Bidding work - REO Property Preservation Forum
 
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post #1 of 5 (permalink) Old 11-15-2013, 06:34 PM Thread Starter
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Bidding work

Now that winterizations seem to be drying up I have been getting a lot of workorders for bids. Drywall, plumbing, stairs, handrails and the mysterious discolored walls.

So I know what I would be charging if I was working for an actual home owner but these cheap ass banks have got me all messed up. So if anyone would like to sugjest some numbers by the sq ft I would much appreciate it. I just don't want to cut myself short or overbid.

Anyone know if HUD has price guidelines on this also?

Thanks for any help.
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post #2 of 5 (permalink) Old 11-15-2013, 07:06 PM
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Quote:
Originally Posted by propresmd View Post
Now that winterizations seem to be drying up I have been getting a lot of workorders for bids. Drywall, plumbing, stairs, handrails and the mysterious discolored walls.

So I know what I would be charging if I was working for an actual home owner but these cheap ass banks have got me all messed up. So if anyone would like to sugjest some numbers by the sq ft I would much appreciate it. I just don't want to cut myself short or overbid.

Anyone know if HUD has price guidelines on this also?

Thanks for any help.
What ever you bid, they will most likely try and drive your bid down. As far as pricing. Just depends where you are. If I get 2oo for a 10ft handrail plus gas and materials, might not fly where your from. As far as the hud pricing you can Google it and find evwethinf you want and more. Be careful and never do anything you do not make a livable profit off of..
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post #3 of 5 (permalink) Old 11-16-2013, 06:48 AM
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If your working with safe guard it wont matter cause they will take your bid and send five more contractors out to bid the same work who ever is cheaper wins. And if they can not find another contractor they will cut your bid as much as half of what you bid the job for good luck
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post #4 of 5 (permalink) Old 11-16-2013, 07:04 AM
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Companies like Safeguard have their own price sheet for repairs like mold, railing, etc. You bid items like these for them by using their numbers out of the box.
Only the individual contractor knows their costs. Learn to how to accurately compute your own overhead and profit so you can make money on each job, not by "volume". It will help you when you need to "submit further documentation justifying your bid". FYI, don't count on HUD prices when working for the order mills.
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post #5 of 5 (permalink) Old 11-23-2013, 07:31 AM
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Bid your work to cover your costs an overhead. Put in how long the bid is good for... and other legaleze....
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