Should You Charge For Estimates or Do Them For Free? #contractorbusiness

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Should You Charge For Estimates, or Do Them For Free?

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𝗪𝗮𝘁𝗰𝗵 𝗢𝘂𝗿 𝗼𝘁𝗵𝗲𝗿 𝘃𝗶𝗱𝗲𝗼𝘀 𝘁𝗵𝗮𝘁 𝗵𝗲𝗹𝗽 𝘆𝗼𝘂 𝘁𝗼 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲 𝘆𝗼𝘂𝗿 𝗰𝗼𝗻𝘃𝗲𝗿𝘀𝗶𝗼𝗻𝘀 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗽𝗹𝗮𝘆𝗹𝗶𝘀𝘁𝘀 𝗯𝗲𝗹𝗼𝘄:

𝗦𝗨𝗕𝗦𝗖𝗥𝗜𝗣𝗧𝗜𝗢𝗡 𝗟𝗜𝗡𝗞 :

Charging for estimates can be beneficial in several ways. First, it can help to weed out potential clients who are not serious about your services. Charging a fee for estimates can help you to filter out those who are simply shopping around or looking for free advice. Second, charging for estimates can help to cover your time and expenses in preparing the estimate, especially if the project is complex and requires a lot of research and analysis. Third, charging for estimates can help you to establish the value of your services and differentiate yourself from competitors who may offer free estimates.

On the other hand, offering free estimates can also have advantages. It can help to build trust with potential clients and demonstrate your commitment to providing excellent service. Offering free estimates can also be a good marketing strategy to attract new clients and encourage repeat business. Finally, offering free estimates can make it easier for clients to compare your services with those of other providers, which can help to increase transparency and build trust.

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The crooks give free estimates for services that cost triple what they should. I was a consulting Civil Engineer and gave free estimates but mine didn't take long because I had a lot of experience. I first spent time investigating the potential client. People that had bad history got charged a lot more with a big retainer and payment in full before I turned over stamped drawings. A lot of people will be stiffing tradesmen from now on because of the economy. Good Luck, Rick

richardross
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I am surprised this video is not viral. I thought I was revolutionizing my business in my area, charging for estimates for the last 7 or 8 years.
Looks like you beat me to the party by many more years.
Estimates should be charged for by all the trades. The customers, in my opinion, would save money and experience less scammers.

whatnow