Expenses on home repair are often unpredictable, which is hard for homeowners. They never know when a heavy thunderstorm might blow through your home and damage the roof, or when the air conditioning stops working for seemingly no reason. Wear and tear, scratches and dents, broken appliances, the list goes on.

Not only can home repairs be frustrating, they’re also expensive. Last year, homeowners spent an average of $6,000 a year on maintenance and home repairs, according to insurance firm Hippo.

As a contractor, it’s your job to help them handle the repairs. While you want to ensure you’re earning fair wages for your work, it’s also important to keep customers happy. Helping them save money on home repairs is a good idea if you want long-term customers.

Here are a few money-saving tips to use to help your customers minimize the cost of home repairs.

Create a Budget

Work with your customer to create a solid budget. This is great for one-off projects but it also guides them to saving for repairs in the long run. This will drastically reduce the stress of dealing with unexpected repairs. Not to mention, if you advise them in this way, they’ll trust your service more and be more likely to call you back for home repair needs.

The general rule of thumb is to set aside 1% of your home’s value each year in a savings account for repairs. Another important part of creating a budget is sticking to it. This can be as simple as creating an Excel spreadsheet and logging all of the home innovation and maintenance expenses. Logging everything can help your customers identify which areas of their home are costing the most and to make the best plan from there.

Explore HELOC Rates

Another helpful tip is to guide your clients to explore funding assistance. Some homeowners may need to pay for repairs using credit cards. There are alternative ways to finance home improvement, such as taking advantage of HELOC (Home Equity Line of Credit). Essentially, HELOC functions like another mortgage that grants you money based on the value of your home. If you decide to take out a HELOC loan. Homeowners should do plenty of research online first to decide what’s right for them. Here a few pros and cons you can share with your customers at a glance:

Pros:

• Allows funding for 10-15 years
• Only pay interest on what you borrow
• High loan limits

Cons:

• Uses your home as collateral
• Prepayment penalties
• Variable rates

Use High-Quality Materials

High-quality materials and fixtures ensure any repairs or renovations last for years, even decades. Using quality materials is critical for contractors who want to ensure a satisfied, long-term relationship with their customers.

One of the most durable materials used for home renovation is silicone sealant. Silicone sealant is waterproof, flexible, and can withstand severe weather fluctuations. It’s most often used to seal cracks, gaps, and holes around the home, particularly in the kitchen or bathroom area. It can also be used to insulate windows and doors, and a strong material to use for exterior repairs.

At Silicone Depot, we offer bulk discounts and free shipping on orders over $35 so you can get the most bang for your buck. We also offer concrete expansion joint sealant, caulk guns, and sealant accessories, expanding foam sealant, and more!

Waterproof The Bathroom and Kitchen

One of the best ways to save money on home repairs is to prevent them from occurring in the first place. Out of all of the many expensive home repairs called into professionals, water damage is one of the most frequent. Help your customers prevent water damage by waterproofing the most water-prone areas of their home; your bathroom and kitchen. Seal both the kitchen and bathroom sink, as well as the tub. Our Kitchen and Bath RTV Silicone Sealant is made specifically to treat and protect moisture-prone areas of the home.

Offer Maintenance Services

Treating issues when they’re small is quicker and less expensive than doing so when they’ve become major. This holds true whether you’re talking about cavities at the dentist or home repairs. Offering maintenance and check-up services to clients can help them avoid major issues later on. Explain the value of these services and how they can help your customers in the long-run.

Help Your Customers Save Money Today With Silicone Depot

These five tips may seem small, but repeating them over time will put a big dent in the total cost of your customers’ expenses, potentially saving them hundreds or thousands of dollars over time. Happy customers turn into repeat customers that do turn to you when they need home repair help.

The next time you need supplies for your contracting business, you can also save money by shopping online with Silicone Depot. We’re your solution for home repair contracting on a budget! We offer better bulk deals on sealant and caulking accessories than any hardware store. Our products are sold at wholesale quality and pricing, so you can always be sure you’re getting the best deal with Silicone Depot. We’re the starting point for excellent home maintenance services that will keep your customers smiling. See for yourself and check out our catalog of silicone products today!