Decoration Payment Method, Precautions First Payment Standard

Decoration payment method, matters needing attention First payment standard

In the fierce market competition, the decoration company will increasingly explore the psychology of the owners, knowing that the owners prefer to use the decoration price as the standard for selecting the company. Therefore, “decoration installment payment”, “decoration after decoration,” and “zero "Decrease down payment" and various other payment options. As far as the current situation of the decoration market is concerned, the payment stage of the home improvement project is divided into four stages: start-up prepayment, mid-term progress payment, completion payment, and maintenance margin. Renovation Network now starts prepayment for the decoration, that is, the first payment, telling everyone some precautions.

The time for the first payment of the decoration is after the signing of the decoration contract and before the construction of the decoration. According to the Beijing Contract Law, the proportion of the first payment is usually 60% of the decoration, 35% of the intermediate payment, and 5% of the final payment. However, different decoration companies and different regional fee standards will have certain differences.

Decoration payment method

The proportion of installment payments. According to the practice of the decoration industry, the first paragraph of the decoration fee is the largest one, and generally exceeds 50% of the total amount of decoration fees. This fee is mainly used to purchase decorative materials and pay the construction team's initial fee. Due to the different management and management methods of the decoration companies, the percentage of payments required by owners is also very different, ranging from 50% to 70% and 75%. Before the payment, consumers must first sign an effective home decoration project construction contract with the decoration company. After the first phase of the renovation has been paid, the construction team will have to enter the construction site and begin construction.

After half of the project, after the first quality inspection, the owner will pay 25% -30% of the second period to the decoration company. Before the payment, the decoration company must guarantee to solve all the quality problems. Consumers can only pay for the second period after determining that there is no quality problem.

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