"Estimating Paint Jobs & Why NOT to Worry About It" By Painting Business Pro
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- Опубліковано 15 жов 2024
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The biggest question I get is about estimating - and it's my most popular video. But you don't need to worry about how to estimate. Only 2 things can happen if you are not correct with your estimating....
#1 - You bid the job too high. If this happens, the customer will tell you that it's too high and you will learn from it and adjust your bid.
#2 - You bid the job too low. If you bid a job CORRECTLY for $3,000, you can hire someone to paint it for $1,500. So if you bid the job too low... like $1,500 too low... you still won't even lose money.
And you will definitely learn your lesson!
So what is more important, is sales. If you aren't good at sales, you won't ever sell a job for the CORRECT price... You will need to be a low bidder, which won't make you money.
The lesson? Don't worry so much about estimating... focus on sales!!
To get our EXACT estimating formulas visit: paintingbusine...
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I never scratch at the door to ask for money if I miss measure etc. it's not professional and it's away to build a bad reputation. Learn from mistakes, take your loss and be better at estimating. Ive been self employed for 30 years.
go to hell Satan
I generally agree. ,however most customers don’t want to hurt a young person who made a mistake ( they too were young and inexperienced).I’ve been asked and am always delighted to cover the extra costs(I like to sleep well).If a home owner says no- he (probably)knew he was getting a deal he didn’t deserve- good riddance. It’s a win/win.
I am a single mom and am just starting out with making a painting business. I am grateful for your advice and videos! I am looking forward to taking your course and jumping face first in this.
Good for you Annie! Excited to help you make it happen!
Hows it going for you ?
Great video Eric, on the interior video you gave $75 each for windows and doors but you didn't mention the additional cost for baseboards, how did you cost them. Thanks again
Good day, i’ve been painting for a month or so already. And believe i’m ready to start my own painting business. Been watching all these videos to help me understand more about the business, and they are very helpful. i’ve been painting seed bins & walls at my job. And have a client already lined up ready for her house to be painted. But i wanna give her & every client after that a perfect price. These videos help & i hope all is well.
Like he said go and do it then you'll learn if your right or wrong I think people think iam going to fail if I give this price but that's the way you learn. You could do the formula right and be excellent at it but costumers don't go by formulas they'll question you. You'll say but my figures say this and that they don't wan t to hear it. Just be creative and offer what others don't offer.
Too anyone watching I highly recommend this course! It's very in depth and gives you almost everything you need to start up a painting company or really any other contracting company.
Was definitely worth the money!
BTW great video!
Good video. Two thumbs up. Haven't ordered the course yet but it is on my list of things to get very soon.
I just came across your channel hardly an hour ago, and love your content. You do great as UA-camr, and have relatability NAILED man, all the way down to the sigh at the beginning of this video. I haven't been excited about finding a new channel in months, but I am definitely looking forward to catching up on all of your older content. Keep up the good work👌
Haha. I really appreciate it man. I have had some haters lately, so I appreciate the encouragement. I plan on getting going with a lot more consistent videos here in the next few weeks. So keep an eye out!
I really enjoy making these videos and sharing what I've learned. And I have so much more to share!
PaintingBusinessPro It seems like youre doing great, and you provide value, while passively putting out your own cta's, which is great, you execute on yt better than most, while still keeping attention. Keep up the good work. P.S., fuck the haters. If anything, be proud you have them, because they're instrumental in growth, and even a mark on your own personal timeline, because ANYONE that progresses their life, business, or even (and especially) online business, is GOING to attract haters along the way. Keep doing what you're doing, you've inspired me in less than a few hours. 👌
Thanks man! I really appreciate it. I plan on getting back into making a lot more videos soon. Looking forward to it. Stay in touch!
Eric
Eric, you are doing a great service for the residential repaint industry. I am a long time painting contractor, raised up in the business. I have been doing this business long enough to know that I can always learn from other contractors. It's easy to get stuck in old school painter ways, and I appreciate how you concentrate on the business side of things, which is where average painting contractors are most weak.
It was only when I decided to quit being a self employed painter and started being in the business of painting that I began to enjoy the painting business.
After watching a few of your videos, which I like by the way, I purchased your course. I purchased your course mainly to learn your process for teaching your sales people how to sale your services. But don't think I didn't learn a few other things that I could begin implementing as well to improve the efficiency of my business, because I did.
I highly advise any paint contractor to buy your course and review your materials. You highlight some very good points that can help any painting company ( new or old ). I give it a thumbs up for sure!
Great job!
Travis Byrd
Hope things are still rocking for you man! Just ran across this comment again.
Thanks for these videos, they are very helpful. The biggest thing I have been concerned about is estimating. I am going to break through the anxiety and do it. I started my own painting business and have been painting only interior because I have not done exterior in many many years and have not done a bid in over 5 years( for exterior) when I worked in North Carolina for a painting company taking sub contracts. A lot of helpful tips in these videos, like you said with a %50 mark up its nearly impossible to lose money unless its your employees and/ or someone screws something up extremely bad, but many more things can go wrong its very rare though.
im actually starting a painting company again, this will be my second one, and yea there is that fear its crazy
russell mitchell Hey mate. How aree you doing. just currious hows your business by now? I hope your successfull
this will help me Tommorrow my first contract
Hey! Thanks Eric. I've watched several of your videos and just wanted to say thanks for sharing your experience and knowledge. Very cool of you. I'm thinking about trying out going out on my own and your videos really are an encouragement.
Thanks again Eric for another honest video. As well as responding to my emails! I'll be buying your course soon and can't wait to get started on my future!
Hello my husband is just starting his painting business right now it is just him until we can pick up big contracts but curious on how long does it take to paint a room by yourself considering prep work he started Friday but I think the lady thought he would be painting already which he still has a lot of prep work to do the house is about 3500 sq ft.....also are kitchen cabinets included in a paint job or charged separately...would appreciate your feedback.....Awesome videos too....it's nice to see people share their knowledge to help others as I can see that is why you are Truly Blessed 😇
Thank you I appreciate it.....God bless you always 😊
Hey Eric I just bought your painterpro program. I want to sign up for paintingleads. Are you getting leads in the DC MD VA area?
Great video, thanks so much for your information and time.
Not every customer is honest to tell you the other estimates.
Real customer should show the written estimate.Scope of the work should be written in details.
Otherwise,you compare apples to oranges.
Wall ,ceiling sqft,trim linerft,number of window ,door,colour change,damages on the walls, trim,furniture in the house should be inspected and priced accordingly.
Another option is just estimate how many days and how many guys needed to finish job then multiply by $200 for helper and $350 min for painter and add paint and supplies.
If you are someone like me that was getting paid $10 the hr landscaping I was not taken serious and now I'm booking jobs with home owners ,get this freaking course big life changer when I booked my first job I was scared to take the 25% deposit because i couldn't believe I've gotten this far. I create my own money I want to earn by making goals I'm only 22
Excelent video thanks alot for the information. Very usable.
The only time you actually lose money is if your bid is lower than the cost of materials (M) plus transportation (T) plus post-bid incidentals (I). So...
If M + T + I = $1000, but you bid $1200, and it took 40 work-hours to finish, then you still made $5/hr. It sucks, yeah; but you didn't lose money, per se.
+doobysnacks Great vids, btw. Great advice near the end, about going out and doing it. Hey, does your estimating course take into account incidental non-painting things such as replacement of rotted siding, fascia, trim, etc.? That's where I tend to mess up when estimating.
+Eric Barstow Thanks!
I don't specifically talk about how to deal with incidentals... basically if I didn't notice it up front, and I found it later I would go tell the customer about it and present their options to them. Nothing too crazy about that one.
Eric thanks for sharing your Painting Business expertise.It's really given me the insensitive to start my business parttime.EJ
Hi Eric. I'm a single mom and love to paint and do renovations. I've been wanting to start a company for a very long time, but have always been afraid of leaving the security of my job. Well, that has been taken care of for me. I lost my job, and can't find another one willing to pay what I need to make (plus I hated what I was doing - I'm someone who thrives working with their hands). Do you think it is feasible to start a company and do the painting myself for awhile? I feel I need to learn it and live it before involving subcontractors. i love your videos! Thank you so much!
Chris
I'm interested in painting can you tell me briefly what chalking , blistering paint, craters and foaming is also, I'd really like to know?
Start by painting your own house. Take before and after photos. Figure out what you need to make per hour ($15-$20). See if your state allows you to do hourly work legally without LLC or insurance. My state does so I can legally work as a “general laborer” hourly. I can not bid jobs. Doing things this way you will charge time plus materials, and make way less than if you bid jobs. But it’s better than not working at all. Only work for people you know and trust! Once you gain experience and confidence then think about moving up getting LLC and insurance. The LLC and insurance is not expensive so if you can do that right away you should but I would not try to bid jobs. Also when looking at jobs you need to know your limits. Can you move furniture? Can you handle ladders? Do you fatigue easily? You may hate being a painter it’s exhausting. I work for myself by myself and I do not do exterior work. It’s too dangerous and I can not move giant ladders myself so I just don’t do it. I sometimes have to pay guys to come and help with just moving furniture. After 10 years I’ve finally got to the point that my work speed is way too fast and time plus materials for me equals me ripping myself off. I am going to start bidding jobs but that’s after 10 years! If you can get in with a painting company maybe try that for a while then you’ll be able to ask questions and learn from others while you’re working and getting paid.
I think you need to make it very clear to the customer that it's only an educated estimate of the total cost and not a set-in-stone number. There are variables that may change the price due to for instance the condition of the walls, more paint needed if necessary, moving of furniture you didn't account for, etc, etc. Of course, you'll need to let them know what percentage it could go up or down by - it shouldn't be left open-ended. This way you don't have your customers thinking you've done a "bait and switch" with them.
That's not how we do it. We give customers a final, set in stone price. We have more detailed estimating formulas than what is presented in this video. Those estimating forms can be found here: www.paintingbusinesspro.com/estimating-guide
Hmmm, but it isn't a final set-in-stone price if you're going back to them asking for more money if you estimated incorrectly.
We don't go back and ask more customers for more money. This is a signed contract and it's our responsibility to give them a correct price. Not saying you can't do it your way, but we don't do it that way. We provide a customer a contract with a set price for the work and that's the contract they are signing. We don't ask customers for more money. If we messed up our estimate, that's our fault and we don't put that burden onto our customers.
Sounds good, I thought I heard you say in your video to go back to the customer and ask for more money if the estimate is wrong. My mistake.
By the way, these are great videos!
So what do you think it would average out per foot 2000 square foot exterior could you round that off in like how much you would charge per foot to paint a square foot $2 a square foot a dollar fifty a square foot if you could figure it out that way could you do that give me a little feedback on that one if you understand it and if it sounds about right my speakers belt does not work very properly I guess
I'm not sure. We don't bid like that and I don't want to make something up. This is kind of an introductory video to help people get started. You can use this as a guide to figure out your numbers.
He speak so nice clear very understanding
I like your videos Eric! You do great! Thanks!
Thanks Eric, good advise
New sub.
Thanks Eric dude, this really motivates me :) cheers! I am now remembering about my future, thanks for that :)
Awesome video, Eric.
I need some help I am trying to finish a proposal for the city I live in to paint over the Graffiti
What a vid💯
What wouldn't people underbid to get the job and then try jack the lrice up after?
Because that's terrible business practices and customers don't like it. That's a quick way to ruin a reputation.
@@PaintingBusinessPro I agree. That's why you stick by your price. You gave your word, stick to it, even at a loss.
Hey buddy i have subscribed do you last night and have been taking so many notes all night. but with starting my company, I am going to be doing interior painting first before i get into exterior. So do you have videos about interior painting? tutorials on it and the pricing. I have some experience in interior painting but i would like to know everything there is that you know. please get back to me. thank you so much and thank you for helping me and everyone else.
Yea man. I have lots of information. Check out the free stuff first here:
ua-cam.com/users/ebarstow18
www.paintingbusinesspro.com/articles
And I'd strongly recommend my entire training program, it'll pay for itself in no time. Check that out here:
www.paintingbusinesspro.com/course
And reviews on the training course can be found here:
facebook.com/paintingbusinesspro/reviews
www.shopperapproved.com/reviews/paintingbusinesspro.com/
Cheers,
Eric
Looked at a small ranch house today and client said he was going to grab my pressure washer after I washed the house to do his patio and fence. Basically, I'm going to use your equipment for free with your gas while you're painting, lol. That's not ever happening and I added $400 to the bid because I can already tell the type.
What if I'm not going to be using a sub contractor, do I still make the same estimate?
I've done Victorians for over $20,000. Be careful people. You can get hurt bad financially, if you take on painting a Victorian house for only $7,000. You make some good points in your video. I have to ask, those general numbers you're throwing out there; they must be for labor only, right? Not including materials. I just finished a 2.5 story house and the material cost alone was over $1,100. But I don't use low end materials.
Fair enough. I have an atypical niche in my area doing a lot of custom color work and restoring old buildings. My clients also usually prefer the highest end paint so the materials I use are pretty pricey.
hi Eric I'm trying to figure out a rough estimate on a true story trim job butt can't exactly get the numbers where are I think they should be try not to underbid or overbid but make sure my associate and I don't screw ourselves could you please reach out to me
Time and materials
stop it and go after it haha, nice very helpful video man thanks
Hi Eric , love your vidos and all the tutorials . Thanks so much , you are really helping people like me ( with no confidence in sales and with no entrepreneurs skills ) to become "Rock Stars " lol. Thanks .
If i could ask , any chance you could post (youtube ) the actual ""initial first phone call " record and post . English is my second language and what for most might sound easy is not easy for me . I do have all the scripts but still. Thanks for all your help . Greatly appreciated
I think I do have that video. Look for "Setting up the perfect estimate". And on the website, you can find that article where you'll be able to download the script itself. www.paintingbusinesspro.com/articles
have you ever bid on a new apartment complex?
How can I calculate how many gallons of paint I will use?
Depending on the type of paint it will vary. The paint cans will tell you what type of coverage you should plan for per type of paint. Go by that.
Nailto Mendes y
alot of different variables there, texture, sheen, is there a color change, and how new is the dry wall? roughly 350-to 400 sqft per gallon.
one gallon covers 350 square feet
You have to think about primer too.
Thank you
Encouraging other painters to bid your house at their expense for your own gain is just a shitty thing to do.
Those estimates include paint and utilities???
It includes paint. I'm not sure what "utilities" are.
Like tape plastic or paper or caulking
Thank you
Yea that's all included. This is the price I would give to my customer.
I like your video
my customers say I twice the price as every one else I stay busy
Good for you!
Asking for more money after the contract is set with an agreed price is really unprofessional. That's a great way to get the customer to not give you any extra money AND not give you any recommendations. And if there's any imperfections in the job they'll just assume you didn't care enough about it to do it right.
It doesn't come off as genuine, it comes off as a bait and switch.
I agree. This is not a common practice of ours by any means. More like an option for someone who is concerned. It's not a goto strategy for your business. The only way to ultimately succeed in business is to genuinely do a great job for customers and genuinely provide great work environments and opportunities for your team members and contractors.
By the way it sais Abel Talamantes but that is my son my name is Jamie Garcia lol I just seen that I was like wow lol confusing he has the account on my phone just to explain when I said my husband lol....
Don't go begging customers for $200. This guy is completely wrong.
I'm not going to rewatch this old video to see what I said that you're responding to. But I'll chime in quick. I 100% agree with you. We've done over $20M in business at our companies and have never asked for more money. If I mentioned that as an option, it's only as an option - not as a recommendation.
tops
this video is not good advise ,
you have changed my mind on this matter, i have seen those guys too, so detailed they cant start or complete jobs ,