Consumer advice columns will tell you that seeking competitive bids is the standard approach to get the best price for a remodeling project. But it also has some unfortunate consequences that go well beyond the pitfalls of choosing the cheapest proposal.
The best ideas you’ll never see
Let’s say you get a draftsman to draw up a simple plan and invite three or four contractors to submit bids. The first given is that many contractors won’t share their best ideas if they think it will add to the cost. For instance, they will start (more…)