Conversations That Convert
Paid Estimates for Contractors with Marti Amos Marti reveals paid estimates for contractors strategy: charge $500-$5K upfront instead of free quoting. PAID ESTIMATES RESULTS: Leon (Melbourne): 7 out of 7 deals signed Started $1,500 → raised $3K Hayden (Wellington): 7 months no work 60 days → $4.1M landed Paid for every estimate WHAT TO CHARGE: $500-$5K action plans $8-25K feasibility studies GOLDEN RATIO: 20% gross margin (minimum) 8-12% overhead + salary (ideal 10%) 10% net profit (owner) Example: $5M × 20% = $1M - $500K overhead = $500K profit Impact: 17% → 21% = $200K extra REVERSE ENGINEER: Want $500K net profit? →Calculate jobs needed →Figure margin required →Determine leads needed →Set marketing budget MARKETING WHILE BOOKED: Mistake: Stop when full Better:→Keep marketing→5 leads come in→Choose ideal client→Price at 21%→Win it→Raise floor to 21-22% "He who has options has power" BUYER PSYCHOLOGY: You: 8 months out Competitor: starts next week They want YOU FIVE CONCERNS: - Budget - Timeliness - Communication - Trust - Quality Show to prospects: - Case studies - Team members - Video testimonials - Systems proof BIGGEST CHALLENGES: #1 Numbers (understand them) #2 Pricing (reverse engineer with paid estimates) #3 Marketing (not just word of mouth) COACHING PILLARS: 1. Plug-and-play content 2. 41 coaches (monthly one-on-one) 3. Specialist coaches (members who graduated) TRACK RECORD: 3,200 builders 22 years 700 active members theprofessionalbuilder.com [https://theprofessionalbuilder.com/] #paidestimatesforcontractors #professionalbuilder #buildercoaching
190 episodes
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