Join Date: May 2016
Thanked 2 Times in 1 Post
So after much reading, the general consensus is on going direct and steering away from the middle men. Sure. Contact some brokers and see if they aren't already using a middle man / vendor.
There's plenty agents out there looking for assistance. Dealing with one vendor doesn't mean they wouldn't deal with any others. Especially if it's a need for some in areas their current vendors don't always get to ( too far away), or if the price is better on the new soliciting vendors side.
The banks either already have their own expected prices, or they will want to see various bids from multiple vendors before deciding who to use.
So if you're putting in your bids, either per job / property, or a blanket price sheet for every type of service you provide, then what's the best way to gauge what the average accepted price is to give you a good idea of what your prices should be?
I've heard some say the rule of thumb is to multiply whatever prices you get from the middle men by 3 and that's normally what they're making before they take their cut. So a $30 yard cut may very well be priced at $90 per property, as an example.
Is there any truth to that rule of thumb or is there a better guide to look up?