Bids on painting is like golf advise 😂 too many variables to have an exact algorithm 😮 main goal always expected murphy to show up with laws,and charge what you need to charge to make money( shoot mid 90s) ! If the estimate on the job concerns you before you dip a brush, walk away your over your head and will loose chasing the money😮 ! HIGH BIDS REQUIRE HIGH EXPECTATIONS, LOW BIDS GET YOU IN TROUBLE!
I charge what I want. I know just looking at a job how much I want. You're overthinking the estimating process and probably losing money and workers in the process. Nobody wants to feel rushed or timed when working. Charge what a job is worth to you and your help. This makes for a pleasant, relaxed, and professional work environment for you, your workers, and the customers. I don't lead by speed, price, or math. I lead by doing clean, quality work. The job takes as long as it takes!
This video was strictly talking about commercial. You likely are talking only residential. You’re not bidding commercial work by the blueprint that way. Thanks for watching though!
But in the commercial field your not going to get what you want, and a lot of people want to know what you chargin per square foot, so you have to know your prices
Sorry did you just say don't do math? Just charge a bunch of money, and they will say yes or no? Wow, that's an interesting way to do things...I feel bad for the customers.
I am small time + residentil, but I agree, I personally charge in days and weeks. Big math is likely a waste of time but should be attempted a few times to have a grasp / track over time. But how much you need to make in a day and off a guy + worth the risk? Maybe $400/head per day? + Hassles and expense? And then yes, if you're good don't go down in price for cheap skates, push back 1x and run away or overcharge for BS.
Everyone’s cost is so different on overhead (insurance, utilities at an office if you have one, etc.) so I decided not to dive into that. For sundries In commercial they were just always included in the price to paint. If you want to be specific you can estimate buying new brushes and rollers, etc every X number of jobs and divide an average cost and add it to every job to cover everything. It’s really your call.
Thanks for the info. Sir. I would like you to help me with a bid that i am currently participating. Do you have any personalized services like zoom meeting?
Eduardo, I don't have much time to do 1 on 1 coaching anymore. I just made my $99 coaching live on my website though. I walk you step by step how to read blueprints and do a takeoff for painting and I will be uploading new videos every month to it.
I’m telling you, trust me . You can’t get a painter to paint at that speed for 8 hrs. The math is not absolute and probably flawed. I guarantee I have year round work. Lol I sprayed 12 k sq. Ft. Of primer $600 material . What’s the price? Based on your math 1 guy at $25 would make more on closets and ceilings than I get for the job
No estimation math is absolute. Not sure where I said that at. That’s why it’s called an estimate lol And yeah, your profit margins are higher in residential than commercial. You just do more volume in commercial usually.
@@TheEasiestBusiness I’m glad you’re lol I’ve been beating myself up for 2 weeks because I already sprayed all the ceilings and all the experts on RU-vid are telling me the price to spray for the whole job is less than what I charge to roll the vaulted ceiling’ upstairs nevermind the main ceilings kitchen/ living room/ parlor/ hallway. The contractor gives me 80% of my work . I didn’t buy a sprayer to lose money which I think most people don’t factor in. Saying that Give me a number please
are you generalizing, because i don't see you adding in material costs, and markups on paint. 98 cents per sq foot is extremely cheap. Look anywhere online and the price per sq ft ranges from $2-$6with around $3.50 being average. Plus i don't see you pricing in prep time and cleanup, or furniture moving, wall repair or anything. Theres no way anyones finding someone to get in a house and paint a 400 sq ft room in 3 hours, it takes at least an hour just to prep and half hour at least to clean up. Plus the tools need to be cleaned at some point in that day as well.
I’m not talking price per sf for floor footage. I’m talking about wall footage. You aren’t getting $3.50 a foot on the walls for a single room anywhere in the country lol and yes I’m literally just spitballing numbers to show the formula. Pricing is company specific and you should take my video and plug in your costs and your production rates to figure out your wall square footage price for commercial work. This isn’t for residential pricing.
@@gianthills what are you talking about ? I’m lost ? As long as you clean your brush at the end of the day and put it in the sleeve that it comes with your good
@@ethanadams5676 latex paints dry quicker now. If you don't wash it after a few hours or at least wrap it in plastic, your brushes will turn to crap quick.
Just went and fixed the website issue. Should be able to purchase the course now. Full launch will be 6/15 but the price will be $500 more once it fully launches.
50% profit should be where your 33% is Your 50% profits, are actually 100% profits. If you spend .49 cents and make. 49 cents profit, that's .98 cents, that 100% gains FYI (SORRY) 🙈
If my cost is .50 and I make .50 profit, that’s a 50% profit MARGIN, and a 100% markup. Margin is typically considered the more important number in business.
Kinda have to use the same formula but slightly different. Do like total linear foot (say 1,000 for example) and just plug in your labor costs, time it’ll take to do it, and material costs and you’ll get a cost per linear foot for base, then crown, etc.
@TheEasiestBusiness does it make a difference if the base has different height? Or different jamb sizes? There would be a differed surface area to Paint.
lol every bit of math in here was simple division and multiplication. If a 4 function calculator is too much to handle, maybe running a company is out of the question?
The labor number was based off 2 coats. I used $25 an hour as an example and gave 3 hours to paint 2 coats on 400sf as an estimate. So the 19c was for 2 coats of labor and the 30c was for 2 coats of material. This equaled 49c in costs before markup. At 33% margins for commercial you’re looking at 74c per sf of walls for 2 coats. But your numbers may differ this was just my example with made up labor and material costs :)
If we’re talking commercial why not include the ceilings for 1 coat And why base your numbers off 1 painters maximum speed. Where are you getting a painter who can/ is going to paint 8 rooms ( 1coat in a day)
I just sprayed 12000 sq ft of primer new construction no trim up what’s my number at 600 for materials. Don’t think about the vaulted ceiling’s upstairs like I am?
i believe you're confusing margin with mark up. and as far as the amount being charged, its just an example. you plug in whatever numbers you want. im telling you HOW to figure, not WHAT to figure.
First of all, it was just an example. You should plug your actual labor & material number in and get an actual cost. Second, it was .98 per WALL sf. On a 10x10 room with 10’ ceilings that’s $392 for JUST WALLS. Add trim and ceilings and you’re over $500. Doesn’t seem unreasonable to me 🤷♂️
This is so bad. There is no break down for moving all their stuff. Taking plates on and off may not seem like a lot have to take 200 off and back on say 30 seconds a plate off and 30 seconds back on a min per plate. That's adding 200 minutes not including moving locations and all the up/downs. What about the price of traps and the time to cover everything. This is probably only somewhat helpful for a completely empty house with zero prep and no pride in your work. Normal paint is 4-8 depending on prep and 9-13 on upscale homes. Good luck getting paid if you don't do it right every time. 50% markup I would lose money bidding a job at that price.
@@TheEasiestBusiness don't worry your vid is useful but potentially very dangerous to noobs who don't know the rest of the picture. your vid is just a tool on how to consider the math per item/task imo
Oh my God I wish I knew if you were making any money doing what you're doing on these videos and all because if you are then I'm in the wrong f****** business
Dude you would get along great with my foreman you talk but you say nothing there's no way you sold 3 million dollars worth of paint work the reason you got to write 3 million dollars worth of paint work is because of the company you work for had people calling their phone I can guarantee that you couldn't walk into a f****** building and sell water to a man dying of thirst bro it's painting it's not that complicated
