Profitable Estimating Training
$295.00
When you know how to estimate construction costs properly, nothing is forgotten. In these construction estimating classes taught by Michael Stone, you’ll start with a small job (under $12,000) and build skills as the jobs become more complex ($1.2 million remodel).
Streaming video, you’ll have immediate access and can view as often as you want at your convenience. No expiration, no recurring charges.
The Profitable Estimating training classes provide construction estimating training. Estimating skills are important for every construction-related business owner because an accurate estimate is the first step in selling and building a profitable job.
Buy one or both of these at the same time and receive a 20% discount:
Fast Track Estimating Software or Fast Track Proposal Writer software.
When you know how to estimate construction costs properly, nothing is forgotten. In these construction estimating classes taught by Michael Stone, you’ll start with a small job (under $12,000) and build skills as the jobs become more complex ($1.2 million remodel). Michael has taught estimating to contractors in 44 different states and Canada.
The Profitable Estimating class is 12 hours of online streaming video, but it isn’t just video. The ability to estimate a construction job is a skill developed with practice. That’s why we provide pdf blueprints for each job, along with numerous photos, and encourage you to work through each estimate. We also include all the forms you need, along with a number of checklists. These forms and checklists will become your basic tools for all your estimates long after you’re finished with the class.
You will see each estimate compiled by hand (pen and paper) and using the Fast Track Estimating software (not included). If you use a different estimating software, that’s okay. The classes teaches a system, a mindset, that works regardless of how the final estimate is compiled.
Streaming video, you’ll have immediate access and can view as often as you want at your convenience. No expiration, no recurring charges.
My estimates aren’t accurate, and the errors are costing me money.
We’ll show you the steps to follow on every estimate to reduce your error factor and eliminate guessing.
I procrastinate and have lost customers because I’ve taken too long to get back to them.
You’ll develop confidence in your ability to estimate so you don’t dread the process, allowing you to get back to your customers and make the sale.
My last estimate was short because I missed the little things; the temporary job cover, a “make-do” sink for the homeowners.
On every job, we’ll review how to mentally build the job so nothing is forgotten, from permits through cleanup.
It’s too difficult to interpret plans and identify the work and materials required. I’m not sure if the problem is the plans or if I don’t know how to read them.
Some plans are not detailed enough, others are just poorly drawn. You’ll learn to recognize plans that need more work and what to do about it.
I keep forgetting items while doing the takeoff.
You’ll attain the discipline needed to do the same thing, the same way, every single estimate, eliminating forgotten items.
Labor is so difficult to estimate.
By discovering how to review every job, you’ll be able to more accurately predict the labor requirements.
How can I get a good quote from my subs and suppliers when I don’t have the job yet?
You’ll learn how to develop a working relationship with fellow contractors allowing you to secure accurate, on-the-jobsite quotes from subs and suppliers as needed.
How can I use installed or material allowance amounts to protect myself?
We’ll discuss the difference between installed allowance amounts and material allowance amounts, when and how to use them, and the benefits and risks.
I spent hours on my last estimate, only to learn the customer was “just shopping”.
Securing a commitment from the customer BEFORE developing an estimate is critical. We’ll discuss what to say and when to say it to get a commitment first.
My estimates are great. It’s the Additional Work Orders that cost me money.
The Additional Work Orders, or Change Work Orders, are as important as the estimate when it comes to accurate, and we’ll discuss how to estimate them.
What’s the difference between this and the Estimating Construction Profitably book?
If your estimates consistently have an error factor that is in the 5% to 10% range, then your system of estimating needs to change. The book Estimating Construction Profitably will show you how to develop a system or revamp your existing system to eliminate the errors now being made and make your work profitable.
Once you have a system in place that reduces your error factor, then it is time to do some practice estimates that will help you improve your accuracy and speed of takeoff. Our Profitable Estimating Training class will take you step by step through 6 estimates starting with a small bath remodel and working up to a whole house remodel. This class takes time and mental effort. You will invest between 40 and 50 hours of hard mental work to compile your 6 estimates. When done, however, you will be able estimate almost any job you will run into and do so with an error factor of 2% or less.
How long does it take the online course to be available?
The online class is available immediately. View the videos as often as you want, no expiration date, no recurring charges. A username and password will be set during checkout.
How are the classes structured?
The Profitable Estimating Training is separated into 12 classes:
– Class 1, An overview of the estimator, the company, types of estimates and estimating procedures
– Class 2, Doing the takeoff, forms, more on estimating procedures
– Class 3, Estimating a small bathroom remodel ($10,000 – $12,000)
– Class 4, Estimating a large bathroom remodel ($96,000 – $98,000)
– Class 5, Estimating a kitchen remodel ($75,000 – $78,000)
– Class 6, Estimating a medium addition with kitchen remodel ($275,000 – $280,000)
– Class 7, Part 2 of Class 6, Estimating a medium addition with kitchen remodel
– Class 8, Estimating a two story addition with garage ($320,000 – $330,000)
– Class 9, Part 2 of Class 8, Estimating a two story addition with garage
– Class 10, Estimating a whole house remodel ($1,280,000 – $1,290,000)
– Class 11, Part 2 of Class 10, Estimating a whole house remodel
– Class 12, Wrapping it up
And includes the following forms:
- Checklists for kitchens, baths, additions and whole house remodels
- Pre-sales call checklist
- New Job checklist
- Post job checklist
- Punch list agreement
- Selection lists for kitchens, baths, additions and whole house remodels
Estimating Methods
Length: 1 minutes, 10 seconds
Plumbing, Electrical, A Sample of Things to Consider
Length: 1 minute, 14 seconds
Using Checklists when Estimating
Length: 1 minute, 41 seconds
Compensating for Errors in Estimating
Length: 1 minute, 41 seconds
Chris Mousley, Crossbeam Builders LLC –
This comprehensive course is a must for anyone in the business regardless of if you are new in construction or have been in the industry for many years. The course is a breakdown of a system that is thoroughly explained step by step. Michael also emphasizes the importance of doing the same thing consistently, tracking results and compensating for difficulty and error. The net results of this program have increased our profits and confidence in estimating and selling projects! After 9 years as a business owner this program has been a game changer!
Miroslaw Kawula –
Yes, I have attended two day course with Michael and it was the best thing I did but few years too late. Taking his classes before I started in construction business would save me allot of time and hassle with estimating and properly marking up projects. Also this estimating software is great, but as a newbie I would use training videos too to save time.
Jason Scheurer –
As a business owner and one that needs to be schooled on every aspect of the the Remodeling Industry, I personally had the opportunity to sit in on this class as it was being presented. In my opinion, if you want to learn the laws of estimating and bidding accurately, then this is the system to invest your time and money into. I have had other software estimating programs, but this hands on class goes above and beyond any of the programs I have ran across. This a step by step training modular that will teach you the basics, and then well into becoming a professional estimator. Don’t just take my word for it, buy it yourself and see why so many others have made the right decision also.
John Kelso –
I have a Construction Management degree from the University here in Seattle and took a three month course in “stick” estimating as part of the degree program. I can say without reservation that Michael’s presentation is better. Listen to what he says, “stick” estimating is old school. The systematic approach he advocates is a real time saver with no compromising of accuracy. You also get the benefit of Michael’s real life experience of decades in the construction industry.
Highly recommended.