Martin Elortegui is the co-founder and president of development of Luxe Design and Finishing working in Miami.
Every week, we ask a real estate professional for their Short List, a collection of tips and recommendations on an essential topic in real estate. This week, we talked with Martin Elortegui, co-founder and president of development of Luxe Design and Finishing, who shared his tips for spotting a bad contractor.
5. A contractor’s prices are too low. Quality is not possible below a certain cost.
4. A shallow portfolio is evidence of inexperience.
3. Check to see how many change order the contractor has. Too many is a bad sign.
2. Watch for frequent job interruptions with no reasons.
1. No contractor should ever ask for more than a 50 percent deposit to start the job.
Martin Elortegui is the president of development for Luxe Design and Finishing. In 2013, he co-founded Luxe Design and Finishing, combining his modern vision of design and construction with innovative ideas for residential, commercial and hospitality projects. An avid world traveler, he is constantly absorbing new details and concepts, materials, treatments and trends. With over 20 years of experience launching business strategies, partnerships and products, Elortegui is accomplished in directing operations, sales and marketing for hospitality, real estate and entertainment businesses targeting Latin America, U.S. and European markets.