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Bid Process and Success Rate

4:20
5:10
207.8K views

At 4:20 in

How Much Does It Cost To Paint A House?

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What happens here

When a customer requests a bid, Chris asks for the square footage and age of the house. He then briefly assesses the home's condition (likely based on photos or a quick visit) to factor in any necessary prep work. He then provides a formal bid packet, which he states is crucial for securing jobs, achieving a 75% success rate for his bids. He reiterates that for interior and exterior repaints, his pricing remains a straightforward square footage calculation.

Goal: Understand the bid acquisition process and its effectiveness

What they say

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little bit of an idea how much scrap work you got on the home and then I'll take a look at the home and just briefly and then I'm going to come up with a bid and then write him a bid and then the number sounds, you know, pretty simple. It's a simple and easy process, but my bid packet is a fairly large bid packet that we had to the customer and the bid packet is what actually sells the job. And we probably get a rate of 75% of the bids that we actually bid. And this is Chris. Hopefully this here in Boise, Idaho from BNK Painting. Hopefully this answers a little bit about your questions um that you're shooting at me with how do I go about bidding buildings? And there's a lot of other types of bidding to do out there, but um ours when it comes to interior and extra repaints is just a square foot price.

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