Date Published: March 20,2021
Original Source: CTV News Vancouver
According to the Better Business Bureau of British Columbia, there has been an uptick in renovation scams since the start of the pandemic. The BBB said the scams typically surround contractors using "high-pressure" sales tactics and demand hefty deposits and/or pre-payments.
Though home renovation scams tend to go underreported, of those British Columbians who have reported their losses say that they have experienced more that $120,000 in losses related to renovations and home improvement projects.
Renovation Trust provides its clients with the utmost protection for their money. Whether you're a homeowner or a contractor, we help our clients with recognizing the signs of a fraudulent homeowner-contractor relationship. At Renovation Trust, we are aware of various sales tactics used by fraudulent contractors and have thus designed our platform to ensure homeowners are protected. This starts with never having to give a deposit or pre-payment directly to a contractor.