VIDEO: Good and bad renovation contracts and payment schedules, with Reiner Hoyer
Steve Payne
Videos Canadian ContractorReiner Hoyer is one straight-talking renovation consultant. Here he tells us what makes a good and bad renovation contract.
Reiner Hoyer, former general contractor and now one of Canada’s most outspoken renovation consultants (The Reno Coach), dishes on good and bad renovation contracts and payment schedules.
If you’re working for a homeowner, if Reiner is on their side, it’s going to be by the book.
If you’d like to have Reiner consult for your renovation firm, the number is on the screen.
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Penalty clauses don’t work unless you have reciprocal bonus clauses. Life is not a one way street. If you speak with any reasonable lawyer he’ll tell you that. Never sign a contract with a penalty clause, but get the work done as quickly as possible.