Correct record in a Contractor Quote - Online Editor

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How to correct record in the Contractor Quote

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So lets talk about the rule of getting three quotes, okay? So we often hear about this, that, lets first of all open this with saying that if you have a trusted general contractor who youve got an existing relationship with, and you enjoy working with this person. Keep working with that person, okay? Im not gonna suggest for you to start shopping around for the sake of, spending your time or getting quotes. Okay? So lets imagine you do not already have an existing relationship with a really great general contractor. Typically the rule here is to acquire three quotes. Now, if you are a brand new investor and youre like, okay, Im going to go get three quotes for my job. What now? What is it that youre actually comparing? And if actually I pause for a second and back up, even before then. We were talking about this yesterday that if youre going to get three quotes, this isnt a matter of, Im going to get the highest end quote that I can possibly find, and then Im going to find

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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How do you respond to an estimate that is too high?

Politely Decline Try a two-sentence note when responding to an estimate such as, Thanks for your quote and for taking the time to look at our project. We decided to go with a different bid. Yes, it can be that short and easy.

What is a quote from a contractor?

What is a Quote? In construction, a quote is a document that has a detailed breakdown of the expected costs that are associated with a proposed project. This includes facets like labor cost, material costs, and quantities. Usually, quotes are only going to be valid for a certain period of timegenerally about a month.

How do you tell a contractor their price is too high?

Contact the Contractor About Your Concerns To follow up, begin with a non-hostile phone conversation. Ask the contractor to explain why the price rose so dramatically from the initial estimate. He will likely say something about unexpectedly high expensive labor and materials.

How do you thank a contractor for a quote?

Try a two-sentence note when responding to an estimate such as, Thanks for your quote and for taking the time to look at our project. We decided to go with a different bid. Yes, it can be that short and easy.

How do you respond to an estimate email?

Tell the contractor you are obtaining other quotes, how many and when you will make a decision. Confirm the time limit, if any, on their price and terms. If youve set a completion date be sure it is realistic in light of the time you will be in the tendering process.

Whats the difference between an estimate and a quote?

An estimate is a best guess of how much a job might cost. A quote is more exact. Once youve accepted a quote, the contractor has to do the work for that price.

How do you respond to a quote that is too high?

How to Respond Directly to a Price Objection This is a great deal, I can reassure you. Our offer is more than competitive. Hmm, I may have missed explaining something correctly. Some of our best customers initially thought the same thing, however Let me just list off whats included with our offer here.

How do you respond to a high estimate?

Try these professional responses to help you communicate with customers who just arent the right fit. I understand. Thank you for considering our company. Thank you for your feedback. Good luck with your project. Thanks for letting me know. Your estimate is valid for X more days if you change your mind.

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