Is it just me or are prospective customers everywhere thinking that they are entitled to unreasonably low prices for remodeling because of the bad economy? I really hope contractors everywhere are not going to start irresponsibly slashing their prices just to "stay busy". When the "competion" for a simple bathroom project can supposedly beat me by $2,000 (which is happening) I am scared. Anyone?
I wouldn't necessarily be "scared".
A couple of thoughts:
1. "Supposedly"....is the key word here.
What are they (the HO's) going to get for the supposed $2K less?
What kind of quality, items, parts, etc...does that include, not include?
HO's sometimes only see the "lower number", and miss a lot of fine print and details...
2. The other key words, are "The competition".
Are they really...."your" competition???
Do they really do the level of work you do?
Do they deliver the, quality, workmanship, service, warranty, detail, package, etc, etc.....that you do?
Those guys could be hacks, inexperienced, crooks, etc....
...and those cheap home owners, could end up becoming victims....
FWIW -We just finished a $35K master bath remodel, and have work (Remodels, additions, repairs, roofs) booked pretty much to the end of the year.
My buddies, are also very busy and booked too.
It seems to come in spurts for some guys.
I'd say, don't get flustered.