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Commission Fee?

 
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Old 11-27-2017, 04:09 PM   #1
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Commission Fee?


How much commission do you ask for when you recommend client to a specific cabinet store? Does it depends on the price of cabinetry or the total bill? I just knew my friend got commission fee for doing that.
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Old 11-27-2017, 04:13 PM   #2
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Re: Commission Fee?


Wait for it.............................................the old one are still the best ones









THREE FIDDY............................................. .....

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Old 11-27-2017, 08:54 PM   #3
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Re: Commission Fee?


Exactly $0.00. One time I asked my cabinet supplier to kick back 10% to me. The customer shopped and found another supplier that was 10% cheaper. I ended up working with a supplier that I didn't know and pretty much lost control of that part of the job. Never again. If your not making enough money, raise your prices or do whatever you have to do but be above board with your customer.

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Old 11-27-2017, 08:55 PM   #4
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Re: Commission Fee?


Quote:
Originally Posted by sunkist View Post
Wait for it.............................................the old one are still the best ones









THREE FIDDY............................................. .....
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Old 11-27-2017, 09:16 PM   #5
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Re: Commission Fee?


I never care much for people who ask for, or expect kickbacks.

Plumbers are notorious for being greedy and getting kickbacks from restoration companies. Those types of people are never loyal to anyone and they are wh...es who sleep with the person who pays the highest price.

I never took a kickback in my entire life and always refuse one when offered.

One of the best books I ever read was How To win Friend and Influence People In The Digital Age. The book teaches how to get the most from everyone by being helpful and specifically by not asking for things.

I think it is illegal to pay or take kickbacks for recommending a business.
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Old 11-27-2017, 11:36 PM   #6
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Re: Commission Fee?


If someone calls me for a product/service I don't offer I am happy to give them the number of a place that I know is reputable. My commission comes when I get referrals from them.
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Old 11-27-2017, 11:38 PM   #7
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Re: Commission Fee?


Quote:
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If someone calls me for a product/service I don't offer I am happy to give them the number of a place that I know is reputable. My commission comes when I get referrals from them.
This
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Old 11-27-2017, 11:42 PM   #8
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Re: Commission Fee?


If you want commissions try selling real estate or used cars....
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Old 11-28-2017, 09:53 PM   #9
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Re: Commission Fee?


I have several subs that work for me, one guy I give alot of my overflow to. Good work and well paying work. Our deal is 10%, I have no shame in that. It is a one way street, I dont need or want referrals from anyone but my clients.
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Old 01-30-2018, 07:39 AM   #10
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Re: Commission Fee?


You have to be careful as it will upset some people, but if implemented well then you can make some good money.

Bill

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Old 01-30-2018, 03:07 PM   #11
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Re: Commission Fee?


Why not just run the cabinets through your books and put a markup on them. Client doesn't need to know the actual purchase price you paid.
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Old 01-30-2018, 06:28 PM   #12
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Re: Commission Fee?


I'v never asked anyone for a referral fee and I used to refer subs quite a bit. I've quit doing it as the subs work often requires other work to finish the project. Especially plumbers and electricians if the job is of any size at all. I would refer and then someone else would end up doing the surface repairs and I noticed that the job scope often grew and I missed out on that work. I also knew a licensed contractor who referred his glass guy and when the shower door fell and cut the client's toe the general contractor ended up in the lawsuit and ended up paying as the glass sub was not properly insured. It's really cut down on the nuisance calls
I've also had designers ask me for a referral fee and that's another thing I won't do. Actually ask me for 20% of the job and that leaves either no profit for me or a job that goes south as the client feels like they're being overcharged.
If guys can do it I don't care but it's never been something I can do
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Old 01-31-2018, 01:31 PM   #13
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Re: Commission Fee?


networking is worth more the ref fees for roofers, cabinet people etc. IMO

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Old 03-01-2018, 08:14 AM   #14
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Re: Commission Fee?


if you have a good relationship with the others you work with, run everything through your company and mark it up accordingly... we do it all the time, our companies we use for millwork, etc dont ever give our pricing away, and if they know the client is our client... theyll even double the price. when we do residential jobs ill walk clients into cabinet shops we work with all the time, the client never gets pricing on the spot, if the client tries to go behind our back, our vendors raises the price so much its insane.

when i refer smaller jobs to my friends or other contractors, i always ask for 10%... whether they add that 10% onto their bid or not is not my concern... i do know if they get a job and i dont see a dime, i wont give them another
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Old 03-03-2018, 06:03 AM   #15
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Re: Commission Fee?


Quote:
Originally Posted by canew View Post
How much commission do you ask for when you recommend client to a specific cabinet store? Does it depends on the price of cabinetry or the total bill? I just knew my friend got commission fee for doing that.
How much commission do you pay, when someone recommends you?
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Old 03-11-2018, 07:51 PM   #16
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Re: Commission Fee?


Quote:
Originally Posted by B.Johnson View Post
Exactly $0.00. One time I asked my cabinet supplier to kick back 10% to me. The customer shopped and found another supplier that was 10% cheaper. I ended up working with a supplier that I didn't know and pretty much lost control of that part of the job. Never again. If your not making enough money, raise your prices or do whatever you have to do but be above board with your customer.

a·bove·board
legitimate, honest, and open.
"certain transactions were not totally aboveboard"
synonyms: legitimate, lawful, legal, licit, honest, fair, open, frank, straight, overt, candid, forthright, unconcealed, trustworthy, unequivocal
Couldnt agree with this more

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