Have you lost money on a roofing job, explored roof software to avoid inaccurate estimates, or started a project before understanding you'd barely break even?
You're not alone. 90% of roofers are underbid. Only 10% of roofing companies bid correctly! Most roofers need help understanding they're underselling themselves.
Many think—and quote—in squares. They estimate the roof's squares. They often overlook labor and overhead expenditures.
Repeatedly underestimating bids might destroy your roofing company. You want to provide accurate roofing estimates and generate money.
Underbidding a roofing work might cost you money and confidence. Your consumers need to trust the roof repair or replacement cost.
Follow these five steps to price roofing projects and stop underbidding appropriately.
1. Talk to Homeowner
Before quoting, meet with the customer. Prepare to quiz the consumer. Ask the owner:
2. Roof Check
Naturally, inspect the roof. Check the roof for damage or features that may increase expenses.
We encourage photographing concerns to avoid future troubles. Show your client and save the photos to their contact card.
3. Roof Measurement
After photos and inspection:
4. Estimate Roofing Material, Labor, and Overhead.
After defining the roofing task, you must choose materials and estimate costs. Depending on your source, asphalt shingle roofs cost $7.00 per square foot.
Next, calculate labor expenses. Multiply your project's hours by your workforce. You can estimate the time if you've recorded labor hours for past tasks in your CRM.
After labor expenses, consider overhead. Roofing prices must compensate for these expenditures. Business overhead includes office rent, car upkeep, insurance, utilities, and taxes.
5. Add Your Markup
It would help if you marked up the roofing job's breakeven cost to make a profit. Your roofing project markup should be more than your profit margin %.
Profit margin is net income divided by net sales. Multiply by 100.
Estimate Roofs Quickly Using Software
Roof program estimates in two minutes or less, saving twenty minutes. Roofing CRMs speed up estimates by adding material, labor, and overhead with a few clicks.
Make Your Quote the Winning Bid
Now that you know how to prepare an accurate roofing bid make yours stand out. Use these expert bid suggestions.
>>Related post: A Guide to Estimating the Cost of Roofing
Cover All Important Estimate Information
What should roofing proposals include? Your roofing estimate should consist of the necessary details.
Include all consumer queries. Addressing such issues immediately shows your roofing expertise and foresight. 13 roof bid components:
Roof Quote Follow-up
Daily living may distract homeowners. They may forget or lose your offer.
Misplaced estimates might cost you a job. Contact the consumer after a few days or a week.
>>Related post: The Power Is In Your Hands: Configurable CRM Software
Every Bid Matters
You can now develop winning professional quotations for your clients and expand your company by doing what you do best. Try these five simple methods to increase roofing business profitability immediately.
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