Rehabbing & House Flipping
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 6 years ago, 01/13/2019
Contractor bidding cost
We are redoing our kitchen, and lets say the cost is 60K+ 12K profit/Overhead (20%), includes cabinets, countertops, etc.
Why do contractors calculate profit based on total cost including materials. If I chose a 40$ per square foot granite vs.
an $80 per square foot granite why should the contractor make more money just because I picked out a more expensive piece of
granite. That does not seem right, they are not doing any more work. The profit cost should be fixed for a project and not
based on material cost. Otherwise I as the consumer am getting screwed because I choose a better material.
Any thoughts would be appreciated