- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Contractor won't give me an estimate
Posted on 9/1/16 at 12:52 pm to Topwater Trout
Posted on 9/1/16 at 12:52 pm to Topwater Trout
quote:
if he can't do his own estimate why allow him to do the work
Keep reading, I explained it...
0
Posted on 9/1/16 at 12:53 pm to tgrbaitn08
quote:
Biggest bunch of crooks in the State
The board is a bunch of other contractors with a vested interest. They are slowly doing their best to make it where homeowner's can't even work on their own properties.
They are also killing commerce and competition by constantly adding new sublicense fields that create a barrier for entry for little guys and put others out of business.
shady
Posted on 9/1/16 at 12:56 pm to wickowick
quote:
The way insurance is setup with depreciation withheld, there is no money to be made by the insured on repairs unless they are doing the work themselves.
Let us assume, the adjuster writes an estimate for $100k and $50k is paid on the first check. The contractor does the work for $100k then the insured is out of pocket the deductible. If the contractor does the repairs for $70k, the insurance is not going to pay out $50k when the work is compled they are going to pay out $20K.
Unless the government feels like throwing money around to make people happy, this is how it works. You do not get to keep the money if they do it for cheaper.
When I had some storm damage way back, I showed the contractors exactly what insurance said. I went with the contractor who gave me the most out of that number. Fixed items that were not damaged from the storm, but I wanted done.
Posted on 9/1/16 at 12:57 pm to baldona
quote:
Ok, so let's say someone wants to put in nicer cabinets so they are going to paint themselves. Is that type of thing allowed?
Sure, your house you can do what you want. The insurance owes for like kind and quality. Insurance views it that you are responsible for the up charge. Sometimes the cost to change stuff isn't a lot, sometimes Xactimate pays more on some items that other items. The contractor really wants to see the bottom line to know if there is enough money to put the house back, while accounting for the scope of damages that the adjuster wrote. Many times it is not worth their time arguing over a few dollars.
Posted on 9/1/16 at 12:59 pm to wickowick
quote:
sometimes Xactimate pays more on some items that other items.
When are they going to get privacy fence pricing in line with the market rate? I use XactPRM and always have to adjust fencing when submitting bids to my clients.
Posted on 9/1/16 at 12:59 pm to wickowick
quote:Why, yes I do. When someone gives me an estimate that I can tell he didn't put time into vs. one where that quote is highly detailed and explains what is being quoted, I will give that quote weight over another quote that isn't.
Would you rather a contractor be out working smart and being at homes making sure repairs are happening or sitting behind a computer duplicating the work of the adjuster? You have no idea how time estimate writing is...
It shows me that the contractor can see the work in his mind, has attention to detail and has thought through the variables and unknowns. I like that.
Posted on 9/1/16 at 1:00 pm to slackster
quote:
This doesn't make any sense. FEMA's help is highly criticized as being the bare minimum, so why would a contractor be worried about possibly leaving money in the table??
Well, he may be willing to cut the guy a deal...but not cut the government a deal.
Posted on 9/1/16 at 1:01 pm to wickowick
I would want the estimate done regardless of what FEMA says. They likely aren't going to pay for all of it, I will have to come out of pocket. Why would I have to wait for anything from FEMA for my contractor to give me an estimate?
Two completely different things, IMO, not dependent on one another.
Two completely different things, IMO, not dependent on one another.
Posted on 9/1/16 at 1:02 pm to stout
quote:
When are they going to get privacy fence pricing in line with the market rate? I use XactPRM and always have to adjust fencing when submitting bids to my clients.
No idea, is the labor or material prices off? There might be a place to contact them
Posted on 9/1/16 at 1:03 pm to LSUSkip
quote:
Why would I have to wait for anything from FEMA for my contractor to give me an estimate?
Because the contractor said you had to...if you dont like it find another contractor
This post was edited on 9/1/16 at 1:04 pm
Posted on 9/1/16 at 1:04 pm to wickowick
Both. It totals to about a $5 per LF difference. They aren't the only ones. There is another software we use called RepairBASE and it's off too.
Posted on 9/1/16 at 1:09 pm to LSUSkip
quote:
not dependent on one another.
This is how it should work in an everyday world. If you were paying for some home repairs/upgrades a contractor wouldn't ask to see your bank statement or loan approval papers before giving you an estimate.
Posted on 9/1/16 at 1:14 pm to stout
quote:
Both. It totals to about a $5 per LF difference. They aren't the only ones. There is another software we use called RepairBASE and it's off too.
I have no idea how to get it corrected. I know they do monthly surveys to try and get correct pricing
This post was edited on 9/1/16 at 1:15 pm
Posted on 9/1/16 at 1:18 pm to stout
quote:
frick that guy for wanting to run a business to actually turn a profit!!!!
If you cannot run your business without committing fraud, you should find another line of work.
The bid is what it is, and hopefully you've worked your profit into the numbers. If you want to defraud American taxpayers though, go right ahead.
Posted on 9/1/16 at 1:20 pm to sleepytime
quote:
Until he sees what FEMA is willing to pay because he doesn't want to leave any money on the table. How shady is this?
Tell him to get the frick out of your house in no uncertain terms. It may also be worth reporting him to FEMA and local authorities.
Posted on 9/1/16 at 1:21 pm to crimsonsaint
quote:
We always tell clients not to turn in our estimates until they've received an estimate from their adjuster. That way we can argue with the insurer about #s that are too low and we can bump up our #s that we were lower on. It gets the client more money out of the insurer.
That's typically referred to as insurance fraud.
Posted on 9/1/16 at 1:23 pm to moneyg
quote:
Well, he may be willing to cut the guy a deal...but not cut the government a deal.
I don't understand the interest in FEMA though. Every post on this board talks about how FEMA pays out the bare minimum for replacement costs and what not, and labor is crazy high right now, so is there really any chance this guy is going to submit a bid that comes in UNDER the FEMA assistance?
Posted on 9/1/16 at 1:28 pm to slackster
quote:
fraud
How is it fraud?
Posted on 9/1/16 at 1:31 pm to stout
quote:
How is it fraud?
It isn't...
Page 4 of 11
Popular
Back to top
Follow TigerDroppings for LSU Football News