Vendors

Mr Buyer has pioneered the fast and efficient way for our contractors (vendors) to get paid because payment flow is critical to the lifeblood of any business.  Instead of the commonly mail a check or pay by credit card which can be canceled, deposits delayed for days or weeks and in some cases our system pays directly to your bank account through an ACH.  For smaller payments in some cases we’ve also paid vendors through Cash App, Zelle, and other common payment forms.   Here is the wording in our contract:

“PROMPT PAYMENT FOR PERFORMANCE GUARANTEE: Client Guarantees a Prompt Payment for Completed Performance within One Business Day so long as all of the terms of this agreement have been met.  See payment schedule as contained in Exhibit “A”, attached hereto and made a part hereof by reference.  All payments shall be made upon reaching established Benchmarks and Milestones listed in the payment schedule, Exhibit “A””

For larger jobs we can divide up the project into milestones so you can clearly and easily manage your team.

We have our own team of home inspectors, drone/videographers, photographers that document in a very timely manner the progress of work.  This is the best method we find to confirm completion of work/tasks/milestones 

Yes!  In fact most of our jobs are “labor only” and we cover the cost of the materials.* This allows two things:

1. Easier for you to accurately and safely quote a price thats fair for both parties.
2. Easier ability for us to change any materials/quality etc.
3. More reliable pricing as prices of materials may change depending on supply and demand.

*typically you are expected to arrange pickup and delivery of materials to the job site.

We have commercial accounts with all major suppliers from The Home Depot, Lowes, ABC Supply Co, Inc, Builders First Source, Manning Building Supplies, and many more in fact we can even open new accounts with local suppliers, just let us know!

Depending on the job we often offer “Labor Only” Contracts.  After doing numerous contracts with all kinds of vendors small and large across the country we’ve found this to be the most streamlined and most reliable agreement to make with our vendors that is mutually beneficial.

Benefits of Labor Only Contracts:

1. EASIER ESTIMATES. Allows vendors to more easily estimate the actual job as materials pricing may change, and materials chosen may change.
2. EASIER CASH-FLOW. Allows vendors to easily manage cash flow including paying out subs and their team.
3. FAIR BIDDING PROCESS.  Allows for a more “apples to apples” comparison of different bids for both us as a Company and the Vendors to be more fair.  In turn this allows us to not need as many bids/estimates!
4. LESS VENDOR RISK. Since we already have commercial accounts with most major suppliers (Home Depot, Lowes, ABC Supply, Roofing Supply companies and many more) it allows you to not have to worry about paying a big part of the underlying cost of the job.  We can also setup new contracts with local suppliers.

Great question!  Because we operate nationwide in many disciplines–land, single family, commercial, we’ve streamlined our contracts to be consistent, fair, and thorough.  When you read it you will see its very “common sense”. Many vendors leave us reviews on google saying its the “right way to do business”. Some vendors have even taken our paperwork to make their own from it!

We can even show you many recently completed contracts on our same form in your local area!

Absolutely!  Of course confidential information has been redacted, but we have many completed contracts with many vendors in different specialties: GC’s, Handymen, Electricians, Plumbers, HVAC Companies, Landscapers and many more. 

Here is the link for some previous completed contracts

Actually no.  We look at a combination of several factors–history of work, referrals, reviews, capabilities, scalability for being a long term partner with us, and price.  Price is important but everything else is also.  Many of our agreed vendors for a job were not the lowest price, but had a good combination of everything else that made it a good fit.

Great question! 

Because of our efficient and streamlined process once we open it up to a handful of vendors on a job we typically get a final answer within about 2 weeks or so of closing them out.  We even provide feedback to the ones that didn’t make it so we can have an opportunity to work together on other jobs.   

It also allows us an opportunity to understand your team, process, and pricing to suggest other projects to work together on, i.e. commercial, smaller or larger jobs!