View Full Version : Oh, My bad, I used MY numbers for the prcie
electricmanscott
05-26-2008, 08:03 AM
Sent out an email quote for a job the other day. Small addtion, add sub panel, wire smokes in the house etc.
Priced it out at $5898.00
Guy replies with "That sounds A little high"
Yeah I know It always does. :rolleyes:
Anyway he goes on to list how HE figured the price. "Should be closer to $4500.00. What do you think?" he says.
Well I think if it was going to be $4500.00 I would have told you that, not $5898.00. DUH!!
Anyway, the guy is in the construction biz and does have some knowledge of what the job entails and such. His numbers were actually pretty close in terms of time an materials.
The problem is HE thinks I am going to work for $62.00 and hour according to his numbers. He is sadly mistaken.
iwire
05-26-2008, 08:14 AM
Wow, when I read the subject
Oh, My bad, I used MY numbers for the prcie
I thought you sent a bid out using your costs without any mark up.
Glad it was not that.8-)
electricmanscott
05-26-2008, 08:21 AM
Wow, when I read the subject
I thought you sent a bid out using your costs without any mark up.
Glad it was not that.8-)
Oh wow, It does sound like that. Oops!
ceknight
05-26-2008, 08:51 AM
Anyway he goes on to list how HE figured the price. "Should be closer to $4500.00. What do you think?" he says.
I give the same answer to that question every time, and it works:
"Yes, that's the Do-It-Yourself Price. Mine was the "I do it for you price"."
:)
HighWirey
05-26-2008, 08:58 AM
Sent out an email quote for a job the other day. Small addtion, add sub panel, wire smokes in the house etc.
Priced it out at $5898.00
Guy replies with "That sounds A little high"
Yeah I know It always does. :rolleyes:
Anyway he goes on to list how HE figured the price. "Should be closer to $4500.00. What do you think?" he says.
Well I think if it was going to be $4500.00 I would have told you that, not $5898.00. DUH!!
Anyway, the guy is in the construction biz and does have some knowledge of what the job entails and such. His numbers were actually pretty close in terms of time an materials.
The problem is HE thinks I am going to work for $62.00 and hour according to his numbers. He is sadly mistaken.
Well, did you get the project? Or did Mr Construction Biz manage to snag someone with less gumption than you have? If so, good luck to the taker. We all hate to miss landing a project.
Best Wishes Everyone
iwire
05-26-2008, 09:51 AM
I give the same answer to that question every time, and it works:
"Yes, that's the Do-It-Yourself Price. Mine was the "I do it for you price"."
:)
I like that, great answer.
480sparky
05-26-2008, 10:04 AM
"Well, my price is a complete, turn-key operation. When I'm done, everything will be done according to the owner's specifications, and it will not only work, but be safe. You only need to let me know when I can start. All material, labor, permits, insurance, bonds, inspections etc. are included. As well as a warranty. If there's a problem, I will be here for you to call and have it fixed. I will also be here to call after Fly-By-Night Electric has their phone disconnected."
tonyou812
05-26-2008, 11:25 AM
I love it when builders always give you a round number like 4500. what if it was 4850?
quogueelectric
05-26-2008, 01:45 PM
I really learned early that when they ask you to start right away that your price is too low.
GUNNING
05-26-2008, 02:56 PM
I cringe when they say "Money is no object." That means there is no money.
I got one better - sent a price out, and the cusomer calls me and says the GC "Corrected" your bid - seems I left out 2 lines out of the totals.... He added them back in for me to the tune of another grand - how nice....... Yep - he's marking up my totals so it works in his favor too... Glad I got someone looking out for me....
HighWirey
05-27-2008, 07:46 AM
I love it when builders always give you a round number like 4500. what if it was 4850?
They rounded it off to 4400.
Best Wishes Everyone
petersonra
05-27-2008, 10:25 AM
Guy replies with "That sounds A little high"
Yeah I know It always does. :rolleyes:
Anyway he goes on to list how HE figured the price. "Should be closer to $4500.00. What do you think?" he says.
Well I think if it was going to be $4500.00 I would have told you that, not $5898.00. DUH!!
Anyway, the guy is in the construction biz and does have some knowledge of what the job entails and such. His numbers were actually pretty close in terms of time an materials.
The problem is HE thinks I am going to work for $62.00 and hour according to his numbers. He is sadly mistaken.
You gave him your price. he can either accept it, or go elsewhere. I would not be dickering over such a small amount of profit.
I really learned early that when they ask you to start right away that your price is too low.
Hey, we usually say that! Then again, we try to wait until the last minute, and work at break neck speeds, and work with the same subs as often as possible :grin:
edit to add:
Oh, yeah, I have overheard my boss telling subs to add a little something extra in their bid, sometimes I think it's a PITA factor, sometimes I think they bid low or left something out.
Thomp
05-27-2008, 10:44 AM
Well if you can go down to $4500 what's next- Do it for free? Stick to your guns.
peter d
05-27-2008, 06:01 PM
Stick to your guns.
That won't be a problem for Scott. ;)
emahler
05-27-2008, 06:07 PM
That won't be a problem for Scott. ;)
why? does he not shower?
ike5547
05-27-2008, 06:12 PM
I got one better - sent a price out, and the cusomer calls me and says the GC "Corrected" your bid - seems I left out 2 lines out of the totals.... He added them back in for me to the tune of another grand - how nice....... Yep - he's marking up my totals so it works in his favor too... Glad I got someone looking out for me....
That's a good thing right?
I try to submit my estimates to the GC only so they can do just that: mark up my prices. It makes them happy :smile: and I get all their business.
electricmanscott
05-27-2008, 06:57 PM
That won't be a problem for Scott. ;)
Damn staight, I'd rather sit on the beach than give electrical work away. :grin:
hardworkingstiff
05-27-2008, 08:52 PM
Damn staight, I'd rather sit on the beach than give electrical work away. :grin:
AMEN!, I say AMEN!
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