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Question DetailsAsked on 7/19/2016

A roofing contracter gave me an estimate on roof replacement. Asking for 1/2 up front. Great BBB rating.

Is this normal or shall I insist on total payment when job is complete?

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2 Answers

0
Votes

Hi,


This is Nick from Angie's List! Here are a few articles I found that I think could be helpful.


https://www.angieslist.com/articles/w...


https://www.angieslist.com/articles/r...


https://www.angieslist.com/articles/6...


Good luck with your project!


-Nick O.

Answered 2 years ago by nicko

0
Votes

You did not say what their Angies List ratings and reviews are like - you should know that BBB has had a number of cases (with myself inlcuded) where they have called vendors and offerred an "upgraded" BBB listing where, for a substantial amount of $, they will upgrade your rating - so to me they are nothing but a scam. You can find a lot of other comments to that effect on the web also.


Some good points in the articles AL linked for you - especially bout the contrator being bonded and insured, because those are the places you would go to if yo uneeded to recoup your money (or get work redone by another contractor) if it is left unfinished, done wrong, not done at all and contractor skips town, etc.


50% up front is a lot, especially for a roofing job that might take only a day or two and where the materials (unless special order) are typically picked up the day before work starts or that morning - especially for a typically $5-10,000 reroof job. I would say negotiate - not more than 10% up front as a deposit (especially if reserving a date in the prime roofing season), then maybe 40% more upon delivery into your garage or on the roof of the materials - and make sure the materials are onroof or locked away at night so a shady contractor can't take them back, if job takes more than one day because of large house or rain or such. Remainder payment upon completion of job AND lien release from major $ roofing materials supplier and lien release from contractor.


In our area, with short roofing season, winter reservations tuypically go for 10-20% down payment a couple to few months before scheduled install date, another 30-50% sometimes upon materials delivery (many roofers skip that payment if job is only a reroof so only expected to take 1-2 days, but will want it if any roof framing repair is needed too) then remainder upon completion and acceptance.

Answered 2 years ago by LCD




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