ALWAYS Add value every chance you can. We love this because often time it costs next to nothing and builds great relationships.

Finally the real point!

What are some ways a contractor can add value to you?

Kris L. · Answer

My top 3 priorities for a GC are

1. Accurate quote in both schedule and cost.

2. Communication

3. Reliability/consistent work quality.

I can deal with a higher price on the quote if I get those 3 items from the GC.

Joshua Howaniec · Answer

@Fletcher Hardy As a project manager at a flooring company in Indianapolis I work this in my head a lot too. I also primarily work with investors and I have found that “adding value” isn’t always material. So I ask myself

What are an investors concerns? What do they need? What might be unique to them? Etc

I like to provide information. For example as they are deciding on flooring options for their flip I will make my suggestions based on what the COMPARABLE recent homes sold with. I will take on their mindset and consult like that. To give that one example.

There are other ways. But certainly having info and a network to share is valuable.

How can contractors add value?

2 Replies