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re: On average, what is a residential General Contactors fee/percent?

Posted on 1/6/17 at 10:35 am to
Posted by JamalSanders
On a boat
Member since Jul 2015
12135 posts
Posted on 1/6/17 at 10:35 am to
quote:

Just a bid. Cost to build came in around $98 s/f and then on top of that the GC was going to make another 45k at 17%.

Being that we paid 8% on a similar build a few years ago I thought it was extremely high.


Tell him to negotiate what he thinks is a fair rate (17 sounds reasonable to me in the current economy) and then offer a 1-2% bonus for an on time project.
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