Day: March 12, 2021

Building better: why now is the perfect time for Billdr

If you feel apprehensive about home renovations for fear of having a bad experience, you are not alone. According to a Léger survey conducted in October 2020 for Billdr Canada Inc. (Billdr), more than three-quarters (77%) of Montrealers say they still find it stressful today to undertake and coordinate major renovation work. Billdr was established with the mission to make renovation work simple, transparent and efficient in order to bring peace of mind to homeowners. The company has launched an online marketplace that supports homeowners and contractors throughout their projects.

The intelligent platform assigns a dedicated renovation expert that guides and supports homeowners step by step throughout their home renovation project.

“Billdr brings peace of mind to homeowners by offering a tailor-made quality support service. We cover all stages of the renovation, from the detailed definition of the project, development and review of architectural and engineering plans, detailed cost estimates, selection of a certified general contractor, to secure payment,” explains Bertrand Nembot, co-founder of Billdr.

Founded in early 2020 and based in Montreal, Billdr has gained the confidence and funding of angel investors in Canada (Formentera Capital), the UK (Simple Capital) and US (Aleka Capital) to finance its expansion, demonstrating international interest and need for such a solution.

The answer to a real need

The pandemic has accelerated or triggered the desire of more than a quarter (28%) of Montreal homeowners to undertake renovations. Since the start of its activities in February, Billdr has witnessed this trend firsthand. About $10 millions worth of projects were posted on the platform, mainly through word of mouth.

Within the context of a pandemic, many homeowners are having difficulty finding trusted contractors. All the more reason to turn to reliable resources on the market, especially when one considers that only 48% of Montreal landlords indicated they had conducted some form of background check before selecting a contractor and only 28% claimed they had conducted a check on the validity of the contractor’s permit with the Régie du bâtiment du Québec (RBQ).

“Billdr defines itself first and foremost as the trusted intermediary that creates and facilitates relationships between owners and general contractors. At Billdr, we work exclusively with certified and insured contractors who have a true passion for the trade and very high service standards,” says Bertrand Nembot. “And while the vast majority (85%) of Montreal homeowners are satisfied with the results of their renovations, only 52% report a good customer experience. So we’re here to respond to a real need to improve the customer experience.”

Read the full press release on Billdr here & visit their website here.