Good video. I guess I got a bulk pricing estimate. There are no costs included for any individual items. There are actually 3 estimates: basic, enhanced and premier. Each has some additional or better components than the previous. One of the issues I have is that I know that the incremental material cost going from basic to enhanced is about $400, but the enhanced price is an additional $1679. Why the difference? The incremental material cost going from enhanced to premier is about $800 (with more for 33 feet of metal valley flashing), but the additional bulk costs is $1852. If the different versions required more work, then I can understand the difference, but not that much. For instance, the enhanced version includes I&W in valleys and penetrations, and a higher quality starter shingle. How long can it take to apply I&W to 33 feet of valley? Not $1200 worth of extra time, I think. And there shouldn't be any extra work just to install a better-quality starter shingle. Sometimes I think I should just do the job myself. A previous contractor quoted an extra $1300 to go to a higher-quality field shingle, but I know that the incremental cost is about $820, and that is allowing for a generous amount of waste. So where is the extra $500 going? I do believe that contractors should be making their profit. I just don't understand why the price of materials seems to have a 50% or more markup from what I could buy them for myself from the roofing supply company. Why shouldn't I just be able to buy the materials myself direct from the supply company, have them delivered to the site and then have a contractor install it? They can still make their profit on the job as is only fair, but I wouldn't be paying an outsized amount for a better-quality pipe flashing.
Interesting! I'm curious how your story turned out. A lot of this sounds more like sloppy business practices rather than a lack of technical skill. I don't know anything specific to roofing, but I have heard of businesses sometimes covering labor with fees quoted from the "materials" side of the equation, so maybe they're doing the opposite? Also, it sounds like there's a profit margin built into the materials cost, with that 50% markup. I've heard 50% is common markup for flooring. One thing to keep in mind that net profit is not the same as gross profit. They might make a 50% gross profit on materials from your job, but then spend a lot of that money on operational costs. Some to provide a free estimate to their next customer, some of it to float materials for another job, or to pay someone to answer the phone. Some percentage (hopefully small) has to hang around for the next time the roofer tells a customer, "My mistake. I'll make it right." The amount the owner can take home at the end of the month might be much lower than it looks like at first. At the end of the day, though, they can price how they want, as long as someone's willing to buy. They may have tailored their "premium" package to a specific market, and any additional costs involved might have nothing to do with the roof itself. Maybe the $500 difference is a matter of having a newer, less beat-up work truck show up for the job site? ;-)
Then if you buy the material that contractor has to follow all the L and I laws he would have to tie himself off even though he does not pay into that industry himself but for his employees he does it does not give him the control. He needs To Do the job properly. It means you own the material until the job is done he needs to own it. The contractor for insurance purposes and much more.
@thomasjohnson3793 I'm confused. Why would safety regulations change based on the quality of the material involved? Or, are you saying that the work itself is different in some way?
I had a roofer tell me that he had to be present when my insurance adjustor came to our home. He was very firm on this and repeated it several times. Please send the PDF to me, thank you.
Hello I got my roof replaced and I paid the contractor he’s full amount but then the contractor has refused to pay he’s supplier and they now have put a lien on the house. I have evidence that the contractor was paid the full amount and I don’t understand why he refused to pay he’s supplier? Have you seen this happen before? Thanks
Next time, request that your contractor provide a lien waiver from each subcontractor and each supplier as part of your contract to prevent this in the future.
A lien is just a way to make sure they get paid at the end, especially if you're not paying up front. If you need a roof in a hurry, your options might be limited. But as soon as you have a new roof is a great time to shop for better home insurance or start saving up for the next one. A $20k roof that lasts for 30 years costs less than $60/month to replace.
You don't understand what profit is. You're trying to say that every roofer gets twenty to fifty 10-foot sticks of 2" x 4" bent metal with a kick-out formed into it, for every house, for free? That's the only way there's 100% profit in drip edge. You are wrong.
you are awesome.
Just trying to help.
Good information, thanks!
Good video. I guess I got a bulk pricing estimate. There are no costs included for any individual items. There are actually 3 estimates: basic, enhanced and premier. Each has some additional or better components than the previous. One of the issues I have is that I know that the incremental material cost going from basic to enhanced is about $400, but the enhanced price is an additional $1679. Why the difference? The incremental material cost going from enhanced to premier is about $800 (with more for 33 feet of metal valley flashing), but the additional bulk costs is $1852. If the different versions required more work, then I can understand the difference, but not that much. For instance, the enhanced version includes I&W in valleys and penetrations, and a higher quality starter shingle. How long can it take to apply I&W to 33 feet of valley? Not $1200 worth of extra time, I think. And there shouldn't be any extra work just to install a better-quality starter shingle. Sometimes I think I should just do the job myself. A previous contractor quoted an extra $1300 to go to a higher-quality field shingle, but I know that the incremental cost is about $820, and that is allowing for a generous amount of waste. So where is the extra $500 going? I do believe that contractors should be making their profit. I just don't understand why the price of materials seems to have a 50% or more markup from what I could buy them for myself from the roofing supply company. Why shouldn't I just be able to buy the materials myself direct from the supply company, have them delivered to the site and then have a contractor install it? They can still make their profit on the job as is only fair, but I wouldn't be paying an outsized amount for a better-quality pipe flashing.
Interesting! I'm curious how your story turned out. A lot of this sounds more like sloppy business practices rather than a lack of technical skill. I don't know anything specific to roofing, but I have heard of businesses sometimes covering labor with fees quoted from the "materials" side of the equation, so maybe they're doing the opposite? Also, it sounds like there's a profit margin built into the materials cost, with that 50% markup. I've heard 50% is common markup for flooring.
One thing to keep in mind that net profit is not the same as gross profit. They might make a 50% gross profit on materials from your job, but then spend a lot of that money on operational costs. Some to provide a free estimate to their next customer, some of it to float materials for another job, or to pay someone to answer the phone. Some percentage (hopefully small) has to hang around for the next time the roofer tells a customer, "My mistake. I'll make it right." The amount the owner can take home at the end of the month might be much lower than it looks like at first.
At the end of the day, though, they can price how they want, as long as someone's willing to buy. They may have tailored their "premium" package to a specific market, and any additional costs involved might have nothing to do with the roof itself. Maybe the $500 difference is a matter of having a newer, less beat-up work truck show up for the job site? ;-)
Then if you buy the material that contractor has to follow all the L and I laws he would have to tie himself off even though he does not pay into that industry himself but for his employees he does it does not give him the control. He needs To Do the job properly.
It means you own the material until the job is done he needs to own it. The contractor for insurance purposes and much more.
@thomasjohnson3793 I'm confused. Why would safety regulations change based on the quality of the material involved? Or, are you saying that the work itself is different in some way?
What about a Tile roof? I Live in Arizona? I'm paying for the Under Layment not hr Tiles...
I had a roofer tell me that he had to be present when my insurance adjustor came to our home. He was very firm on this and repeated it several times. Please send the PDF to me, thank you.
Send an Email to info@homesteadroofingcolorado.com and we'll get that to you.
is GAF HDZ good
Not a fan
@@homesteadroofing what's your rationale shipmate
Hello I got my roof replaced and I paid the contractor he’s full amount but then the contractor has refused to pay he’s supplier and they now have put a lien on the house. I have evidence that the contractor was paid the full amount and I don’t understand why he refused to pay he’s supplier? Have you seen this happen before? Thanks
I have heard of that happening, and apparently the lien is legal. You need to go after the contractor.
Next time, request that your contractor provide a lien waiver from each subcontractor and each supplier as part of your contract to prevent this in the future.
@@JustCallMeJaph It sounds like the contractor stole the money. How does trusting a document provided by the contractor help in this case?
I just got several estimates for a new garage roof. None of the estimates had any measurements-even the most detailed line item estimate.
Wow
Why isn't your crew using ladder stand-offs and why are they using a folding ladder?
Because that's the equipment they have
@@homesteadroofing So you answer questions by repeating the question, got it.
Is your company liscensed for Raton, NM?
We are not.
How do i keep a lein put on my home i dont want to go through this no leins on my home. Pay nobody untill the roof is done
A lien is just a way to make sure they get paid at the end, especially if you're not paying up front. If you need a roof in a hurry, your options might be limited. But as soon as you have a new roof is a great time to shop for better home insurance or start saving up for the next one. A $20k roof that lasts for 30 years costs less than $60/month to replace.
What if you have ACV WHAT THEN
Your share of the cost will be much higher
Drip edge is pure 100% profit.
You don't understand what profit is.
You're trying to say that every roofer gets twenty to fifty 10-foot sticks of 2" x 4" bent metal with a kick-out formed into it, for every house, for free? That's the only way there's 100% profit in drip edge.
You are wrong.