10-29-2013, 11:44 AM
My advice is do not enter into a general contract to build your home. Interview project managers for experience and references. Negotiate a project management agreement (PM). Pay a fixed fee. A PM will act as your agent to solicit bids and inspect progress, you will write checks and make decisions.
Advantages:
1. A PM can be fired and is pay as you go. A GC that goes bad ends up in court losing mucho money and time.
2. A GC's goals are in conflict with your goals. A PM's goals are your goals.
3. With a PM all expenses, estimates, costs and bids are known to you. With a GC you will never really know what things cost.
Advantages:
1. A PM can be fired and is pay as you go. A GC that goes bad ends up in court losing mucho money and time.
2. A GC's goals are in conflict with your goals. A PM's goals are your goals.
3. With a PM all expenses, estimates, costs and bids are known to you. With a GC you will never really know what things cost.
Assume the best and ask questions.
Punaweb moderator
Punaweb moderator