How to Bid on a Job for Painting Houses
Bidding on a job painting houses is a fairly straightforward process. But that doesn't mean it's easy; your goal is to provide a winning, accurate bid, but you also want to make money on the job. To do this well you have to take several factors into account. You should consider the materials and amount of labor required for the job, how long the job will take, the square footage of the house and the neighborhood in which the house is located.
Instructions
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How to Bid on a Job for Painting Houses
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Measure the square footage of the house. This will help you determine the materials the job will require. Keep in mind that you may need twice the amount of paint if you intend to apply more than one coat. Discuss your measurements with the homeowners and double-check their needs to ensure both parties are on the same page.
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2
Determine the amount of paint the job will require. Then shop around for the best price per gallon. Remember that you should always use quality paint on any job you preform, as shoddy paint quality will reflect on your workmanship. Add the cost of other materials you will have to purchase for the job, including: sand paper, tape and brushes. Total up the cost of the paint and other materials.
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3
Measure all molding, trim and door jams that will require an additional paint color. Add the cost for two coats of this paint to your materials cost.
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Factor in the cost for using materials you already own, such as drop cloths, paint trays, rollers and brushes. You will have to estimate this cost in light of wear and tear as well.
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Calculate the amount of labor the job will require and whether you'll need to hire someone to help you. Multiply your hourly rate and the rate of your labor support against the number of hours you estimate the job will take. Factor in the amount of time it takes to set up and break down your equipment when you add up the amount of hours the job will take.
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Consider your liability when assessing other miscellaneous costs. If your insurance policy already covers all your bids you need not worry too much about liability, but you'll also want to account for taxes, gas and shopping time. Add these costs into your bid.
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Provide the painting bid by adding 10 percent to 15 percent to the total of all the costs. This should account for your profit margin as well as the current market rate.
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Tips & Warnings
Be careful not to underestimate your labor time or your material costs. Buy quality paint. Make sure you have the equipment necessary to complete the job before you place your bid Confirm the paint colors with the homeowners before you begin painting.