Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago on . Most recent reply

User Stats

20
Posts
6
Votes
Damien G.
6
Votes |
20
Posts

Contractor Quote / Estimate Fee for Repairs

Damien G.
Posted

Below is part of an email I received from my property management company after I asked them if they could get me three quotes for repairs / work that need to be completed:

"Damien,

Estimates are not going to be free ( Cost of normal estimate is $89) and I might can get two different estimates but I don't have 3 licensed vendors to do estimates for all the stuff on the list.  In order for us to be able to pay from the rent they have to be licensed and insured. I can give the list of repairs to two vendors and have them go out and give estimates for all and then we work from those list to do the work."

Is this normal? I've never heard of paying a fee for a quote or an estimate. This property is in South Carolina.

I appreciate any advice you all can give me!

Thank you in advance!

Most Popular Reply

User Stats

12,332
Posts
14,946
Votes
John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
14,946
Votes |
12,332
Posts
John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied

Contact contractors directly and ask for a repair quote. No contractor should be charging for quotes.

Maybe you PM is charging for picking up the phone to schedule contractors?

You should find a new PM. They already take part of your gross income every month.

  • John Underwood
  • Loading replies...