Renovation Trust
Homeowner and Contractor Protection
Homeowner and Contractor Protection
You know from the start your money is guaranteed. The customer must deposit 100% of the cost of the project with Renovation Trust before you start your job for the single purpose of paying you, the contractor as you complete individual milestones. It's like getting a 100% deposit upfront.
Contractors have told us that the #1 place they get ripped off by customers is the final payment, usually the last 10-25%. In these cases, customers refuse to pay as they may not have the money, something has happened in their life, or they are unsatisfied with the work and want the contractor to keep working. All these reasons and more just to keep their money in their pockets and hope the contractor just goes away.
No worries about deposits or if the customer has enough money to pay you at the end. The project is already 100% paid for. You just complete the project and request your payments at the mutually agreed upon milestones through your Renovation Trust account via our app or website.
Not many contractors in the game offer 100% security to their customers. With Renovation Trust, not only are you a verified Renovation Trust contractor, but you offer a brand new, competitive advantage to your customers. With 100% security of the project and the money, using Renovation Trust puts you ahead of the game. Take away concerns around risk, losing money or getting the job done properly. This will lead to more jobs, repeat business, increased sales and higher profits.
Because you can offer customers protection for their money, they have no concern about being ripped off, you will sign more projects and customers will put less pressure on you as you have given them peace of mind.
As a verified Renovation Trust contractor, you can focus on expertise, reputation and offer a no-risk solution to your customers. You are the BEST, no-risk contractor! With Renovation Trust, you offer your customers more than just a reasonable price to renovate their home. Using Renovation Trust means you can confidently tell your customer they are working with an expert who will get the job done properly and never put them or their money at risk. With this added security, there is less room for price discounting. It's a win-win.
Sometimes homeowners can be hesitant to sign an agreement or start a project with a contractor, especially if the contractor is asking for a hefty deposit. With Renovation Trust, projects are started by the click of a button. Renovation Trust makes renovations and home improvement projects safer, easier, and stress-free.
No more chasing for your hard-earned money. With Renovation Trust, once work is complete, you simply hit the "Request Homeowner Release Funds" button on a milestone through your Renovation Trust account and your customer is notified. Once notified, your customer will approve the work and release funds to you. The money will then be transferred directly to you. It's that easy!
You are not the collection person always looking for money, you are an expert contractor they trust. Your relationship with your customers will be much better and stronger leading to better projects, less stress and more repeat work.
Get more jobs while taking away any concern or risk a potential customer may have. Build better, stronger, and long-lasting relationships to make your life easier and ultimately make more money.