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Need To Learn To Estimate Pool Jobs

 
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Old 04-02-2014, 10:33 PM   #1
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Need To Learn To Estimate Pool Jobs


Hey all,
First time doing a forum. I am an electrician in Louisiana and just recently got my license for pools. I am new to having to bid and estimate pool jobs and am not sure how it typically is priced out. Any and all information would be greatly appreciated. Details and specifics are awesome as well.

Thanks in advance,
Klein
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Old 04-02-2014, 11:02 PM   #2
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Re: Need To Learn To Estimate Pool Jobs


Utilize your competition, call them and get a few quotes... And go from there.

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Old 04-03-2014, 03:59 AM   #3
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Re: Need To Learn To Estimate Pool Jobs


Klein. First, can you explain what you mean by ''I'm a electrician and got my license for pools''? I don't think there is such a thing here in Florida.

Second, there is now way anyone could answer that question. Too many variables. You run power to the equipment. How much for materials and labor for starters.

I would think/hope you already have an idea what the cost should be.

This may get shut down.
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Old 04-03-2014, 06:19 AM   #4
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Re: Need To Learn To Estimate Pool Jobs


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Originally Posted by Stoneyard View Post
Utilize your competition, call them and get a few quotes... And go from there.
I sniff you guys out in a heartbeat... not happening. Learn your own numbers.
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Old 04-03-2014, 06:31 AM   #5
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Re: Need To Learn To Estimate Pool Jobs


Also, if anybody would like to come up to Michigan, wipe my arse for me, completely run my business for me, and teach me to get rich quick, I'd appreciate that too

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Old 04-03-2014, 09:58 AM   #6
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Re: Need To Learn To Estimate Pool Jobs


Although profit is actually a divided decimal this will work for a start. Loaded labor includes overhead.

((materials + material markup) + loaded labor) + profit = job price
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Old 04-03-2014, 10:39 AM   #7
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Re: Need To Learn To Estimate Pool Jobs


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Although profit is actually a divided decimal this will work for a start. Loaded labor includes overhead.

((materials + material markup) + loaded labor) + profit = job price
The parenthesis around materials and markup are unnecessary, since it doesn't matter what order you add and subtract.

It would matter if it were mixed multiplication and addition, but only if the addition had to be performed first.

Order of operations: PEMDAS Parenthesis, Exponents, Multiplication, Division, Addition, Subtraction.

A + B x C is the same as A + (B x C), but not the same as (A + B) x C.

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Old 04-03-2014, 11:43 AM   #8
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Re: Need To Learn To Estimate Pool Jobs


Pools are a cash cow in my area, but also a limited cash cow, here you only have 4-5 months to utilize them, and not much more time to actually install them. And people pay a fortune for the landscaping that goes around them.

So not that my answer helps, but the perceived profit on a pool is huge, until you realize the short time frame to make it in, divided out by 12 months and it's not that special…so have something else to do in the off season
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Old 04-03-2014, 11:48 AM   #9
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Re: Need To Learn To Estimate Pool Jobs


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I sniff you guys out in a heartbeat... not happening. Learn your own numbers.
Maybe, maybe not. But irrelevant. Nothing wrong with establishing an initial baseline then taking the lead from there.
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Old 04-03-2014, 11:49 AM   #10
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Re: Need To Learn To Estimate Pool Jobs


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The parenthesis around materials and markup are unnecessary, since it doesn't matter what order you add and subtract.

It would matter if it were mixed multiplication and addition, but only if the addition had to be performed first.

Order of operations: PEMDAS Parenthesis, Exponents, Multiplication, Division, Addition, Subtraction.

A + B x C is the same as A + (B x C), but not the same as (A + B) x C.

True. Although not written that way material markup is often often a multiplier.
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Old 04-03-2014, 07:42 PM   #11
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Re: Need To Learn To Estimate Pool Jobs


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True. Although not written that way material markup is often often a multiplier.
Yes, but the way he did it was just adding the material with markup already applied - and you still wouldn't need parenthesis.
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Old 04-04-2014, 11:50 AM   #12
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Re: Need To Learn To Estimate Pool Jobs


(((hourly labor rate + hourly overhead rate)(hours)) + ((materials cost)(sales tax multiplier)(material markup multiplier))) / profit divisor = job price

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