When Was The Last Time You Raised Your Prices?

 
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Old 03-01-2018, 02:45 PM   #21
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Re: When Was The Last Time You Raised Your Prices?


Raised my hourly rate I use to calculate quoted jobs this year but for T&M kept the same as the last 1 -1/2 years. According to some GCs I know, still on the upper end of pricing, at least the hourly rate.
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Old 03-06-2018, 07:09 AM   #22
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Re: When Was The Last Time You Raised Your Prices?


Quote:
Originally Posted by 480sparky View Post
Yep...... Simple question:

When was the last time you raised your prices?



Myself, I spend the time between Christmas and New Years getting ready to fill out taxes. This is when I figure out (roughly) how the past year has gone. I then decide if I need to bump my prices up or not and if so, how much.
I raised in 2016 for 5$ to 35$/hour for basic work. Was slow in 2016 but was busy in 2017. Managed to throw at side 7-8k more than usually. It allow me to sit in school for real estate licencing comfortably. Price is at 40$/hour right now. If any hint of profitability from RL will rise price to 50$/hour. I know most of you charge much more, but such is pricing here.
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Originally Posted by Inner10 View Post
About a year ago. I need to re-tool my pricing structure because I find I don't make out well on service work or small jobs.
Small jobs are useless for me.

Last edited by tipitop; 03-06-2018 at 07:12 AM.
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Old 03-06-2018, 08:40 AM   #23
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Re: When Was The Last Time You Raised Your Prices?


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Originally Posted by tipitop View Post
I raised in 2016 for 5$ to 35$/hour for basic work. Was slow in 2016 but was busy in 2017. Managed to throw at side 7-8k more than usually. It allow me to sit in school for real estate licencing comfortably. Price is at 40$/hour right now. If any hint of profitability from RL will rise price to 50$/hour. I know most of you charge much more, but such is pricing here.

Small jobs are useless for me.


Small jobs are gold. Removed moss and sprinkled zinc on a roof the other day. $20 for zinc and an hour of time for $450.

I find the small jobs can be quite profitable. The trick is filling the schedule with enough of them.

Even if the calendar is lean, I prefer to work a part day for a full days wages. Easier on the body.

I used to sell my work by the hour, but discovered I didn't want to crawl wet Crawlspaces or climb ladders all day for $50/ hr. Unit pricing or line item pricing is the way to go, Tipi.


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