Jerramundi
Senior Member
- Location
 - Chicago
 
- Occupation
 - Licensed Residential Electrician
 
Not really relevant, even if you got a family to support, that's wage related, not overhead related. Nor is any of this relevant to the OP, so I'm gonna stop here.
	
		
			
		
		
	
				
			what I call "the magical $150/hr" that some GC's and even some EC's seem to pull out of thin air,
Because pulling numbers out of thin air pisses me off. It's unethical. If your costs justify it, then okay.What if $150 i is the dividing line for me as to whether I go get into something vs work on a project at home? So yes I pull it out of thin air: $149, no thanks, Ill go in the woods with my tractor and chainsaw and grab those few dying ash trees I've had my eye on, vs $151, Ok Ill do the job. Why do you have such a big problem with this?
me too, I'm always expected to pull numbers out of thin air when they want to know how much something will cost them. If you give them a number that you later find out was low they seem to expect you to honor it anyway, so those off the top estimates anymore are usually inflated just in case. Easier to ask for less later on than to ask for more.Because pulling numbers out of thin air pisses me off. It's unethical. If your costs justify it, then okay.
I NEVER give on-site estimates unless I'm 100% certain of the cost for that exact reason.me too, I'm always expected to pull numbers out of thin air when they want to know how much something will cost them. If you give them a number that you later find out was low they seem to expect you to honor it anyway, so those off the top estimates anymore are usually inflated just in case. Easier to ask for less later on than to ask for more.
Definitely easier to ask for less later. Definitely. And looks better in terms of the business relationship.me too, I'm always expected to pull numbers out of thin air when they want to know how much something will cost them. If you give them a number that you later find out was low they seem to expect you to honor it anyway, so those off the top estimates anymore are usually inflated just in case. Easier to ask for less later on than to ask for more.
On point. Wow, we agree on something, lol.It's better to give your exact price rather than guess high and go low later. If you guess higher than the other guy, there may be no later.
I agree, they often still want a WAG, to which they later may try to hold you to.It's better to give your exact price rather than guess high and go low later. If you guess higher than the other guy, there may be no later.
				