single vendor vs sourcing individual vendor
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 Feb 8 2023, 06:37 PM, updated 3y ago
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#1
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Junior Member
216 posts Joined: Mar 2006 
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I had engaged a few renovation vendors for my new house renovation, and upon checking their pricing, their price is like 30% higher compared to if I split the renovation and obtained it each part from a different vendor.
i love to get one vendor to take care of the whole renovation as it is easier from my end. shouldn't the vendor also quote fairly as they are also getting all the business? |
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Feb 8 2023, 07:55 PM
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#2
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Junior Member
216 posts Joined: Mar 2006
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QUOTE(kennykck @ Feb 8 2023, 07:43 PM) vendor management is a job too and need salary vendor management, and you can quote 30% higher for each item. If my renovation cost is RM200K, they are getting 60K as the charges for vendor management. sorry, I am not that rich; I can manage it myself. you are risking not getting anything when you have the opportunity to manage the whole renovation.  |
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Feb 8 2023, 10:37 PM
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#3
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Junior Member
216 posts Joined: Mar 2006
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QUOTE(heater8812 @ Feb 8 2023, 09:02 PM) Then what stopping you? Nothing stopping me. Just want to express my disappointment of what is happening as I only receiving quotations from the vendor recently...What I did previously for my condo, I hired an ID firm that design the overall and supervise the construction. But I also sourced for Ikea kitchen and their installer, SPC flooring with the installer, windows and sliding door with their installer, kitchen hob/hood with their installer. Coz if issue arised later with those stuff, I can directly goes to the individual source, rather than talking to the ID firm, easier for both of us. Also, I goes for loose item/furniture and minimize carpentry works as much as possible. So mostly kinda 'plug and play'. So my main reason to hire an ID firm is for the design, prepare measurement and the needed finishing for the other installer to work on, and to supervise all the work. |
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Feb 9 2023, 07:19 PM
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#4
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Junior Member
216 posts Joined: Mar 2006
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QUOTE(holypredator @ Feb 9 2023, 05:37 PM) You will have to pay a bit more when you call ID to do everything compared to you sourcing the items yourself and do parts of the work yourself... People keep saying have to pay a bit more but on other hand they are getting more business and already have a huge profit as is the single vendor for the whole renovation. However... I've seen some ID who are really out to scam people... hoping to get customers who will blindly trust them... Literally earning more than 100% of the actual project price... Since it is an industry that is not regulated.... and it is a difficult learning curve for customers who are not familiar with renovation works.... it is literally a scam heaven for insincere ID... This is encouring more and more people to split out the part and they end up not getting anything |
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