#2 Interview each building company. But how do you decide if a builder is good or bad?

Once you’ve created a short list of two to three companies, the next step is to talk to them. Bring them to the building site, sort of like your own interview.

You want to hear them speak about the job.

Ask questions as if you are trying to be educated … but really, you want them to show you that they know their stuff.

Listen for:

• a sound knowledge of building code
• Whether they are methodical; they should be able to give answers reasonably quickly.

For example, if you want to reshuffle a bathroom around. You want to hear the process they would take. e.g. steps 1,2, 3 and 4.

If they can’t answer that’s potentially a red flag.

Either they might not know the building code (yikes) or if they do they can’t communicate well with you.

It’s also a good idea to try and line up the electrician and plumber to come to site at the same time. This way you can second check any ideas coming from your builders.

Everyone on the same page is a positive sign.

What are some common mistakes people make when choosing a builder?

Here are some of the mistakes investors often make when choosing a builder –

Mistake #1 – Just accepting the cheapest quote

It’s very tempting to just go for the cheapest quote.

But you can’t have it all. You can’t take the cheapest price and get the best job.

First-time renovators can get tunnel-focused. They just focus on the figure at the bottom of the quote, not thinking about what that quote does (or doesn’t) include.

You want to look for the perfect balance of cost vs quality.

Mistake #2 – Only getting one quote

Don’t assume something is right because it comes from a builder. 

Always get at least 2 quotes. 

This can save you thousands.

Mistake #3 – Not checking all the details

Make sure your builder is a licensed building practitioner. Check the register online.

This is one sure way to prevent things from going pear-shaped.

Not only that but check out their reputation online. Look at Facebook groups. Do a Google search.

If they’ve done anything bad in the past, it’s probably mentioned somewhere online.

How do I avoid hiring a dodgy builder?

Not all builders on NoCowboys or Builderscrack are dodgy.

It’s just a bit higher risk than getting a recommendation.

That’s why you’ve got to make sure the i’s are dotted and t’s crossed before you pay them money.

Using these tips, you should be able to avoid a lot of stress and anxiety and pick the right builder for you.