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Scrutinize Your Vendors

Blog Contributor Business Challenges, Code of Ethics, Commitment to Excellence, ethics 1 Comment

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Cory Brewer

By Cory Brewer

Having a buddy who is a handyman, or a friend of a friend who paints in their spare time, is great…but trying to save a quick buck or two now could cost you, your brokerage, and your client a lot more down the road.

When prepping a home for the market or making inspection repairs, thoughtful consideration must be given to those who are hired to do the work.  Movers, stagers, plumbers — they all fall into this category.

One recent example from my brokerage where this comes into play:  A vendor was brought in to do some cleanup work in a top-floor condo unit of a multi-story building.  Oops…he stepped on and broke sprinkler pipe up in the attic/roof space and damaged not only the unit he was working on, but the two units below as the water leak went wild.  The insurance claim reached six figures and involved multiple home owners.  Our brokerage policy is to only use vendors who are properly insured…and this is exactly why.  This particular vendor came forward and processed the claim through his insurance.

Hiring someone on the cheap may sound good at first – especially when on a budget – but the time and money it costs to fix something that wasn’t done right the first time can really add up.  Scrutinize your vendors and make sure that they will stand behind their work.  If anything goes awry, your clients will thank you for recommending the right people to work with.

Cory Brewer is a REALTOR® in the Seattle area and Operations Manager at Windermere Property Management / LGA in Bellevue. Connect with Cory at www.wpmnorthwest.com.

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Comments 1

  1. Scrutiny is vital and getting good quality work without breaking the bank is very important. Value is the key. There are vendors out there who provide high quality services at reasonable prices. You just have to do the footwork to find them. Great post Cory.

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