What the H*LL is "Standardized Pricing" - REO Property Preservation Forum
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post #1 of 25 (permalink) Old 11-20-2012, 07:53 PM Thread Starter
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What the H*LL is "Standardized Pricing"

I hope the learned ones can shed some light on purpose of "Standarized Pricing" in the P&P market.

What is the purpose of going thru the motions of providing a bid if the end result is a forgone conclusion?

To me the traditonal relationship of Contractor/Client is being diminished and is fast approaching that of Employee/Boss when a client informs you what they will pay for a particular service a Contractor provides.
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post #2 of 25 (permalink) Old 11-20-2012, 08:14 PM
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Originally Posted by JFMURFY View Post
I hope the learned ones can shed some light on purpose of "Standarized Pricing" in the P&P market.

What is the purpose of going thru the motions of providing a bid if the end result is a forgone conclusion?

To me the traditonal relationship of Contractor/Client is being diminished and is fast approaching that of Employee/Boss when a client informs you what they will pay for a particular service a Contractor provides.
Let me guess; FAS rehab contractor?

Iíve already told you more than I know.
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post #3 of 25 (permalink) Old 11-20-2012, 08:36 PM
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Originally Posted by JFMURFY View Post
I hope the learned ones can shed some light on purpose of "Standarized Pricing" in the P&P market.

What is the purpose of going thru the motions of providing a bid if the end result is a forgone conclusion?

To me the traditonal relationship of Contractor/Client is being diminished and is fast approaching that of Employee/Boss when a client informs you what they will pay for a particular service a Contractor provides.
Is a Realtor no longer an independent contractor because they agree to a set %?

Is an inspector not an independent contractor because they do inspections for a set, say, $50 price?

If an independent contractor sets their prices, say, $20 for an oil change at a lube shop, $100 per wheel for brakes, etc. does that eliminate the independent contractor status?

While I agree that going through the motions of providing a bid is pointless when there is standard pricing, I disagree that set pricing diminishes the independent contractor.
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post #4 of 25 (permalink) Old 11-20-2012, 09:18 PM Thread Starter
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Let me guess; FAS rehab contractor?
No guessing about it... Right on the button.
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post #5 of 25 (permalink) Old 11-20-2012, 09:35 PM Thread Starter
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Is a Realtor no longer an independent contractor because they agree to a set %?

Is an inspector not an independent contractor because they do inspections for a set, say, $50 price?

If an independent contractor sets their prices, say, $20 for an oil change at a lube shop, $100 per wheel for brakes, etc. does that eliminate the independent contractor status?

While I agree that going through the motions of providing a bid is pointless when there is standard pricing, I disagree that set pricing diminishes the independent contractor.
Can't see the comparison your trying to make above? Each of the above, the person offering the service is setting their fee's... not the Client.

I send you an bid request saying I got a damaged house, an I want a bid from you to make repairs. But I'm only gonna pay you $150 to repair 60" the cabinets replacing 4 doors and refisnish and staining, $ 500 to replace the refrigerator with an 18/cf GE brand, and replace 5 interior prehung 80x30 doors $120/ea. I think you'd politely tell me yur not interested.
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post #6 of 25 (permalink) Old 11-20-2012, 09:39 PM
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Originally Posted by JFMURFY View Post
Can't see the comparison your trying to make above? Each of the above, the person offering the service is setting their fee's... not the Client.

I send you an bid request saying I got a damaged house, an I want a bid from you to make repairs. But I'm only gonna pay you $150 to repair 60" the cabinets replacing 4 doors and refisnish and staining, $ 500 to replace the refrigerator with an 18/cf GE brand, and replace 5 interior prehung 80x30 doors $120/ea. I think you'd politely tell me yur not interested.

right on! There must be people doing it at there pricing. I did rehad for them years ago and wouldn`t do now with them kind of prices
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post #7 of 25 (permalink) Old 11-20-2012, 10:18 PM Thread Starter
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right on! There must be people doing it at there pricing. I did rehad for them years ago and wouldn`t do now with them kind of prices
I still do work with them... but you got get quite "inventive" in culling out the bad work...
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post #8 of 25 (permalink) Old 11-21-2012, 05:19 AM
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They don't have experienced pros looking at your bid with the same knowlege you have. With so many bids to review, they are using young men and women who's only experience in the field came from two 90 minute training sessions in the meeting room down the hall from their cubicle, which was given by Human Resources when they were hired. It removes much of the risk from their end. They print out some binders and lay them out on everyones desk, so that they can match your bid to what they have declared is the correct pricing for the work in your area. Welcome to the McDonald's dollar menu.
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post #9 of 25 (permalink) Old 11-21-2012, 10:17 AM
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Corelogic, LPS, and AMS are all the same with this standardized pricing. Corelogic and LPS make you include your cost estimation software bids to justify your price. The cost estimation software is expensive and takes more time.

It appears they are trying to prevent guys from pricing bad work really high. They get themselves in a bind where they have to rely on a certain contractor and don't have other options so this is their way of beating down his pricing.

This practice to me is the most infuriating of them all.
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post #10 of 25 (permalink) Old 11-21-2012, 11:03 AM
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Originally Posted by Doberman Properties View Post
Corelogic, LPS, and AMS are all the same with this standardized pricing. Corelogic and LPS make you include your cost estimation software bids to justify your price. The cost estimation software is expensive and takes more time.

It appears they are trying to prevent guys from pricing bad work really high. They get themselves in a bind where they have to rely on a certain contractor and don't have other options so this is their way of beating down his pricing.

This practice to me is the most infuriating of them all.
If you become xactimate cert you can find a great paying job with benefits in restoration/commercial construction. In AZ starting at $100k per annum
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