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Why Your "Lowest Bidder" Strategy is Bankrupting You
There is a disease in the real estate industry called "Bid Shopping." It is the obsession with finding the absolute lowest price for a construction project, regardless of the consequences. Owners pat themselves on the back for saving 5% on the contract price, only to lose 20% in delays, change orders, and lost rent. It is a short-sighted strategy that ignores the total cost of the project. Sharpline Inc challenges you to stop looking at the price tag and start looking at the value.
Let’s be real about what the "lowest bidder" actually buys you. It buys you a general contractor who is understaffed and overcommitted. It buys you cheap materials that will fail in three years. It buys you a project manager who is never on-site. When the inevitable problems arise, that cheap contractor disappears, or hits you with a massive change order because they "didn't see" the plumbing issue in the walkthrough. You are not saving money; you are buying a headache on an installment plan.
Contrast this with professional Multi-Family Properties Renovation Contractors. Their bid might be higher. Why? Because they actually included the cost of doing the job right. They included the cost of proper supervision, insurance, and quality materials. They included a contingency for the unknown. When they give you a schedule, they hit it. When they give you a budget, they stick to it. The "premium" you pay upfront is actually an insurance policy against disaster.
And consider the opportunity cost. If a cheap contractor takes six months to do a three-month job, you have lost three months of higher rent. On a large property, that loss dwarfs the savings on the construction contract. You are tripping over dollars to pick up pennies.
It is time to grow up and treat your assets like a business. Quality costs money. Speed costs money. Reliability costs money. If you aren't willing to pay for them, you don't deserve the returns they generate. Stop bidding for failure and start investing in success.
Upgrade your approach at https://sharplineinc.com/.
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