Podcasts about Fixed price

Send us a textIn this engaging episode of Being An Engineer, Josh Zarecky shares his unique journey of running an engineering business while traveling across the United States in an RV. He discusses his background in mechanical engineering, the challenges and joys of remote work, and his innovative approach to developing industrial automation solutions.Main Topics:Transitioning from traditional engineering roles to entrepreneurshipTraveling and working remotely with a familyDeveloping the Flexrail: A modular industrial automation platformChallenges of managing a remote engineering teamStrategies for finding a niche in engineering servicesAbout the guest: Josh Zarecky is a mechanical engineer and entrepreneur with over 15 years of experience in scientific instrumentation and lab automation. After earning his degree from Rose-Hulman Institute of Technology, he worked at Beckman Coulter and Prosolia, leading hardware design and system automation projects. In 2019, he founded ZEDion, a company in Indiana specializing in hybrid instrumentation that integrates mechanical, electrical, and software systems for life sciences and diagnostics. Josh is also a remote work advocate, managing his company while traveling the U.S. with his family for over a year. Now based in Southern California, he continues to innovate, most recently developing the ZEDion Rail, a modular embedded control board for lab automation.Links:Josh Zarecky LinkedInZEDion WebsiteClick here to learn more about simulation solutions from Simutech Group.

Rocket Lab CEO Peter Beck joins the show to unpack his company’s bold, $4-billion fixed-price plan to bring Martian samples home, why he believes commercial partnerships can unlock new frontiers in planetary science, and his “soft spot” for interplanetary exploration. Then, Richard French — former JPL engineer and now VP of Business & Strategy at Rocket Lab — provides deeper insight into their proposed Mars Sample Return architecture, explaining how a single, vertically integrated team could cut costs and secure mission success. And yes, we get an update on the status of their Venus mission, too. Discover more at: https://www.planetary.org/planetary-radio/can-rocketlab-save-msrSee omnystudio.com/listener for privacy information.

Rocket Lab CEO Peter Beck outlines a $4B fixed-price plan for Mars Sample Return — and reveals new Venus mission details — before VP Richard French explains how a single, integrated team cuts costs and ensures success.

Fixed price contracts work great for cookie-cutter homes and simple builds. But unique architectural projects demand a different approach. Award-winning builder Stephen Mellinger shares his proven “cost-plus strategy” that's transformed his high-end residential construction business. In this detailed episode of The Builders Ladder Podcast, Stephen reveals his exact approach to cost-plus contracts, including: The deposit approach that protects your final payment and maintains a positive cash flow in your building business A practical way to structure project management fees The powerful alternative to “variations” that maintains better client relationships A transparent invoicing system that builds trust while protecting margins Stephen also shares critical insights on avoiding legal pitfalls, and why quantity surveyors are essential for million-dollar-plus projects. Key moments: 00:02:15 - Types of projects best suited for cost plus00:04:35 - Handling admin and project management fees00:07:55 - How to structure payment claims and frequency00:13:35 - Managing deposits and final payments00:15:35 - How to handle margin transparency00:21:15 - Including contingencies in labour rates00:31:15 - Avoiding legal pitfalls and misrepresentation00:33:15 - The importance of quantity surveyor estimates Whether you're currently handling complex residential projects or considering your first cost-plus contract, this episode provides a practical roadmap for implementation. Stephen even shares specific strategies for maintaining margins while building trust with premium clients. - Our construction business coaching has helped 2,500+ building companies succeed. Subscribe to The Builder’s Ladder Podcast for weekly, actionable insights — tailored to help you grow a profitable construction business. Follow TPB for more:

Lately, we aren't all getting the same price for the same product. Is the rise of data-driven “personalized pricing” corporate innovation or just next-gen gouging? Our guest, Lindsay Owens, is an economic sociologist and former policy advisor to U.S. Senator Elizabeth Warren. She's the co-author of “The Age of Recoupment” in The American Prospect's issue on How Pricing Really Works, and the executive director of Groundwork Collaborative.Owens discusses how major retailers are using digital surveillance to set individual prices for individual customers. She talks about the evolution of pricing, from the bazaar to the department store to the Taco Bell app, and why AI software may be enabling price-fixing schemes in real estate that are driving up rents across North America.Also Vass and Katrina compete for hotel deals.Subscribe to the Lately newsletter, where the Globe's online culture reporter Samantha Edwards unpacks more of the latest in business and technology.Find the transcript of today's episode here.We'd love to hear from you. Send your comments, questions or ideas to lately@globeandmail.com.

Live from the ROCKWOOL studio, Matt discusses the pros and cons of fixed-price and cost-plus construction contracts with guest Jeremy Martin, co-owner of Risher Martin, a leading custom homebuilder in Austin. Jeremy shares his firm's unique approach to fixed-price contracts, emphasizing rigorous pre-construction planning and detailed specifications to ensure predictable budgets and schedules. This method fosters trust and minimizes change orders by clearly defining project scopes, materials, and allowances upfront.Jeremy explains that fixed-price contracts work even for large-scale renovations by incorporating allowances for potential issues like structural damage. Pre-construction, often a nine to fifteen-month process, includes site inspections, constructability reviews, and close collaboration with architects and designers. While these efforts are treated as a "loss leader," they set the stage for efficient, on-time construction. Matt contrasts this with his cost-plus model, which offers clients transparency through access to detailed invoices and flexible budgeting. However, he acknowledges that cost-plus often involves making decisions during construction, increasing the potential for delays or unexpected costs.Both agree on the importance of peer-to-peer collaboration and continuous learning to navigate industry challenges. They highlight how thoughtful planning and communication can lead to client satisfaction and successful project execution, making it a valuable listen for builders, homeowners, and industry professionals. Find Jeremy on the web:Instagram: @rishermartinFacebook: https://www.facebook.com/RisherMartin/Houzz: https://www.houzz.com/professionals/general-contractors/rishermartin-fine-homes-pfvwus-pf~2046903330?Website: https://www.rishermartin.com/Find Matt and The Build Show on the web:Build Show Videos: https://buildshownetwork.com/go/mattrisingerInstagram: @risingerbuild and @thebuildshowTikTok: @thebuildshowYouTube channel: https://www.youtube.com/@buildshowWebsite: https://risingerbuild.com/ and https://buildshownetwork.com/Save the Date for Build Show LIVE 2025 in Dallax, TX: October 16-18, 2025! Don't miss a single episode of Build Show content. Sign up for our newsletter.

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Hey there, it's Amaury, your friendly startup enthusiast, and I've got an exciting topic to dive into today. In my latest YouTube video, I tackle the question of outsourcing startup development and whether it's better to opt for a fixed-price or time & material basis. Trust me, you don't want to miss this! So, here's the deal. When it comes to increasing your level of certainty in your startup journey, there are two paths you can take. The first one is drawing all the screens and defining every single feature in excruciating detail. It's like having a roadmap that leaves no room for surprises. The second path, on the other hand, involves reducing the scope and creating a version zero with just one key feature. It's all about starting small and building momentum. Now, when you're in the ideation stage, it's wise to launch a small prototype with a fixed price contract. This allows you to test the waters and get a feel for the development process. But as your project progresses and more ideas start flowing, it might be time to switch gears and go for a time and material basis. This way, you have more flexibility and better manageability as new features come into play. But wait, there's more! If you find that the development quality starts to waver, don't worry. You can always switch back to a fixed time contract to hold your provider accountable. Communication is key here, folks. Lack of clarity in expectations and the provider's inability to deliver on time and at the expected quality are the main issues that can arise. But fear not, by fostering effective communication and understanding with your provider, you can overcome these challenges and keep the project on track. Now, let's talk about the perks of a time and material basis. This approach allows for greater involvement of the provider, which means you can benefit from their feedback and suggestions. Plus, you can optimize development by reusing technical components, think outside the box, and create extraordinary things. It's all about collaboration and pushing the boundaries of what's possible. So, where do you start? Well, my recommendation is to begin with a fixed price contract and a small scope. Once you've established trust and understanding with your provider, you can confidently switch to a time and material basis. Stick with this approach unless you encounter high costs and delays, in which case, it might be time to reevaluate. To keep things running smoothly, keep an eye on important KPIs, such as the real cost of features, troubleshooting compared to new feature development, and code refactoring. These metrics will help you stay on track and make informed decisions along the way. I'm always here to help, so don't hesitate to ask questions or suggest topics for future videos or podcasts. Together, we'll navigate the startup world and make our dreams a reality. Stay tuned for more valuable insights and let's build something amazing! ---------------------- If you want to know more about us and our program, visit: https://myctofriend.co You can also get our FREE course: "How to build a startup without a CTO or tech co-founder" on https://myctofriend.co/htbasaccess These episodes are also available as a podcast on: https://myctofriend.co/podcast

Fixed Price discounts. You've seen them. "Save $5 when you spend $25!!" Percentage off discounts. You've seen those too: "Get 20% off when you spend $25 or more!" But which one is more effective? If you were going to build a coupon code in your online store, or offer a promotion at your farm store -- which one will lead to more sales? Well... it depends. As it turns out, there are best practices surrounding the use of the fixed price v. the percentage off discount. And it all revolves around sales psychology.  Our brains just "feel better" when we use one over the other -- in certain circumstances. In this episode, I share with you what conventional marketing wisdom says about when to use a fixed price discount over a percentage off discount. Test these out in your farm marketing and see what works best. This podcast was sponsored by Local Line, my preferred e-commerce platform for farmers. Are you looking for a new solution for your farm? I can't recommend it enough. Easy to use inventory management, great customer service, continuous improvement, and a culture dedicated to equipping farmers with marketing expertise, Local Line should definitely be one of the e-commerce solutions you consider as you switch.  Local Line is offering a free premium feature for free for one year on top of your paid subscription. Claim your discount by signing up for a Local Line account today and using the coupon code: MDF2024. Head to my special affiliate link to get started: www.mydigitalfarmer.com/localline Some of the resources mentioned in this episode: Join my free email list! I have a great "Crash Course in farm marketing" that will guide you through the marketing jungle over the course of several months. Each week, you'll get a new email with suggestions and tips to make your marketing better. Subscribe at https://www.mydigitalfarmer.com/subscribe Farm Marketing School - my monthly online marketing school membership just for farmers. Farm Marketing School is an on-demand library of marketing workshops and project plans that will help you build some of the most important marketing elements in your farm business like: building a promotion calendar, setting up your Google Business Profile, auditing your sales funnel, updating your home page of your website, building your first email nurture sequence, acquiring and deploying testimonials, and practicing different types of offers. You get to chose what you want to study and build each month. These projects are designed to be completed in under 30 days, so that you slowly build your marketing system piece by piece. Use the step by step project planner and resource folder to help you jumpstart your work. Take advantage of my new marketing crash course inside or take the onboarding assessment tool to help you identify where your funnel is broken and what project to do first. To see what courses are currently inside of FMS, or to try out Farm Marketing School for a month at mydigitalfarmer.com/fms  Start and cancel your membership anytime. Join my CSA Academy Library -- this is my digital cooking resource library that I provide for my CSA members to help them learn how to become a better home chef and cook the CSA way. It includes a Beginner's Guide to CSA mini-course, Vegetable University (A to Z video tutorials for every veggie); Canning Club (canning videos); Exit Strategy videos; Instant Pot tutorial, and my Recipes and Resources pages (with weekly CSA box recipes and unboxing videos). Farmers can subscribe for a monthly fee to have access to these resources to help them support their own CSA members. Early Bird Campaigns that Convert -- In this episode, I mentioned how I would be building my CSA Early Bird Renewal Promo campaign this month. IF you want to learn my system for how I do this every year, I offer my step by step online course to help you get it done. This course will teach you how to build a compelling offer that gets your current members to decide to renew during your promo campaign. I show you the emails to write, the posts to create, and the ENERGY you need to generate in the week before you launch. Find my marketing Facebook group for CSA farmers! Follow me on Instagram for a daily IG story tip on marketing! @mydigitalfarmer

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eBay Seller Advocate and eBay seller Chuck Van Pelt gives his five tips for preparing for the Holiday Selling Season. Kayomi and Griff answer your questions about revision restrictions on Fixed Price listings and the list of “selected categories” for additional free listings with an eBay Store subscription.Questions? Call us! 888-723-4630Email us! podcast@ebay.comVisit our eBay page! Take our Survey! Episode LinksUPS Ground SaverUPS and eBay LabelsNew Simplified Order Cancellation ProcessRevise Listing Help Page

If you're thinking of renovating in the next 12-24 months you won't want to miss this!Today's conversation with builder Colin Campbell from Camstruct Design & Build packs a punch with real and raw insights into what it takes to renovate in the current market.We cover:• Should you have a Fixed Price or Cost Plus contract? • What's the difference between an Estimate and a Quote?• Range of builders % margins• What level of documentation do you need?• Prime Costs vs Provisional Sums• Selecting the right builder• Finding alignment You will love Colin's candid perspectives on the state of play renovating in today's market. Connect with Colin here:Website https://camstruct.com.au/Instagram https://www.instagram.com/camstruct_design_and_build/Connect with us: Website https://janeledger.com.au Instagram https://www.instagram.com/janeledgerinteriors Thank you for listening! If you found this useful, please leave a like, review or rating as this helps other people just like you find this information. I'd love for you to hit follow wherever you're listening to this and share a favourite episode with someone you know who would really benefit from it.

Notatki i linki wymienione w tym odcinku znajdziecie na naszej stronie: ⁠⁠designpractice.pl/056 --- W tym odcinku rozmawiamy o: → drodze od studenckiego projektu do 40-osobowego softwarehouse'u → tworzeniu rozwiązań cyfrowych dla energetyki i innowacji → fazie Discovery w procesie projektowania → odnalezieniu swojej roli w świecie biznesu i designu --- Naszym gościem jest Karol Oponowicz – przedsiębiorca i designer. Współzałożyciel firmy Order Group i zeronest. Przeszedł drogę od projektowania aż do bycia odpowiedzialnym za relacje i negocjacje z klientami. Obecnie mocno wkręcony w projekty poświęcone innowacjom i energii odnawialnej. --- Timestamps: 0:00 Start 1:22 Jaką książkę ostatnio przeczytałeś? 2:01 Czym się zajmujesz? 3:18 Order Group 9:01 Od geodety do projektanta 12:11 Jak zmieniała się twoja rola 17:09 Historia 11 lat Order Group i plany na przyszłość 22:34 Klienci i pracownicy z zagranicy 24:53 Nisza energii odnawialnej 31:20 Jak zdobywać niszową wiedzę? 35:18 Zeronest i przyszłość energetylki 42:52 Czy macie jakiegoś inwestora? 44:40 Case study procesu projektowego 52:12 Kompetencje potrzebne na stanowisku head of design 54:55 Kompetencje - AI 57:52 Współpraca z developerami 1:01:43 Stawka godzinowa czy Fixed Price? 1:05:03 Rady dla designerów 1:08:24 Na jakich umiejętnościach chciałbyś się skupić? 1:09:50 Zakończenie

Join Kyle Hunt as he interviews Brandon Allen, owner of Masterpiece Construction, about his experiences starting a remodeling business and the importance of strategic partnerships with architects, designers, and realtors in generating leads. The conversation also delves into Design & Project Development packaging strategies, effective communication with clients and trade partners, and navigating challenges of strategic partnerships with designers and arthitects. Tune in to gain practical insights for success in your own remodeling business! ----- Explore the vast array of tools, training courses, a podcast, and a supportive community of over 1,900 remodelers. Visit RemodelersOnTheRise.com today and take your remodeling business to new heights! ----- Takeaways Strategic partnerships with architects, designers, and realtors are valuable in generating leads for remodeling businesses. Clear communication with trade partners and clients is essential to ensure a smooth project. Pricing and packaging Design and Project Development services can be done through fixed prices or hourly rates, depending on the project and client preferences. Job costing and measuring profitability are important aspects of running a successful remodeling business. Professionalism and expertise are key factors in building trust and attracting high-end clients. Chapters 00:00 Introduction and Background 02:02 Getting into the Remodeling Business 05:19 Generating Leads from Strategic Partners 09:40 Challenges with Architectural and Design Plans 16:38 Effective Communication with Clients and Trade Partners 25:20 Job Costing and Measuring Profitability 31:05 The Importance of Professionalism in the Remodeling Industry

A contractor got into a pricing squeeze when the customer, in this case the Marine Corps, way underestimated the quantities for the services under the contract. It learned what can happen when the legal proceedings get complicated. For details on the lessons learned, Federal Drive Host Tom Temin spoke with Haynes Boone procurement attorney Zach Prince. Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

A contractor got into a pricing squeeze when the customer, in this case the Marine Corps, way underestimated the quantities for the services under the contract. It learned what can happen when the legal proceedings get complicated. For details on the lessons learned, Federal Drive Host Tom Temin spoke with Haynes Boone procurement attorney Zach Prince. Learn more about your ad choices. Visit megaphone.fm/adchoices

When you're a first home buyer and working with an often-tight budget, there are some crucial considerations that you should keep in mind to make your money go further. The experts on today's episode advise it's all about making savvy choices.Joining us today are Mark Sinnott, a Carlisle Sales Consultant known for perfecting the house and land combination, and Ricky D'Alesio, Carlisle's Design Manager with an impressive 25-year track record of crafting award-winning homes, specifically tailored for first home buyers.Together they share their expertise on how first home buyers can optimise their choices to get the best bang for buck when building their new home. We discuss:Carlisle's EasyLiving series and why it's such an accessible and affordable option for first home buyers.How various home designs cater to the unique needs of first home buyers.The importance of considering both your new home and the block that you're going to build on.Doing your research and shortlisting suitable home designs on the Carlisle website.Popular design requests and preferences of first home buyers.The benefits of going through the process with a builder like Carlisle.Fixed pricing and the certainty and benefits it offers first home buyers.Hit play and uncover tips and tricks usually reserved for those already committed to the process of building their home. Hear it first on Home Files.  Special Guests:Mark Sinnott – Sales Consultant, Carlisle HomesRicky D'Alesio – Design Manager, Carlisle HomesBits of Gold:If you're enjoying this series, please leave us a review on Apple or Spotify, or if you have a friend who is thinking about building their first home – share it with them too!This podcast is proudly brought to you by Carlisle Homes – Australia's Most Professional Volume Builder for 2023 awarded by the Housing Industry Association. You can get in touch at carlislehomes.com.au, or follow us on Instagram, Facebook or TikTok - @CarlislehomesEverything we talk about on this podcast is general in nature and doesn't consider your own circumstances. Please speak to a licensed financial advisor or a professional consultant for personalised information. 

Scott and Jim have the pleasure with speaking with Dave Lewis, the Learning Asset Manager for CON 7610, Fixed-Price Incentive (Firm-Target) (FPIF) Contracts Course.  We continue our conversation with Dave Lewis on his incentive contract courses - this one is on FPIP contracts, where he talks about what this course focuses on, such as limitations of use of FPIP contracts, the geometry (how to structure), how to come up with optimimistic and pessimistic cost, how profit is determined, negotiation tips, contract administration, important of conducting a post award conference, how to avoid an administrative nightmare, the target audience and the embedded videos in this course.  A lot compacted into a short 8 minutes.  Be sure to subscribe to the channel, either here or YouTube or Apple Podcasts or all - also, appreciate it if you hit the like button to let us know the podcast was worth your time invested.  Be sure to listen to our CON 7600 podcast, which is an introduction to incentive contracts.  CON 7610 - Fixed-Price Incentive (Firm Target) Contracts Course: https://icatalog.dau.edu/onlinecatalog/courses.aspx?crs_id=13014CON 7600 - https://icatalog.dau.edu/onlinecatalog/courses.aspx?crs_id=13108CON 7620  - Cost-Plus Incentive Fee (CPIF) Contracts Course:   https://icatalog.dau.edu/onlinecatalog/courses.aspx?crs_id=13013CON 7630 - Award-Fee and Award-Term Contracts Course:  https://icatalog.dau.edu/onlinecatalog/courses.aspx?crs_id=13109CON 7640 - Coming SoonCredentials home page: https://www.dau.edu/credentialsBack to Basics: https://www.dau.edu/back-to-basics; BtB Contracting: https://www.dau.edu/functional-areas/contractingContract Cost, Price and Finance Community of Practice:  https://www.dau.edu/cop/pricingContracting Community of Practice: https://www.dau.edu/cop/contractingIf you are watching this video on DAU Media, but rather watch on YouTube, go to https://www.youtube.com/channel/UCbF8yqm-r_M5czw5teb0PsAApple Podcasts:  https://podcasts.apple.com/us/podcast/contracting-conversations/id1621567225 

One price, fixed price, haggle free, only benefit the dealer Part 1 and part 2 used review Make a quality segment chart The one price stories There are no special deals just special methods Why are one price techniques uesd Cut the dealer ‘s expenses Enhance the profits It's not about customer satisfaction 2+2 is not 5 No haggling does not mean a good price Ho Hum prices at best Shorter sales process, longer F&I time Don't let your guard down for a second Negotiating is better for the customer and their satisfaction One price gives a dealer higher profits as a whole No matter what they say, haggle anyway, or move on

Professional Builders Secrets brings you an exclusive episode with Lee Ambrose, Managing Director at Ambrose Design and Construct based in Brisbane, Australia. Throughout this episode, Lee delves into the journey he and his business has went on, his transition into fixed price contracts and the ways in which he's transformed his business since joining the APB. INSIDE EPISODE 82 YOU WILL DISCOVER The challenges faced by builders before transitioning to fixed price contracts The importance of projecting all of your fixed expenses The advantages of using project management tools Why it can be so challenging to change your ways as a builder And much, much more. Listen to the full episode to uncover exactly what transitioning to fixed price contracts can do for your building company. ABOUT LEE AMBROSE Lee is the Managing Director and Founder of Ambrose and once upon a time he used to wear every hat in the company. These days, his main role is Managing director and Sales manager, liaising with his sales estimator and managing his department heads to ensure everything is running as smoothly as possible. Connect with Lee: linkedin.com/in/lee-ambrose-a2a261155 TIMELINE 1:40 How Lee got started and his business ambitions 3:59 What kind of contracts Lee used before transitioning 7:31 How Lee has transformed his business working with APB 10:06 The importance of fixed price contracts and how secure they are 13:19 The construction software Lee utilises 15:17 Why is it so challenging for builders to change their ways? 22:30 What Lee's discovered in the process of transitioning to fixed price contracts LINKS, RESOURCES & MORE Ambrose Website: ambrose.com.au APB Website: associationofprofessionalbuilders.com APB Rewards: associationofprofessionalbuilders.com/rewards/ APB on Instagram: instagram.com/apbbuilders/ APB on Facebook: facebook.com/associationofprofessionalbuilders APB on YouTube: youtube.com/c/associationofprofessionalbuilders Join the Professional Builders Secrets Facebook group for builders & connect with professional builders world-wide: facebook.com/groups/builderssecrets

Professional Builders Secrets brings you an exclusive episode with Co-founders of the Association of Professional Builders Russ Stephens and Sky Stephens, along with APB's Head Coach, Andy Skarda. Throughout this episode, the trio delve into the key differences between fixed price and cost plus contracts, the pros and cons of each option, and how builders can go about making the switch. INSIDE EPISODE 79 YOU WILL DISCOVER The difference between fixed price and cost plus, and which is better for you Potential downsides of each contract type The impact of the past few years on builders' pricing strategies and how it may have affected their decisions Why so many builders are struggling with pricing How you can switch strategies And much, much more. Listen to the full episode to uncover exactly how switching to fixed price contracts can help to set your building company up for success. ABOUT RUSS STEPHENS Co-founder of the Association of Professional Builders, Russ is a data analysis expert who has introduced data-driven decision making to the residential construction industry. Russ is also a proud member of the Forbes Business Development Council. Connect with Russ: linkedin.com/in/russstephens ABOUT SKY STEPHENS Co-founder of the Association of Professional Builders, Sky specialises in taking complex business strategies and converting them into actionable step-by-step guides for building company owners. Sky is also a proud member of The National Association of Women in Construction and the Top 100 Women in the broader construction sector. Connect with Sky: linkedin.com/in/skycheristephens ABOUT ANDY SKARDA Head Coach at the Association of Professional Builders, Andy specialises in helping business owners in the building industry identify and implement the skills and systems they need to be successful, without needing to go back to school. Or more importantly, without going bust. Connect with Andy: linkedin.com/in/andy-skarda-92a6875/ TIMELINE 2:01 The difference between fixed price and cost plus 6:59 The downside of fixed price and cost plus 17:39 Builders who are adamant about using cost plus contracts 25:53 Builders we've seen transition from cost plus to fixed price 28:26 Can you offer both options to a client? 29:12 Can fixed price contracts be dangerous in the long term? LINKS, RESOURCES & MORE APB Website: associationofprofessionalbuilders.com APB Rewards: associationofprofessionalbuilders.com/rewards/ APB on Instagram: instagram.com/apbbuilders/ APB on Facebook: facebook.com/associationofprofessionalbuilders APB on YouTube: youtube.com/c/associationofprofessionalbuilders Join the Professional Builders Secrets Facebook group for builders & connect with professional builders world-wide: facebook.com/groups/builderssecrets

This week on The Build Show Podcast, Matt and Jeremy Martin of RisherMartin Fine Homes out of Austin, Texas, go deep into fixed-price vs. cost-plus contracts. Jeremy and his partner, Chris Risher, have been in business together for a year, but they've been in the industry since 2010. They do a mix of architect-driven remodeling and new home building but started as a renovation company. They believe, as Matt does, that being a remodeler makes you a better builder because you can see what has gone wrong in the homes you're remodeling and take action to prevent those issues in new projects. RisherMartin works mainly with fixed-price contracts, while Risinger Build works with cost-plus agreements. They drill into what makes a good fixed-price job and what's a better fit for a cost-plus builder, and what those processes look like. Listen in while they discuss the risks and benefits of both business models for builders and their clients. You can find RisherMartin at @rishermartin on Instagram Their website is: https://www.rishermartin.com/

The fixed price contract is DEAD – and the culprit is inflation, with the copper cable in the conservatory. Electricians increasingly offer payment plans to struggling homeowners…And forget the van; electrical contractors increasingly turn to e-bikes to get around…Electrical News Weekly 6th March 2023 in association with Scame============================00:00 Electrical News Weekly00:36 Fixed price contracts are dead?01:46 1/5 of electricians allow customers to pay in installments02:22 Contractor swaps van for e-bike03:23 Ev charge points to business customers for free04:17 Atkore unveils range of coloured PVC conduit 04:46 Contractors warned about an unusual electrical hazard05:40 Thanks to our premium partners 06:38 Coming up on eFIXX this week==============================Show notes

This week, Paul is joined by Ian Hepstinall, an Associate Professor in Project Management at the University of Birmingham, a coach, an advisor, and the Author of the Executive Guide to Breakthrough Project Management.Ian is a firm believer in changing the industry. In this conversation, he shares his slightly radical thoughts on changing the industry's mentality and approach to project management. Einstein said, “Insanity is doing the same thing repeatedly and expecting different results.” Ian thinks that the construction industry is doing just that.This episode will give you real food for thought if you are a construction professional.------------Are you struggling with a lack of Quantity Surveyors?A recent RICS Survey found that 54% of main contractors reported insufficient numbers of Quantity Surveyors available in the market. At C-Link, we completed a survey that found that 80% of companies find it challenging to recruit QS.Are you one of those companies?C-Link is software built by Quantity Surveyors for Main Contractors. We save 600 hours of Quantity Surveying time per project in automation. We can make your QS' so much more efficient.Book a demo to learn more by clicking here.Support the showWant to connect with Paul?Paul is on Linkedin here and would love to talk. You can also connect with Paul at paul@c-link.com.To learn more about C-Link, Watch the Video, or book a demo by clicking here.

I hear problems like this all the time…“The client hasn't done what they promised!”“The client has asked for me to do more work that I didn't price for.”“It's taken me longer to do the work than I initially thought.”“The client's business has grown and there is more work now.”These are all examples of scope creep.Scope creep is a huge problem for a lot of accountants and bookkeepers – so many are losing money because they don't know how to price for these scenarios and end up just taking a hit rather than asking the client to pay up.The main reason these problems arise is because there was not enough clarity in the original agreement. When you sign up a new client for one of your services, you need to manage their expectations. If the client understands exactly what they get with your service (and what they don't get), what's expected of them, and how the price might be altered if their circumstances change, it will prevent any fee disputes and stop you from losing out due to scope creep.  You can manage your client's expectations through a Fixed Price Agreement. This is a document that lays out the details of your service and how the fixed price is determined. Should the client's circumstances change, they request some additional work, or they fail to deliver on a promise, you can simply refer them back to the Fixed Price Agreement to explain the resulting adjustment in price. The client has total clarity – and you will never make a loss from scope creep again. The latest episode of the Value Pricing Podcast is now available: How to Set Out Your Fixed Price Agreement In today's episode you will learn:✅ How scope creep can be the biggest financial drain on your business ✅ How to manage your clients expectations to avoid scope creep✅ The 9 essential elements to add to your Fixed Price Agreement ✅ What to do if something changes, or the clients doesn't do what you expectedListen now!

In the first episode of Series 3 we discuss fast, fixed price, fixed outcome implementation methods for Microsoft Dynamics 365 Business Central. We compare this type of implementation with the more traditional, bespoke, tailored implementation methods (of which there are many options available now!) and explore how we, as a partner, work out what is the right option for our clients. As well as whether the fixed method would be a good solution for NAV users looking to upgrade their system to the latest version of Dynamics 365 Business Central. Listen today! Hosted on Acast. See acast.com/privacy for more information.

Landscape architect Brandon Reed joined me on Ditching Hourly to discuss how ditching hourly billing, offering fixed price options, and niching down transformed his firm. Brandon's Links: Website LinkedIn Instagram ----Do you have questions about how to improve your business? Things like: Value pricing your work instead of billing for your time? Positioning yourself as the go-to person in your space? Productizing your services so you never have to have another awkward sales call or spend hours writing another custom proposal? Book a one-on-one coaching call with me and get answers to these questions and others in the time it takes to get ready for work in the morning.Best of all, you're covered by my 100% satisfaction guarantee. If at the end of the call, you don't feel like it was worth it, just say the word, and I'll refund your purchase in full.To book your one-on-one coaching call, go to: https://jonathanstark.com/callI hope to see you there!

Have you ever been sat in the back of a taxicab watching the meter in the front slowly tick up and up?Do you ever wonder if the driver chose the ‘scenic route' to get more money out of you?And every time you stop at a red light or get caught up in a bit of traffic, you watch that meter tick higher and higher and your ride gets more expensive with every minute.  You're on edge the whole ride fretting over what the final cost will be.It's an awful feeling. That's exactly what your hourly rate does to your clients. When you can't give a definite price, your clients can't plan or budget, they have no idea what the price is going to be, and they think more about the time you are spending on the job than the quality of the work you are doing.It's an awful way to price – not only do your clients hate it, it also brings you a really low profit.  When you move to fixed pricing, you can give your clients those things they need – certainty, assurance to plan and budget, and a stress-free service.That's valuable. And you will win more clients when you communicate just how valuable and FAIR this pricing structure is. The latest episode of the Value Pricing Podcast is now available: How a Fixed Price Approach Can Win You More ClientsIn today's episode you will learn:✅ Why hourly rates are bad for your business✅ 4 ways in which your clients benefit from your fixed pricing approach ✅ 3 steps to using your fixed price approach to win new clients ✅ 2 practical examples you can use to communicate your new pricing structureListen Now

A fixed-price contract. It is a common strategy for the government. Contractors need to understand that every word in that three-word phrase is there for a reason. If inflation, COVID, and/or supply-chain problems drive up your costs, tough luck. That point was reinforced in a recent lawsuit, about which Federal Drive host Tom Temin spoke about with Zach Prince, Smith Pachter McWhorter procurement attorney.

G7 group of countries agree fixed price for Russian oil. North Korea fires more missiles threatening U.S. against 'dangerous' choices. 2022 midterms puts the climate crisis on the ticket.  You can subscribe to Five Minute News with Anthony Davis on YouTube, with your preferred podcast app, ask your smart speaker, or enable Five Minute News as your Amazon Alexa Flash Briefing skill.  Subscribe, rate and review at www.fiveminute.news  Five Minute News is an Evergreen Podcast, covering politics, inequality, health and climate - delivering independent, unbiased and essential world news, daily.  Learn more about your ad choices. Visit megaphone.fm/adchoices

The Federal Acquisition Regulation is clear, fixed-price contracts are just that: Fixed price. There's no provision for adjustments because of inflation. Or is there? A memo last week from the Defense Pricing and Contracting office offers some hope. Federal Drive host spoke with someone who has studied the memo closely: Zach Prince, a partner at Smith Pachter McWhorter.

The Federal Acquisition Regulation is clear, fixed-price contracts are just that: Fixed price. There's no provision for adjustments because of inflation. Or is there? A memo last week from the Defense Pricing and Contracting office offers some hope. Federal Drive host spoke with someone who has studied the memo closely: Zach Prince, a partner at Smith Pachter McWhorter.

Doug Dinwiddie started White Digital, an agency specialising in website design, development and SEO, with the goal to improve on the service offering other agencies were providing. Doug spoke to Alex about how clients and agencies should be setting expectations to get what they want and more, as well as how to run pitches and structure briefs to understand which agency is right for you. He also covered values, awards, budgets and how to check an agency's reputation.

Something about this fixed-price contract for building the new Christchurch stadium, Te Kaha, just doesn't stack up for me.In fact, the whole fixed-price thing doesn't stack up, as far as I'm concerned.The gist of it all, is that the Board overseeing the project has managed to negotiate a deal which will make the Australian construction and civil engineering company that is the lead contractor for the project, responsible for the costs of labour and materials - as well as carrying the can for all other risks and cost overruns.So it's put a fixed price of $683 million on the project. Sounds too good to be true? I think it does.And this is my predicament. I'm all for the stadium. But I'm afraid I can't get excited about this big fixed-price announcement because I simply don't think it can be done.Of course, a lot of people are excited about it - including mayoral candidates Phil Mauger and David Meates who are saying today that it gives us all certainty. Other city councillors are saying the same.But, unless I'm missing something here, do you really think the cost of a major construction project - which hasn't even begun yet and isn't expected to be open for business until April 2026 - do you really think you can set the cost now and think nothing's going to change? Really?If you can, then there must be a massive amount of contingency in the price - which is something Phil Mauger suspected when the $150 million cost blow-out was announced last month.Back then, he wanted to press pause on the whole thing to see if costs might come down a bit. But, of course, he's changed his tune the closer we've got to October's local body elections.City councillor Sam MacDonald is saying that, when councillors were briefed on the fixed-price contract yesterday morning, he told the stadium board not to come back to the Council looking for more ratepayer money.“This is a full and final get on and do it,” is what he's saying about the fixed-price arrangement.So there's a lot of bluster, but I'm not convinced it can be done. And, essentially, this is what city councillors are going to have to decide for themselves between now and tomorrow morning when they'll get together to make the big decision whether to invest another $150 million into the project - and sign the dotted line on a $683 million contract.If I was a city councillor, even if I wanted the stadium - like I do - I couldn't vote “yes” tomorrow because - like I said before - I think this fixed price is too good to be true.And I don't think I'm going to be the only person who thinks that.I see Graham Burke from the Construction Industry Council is also scratching his head about it.He's saying that he's (quote) “very surprised that they've managed to tie somebody down to a fixed-price contract.He goes on to say: “We've got costs going up across the board, we've got interest rates rising, we've got shortage of skills, hold-ups and shortages across the supply chain internationally.” (End of quote).That's what Graham Burke from the Construction Industry Council is saying - and he'll know what he's talking about. And I was interested in his comments because I already had my doubts about this fixed-price thing before I saw what he was saying.He's in the construction sector - so he knows what he's on about. But he seems to be a bit of a lone voice when you compare what he's saying with the likes of Phil Mauger and David Meates, city councillor Sam MacDonald and even Colin Mansbridge from the Crusaders.But how many of them are in the construction industry? None of them - so you could say they've got no idea what they're talking about. You could say the same thing about me, because I'm not in the construction sector either.But Graham Burke from the Construction Industry Council does know what he's on about, and if he thinks it looks too good to be true - then I'm happy to go...See omnystudio.com/listener for privacy information.

Detailed reports on the future of Christchurch's stalled stadium have been made public -including the successful negotiation of fixed-price contract for its construction.And it has emerged that if the project is stopped, $40 million in "sunk costs" will be lost entirely and the budget will rise further if there is any pause on the build.The Christchurch City Council today confirmed the total budget for the project will sit at $683 million.Rates in the city will need to increase by 1.24 per cent to cover the cost of what the CCC will need to borrow to fund the project.In 2010 and 2011 the Christchurch quakes irreparably damaged AMI Stadium - formerly Lancaster Park.The plan to create a covered multi-use arena was put forward by a Government panel in 2012.That plan detailed how both local and central government would foot the bill.The projected cost was $470 million.But that rose to $533m, and in recent months the Christchurch City Council revealed the proposed design for the stadium, Te Kaha, had blown its budget again.The cost then spiked to $683m - with the $150m increase being blamed on rising international costs in materials and construction.The price hike sparked a public consultation last month and the CCC received 30,000 public submissions about the project.Of those, 77 per cent of people were in favour of meeting the extra costs.A further 8 per cent supported a pause and re-evaluate approach and 15 per cent wanted a complete halt to the stadium's construction.Councillors will decide on the stadium's future at a meeting on Thursday morning.The options are to invest the additional $150m to enable the project to continue as planned, stop the project altogether or pause and re-evaluate it.Today the design and construction submission for Te Kaha - on which councillors will base their decision - was revealed. An artist's impression of plans for Christchurch's multi-use arena, Te Kaha. The City Council will make a decision on next steps this week. Image / SuppliedTe Kaha Project Delivery Limited chairman Barry Bragg said today that a "major issue" had been that the lead contractor BESIX Watpac had been "unwilling" to provide a fixed price "because of the volatility in the commodities market"."We were concerned that would leave the council and the ratepayers of Christchurch exposed to the risk of further cost escalations and that is not something we were willing to accept," Bragg said today."The board has been working through the risks with BESIX Watpac and they have now submitted a revised design and construction submission that provides a fixed price."The Board has thoroughly reviewed the new submission and obtained independent legal advice on it."It is now in a position to make a recommendation to the council that it enters into a Design and Construct contract."Bragg said based on the new contract he was confident the arena could be delivered for a total budget of $682 million."That figure includes sufficient contingency to cover any issues that might emerge during the build," he explained."The fixed price means that if the council decides on Thursday it wants to proceed, ratepayers will be protected from any further cost increases."The CCC will need to add $150 million to its current budget for the arena if it decides to sign the contract this week."Consultation with the public shows 77 per cent of the submitters support the council doing that," said Bragg.A further report to be provided to councillors before the meeting and vote shows the financial implications of increasing the budget.Bragg said assuming the CCC borrowed the additional money, rates would need to increase by a net 1.24 per cent. Plans for Christchurch's multi-use arena, Te Kaha. Image / Supplied"For the average residential property, that means they will have to...See omnystudio.com/listener for privacy information.

This episode is also available as a blog post: https://soccercruz.com/2022/06/23/barcelona-name-frenkie-de-jongs-fixed-price/ --- Send in a voice message: https://anchor.fm/nwosu-chizoba-david/message

Hal Brumfield, the Co-Founder and CEO of Tachus Fiber Internet joins KRLD's David Johnson to discuss their new, fixed-price, no-frills high-speed internet service.

Today on Daily News You Can Use, Ray, Zach, Kimberly, and Phil discuss Ford CEO Jim Farley's comments about going to 100% online and fixed price sales. Also Stellantis is in the news for a diesel emissions probe, and the new Jeep Wrangler tips over during crash tests. Tune in for this and more!

About seven years ago we pioneered the "Support by Blocks" model, and it has served our Forceworks clients and us well. But thanks to Microsoft, it is time for a whole new model for Dynamics 365 and Power Platform Support and Services. Let's unpack this one. The Challenge Let's be honest, no business application you can buy will serve your needs as delivered. Any of them will require some modifications to fit your goals. Fortunately, you have many Microsoft Business Applications partners to assist you with this, including my company Forceworks. This is not new; customizing business applications has been around as long as business applications have been around. For a small organization, you may only have to invest a few bucks to get things where you want; enterprise customers often invest six or seven figures to get things right. It is not a small industry that I am in. It is precisely this high cost that has led Microsoft to invest so much into low-no-code technologies. How many more customers could Microsoft have if this "startup cost" was significantly reduced? More on that in a minute. Models There are quite a few engagement models available from different partners. The old "Fixed-Price based on your Requirements" has fallen out of favor, and for good reasons. Scope creep is a common one, but customers, thinking that competitive bidding got them the best price were often surprised at how much the bids came in at—typically ranging from 25-50% higher than what Time and Materials may have cost. Partner risk padding has probably run off many customers, But as I said, few partners even offer this model today. The most prevalent model is the Time and Materials model, which may be based on an estimate. But Scope Creep rears its head just as often there, the difference being that the customer assumes the risk. Still, this usually works out cheaper than what a "Risk-Adjusted" Fixed Price would have been. Blocks Several years ago, we pioneered a variation on the Time and Materials model called "Support by Blocks". In that model, the customer pre-purchased blocks of time, like 80 hours, for example, for a single blended rate that was discounted for their pre-payment. These hours would be consumed by anyone on our team, developers, analysts, consultants, etc., to meet customer requests until the block was depleted. It was a better model for both the customer and us than traditional Time and Materials and has served us well for many years. The downside was that some customers became too focused on the hours, often hoarding them to stave off having to buy more. This also meant that they would never reach the full potential of what these solutions could achieve for them. It was understandable but frustrating for me to know what "could be". It often triggered their "we'll take it from here" reflex when a block was depleted. This always meant the end of the line for any hope of exploiting the full potential for their business. They were obliviously missing out on dollars to save pennies. Is it Time? I have had this idea in my head for many years about an "All-You-Can-Eat" subscription model to eliminate scope and hours from the equation. But to not go broke, you would have to either charge an astronomical amount or exclude the development work. And each time I had looked in the past, there was still way too much development work, relegating any Subscription to just Support. But in the meantime, Microsoft has continued to advance the low-no-code platform, and I was noticing the utilization of our code-writing developers was falling, and developers are some of the highest paid people in a partner organization. To confirm my thinking, we analyzed our customers over the last 18 months, and sure enough, the level of actual code development had continued to drop. In fact, in the previous 12 months, less than five percent of our customers needed any actual code development at all. Bingo! "The Works from Forceworks" I could not wait to take this new information and finally build the model I had been thinking about for years... so I did. "The Works" is that all-inclusive model with unlimited everything except code. One challenge is making sure a prospective customer understands what "Code" means. They seem to feel that anything they could not figure out themselves must be "Code" and fear that anytime they open their mouth, the "Code Alarm" will go off. But our analysis says that is not the case. And frankly, the way you make money on a "Service as a Subscription" is over time, so renewals are far more important than some quick buck made from the code alarm. If that "Code Alarm" goes off too often, or possibly even once, the renewal is at risk. Again, this model would not have been viable even two years ago, so I have to give Microsoft a big hug. The Big Gulp A model like this is not without its risks for us. For one thing, our primary competition was not other partners but rather customers thinking about hiring someone internally. While these people are not easy to find, the thought that they could be found limits what a customer would pay, and it would have to be less than an internal salary. We went with an extensive list of unlimited services, starting from and including deployment(s). There were some heated conversations internally about what could be realistically offered on an unlimited basis for a fixed monthly cost. Still, I pushed for the max, and I happen to own the company. The service does have a one-year term to prevent someone from maxing out capacity in the first month and then canceling. Resellers To work financially, we need scale in both customers and people for a model like this. We had dabbled with some resellers with our "Support by Blocks" model, but I was not happy with the results, both for us and the end customers. Adding a third party in the middle created conflicts. But this new model is perfect for resellers, who are all looking for a recurring revenue component that they can bolt onto their existing billing arrangements with their customers. And since it is "scopeless" and "unlimited", there really is no reason for conflicts. Summary It is early days, but we have already transitioned most of our current customers to this new model and have started onboarding new ones. So, the customer verdict seems to be in on the value proposition. I expect to be underwater for a while financially as we scale up, but I was prepared for that. I am "Betting the Farm" as they say. We are firmly planted in the battle for the limited talent, but even those folks seem to like this model, so I am not too worried about that. In fact, I have another idea for that, but I will let you in on that a little later :) Those of you who know me know that I am not afraid to try new business models, and so far, each one has been better than the last, and I feel stronger about this one than any other. Wish me luck!  

Many builders don't do cost tracking because they think they don't have enough time. The truth is when done properly, cost tracking can help you achieve your business goals sooner and in turn, generate more PROFIT.Today we talk about the basics of Cost Tracking, Fixed-Price contracts, getting paid to quote, markup percentages, demonstrating VALUE, and how these all work interdependently in the growth (and profit) of your contracting business. If you're curious about the business that we are in or franchising opportunities,  visit our websiteFollow us on all of our social platforms!LinkedInInstagramFacebookTwitterYouTubeTikTok 

Are you dreaming of your big project? One thing you should think through while you are day dreaming is the contract structure you would like to see. Exciting, hey? Different contract types have benefits and drawbacks. There is no right or wrong way to do it, but depending on your personality type you may lean one way or the other. In today's episode, we walk through a few pro's and con's of fixed price and cost plus pricing to help you be better prepared for when ink hits paper!

Learn More About House Academy Here We Now Use Real Estate Agents or Fixed Price MLS on Every Deal (HA 1650) Transcript: Steven Jack Butala:Steve and Jill here. Jill DeWit:Hello. Steven Jack Butala:Welcome to the Land Academy Show. I'm sorry, the House Academy Show today. Entertaining real estate investment talk. I'm Steven Jack Butala. Jill DeWit:And I'm Jill DeWit. And we're putting up with his allergies again. Broadcasting from the valley of sun. Steven Jack Butala:Today Jill and I talk about how we now use real estate agents or fixed price MLS on every deal. Jill DeWit:I'm going to do that every time. There's something oh, sorry. Allergies. Steven Jack Butala:Nobody knows what you mean now though. Jill DeWit:Well, if you listened Monday and Tuesday, you do. Steven Jack Butala:Yeah. Jill DeWit:Okay. So you have to go back and listen. It's funny. Steven Jack Butala:Before we get into it, let's take a question posted by one of our members on the landinvestors.com online community. It's free. And don't forget to subscribe on the Land Academy YouTube channel and comment on the shows you like. Jill DeWit:Amy T wrote, "Just starting out in Land Academy and in the process of watching all the wonderful videos. Would the more experienced members suggest starting out with an inexpensive land and make some mistakes before moving to infill lots?" What did they say? Steven Jack Butala:Oh, I want you to answer please. Jill DeWit:Oh, what do I think? Steven Jack Butala:Yeah. What would you do? If you're brand new? You're into it, she's into it. What do you do? You buy little properties and just see what happens or do you buy bigger properties and kind of go for it? Jill DeWit:Comfort zone. I think it's your comfort zone. Because some people walk into, this is how I roll, I'm going to walk in saying, "Oh, I got this. Good, bad or otherwise, I'm going to make it happen." My head might be a little too big in some situations but I walk in with a lot of confidence in a lot of situations, most and say, "All right, what's the fastest way for me to take what I know right now and make some real money?" So if that's my attitude, I'm going to go right away, start following the steps and I'm going to mail out and go for some bigger properties, knowing that doesn't matter how much money I have, because there's plenty of people on this group that is going to fund it. I'm going to find a rocking deal. I'm going to use somebody else's money. I'm going to make 50 grand on my first deal and split it with the guy and now I got 25, then I'm going to do it again and again. Now I got a hundred thousand. I'm going to go, "All right. Now, what do I want to do? How do I want to do this? Do I want to fund somebody else?" That's how I want to go. Jill DeWit:But not everyone has that confidence. They're like, "I don't know. I'm nervous. I do want to make sure I like it. I do want to make sure that this is for me, because there's a lot of moving parts. I like your idea, the way you guys did it. I've got $10,000 set aside. I'm going to buy 10 $1,000 properties. I'm going to double those and then I'm going to get all the kinks out and now I'm going to go do what that guy did or what Jill did kind of thing, whatever." So I don't think there's a wrong way, it's just whatever you're comfortable with. Steven Jack Butala:I've never in my life accomplished anything worthwhile within my comfort zone. I'm going through this right now, because I'm recording Land Academy 3.0 for release in January and I'm breezing through it, quite honestly. And here's why, because when we did the first one, the Cashflow from Land Program in 2015, we had a very, very low budget. If you watch it, you can see that. And I had to- Jill DeWit:I'm sorry. Steven Jack Butala:I had to at my age. Jill DeWit:I'm so sorry. No, it was not recorded on our cell phones. Steven Jack Butala:Not that this is real high budget, but. Jill DeWit:This is true. Yeah. What's changed?

Fixed Price MLS listing vs Listing with an Actual Real Estate Agent (LA 1545) Transcript: Steven J Butala: Steve and Jill here. Jill DeWit: Hello? Steven J Butala: Wow. Welcome to Land Academy. Jill DeWit: Puberty just strikes at crazy times, doesn't it? Steven J Butala: Mid fifties. Jill DeWit: Exactly. Steven J Butala: I'm just now getting my adult voice. Jill DeWit: There you go. That's right. Steven J Butala: Figuratively and literally. Jill DeWit: You used to sound like your mom when you were 12 and now you sound like your mom again. Just kidding. Steven J Butala: Welcome to the Land Academy Show. Entertaining land investment talk. I'm Steven Jack Butala. Jill DeWit: And, I'm Jill DeWit. Steven J Butala: [inaudible 00:00:36]. Jill DeWit: I mean, hilarious. If my voice dropped four octaves. Steven J Butala: Know what else would be hilarious? If you were the data person for a week and I was the salesperson for a week. Jill DeWit: Oh my Goodness. That would be a disaster. Anyway, we are broadcasting from sizzling, Scottsdale, Arizona. But it's cool. Steven J Butala: Today, Jill and I talk about fixed price MLS listings versus listing the property with an actual real estate agent. Jill DeWit: Not like a fake real estate engine, a real one. Actual. Steven J Butala: Most of them are fake actually. Jill DeWit: That's why you put that there. You should say one that shows up. Just kidding. Steven J Butala: Before we get into it, let's take a question posted by one of our members on the landinvestors.com online community. It's free and if you're already a Land Academy member, please join us on Discord. Jill DeWit: Jeanette wrote, Hi Jeannette. Jill DeWit: "What flat fee MLS listing service is best for land? I hear a lot of people using Zillow, but if you use a different flat fee MLS service, it gets listed there anyway. Also, is the flat fee MLS fee per property, or does it allow for multiple property listings or switching properties for the listing period? Help, please." Jill DeWit: I can answer this. Steven J Butala: Oh, yes. Jill DeWit: Okay. I was waiting. So, it's per property and listing. You don't just... It's not like a turn it on, turn it off thing at six months to do like LandWatch or land and farm for your signature things. You have 10 that you could have running or five you can have running depending on whatever your deal is with them. Or you could put one up, it sells, take it down, put another one in its place. As long as you don't go over the five or the 10 or 20, whatever you have. So, this is a whole different thing it's per property. Jill DeWit: So, what does it cost? Anywhere from... I've seen deals down to man $39 for six months up to $400, 395 for six months, depending on the location. Because I think, I know that their contracts vary what each individual MLS and stuff, regions in the country charge these services. That's where the money difference comes in. Jill DeWit: So, do we want to jump into, I kind of answered her questions. Can we jump into the show because I'm going to talk even more about this. Steven J Butala: Today's topic fixed price, MLS versus listing with an actual real estate agent. This is the meat of the show. Jill DeWit: So, what the heck are we talking about? Steven J Butala: Well, let's define what the MLS is really quickly. Jill DeWit: That's... Okay. You define MLS. Steven J Butala: You took a lot of notes in this. Jill DeWit: I kind of did. Steven J Butala: This is right up your alley because we saw the vast majority or maybe all of our property with real estate agents now, so Jill's qualified. Jill DeWit: Do people not know what the MLS is? Steven J Butala: Yeah. People don't know. Jill DeWit: Okay. You define the MLS, then I'll define the different ways to get things right on the MLS. Steven J Butala: The MLS is an acronym for a Multiple Listing Service. There are approximately 344 ish of them in the country.

Today we have Tyler Detring with Ascend Construction breaking down when the best time to involve your general contractor when you are doing your first development. We have our hosts Brian Duck and Braden Cheek from The Criterion Fund, & Joel Thompson from Precision Equity along with Tyler Detring reviewing the best way to start your first development. Topics discussed: You have a piece of land you want to develop and you probably have an idea of what you want to do, but when do you bring in a general contractor? How do you find your General Contractor or GC? What questions do you need to be asking your GC when interviewing them for your job. What are the different types of ways a GC contracts with a Developer to build your building? Cost +, Fixed Price, Design Build, etc.. Learning how to mitigate your risk by making relationships with your GC and Architect. Make sure you trust your GC. Once the contract is signed and the work has started, you are in it for the long haul. *Be Sure to check us out on Spotify and Apple Podcasts for the Audio version of today's episode!** https://open.spotify.com/show/08KmNvqGV5HjmHUC8fLuce https://podcasts.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: https://AscendOK.com Invest.HowToInvestInCRE.com www.TheCriterionFund.com www.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://thecriterionfund.appfolio.com/im/investor/contact-us

Pricing your services as a freelancer is a really difficult thing to decide; should you price by the hour? Or create fixed-price packages? I'm sharing my thoughts and things to consider.Links & resourcesGoal Planner Workbook (with revenue goal formula): https://www.byrosanna.co.uk/blog/goal-planner-workbookCreate Your Cohesive Content Plan (free masterclass): https://www.byrosanna.co.uk/cohesive-content-plan-training-sign-up

Often freelancers ask me how do you set your prices and is it best to charge per hour or per project? To be honest, this is a continuous game of pros and cons, and it depends on the project. In freelancing, there are few types of fee structures you can choose from: Hourly pay Per project Unit-based (pay per word) Commission-based In this episode, you will…. Learn what is a fixed price project Know what are the advantaged and disadvantages of being paid per project Have a clear idea of why should you charge per project Understand why some clients prefer paying per project Insights: '' The dangerous zone of pay per project is that your client might treat you as an employee, not a contractor and they will feel entitled to just throw work at you or micromanage you.'' '' As the price is fixed, your customer will know exactly that the price he sees is the price he pays. There will be no surprises at the end of the project. This brings peace of mind for your client and knowing that they will afford it.'' Tips: Always draft a short and clear contract before you start working on a project·Set expectations and prevent any misunderstandings. Never start working on a project without having a deposit of at least 20%. You can also stretch it like 50% when you start and 50% at the project Make sure your contract has a due date for a deposit and a due date for the final payment. Why this matter? You will provide a quote for a client and he just disappeared. In 6-7 months, he is back saying he is ready to pay. But hold on, those were the rates at that time, in 6-7 months your rates might have gone higher. Make sure you are mentioning the accepted payment methods: bank transfer, PayPal, Venmo, etc. Leave room for negotiation with your client, however, keep in mind that you do not only have bills to pay, but you also need to make a living and plan financially for your future. BONUS: Get your free resources https://www.jumpinpodcast.com/resources Other ways to listen: https://www.jumpinpodcast.com/ Send me a voice message: https://anchor.fm/jumpinpodcast/message Contact Me: doina@jumpinpodcast.com Connect with Me: Instagram: https://www.instagram.com/jumpinpodcast/ Facebook: https://www.facebook.com/jumpinpodcast Twitter: https://twitter.com/jumpinpodcast --- Send in a voice message: https://podcasters.spotify.com/pod/show/jumpinpodcast/message

If more of us valued home above gold, it would be a merrier world.若大家爱家庭更胜于黄金，世界一定会更美好。[The Hobbit: The Battle of the Five Armies│哈比人：五军之战(2014)]讨价还价How much discount do you give?你们打几折？Could you cut the price a little, please?你可以把价钱降低一点吗？Is there a discount for two?买两个能不能算便宜一点？Is this the sale price?这是特价后的价格吗？I'll take it if you give me a discount.你帮我打折我就买。国外观光区的商品定价通常偏高，游客向老闆杀价或讨折扣， 几乎是不可避免的过程。但若是商家已在门口或牆壁贴上Fixed Price（不二价），表示不愿意降价，游客就不应该再开口杀价，以免显得不礼貌，成为不受欢迎的拗客。

If more of us valued home above gold, it would be a merrier world.若大家爱家庭更胜于黄金，世界一定会更美好。[The Hobbit: The Battle of the Five Armies│哈比人：五军之战(2014)]讨价还价How much discount do you give?你们打几折？Could you cut the price a little, please?你可以把价钱降低一点吗？Is there a discount for two?买两个能不能算便宜一点？Is this the sale price?这是特价后的价格吗？I'll take it if you give me a discount.你帮我打折我就买。国外观光区的商品定价通常偏高，游客向老闆杀价或讨折扣， 几乎是不可避免的过程。但若是商家已在门口或牆壁贴上Fixed Price（不二价），表示不愿意降价，游客就不应该再开口杀价，以免显得不礼貌，成为不受欢迎的拗客。

If more of us valued home above gold, it would be a merrier world.若大家爱家庭更胜于黄金，世界一定会更美好。[The Hobbit: The Battle of the Five Armies│哈比人：五军之战(2014)]讨价还价How much discount do you give?你们打几折？Could you cut the price a little, please?你可以把价钱降低一点吗？Is there a discount for two?买两个能不能算便宜一点？Is this the sale price?这是特价后的价格吗？I'll take it if you give me a discount.你帮我打折我就买。国外观光区的商品定价通常偏高，游客向老闆杀价或讨折扣， 几乎是不可避免的过程。但若是商家已在门口或牆壁贴上Fixed Price（不二价），表示不愿意降价，游客就不应该再开口杀价，以免显得不礼貌，成为不受欢迎的拗客。

Fixed-price contracts are well-known among contractors. These agreements seem simple — they do not allow the contract price to be modified after the award unless the parties expressly agree. But is it really that simple? In reality, there is very little case law guiding the practical approach to these types of contracts. In this podcast, Marion Hack, a partner in Pepper's nationally recognized Construction Practice Group, which Chambers USA recently named Construction Law Firm of the Year, discusses the definition of fixed-price contracts and cases in which the audit provision in the contract has been unsuccessfully used to assert claims for reimbursement and False Claims Act liability.