"How to Estimate Paint Jobs" By Painting Business Pro
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- เผยแพร่เมื่อ 16 ก.ย. 2024
- Make $75k More Profit Per Year Without Working More - Apply Here: paintingbusine...
You can also get access to free resources on our website here: paintingbusine... I'll show you how to estimate paint jobs and cover the basics in this video.
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Website: www.paintingbus...
Facebook: / paintingbusinesspro
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Estimating is not a hard thing to do if you understand the basic concepts behind coming up with your price. In this video I cover the basics. Look for my other videos on how to bid interior and how to bid exterior. Or you can learn everything you need to on my website at:
www.PaintingBusinessPro.com
To get our EXACT estimating formulas visit: paintingbusine...
And be sure to follow us on Facebook for free content updates on how to build your painting business:
/ paintingbusinesspro
I'm starting my own painting business and your estimate videos have been so helpful!!!!! The best advice I've received before this is "ballpark it" which told me nothing. So, thanks again. i hope to have half the success you've had.
How's your painting business now going ?
i want to know too
Hi there...
What about your business today?
Thank you! Unlike most of the other videos I just looked at that tried to sell me some program or software. Thank you for getting right to the point
To anyone watching this learn your numbers!!! The cost of doing business and if you have employees or subs. The prices he reflects here in my area you would go broke!!! He subs his work out and operates on volume which is what most franchises do. Go to a PDCA convention after you get into business and go to some seminars learn your costs all your costs all your direct or indirect overhead. Estimation is a art and you must know your crews production rates!!! He also doesn't get into setup time , clean up, travel, weather conditions and not every painter will produce the same amount of labor for 8 hours. If you fiqure a guy working 8 hrs your lucky to get 6.5 hrs of production out of him. We all get tired as day goes on.
Subbing out 1099 work is not even close to having employees.
This guy is crazy 1400$ to paint a 2000 square foot exterior??? Not a chance in hell
I’m learning how to estimate. You are THE BEST!
As a paint estimator for 30 years I did not see you adding any labor burder to payroll expensives. Matching employees social security @7.5% Federal unemployment insurance and workmenscomp insurance. This adds up fast. Every state is different on workmenscomp as far as the rate goes . Also by giving a homeowner or client paint at cost is costing you money. Your time is valuable . Even if you charge $ 30.00 dollars per gallon and it cost you $21.00 dollars that's 9.00 dollars per gallon, and if the job takes 10 gallons that's $ 90.00 dollars it gives you two hours of labor cost plus a small fuel charge.... So you are getting paid to travel. If you are a one man show and you don't add all the cost you loose out on a little. If your growing your company and have employees working, what's it cost you in wages to have them sit in traffic and wait while they are mixing your paint... You can't afford to give it away.. I do think that bidding is better when you figure the actuals ( How many man hours it will take, is better than footage prices. At least in residential painting. Especially when it comes to prep work .. Poor estimating is what cost most painters to go broke, very quick they don't charge enough . Good estimating take time to learn... By the way I'm not here bashing your channel!!!
Dave Rushing Hi Dave I'm starting a painting business with my uncle. He does the pricing but sometimes we loose money on those little thing you mentioned like gas and the time when we mix the paint. Is it possible that you can email me some advices for this? you're the only person in the comments that seems to actually know about this. jesusivaniturbe95@outlook.com I would appreciate it a lot. God bless
Thank you for that comment.
Would you please share some of your knowledge with me?
A friend that has passed me to paint apartment for her. The apartment is mostly empty and it is about 1000 square feet. How would I go about estimating a price that is fair to her and fair to me?
Great vid mate. You can actually do a really quick estimation for paint on the Pocket Estimator app. Calculates the amount of paint you need and the cost based on the measurements you provide and and can select the type of surfaces etc...
i dont mean to be so offtopic but does anybody know of a way to log back into an Instagram account..?
I stupidly forgot the login password. I love any tips you can offer me.
@Issac Briar Instablaster ;)
Awesome, I'm starting out and this is a great tutorial.
Eric, there is more direct costs involved in a paint job than just paints and labor. Regarding materials there is; roller covers, tape, spackle, sand paper, putty, caulk, plastic for furniture, dust masks, mineral spirits and more. Then you have your business expenses such as; payroll tax, workers comp, general liability ins, advertising cost, vehicle costs and more. So to price a paint job at $20 per/hr + paint costs, then adding only 50% will eventually put you out of business.
We're not adding 50%, we're actually doubling it. And I agree with you - most painting businesses don't price themselves high enough to grow with all of those added expenses.
But we run a fully built out (and staffed out) multi million dollar painting company with healthy profit margins at these numbers.
That is definately what I will try...sounds very simple...very informative...thank you!!!
To simply say you don't have to worry about estimating is incredibly dumb. Our whole trade revolves around giving a good estimate and knowing all the factors that effect it.
Great videos, man. They are very insightful! I'm putting together a bid for some kitchen cabinets that are lacquered oak and the customer is wanting them painted. I'm thinking a shellac-based bonding primer and a good alkyd enamel finish. Do you have any tips for estimating kitchen cabinets?
Try the Pocket Estimator app to calculate the cost of refurbishing or extending your home.
*Interesting Construction Estimating Video, ASPE*
How about ripping out carpet (never laid it), tack strips and mayby laying floorboards?
Sometimes we've ripped out and rarely weve laid strips of floorboard.
Brilliant approach,I totally got that!
Awesome! Check out all the other videos for how to actually grow and scale the business. Lots of opportunities here!
can you give some formulae for calculating? Labour coat, paint required for an area,hours of work?
Keep an eye on the channel… new estimating videos coming soon.
You can also get estimating guides on our website for free
Hi! Great video! I like it! I watched the interior too already. The 10 hour wall painting for the 2000 square foot house or apartment is really fest to me. My opinion is for the high quality painting that is impossible in Manhattan. Many costumers are not understanding how the painters are getting their prices. We have tools using, insurance, car using.... many cost on one job. I got this many time in Brooklyn, I'm not paying your tools and otter cost. So why your price is so expensive? (I'm not work much in Brooklyn) And we also charge more for the darker color cut because that is much harder to make perfect. (We are not using blue tape for cutting) Or if the apartment is empty or full with furniture. Or sometimes the crack and any wall fixing is making difficult the estimate because you can't see what happen when you are start to scrape down the wall. It happened with me, I had to skim coat the all wall and I saw only one crack at estimate. But New York is a little different because of many old plaster wall. You should make a good video for costumers to understand better the painters because you did this video well too. Do you have prices for skim coating with mash and wallpapering? Thanks!
Normen Radvany your english is worse than your business practices.
Another poor lill f* need all cooked in the mouth...
@@TanTan-ni4mg I understood him perfectly fine! How dare you insult someone who puts soooo much effort into their post to help a cause (this video is for painters) Every single detailed point he made was so valid... I can not believe you would insult someone for that. Who ever you are, give it a little thought today and perhaps make an apology at least. The world doesn't have be so negative and thoughtless.
Good figure, These supplies cost is too low though, Where do you guys find gallons of paint for $20.00 and I hope you have your overhead on 0.4 markup number. Great Lessons... Thx.
just found this video, wow 21 per gallon, today its 60 per gallon.
Yea right - crazy how much that's gone up. Not all paint is $60 per gallon now - you should be able to work those prices down. But still more than when this video was done.
This is great I am taking notes on your videos I have just started painting so I don't really know much, so people might think I'm nuts jumping straight to try and land a estimating position but I'm pretty good with math so I think I will be okay with being a estimator. Do you have any advice for me with not knowing much about painting
Thank you, was helpful.
Great...tanks for that information
This is good video!
Hey Erick when you do an exterior painting do you include the paint with the price you give the customer? Or how does that work?
Yea. We give a final price inclusive of everything.
We do $3.00 a Sq ft for new builds and $2.85 a Sq ft for repaints.
IS that house square foot or actually sq footage of painted area?
Is that wall sf or floor sf for the space?
This video is a few years old. Can you make an updated version of this? Would be greatly appreciated. I'm starting my painting business
There are some newer ones on the channel. Go take a look! And a lot more info here... www.paintingbusinesspro.com/estimating-guide
very helpful thanks
I liked the video but I was trying to catch up with him,I love what I do,but I need Education to this
Hope my stuff helps!
Does in teh mark up also go the price of amortisation of the car, airless, brushes...
how do you get customers to pay double what a job costs just because it is a contractors rate and you will sub it out? How do you convince a person to spend that money if they get a bid from someone that isn't subbing it it will be half the price?
+Brett Kivi (demonix) I'm with ya. As a small business the prices here are bliss. To be competitive I'd be closer to half, or 50% of this guy's quotes. I done a quote as I would normally, and with the vague figures he provided it worked out at half the rate, still well profitable as a small company. On ya if you can get jobs at this rate.
How to estimate a gated community wall? Huge wall that surrounds a gated community? Please tell me I don't have to measure it ...
good day...I want to paint my own house internal,external and I want to buy proper amount of paint...so what is the proper way to compute the volume of the paint I use? How many gal. per square meter? tnx a lot!
I ain't gonna lie...I can drop a line on trim like a saint. But bidding can sometimes can put me into a quandary. Is there a platform that can accurately help with the bidding process?
Estimate Rocket is good. I also have some estimating forms you can download for free on my website: www.paintingbusinesspro.com
Thanks!
So how would i fugure out i live in arkansas how can we figure out how to charge in extirior and i tirior
Download my estimating formulas here (they work in Arkansas): www.paintingbusinesspro.com/estimating-guide
Thanks 🇬🇧
Hey man I'm just starting my business and just received my license by California board. Thanks for the videos man and any other advice would be much appreciated.
Hi,
Congratulations!
Starting your business.
I am in California too. I waiting for the CFlB application
The sentence should have read: Waiting for the CLSB application. I do not have any painting experience .I plan to submit my application anyway. How was the exam?
At 3:36, you indicate you let the customer pick which paint they want, and then you double the cost of the paint to price your job. What if the customer has picked *and purchased* their own paint? Would you then triple or quadruple the remaining components in order to make back the lost profit on selling the customer paint?
We just wouldn't include materials in the cost before marking it up in that situation.
How would you charge the wall repairs,cocking,silicon ete. Like for a huge wall repair patch how much would you charge for it?
Philip Liappas
From experience. Document every type of work you do , so in the future you will have an idea, or cheat sheet to bid with.
Also it’s “caulking”, not “cocking” .
Break down most actions into an half hour or 1 hour increments. 30 minutes to caulk base, door jamb , 30 minutes to hot mud or spackle patches. 1 hour to cut and roll room ect.... add set up time, clean up and touch up, picking up materials. Add your time for everything. As Nick Dunse says, know your numbers. Learn from your mistakes, and continue to improve.
Good luck
Hey Eric your estimated interior prices per room is that including the paint and Sundries
Yea
thank you for your existence man! your videos are super helpful. im in the process of starting my own painting company w 9 years of painting experience… i closed about 7 projects, in less then a month… its my first month out there by myself by the way. your videos are very educational thank you
How'd it go? How's it going so far
Hey Eric I tried to check out the program your offering from your website but it gives an error 404.
Hi, my name is pamela. I have done side jobs by the hour but want to start estimating them. I liked the way you described how to estimate an interior job, but was wondering how you decide how much to charge? For example, when you said the room is 8x8x12, then gave a 350 dollar price for the walls, how did you come up with that number? I am legitimately asking so i can get an idea on how to bid this way, im not being a smart ass. Did you price by the sqare foot? How do you know how much more to raise the price on a slightly larger area?
One more question please. When you do go to estimate a job, do you take notes and price it at home, or the office, or would the customer typically expect the numbers right after you have finished the walk through? Thanks!
***** , absolutely answered my questions, and like the idea to go in the truck and calculate! I just feel like i am on the spot doing it infront of the customers. Thank you for taking the time to respond. Pam.
Thank you! But if I’m running my own business I’m going to make more than $20/h
So you do not estimate. Your tape and paper plastic brushes things like that into your price if you mask for Spraying that cost does add up
bro I would like to learn some money tips. JUST watched the video and it hit home
Well you said that the bid is nothing to worry about. But i really am wanting to get my company started but am lost at tryin to bid
the cost of a apartment room here in indiana is like 125
How much would it cost to fix rust and paint a gmc yukon gt 1996 or chevy tahoe 96?
lol
About $200 if you diy with Plasti dip, the stuff is awesome. Check it out, Plasti dip on vehicles. Funny you mentioned it, I just seen my buddies badass Benz and he used that stuff, it cost him $125 I think he said. Looks pro, I've been looking at TH-cam vids for about two hrs now... Lol
Hope this helps.
Hey Eric, is the $400 (20 hrs x $20/hr) is that for only just one worker? So would I have to multiply that by 3 if I have 3 workers for that job?
It's for "man hours". So you don't need to think about how many workers, think about total hours worked. 3 guys working for 10 hours is 30 hours. So you would use 30 hours.
Why did you divide the cost by .4 at 6:35 ?
It’s the same as multiplying by 2.4.
Basically we are doubling our costs plus some to get us to a healthy price.
Check out the more recent videos I did on estimating on our channel too. Those might help!
hi eric great videos, question, you said 20 an hour for employee, what about if I have for example 3 do i have to calculate $60 or still $20
$60
No split the $20 between them
As a painter myself ( just my own for2 years), I m learning from your payments strategy. But in case when the walls are not smooth or dirty from Creions or smoking or tenant tried to patch and send it himself and didn’t work how are the estimates?
You would need to adjust your estimates from there. I have much more detailed training on how to run the full business in our training course: www.paintingbusinesspro.com/course
What about the number of people doing the job? Wouldn't you multiply that number by 400? 400 is how much each worker would be making no?
oh okay I understand. Thank you!
Hey Eric, so how whould you quote a room with finished cupboards. It's less wall then a standard room. Just estimate?
Basically figure the amount of hours it'll take. Multiply by $20 to get labor cost. Add up total materials it'll take. Add materials cost plus labor cost. Divide your total cost by .42. This is how we come up with our pricing in general.
Alright, but why do you divide by 42? What is that number and how did you come up with that number?
POINT 42. Not 42. It's a mark up. It means our costs are 42%. This gives us an additional 8% of miscellaneous costs so that our total cost to a subcontractor is 50%. This leaves us 50% on our end to run the business and earn profit.
You could do a smaller markup like dividing by .5 or .6 if you want your costs to be closer to 50% or 60%.
Alright thanks Eric. Your videos are so helpful! After watching videos I have started my own company. Just on watching your videos.
Awesome... way to go!
Hey I am giving my first estimate on a home. I will be painting the interior and exterior of the home. It is a 4000 square feet home- 2 stories with a basement. The exterior has average trim and I will be painting Brick. I am estimating @ $9500 for the whole house and giving him a 15% discount- a normal 10% discount with an extra 5% because he will be my first client and he is my friend. SOO rounding up $8500. He wants it done in a week and I already averaged out labor and materials. Is this a fair price??
Honestly that could be low. It's hard to say because I don't have the specifics. A 4,000 square foot interior could be $8500 on its own, depending on how detailed it is, color changes, and if you're doing the whole thing (walls, trim, ceilings, doors, closets, etc..).
I would recommend downloading our estimating formulas on the website and double checking them against the price you came up with.
paintingbusinesspro.com/estimating-guide
In a week ? What’s your crew size. ?Have you broken the job down to every task and action, with who will be performing what and how long it will take ?
That’s a huge job to get done in a week
2019?
do i need a license if was to do the marketing for a small contractor/s?
Why divide by .4?
4 years and still waiting for an answer. 🙄
your. estimating a new. job.... but what about. if its. re-painting??.. for. example doors. you charge $50 but what if the door. is. damage.. or has. dog scraches or paint it piling off?
+Eric Barstow yeah i should do that. thank you very much. i bearly. got my licence. thats why i wanted to know. thank you
why did you divided 652 by 0.4...??
+Eric Barstow Thank You Eric... So everytime divide by 0.4 then... I will buy the course from you that's what I need.. Your videos in TH-cam are helping me A LOT !!... THANKS Eric.
+Eric Barstow what porcentage you pay to sales men??
Is this a 2,000 sqft house painted for $1,400.00???
What if I drink all the paint will my company still be profitable?
That depends how much paint you drink... You would have to drink a lot of paint to wipe out all of your margins!
I would also recommend a good health insurance plan.
hey Eric how is work the program you are selling
29 gallon 😮
Pretty old video
how soon can I paint a deck after pressure washing?
3-4 days
Depends on what kind of paint you are using
Needs to be dry for 72 hours.
I would check
Hi... I am a sign board painter... But I have no job.... Plz give me one chance
If I want my whole house painted do I have to clean out my entire house of furniture and Tv's ?
No. Get an estimate from a few painting companies and they'll walk you through what to do.
Why divide by .4?
That adds overhead, profit, etc. That's the mark up.