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Published : Mon, Aug 20 2018 :4 AM.
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Keep in mind that often people who hire one contractor won`t bother to call any others and tell them they`ve decided to go with someone else. So this follow-up is as much for you as it is for them. Knowing whether you`ve got the estimate job can help you plan your work time and manage your staff efficiently.
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Any estimate should include at least a ballpark figure of what the costs will be to you to complete the project. If the job requires tools that you don`t own or have available to you, find out the cost for purchasing or renting those tools.
For the purposes of an estimate, you only need a rough ballpark. However, it`s important to be realistic in your assessment of time to complete the project because this will determine the ultimate price you give the customer. If there will be outside work involved, you`ll need to make allowances for possible weather delays depending on the season in which the work will be done.
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Keep in mind that "competitive" does not mean that you should aim to underbid the competition. You won`t make any money that way, and potential customers or clients may be suspicious if your estimate seems too low. Have confidence in your skills and your work product.
Assume the potential customer has reached out to others for estimates as well. If you have letterhead for your business, it gives your estimate a more professional polish and makes it stand out.