Charging For Estimates SAVED OUR BUSINESS

Time is the MOST IMPORTANT resource that we have as a business. Charging for estimates was the best business decision we could have made. We went from constantly spinning our wheels and getting outbid to narrowing down a giant pool of potential clients to a small group that values our time.
If you're a general contractor, are you charging n estimate fee? If you're a customer, would you be put off by this business practice? Drop us a comment and let us know.
It's worth noting that we're a remodeling and renovation contractor - our bids are often 50-100 lines that each need to be bid out. This practice doesn't always apply for every job type. In our area, a lot of specialty companies and repair contractor used to charge an estimate fee and then deliver a ridiculous quote with the intention of pocketing the fee. IT'S IMPORTANT TO DIFFERENTIATE YOURSELF FROM COMPANIES LIKE THIS RIGHT OFF THE BAT.
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Script:

[@lrc87290]

Makes sense to me. That's why some contractors give a high level quick estimate then the homeowner says can I see a breakdown then the contractor says I don't give breakdown s. So this is interesting. I would think nobody would call but good for you. I think your reputation probably helps.

[@GreenBuildingNetwork]

Reputation definitely helps. I think so many ridiculous estimates helps us too - people are getting sick of getting those highball estimates!

[@onyvahealth]

Young Philly based professional here. I have been following your company for a little while. I am very impressed and agree with your building and business principles (The Granite Slab Paradox, fee for estimate, pricing estimates on your website, etc.). I foresee a couple projects in my future once the finances are in place, and I sincerely hope you will be around when I am ready. It would be a privilege to work with you when that time comes. Best wishes for the continuing success of your company.