5 ADVANTAGES TO HIRING A SELF-PERFORMING NATIONAL GENERAL CONTRACTOR VS. A LOCAL GENERAL CONTRACTOR
5 ADVANTAGES TO HIRING A SELF-PERFORMING NATIONAL GENERAL CONTRACTOR VS. A LOCAL GENERAL CONTRACTOR
Choosing a general contractor for your new renovation project is probably the second most important decision you will have to make, aside from the actual decision to purchase the asset.
One question that may come to mind when choosing is whether to go with a national general contractor or a local one.
EXPERIENCE
Experience may vary regardless if the general contractor is national or local. In many cases, national general contractors have had more exposure to different types of renovation projects, allowing for them to also be more experienced.
Be sure to look into their portfolios and assess if their fit and finish matches your overall goals.
KNOWLEDGE OF THE MARKET
Local general contractors would customarily be the first choice when it comes to hiring a firm that has knowledge of the market. National general contractors may have already completed projects in the market in question and have a deep understanding of it.
If it is a new market for the national general contractor, they should be completing their due diligence ahead of your initial meeting, researching what the market calls for, digging into building and permitting rules and regulations.
WORKERS
When it comes to having access to key workers, going with a self-performing national general contractor is the way to go. Self-performing means that the GC has on staff well-vetted workers needed for the renovation. All workers are employees and not subcontractors, which makes a huge difference when it comes to overall management and quality of the finished product. The team can be composed of plumbers, electricians, painters, roofers, – all who have worked together on previous projects and have a well-defined process in place.
LOGISTICS
As mentioned above, self-performing general contractors manage their teams. Asset owners that choose to contract with them don’t have to worry about the nuances of the project itself or hire an outside management company.
BRANDING
National general contractors are the perfect fit for asset owners that value consistency when it comes to branding. Having one company move from project to project with a clear understanding of your branding is very important when keeping consistency.
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