Renovations: Risky Business


Know the Risks When Hiring Contractors

Home renovations includes risks to the homeowner, the contractor, the worksite construction workers, visitors and neighbours. That’s a lot of accountability! Construction worksites can be hazardous, and despite everyone’s best efforts, accidents can happen. A construction worker could get injured or the contractor could accidentally damage your neighbour’s property; mitigating your risk is vital. How can you do that?
In the non-regulated industry of construction it is imperative to hire bonded, licensed and insured contractors.

In our experience, speaking with homeowners, who only thought the contractor was insured, they tell us “we felt embarrassed to ask for proof of credentials. The contractor seemed to be offended we asked, and the relationship went sour afterwards” You shouldn’t have to feel this way because the RISK is yours! is the solution!

Licensed Contractors

contractor Hiring an unlicensed contractor is a financial risk, as there’s a higher likelihood the work will not meet local building code requirements, and if this happens, you will be responsible for ensuring the repairs are redone properly and that work is up to code. You also run the risk of having your homeowner’s insurance policy voided if a claim arises as a result of the work done by an unlicensed contractor.

Hiring a licensed contractor limits your risk. Licensing offers verification that the contractor has met certain industry training standards. Therefore, there’s a higher probability their work will meet local building code requirements. Also, licensed contractors are more likely to carry insurance and workers’ compensation coverage.

Check with your provincial, state and local municipal offices to verify whether licenses are required for the specific type of home professional you are hiring. If licensing is required, ask the contractor for a copy of their license and check it is valid.



Staged 2 Sell(TM)

Author Since:  30 January 2021

Christine Rae blends her passion for the staging and decorating industries, her desire for helping people develop their potential, the thrill of training to the presentation of the CSP(TM) workshop. She has honed her skills and built her knowledge through extensive training in a variety of disciplines. During the last five years Christine has trained over 1600 people and in 2004 was recipient of an International Staging Award. Christine believes a crucial part of success as a trainer is to keep your hand in the industry you speak and teach about. This is why she continues to work (outside of training sessions) at building her own staging business, and works with a select group of Realtors(R). The best business anyone can have is from a referral - it is an honor and priviledge to work with you and your sphere of influence.

Having a diverse background has facilitated Christine's successful development of her business Decorating Solutions Inc and has hands-on experience in preparing homes for sale, interior decorating and one-day decorating. Her professional experience also includes corporate management, direct sales, marketing, financial management, team development and Human Resources.