Richfinity LLC

Retainer Fee

Regular price $2,500.00 USD
Regular price Sale price $2,500.00 USD
Sale Sold out
A home renovation retainer fee is a payment made by a homeowner to a contractor or renovation company at the beginning of a renovation project. The fee is typically a percentage of the total cost of the project, and is used to secure the services of the contractor and ensure that they are available to complete the project. The retainer fee is usually non-refundable, and is typically used to cover the costs of materials and labor for the project. It also serves as a guarantee for the homeowner that the contractor will complete the project according to the agreed-upon terms and within the specified timeframe.