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re: On average, what is a residential General Contactors fee/percent?
Posted on 1/6/17 at 4:30 pm to Mr.Perfect
Posted on 1/6/17 at 4:30 pm to Mr.Perfect
The more I think about it OP, are you sure you only paid 8%? That is an incredibly small margin. Was it a spec house? I can't see a builder touching a custom house for 20k, one $15,000 issue on a $300k house and he's cutting it close on profit
2
Posted on 1/6/17 at 4:41 pm to baldona
quote:
one $15,000 issue on a $300k house and he's cutting it close on profit
He'd have no profit.
Posted on 1/6/17 at 4:42 pm to baldona
I'm trying to find my contract to see. If I recall the itemized bid had the subs, insurance, overhead, etc. included line by line and then the builders fee at the very bottom, which I know came out to 8%.
I'm also trying to get a copy of my brothers to see the difference. I have a feeling none of the insurance or overhead, etc. is itemized but instead all included in the 17%.
I'm also trying to get a copy of my brothers to see the difference. I have a feeling none of the insurance or overhead, etc. is itemized but instead all included in the 17%.
This post was edited on 1/6/17 at 4:44 pm
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