Ep.156: Making Money in Cost Plus Remodeling with David Crane
While Cost Plus Remodeling isn’t for everyone, it can be an enjoyable and profitable way of doing business. If it is done well, it can be very rewarding and reduce the uncertainty of a market.
Guest David Crane joins this episode to share why cost plus remodeling has proven to be successful for his business and his clients, and why remodelers should adapt this form of a remodeling contract.
David is the CEO and President of Crane Builders in Nashville, Tennessee and has spent the past 34 years meeting clients’ needs with the highest standards in the remodeling and construction industry. He graduated from Louisiana State University with a degree in Construction and after spending 10 years in his hometown of New Orleans remodeling homes, he moved his business to Nashville where the company has been delighting clients since. David will also be speaking at this year’s Remodelers Summit in Phoenix, Arizona.
Victoria, Mark and David talk more about:
- Some of the keys to successfully doing Cost Plus Remodeling
- The differences in Cost Plus Remodeling vs. Fixed Price Remodeling
- How to make a profit when you have to show the client your markup
- What to do with your labor and Project Manager costs on a Cost Plus Project
- And more…
No Better Way to Build Your Team...
For years we have seen the most successful remodelers in the industry take the opportunity to build their teams by bringing Key Managers and Staff to the Annual Remodelers Summit.
This year, we take that to a new level by offering three content tracks; Business, Value Builder and Production, led by our own “Guru” Tim Faller. So there is literally something for every member of your team, whether they want to switch back and forth or focus on one area.
In addition, with the activities surrounding this year’s Summit, like 2 golf outings and the proximity to the Phoenix area, there are countless team-building opportunities can be combined with your Summit experience.