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#13705 09/11/02 04:22 AM
Joined: Aug 2002
Posts: 36
T
TE Offline
Member
Sorry wirewiz maybe I mis-interpreted. Thought you were thinking you could have but shouldn't have charged more.


The TE psychology aspect of pricing:
I used to figure my quote and then think:
How much more can I charge them fairly and they'll still be happy?

I no longer consider the happy portion.
I just figure some people are happy and some are not, regardless of what they pay me.

Example: The job you spoke of, I mainly use unit pricing, I figured at 175 + mat. sight unseen, so pretty close.

I use to figure kinda like this:
175+90=265
Nice big house- 350
2 Mercedes in garage- 395 easy
Then you ponder- Will they think it's too much? Will they be happy when I'm finished?
Will they think I'm raping them when I get
the work done in an hour? Well maybe I better only go.........their happiness never seemed to follow how much I charged.

So, $395 , I got the big house, I'm working
on the cars.

I must admit though, I re-learn this lesson about once a year, I'll feel sorry for some guy that appears to be barely keeping his head above water and I cut him a deal.
When the jobs done I'm a no-good blood sucking a hole and his check bounces.

Of course all prices vary with location, so who knows, but you. Remember people think plumbers are outrageous and electricians shouldn't be far behind.

My only advice is if you're going to be the boss you ought to get the big house.
If 255.00 gets you the big house where you live, you're right on the money.

#13706 09/11/02 06:10 AM
Joined: Nov 2000
Posts: 2,236
Likes: 1
Member
Huhn? If I end up in the big house (prison?) then I'm doing it right?

Wait... I need more coffee...

[Linked Image]

(Slurp)

[Linked Image]

Oh, nevermind...

[Linked Image]


-Virgil
Residential/Commercial Inspector
5 Star Inspections
Member IAEI
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