Why is Three the Magic Number for Quotes?

You might have heard that if you are choosing a product or service, you should obtain three quotes first. But why is three the number you should choose? And what is it about getting three quotes that will benefit you?

Really, three is a fairly arbitrary number. You can get as many or as few quotes as you like, as long as you are happy with the price you will be paying. If you are going to be getting quotes for a property management company, it is generally required that you get more than one – unless you work loyally with one particular company for all maintenance needs. Should you choose to get quotes, getting more than one is reasonable and is expected in the industry. You will need to show that you are aware of the general marketplace and the going rate for services, and this is the perfect way of doing so.