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How To quote Painting Jobs – 5 Important Things To Consider
Estimating home painting jobs is something that you develop over time. I can go into any home and go from room to room and tell you by eye just how much paint you will need to do the ceilings and walls and woodwork.
I can also tell you just about how long it will take to paint each room basically.
I can even tell you just about how long it will take to paint each room in general. But estimating many times goes a lot deeper than just eyeballing a few simple rooms. So here are 6 points to help you when figuring your bids or quotes.
1.) Know Your Target Market
When getting prepared to do a painting quote you first need to know your target market or markets.
Are you going to be painting in middle-class neighborhoods or are you going for the high-end glitzy neighborhoods? Or are you going after commercial or industrial accounts?
Now you can you gauge how high you are going to set your bid rates.
You can have have high-end rates for larger homes, or for commercial or industrial painting, and mid prices for the rest.
Personally, when it comes to painting for residential customers, I keep my rates the same. I do not care whether it’s high-end or middle class.
If they cannot afford my painting services, I am out of there. Once you have painted at a higher price, it’s hard to go lower unless of course, you are hard up.
If you are estimating painting jobs for big business you can and should aim competitively high without worrying about much competition as you would in residential painting. Plus larger commercial customers have deep pockets.
Also to consider, if you are tackling those types of accounts you will need extra painters anyways so you definitely need to aim high in your bidding to cover their wages and benefits.
2.) Fool-Proof System
You need an accurate estimating method that works perfectly every time without fail. Whether inside or outside.
You can stand and stare at a project all day and try to guesstimate exactly how long it will take you to paint something or you can use an accurate method for bidding paint jobs and walk away smiling and not wondering if you might bite the bullet on that one.
You need to allow for fuel, travel time and even giving Uncle Sam his cut. If you will be driving long miles you definitely want to account for your fuel and travel time, even overnight costs if you get that advanced in your painting business.
Again, if you have employees you will need to account for their wages and benefits in your bids also.
4.) Cost of Materials
You need to know how much paint & materials you will be using. (Note: A good estimating system will automatically include all your paints and materials.)
5.) Hidden costs
You need to be aware of hidden costs or projects that add extra time and extra materials to a job. Things like hard to cover colors, excessive prep time, high-work, down time due to outside sources that are common in new construction, etc.
Many times on larger quotes, I will cross-check my painting bid from different angles by using two different estimating techniques just to make sure I have it all together and did not leave anything out of the big picture.
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