A new Handyman Wants 75% of Labor Fee in Advance and 100% of Material!, Thoughts?

When I bid a job, I require 1/3 down when the customer returns the signed contract. The contract specifies the next draw, if applicable, and the balance is due upon satisfactory completion of the job. This protects both me and the customer.

I submit a lien waiver when the last payment is received, so make sure you get one from your handyman. This prevents him or one of his suppliers from placing a lien on your home for unpaid bills. The 1/3 I get up front pays for materials for the job, up through the point of the draw.

Hope this helps.

NEVER pay in advance unless it is someone you have worked with before and you trust COMPLETELY. You might have to pay 'materials' fee --just enough to buy a starter supply of materials. A good handyman will give you a breakdown of your fee -- how much is labor, how much is materials, etc. Then pay the rest when you are satisfied with the completed job.

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