New Model
How HIBO Saves the Homeowner Money and Reduces Risks
- Homeowners who work with HIBO act as their own general contractor. By paying subcontractors and suppliers directly, you avoid the middleman mark‑up and only pay the direct costs.
- Having HIBO develop a detailed budget as Step #1 avoids the risk of an architect developing beautiful plans that prove to be far beyond the available budget.
- A detailed budget by HIBO helps you understand how design and material choices drive the cost of your project so that you can make better‑informed decisions in cutting costs ‑ and in deciding where it makes sense to splurge.
- HIBO works to ensure that plans and specs have sufficient detail for subcontractors to submit responsive bids that can be evaluated apples to apples.
- HIBO’s knowledge of and experience with subcontractors across all the trades helps homeowners secure subcontractors who are qualified, reliable, and properly insured ‑ and steer clear of the bad actors who victimize unsuspecting consumers.
- HIBO’s knowledge of prevailing costs and its detailed contract language help homeowners execute clear, fair, and competitively priced contracts with each subcontractor.
- Reliable subcontractors appreciate that HIBO’s model provides for prompt payment by the homeowner upon acceptance of work, reducing their fear of payments being unreasonably delayed.
- Subcontractors are more responsive in scheduling work and resolving any problems because they value the additional business that HIBO can offer them in the future. As a result, each homeowner benefits from HIBO’s greater buying power.
- HIBO’s experienced Project Managers help plan, manage, and monitor your project, ensuring efficient staging of the project and coordination as needed among the trades.
- While virtually all home improvement projects encounter technical and scheduling or other problems, HIBO helps homeowners resolve problems and greatly reduces the risk that their home improvement project will go awry.
The Bottom Line
With HIBO’s help, homeowners who have the time and inclination can perform as well or better than most remodeling contractors ‑ and earn significant savings in the process.
Contact a HIBO representative for more information to help you decide whether HIBO’s model will work to your advantage.