What if my contractor does not want to use Renovation Trust?
Most contractors will ask their customers for a deposit in order to secure their business. However, this practice leaves both the homeowners and contractors at risk. With Renovation Trust, a homeowner never has to give a deposit directly to a contractor and that may leave some contractors worried.
Renovation Trust is a neutral third party that provides homeowners and contractors with tools to protect their money and better manage projects.
For contractors, we make the payment process easier. Here are some things you can tell your contractor about Renovation Trust:
- Instead of getting paid at the start of a project and at the end, contractors are paid throughout the project as work is completed.
- Both starting and managing a project is easier with Renovation Trust. Your account allows you to not only upload photos and important documentation but also keep track of any changes made by either party.
- Changes to the project that may alter the scope of work or price of the project are updated in real-time and must be approved by both parties. Renovation Trust makes sure to minimize misunderstandings and lessen the risk around renovating.
Renovation Trust protects both parties from fraudsters and from unforeseen circumstances. Like homeowners, contractors too are at risk of getting ripped off. If your contractor does not want to use Renovation Trust, it will be difficult to protect your money during your project.
Good contractors will always want to protect you and themselves.
Explore the how to invite your contractor page for more information!
Any questions? Contact us today!