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Old 08-13-2012, 06:25 AM   #31
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Originally Posted by havalife View Post
I don't care if they are middle, high, or low. If NWFixer plans everything right he should do good, The last thing he needs to worry about would be his final payment. I always take in consideration how much I want to have vested in a job not what my client level of income is. I have had up to 6 draws for a simple bath remodel just so I have a fair level of pay.
I guess I must be one of the lucky ones, Iíve really never had any problems getting paid. There were a few exceptions over the years (I can only think of 2 that stand out) but looking back the red flags were flying before I even started, jobs I should of never agreed to in the first place.

My typical deal is Ĺ down, balance on completion. Possibly a progress payment if the job will last for more than a couple of weeks.

Six payments on a small job seems excessive and a little high maintenance too me.

Regardless, the payment schedule is always in the contract. For me itís in a stand alone paragraph directly above the signature line.

Even if they just gloss though the details of the contract (you would be surprised how may people do) the payment schedule is a tough one to miss.


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Old 08-13-2012, 07:17 AM   #32
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Yep--customers really like a payout schedule---and don't seem to mind several payments on longer jobs.

That way neither the contractor or customer is ever at to large a risk----
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Old 08-13-2012, 09:24 AM   #33
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If you're looking for middle/high end clients, you'll do well in the Seattle area. From the research I've done (not much, and not scientific), the "new money" are more generous than "old money" because they remember what its like to starve. They're better tippers, and they pay for quality work. "Old Money" has no idea how a lawn is mowed, or a hedge is trimmed, or a light switch is wired. "New Money," that was their first job. Now they're working for Amazon, Microsoft, Boeing, Starbucks, Costco, insert huge company here, and they need your help.

Get a good reputation in this circle, and you'll go far.


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