Overview: Spectora Report Tools
Your Spectora report software is equipped with a “Report Tools” feature. There are two tools which can assist in the preparation of repair request lists, priority cost estimations, and/or TREC contract addenda. The “Report Tools” feature is located at the top righthand corner of the online report view. The following tools are available:
- Observations Copy-and-Past Text – This feature allows you to view the report deficiencies as plain text without pictures. The deficiencies can be sorted by category, and you can cut and paste selected remarks for use in other documentation.
- Repair Builder Tool – This feature allows you to build a PDF document utilizing the remarks and pictures related to specific deficiencies. You have the option of requesting a credit for specific items, making specific comments regarding the repair or replacement of specific items, or both.
To watch a brief video overview of how to use the Report Tools, click HERE. Also, feel free to call our Super Concierge office at 817-697-8737 and we will walk you through how to utilize the Report Tool features.
The Report Tools can be used in conjunction with the Repair Cost Guide below to make cost estimations for requested repairs and/or treatments.
Overview: Cost Recommendations
The following repair cost guide is provided as a courtesy to our clients and their real estate agents. The dollar values reflect our partner contractor recommendations and/or national averages for the region.
Estimating repair costs are often limited by the non-invasive scope of the inspection itself as outlined by the TREC Standards of Practice and your Inspection Agreement. Purchasers of real property are encouraged to seek further onsite evaluation by qualified professionals when recommended in the report. The onsite costs of work to be completed by qualified contractors may vary based on the actual scope of work and materials needed.
Overview: Further Evaluation
It is highly recommended that clients seek the opinion of a qualified contract when the report advises “further evaluation,” especially involving major mechanical systems or potential water penetration. The typical rates for contractors to perform further evaluation are listed below. In some cases, the fee can be applied to the cost of repairs. The majority of agents work with a team of preferred contractors. If the client or agent need assistance in connecting a qualified contractor, feel free to call Super Concierge at 817-697-8737.
- Foundation Engineered Report: $500 – $800
- Foundation Contractor Report: Free Estimates
- Roofing Contractor: Free Estimates
- Licensed Electrician: $75 – $150
- Licensed Plumber: $50 – $150
- HVAC Technician: $75 – $175
- Qualified Contractors: Free to $150
Overview: Contractor Rates
The following hourly rates are reflective of the industry standard for the respective contractor type. The average home repair takes 2-4 hours. The cost of materials, including replacement parts, would be in addition.
- Handyman – $85 hour
- Qualified Contractor – $100 hour
- Professional Engineer – $200 hour
- Roofing Contractor – $200 hour
- Licensed Electrician – $125 hour
- Licensed HVAC Technician – $150 hour
- Licensed Plumber – $125 hour
- Appliance Repair Technician – $75 hour
- Irrigation Specialist – $75 hour
- Pool Specialist – $100 hour
- Septic Contractor – $100 hour
Overview: License, Bonded and Insured
A construction business or contractor that is licensed, bonded, and insured sets itself apart from other companies as professional and trustworthy. Licensed contractors have been trained to understand and meet the requirements set forth by the city council and federal government. They will schedule inspections to make sure your home meets quality requirements and passes safety examinations. This can become very important when the time comes to sell your home. If you have had any major renovations completed, a potential buyer may ask if the required permits were pulled for the project.
- Licensed – Licensed contractors have gained experience and knowledge through the proper training and legal processes. While the laws for a contractor’s license differs by state, in most cases, a license is required to do any type of skilled labor on another person’s home or property. For instance, an electrician or plumber may be required to have a license. Someone performing a variety of tasks may need to obtain a general contractor’s license. The state may impose specific requirements such as minimum education or work experience to obtain and/or maintain a license. In addition, the state may require that the contractor has an active worker’s compensation insurance policy for a license to be issued. In many states, being bonded is also a prerequisite to obtaining a license.
- Bonded – Being bonded means that a bonding company has secured money that is available to the consumer in the event they file a claim against the company. The secured money is in the control of the state, a bond, and not under the control of the company.
- Insured – Most licensed contractors will offer liability insurance to protect you, your family, and your home. Liability insurance is protection from personal and bodily injury and property damage that could occur during your renovation. For instance, if you or a visitor is injured upon entering the construction site, the insurance protection will cover any medical fees that may be incurred.
Licensed, bonded and insured contractors typically follow a specific, systematic approach to their projects. They carefully plan out the process before starting work; they will prioritize open communication with the homeowner until the day the project is completed. A licensed contractor will also ensure that there is a signed legal contract between both parties: a form of security that only licensed contractors can offer. Licensed contractors will take responsibility if something goes wrong; ignoring or running away from mistakes can result in the loss of their licensure.
Overview: Building Permits
Even if your next home improvement project seems minor, it may require a permit. Permitting requirements vary considerably depending on your local housing municipality and the scope of the project.
Home improvement and renovation projects that typically require a permit involve structural changes or property boundaries (such as room remodeling and fencing), licensed contractors (plumbers and electricians), HVAC upgrades, and/or projects in excess of certain monetary thresholds, including roofs, windows, outdoor patios, sheds, etc.
Cosmetic improvements like painting, decks under a certain height, installing new cabinets, putting in new countertops, repairing the driveway, building a small fence or raised flowerbeds and typical maintenance and related repairs often can be accomplished without needing to apply for permits. When in doubt, it’s always best to contact the local housing authority to double check the permitting requirements for the projects you hope to complete.
Be aware that neglecting to obtain a permit can easily lead to fines and delays with the local housing authority. In some cases, the city might even require work that’s already been completed to be torn out, because it is impossible to tell if work that has been concealed was performed up to code. As a result, home renovations performed without the required permits can hurt the seller’s appraisal value. Buyers should request contractor receipts and related permits when purchasing real property with suspected permitted renovations.