Hello there. I came across your question regarding how to pay for bathroom remodel and can help. When it comes to renovation work, renovators have a set structure, where you pay a percentage of the quote upfront as the booking amount. After that, the rest of the payment has to be made in divided percentages upon completion of a certain level of work. I got my washroom remodelled and the payment was distributed in 5 steps. Let me tell you about it below.
How to Pay for Bathroom Renovation?
I had to pay for the renovation work by dividing the payment into 5 parts: 10 percent, 40 percent, 30 percent, 15 percent and 5 percent.
The first 10 percent was paid as the booking amount for the remodelling project.
I paid the next 40 percent at the time of finalising the vendor for the work.
I had paid 50 percent of the amount up to the point of vendor finalisation. The next 30 percent were paid when the team finished 40 percent of the work.
Having paid 70 percent of the total fee, I paid the next 15 percent once the team completed 80 percent of the work.
The last 5 percent was paid from my end when 90 percent of the work was done.
This is how renovators set up the payment process. The levels and percentages of payment can differ from one renovator to another. But, the structure is similar. So, I recommend you consult your renovator about the pricing format they follow for the best idea.
Get Your Bathroom Renovated at Lowest Quote with NoBroker Renovation Service! Some related information:How to Save Money on Bathroom Renovation?
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Authors Of The Question
How to Pay for Bathroom Remodel?
usha
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1 Answers
2 months
2024-10-22T12:27:19+00:00 2024-11-28T14:52:14+00:00Comment
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