Contractor Profit

[sky's]

Originally Posted by secondcurve

Does the average contractor break out his proposal by labor, materials, mark up, etc.?

first of all it's not "a mark up" its wholesale to retail. were not reinventing the wheel here. its the responsibility of the homeowner to hire someone who he or she feels comfortable with and has the most knowledge for there project. Cost; WITHIN REASON takes a back seat to experience and knowledge. these post always gets me, you're buying a service not a new television. talk to a few contractors if they cant spend some time with you and answers your questions or concerns move on to someone whom can. wish you the best of luck.

[Descant]

I hope things will settle down in 2025. I get the impression GC's are quoting crazy because they have no idea what their costs will be in the next two quarters, never mind next spring. Obviously there are overquotes because they don't need the work in their current backlog. And there seems to be a mismatch between contractors who have long backlogs and lack of inventory. Shouldn't this draw more builders/developers into the business? I sit on a couple of scholarship boards. We can't get people to apply for trade scholarships. Huge missed opportunities.

[John Mercier]

I haven't seen a lot of crazy quotes.
I have seen some that are far out on the roster only willing to take a deposit to enter a customer into the roster.

I don't expect that material prices will go that crazy... they've been pretty stable.

The Lakes Region being a retirement location tends to have negative demographics that increases customer demand and decreases available workforce.

We also have a fairly large amount of customer inefficiency that builds in cost and time to projects.

[secondcurve]

Originally Posted by sky's

first of all it's not "a mark up" its wholesale to retail. were not reinventing the wheel here. its the responsibility of the homeowner to hire someone who he or she feels comfortable with and has the most knowledge for there project. Cost; WITHIN REASON takes a back seat to experience and knowledge. these post always gets me, you're buying a service not a new television. talk to a few contractors if they cant spend some time with you and answers your questions or concerns move on to someone whom can. wish you the best of luck.

If you don’t have any productive input to the question asked I’d suggest you refrain from comment.

[Biggd]

Originally Posted by secondcurve

If you don’t have any productive input to the question asked I’d suggest you refrain from comment.

A little harsh, don't you think?
From what I've read over the years here, Sky is a respected member of the forum and usually gives good info.
It's best to just take it or leave it.