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Old 08-08-2019, 02:23 PM
 
Location: The Moon
1,717 posts, read 1,807,412 times
Reputation: 1919

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Quote:
Originally Posted by bugelrex View Post
I've always wondered how some contractors can run a successful business by totally ignoring customers. It must feel good to have so much money thrown to you that you are too busy to pick it up...


Is the best strategy for contractor calllbacks to wait for winter or a recession?
They're usually ignoring because they are scheduled at 100%. Sometimes they'll throw out an "I don't want to do this" price and people will actually pay. Most of my buddies in the trades are working this hard right now because of what happened during the last recession, not waiting for it. Gotta save for the low times. My plumber's advertised business phone goes straight to a full voicemail box that says he's no longer accepting new clients. His customers get his cell phone number.

A big thing for plumbers was the Merrimack issues. They were getting paid hand over fist to come in and do work for Columbia. Lots of folks saw the dollar signs and left their normal gig to go work in Lawrence, they even got put up on a cruise ship if they were from out of town.
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Old 08-08-2019, 02:34 PM
 
Location: Providence, RI
12,860 posts, read 22,021,203 times
Reputation: 14134
Quote:
Originally Posted by wolfgang239 View Post
They're usually ignoring because they are scheduled at 100%. Sometimes they'll throw out an "I don't want to do this" price and people will actually pay.
This. And honestly, many are scheduled beyond 100%. My buddy (carpenter) is doing a big project down on the Cape that's keeping him there 6 days per week. Last Sunday, he drove from the Cape to Boston to work for 8 hours on another project. He's worked absurd hours over most of the last few years. His philosophy is exactly what you said - he wants to be OK when the next recession hits or the building cycle cools. He's also repeatedly mentioned asking absurd prices for simple work. He got $25k for a simple pergola over a small patio. A lady asked if he'd do it, he was busy and said "yeah, but it'll be $25k" and she accepted. So he built it over the course of the weekend. He said normally it's a $5k job. It's not bad business, it's just that there's way too much of it.
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Old 08-08-2019, 02:42 PM
 
Location: Cleveland and Columbus OH
11,052 posts, read 12,449,561 times
Reputation: 10385
Quote:
Originally Posted by lrfox View Post
This. And honestly, many are scheduled beyond 100%. My buddy (carpenter) is doing a big project down on the Cape that's keeping him there 6 days per week. Last Sunday, he drove from the Cape to Boston to work for 8 hours on another project. He's worked absurd hours over most of the last few years. His philosophy is exactly what you said - he wants to be OK when the next recession hits or the building cycle cools. He's also repeatedly mentioned asking absurd prices for simple work. He got $25k for a simple pergola over a small patio. A lady asked if he'd do it, he was busy and said "yeah, but it'll be $25k" and she accepted. So he built it over the course of the weekend. He said normally it's a $5k job. It's not bad business, it's just that there's way too much of it.
Maybe I should consider a career change, that's crazy
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Old 08-08-2019, 03:42 PM
 
2,710 posts, read 1,732,864 times
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Wow, how much are carpenters pulling in these days? I always thought they made like 60k but if they get 25k for a weekend job...
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Old 08-08-2019, 05:40 PM
 
880 posts, read 819,334 times
Reputation: 907
Quote:
Originally Posted by bjimmy24 View Post
Maybe I should consider a career change, that's crazy
The lady was probably getting fed up with zero callback and no follow ups from anyone she called. I could imagine the last recession was pretty rough for trades people...
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Old 08-08-2019, 07:44 PM
 
6,573 posts, read 6,738,168 times
Reputation: 8793
Some tradespeople are gouging in this environment, no doubt. I had a guy over to give me a quote on a simple repointing job on my brick stairs. He wanted 4k. Come on...got it done for under 300 dollars.

I feel for people getting screwed by these contractors/tradespeople...it's buyer beware & all that, but flush times like these bring out the avaricious.
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Old 08-08-2019, 07:55 PM
 
3,176 posts, read 3,696,617 times
Reputation: 2676
Quote:
Originally Posted by bugelrex View Post
I've always wondered how some contractors can run a successful business by totally ignoring customers. It must feel good to have so much money thrown to you that you are too busy to pick it up...
A lot of them just suck at the business side of things. Others, as you say, simply don't care because they're so busy they don't need to deal with the small stuff.


Quote:
Is the best strategy for contractor calllbacks to wait for winter or a recession?
It depends on what you need done. A plumber is always going to cost a fortune. Construction stuff is usually cheaper during a recession. Some work like masonry just can't be done in the winter so waiting is a waste of time.
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Old 08-08-2019, 08:19 PM
 
3,808 posts, read 3,138,691 times
Reputation: 3333
Quote:
Originally Posted by lrfox View Post
This. And honestly, many are scheduled beyond 100%. My buddy (carpenter) is doing a big project down on the Cape that's keeping him there 6 days per week. Last Sunday, he drove from the Cape to Boston to work for 8 hours on another project. He's worked absurd hours over most of the last few years. His philosophy is exactly what you said - he wants to be OK when the next recession hits or the building cycle cools. He's also repeatedly mentioned asking absurd prices for simple work. He got $25k for a simple pergola over a small patio. A lady asked if he'd do it, he was busy and said "yeah, but it'll be $25k" and she accepted. So he built it over the course of the weekend. He said normally it's a $5k job. It's not bad business, it's just that there's way too much of it.
...and is why I'll be Typar'ing my exposed sheathing this fall. $36K to replace the siding/trim and one window on a relatively simple raised cape? Yeah, I can stare at Typar until the next recession.

In the interim, I'll continue replacing the doors and windows myself. In this market, homeowners either need DiY skills or deep pockets ... or both.
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Old 08-08-2019, 08:24 PM
 
3,808 posts, read 3,138,691 times
Reputation: 3333
Quote:
Originally Posted by matrix5k View Post
Wow, how much are carpenters pulling in these days? I always thought they made like 60k but if they get 25k for a weekend job...
Maybe the lower-mid tier. The good ones are easily pulling 6 digits in this economy. My friend, who does upper-middle class residential remodel work in southern NH and lakes region pulls ~$60/hr, and is booked solid.
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Old 08-09-2019, 05:25 AM
 
3,213 posts, read 2,120,946 times
Reputation: 3449
Quote:
Originally Posted by Brave Stranger View Post
Some tradespeople are gouging in this environment, no doubt. I had a guy over to give me a quote on a simple repointing job on my brick stairs. He wanted 4k. Come on...got it done for under 300 dollars.

I feel for people getting screwed by these contractors/tradespeople...it's buyer beware & all that, but flush times like these bring out the avaricious.
Took me 3 months to find someone to do a pavers patio. after one agreed and bailed. The ball is indeed in their court these days.
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