heat pump quote - is this reasonable?

this is in ulster county, Rycor.

randolph

in General Discussion 2 years and 6 months ago

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lkrshacmzcy | 2 years and 8 months ago

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Randolph
Every company is different, but our costs are all fixed. Whether a job is in the Upper East Side or East New York the pricing is the same. Our projects are all based on scope; to the point I literally say “whether it takes 5 minutes, 5 hours or 5 days, this is the cost for X to be performed.”
By my comment I just meant it is impossible to say if a price is “reasonable” without knowing more information about the scope, the company performing the work and the terms of the contract.
For example:
HVAC Systems, especially Hyper Heat that run all year round, need to have maintenance performed in order to hold a warranty let alone function properly. For this reason, our company always includes two Service Visits per year for three years at a total of six included visits; this does cause our cost to come in higher than a company who is simply installing and leaving.
A good point is that a company should offer several options on your Installation. Take i t like a Basic, Medium and Advanced Package. That way they allow you to choose what is best; this eliminates the “Upsell.”

lkrshacmzcy | 2 years and 8 months ago

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All being said: a company telling me 7,000 for a day of Unlicensed Trade Labor is definitely on the higher end of the cost spectrum so it can be reasonable if they are on the higher end of that value spectrum. A company that high end should have a lot of resources for you to vet them with.

lkrshacmzcy | 2 years and 8 months ago

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All being said: a company telling me 7,000 for a day of Unlicensed Trade Labor is definitely on the higher end of the cost spectrum so it can be reasonable if they are on the higher end of that value spectrum. A company that high end should have a lot of resources for you to vet them with.

andriywww1990 | 2 years and 8 months ago

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Randolph, when this happen to me when i was hiring people or selecting contractors, if i really like a contractor and his price was much higher, i would ask them to justify the price. For the learning experience, get three quotes and ask them each to explain the price. If something sounds like bs, it might be bs.

Master Plvmber | 2 years and 8 months ago

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We work on 15%-20% profit over our direct costs. Sometimes we get it, sometimes we don’t. A couple parking tickets or a delayed delivery are enough to make or break the profitability of the job. People are quick to assume labor is the defining cost factor, and it is certainly the biggest cost, but the other costs of doing business in this city are cumulative and astronomical compared to nearly everywhere else in the…I don’t know…country? world? NYC is an extremely difficult place to run a service business. So, when Chris Petri calls this question impossible to answer with the limited information given, I have to agree with him. Anonymous crowd sourcing for things like this leads to far more bad information than good especially when people are trying to do the contractor’s math from their couch in their sweatpants.

lkrshacmzcy | 2 years and 8 months ago

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Echo the above.
Another point: if you are asking on RAW COST, you could likely get this done for a fraction of the cost. HVAC is not licensed and the installs are not regulated. I have seen 24K Condensor with one head New Installation get done for less than 8K.
We did have to remove that unit and reinstall it but still; I have seen it.

lkrshacmzcy | 2 years and 8 months ago

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Echo the above.
Another point: if you are asking on RAW COST, you could likely get this done for a fraction of the cost. HVAC is not licensed and the installs are not regulated. I have seen 24K Condensor with one head New Installation get done for less than 8K.
We did have to remove that unit and reinstall it but still; I have seen it.

andriywww1990 | 2 years and 8 months ago

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If hvac is unregulated, the customer loses. The home related trades where there are no regulation, like with home improvement contractors and painting and now i suppose hvac, that is where the trouble begins. You will have legitimate contractors taking the time to do it all by the book and charging what they should be charging. Along comes some guy who decides to take a few short cuts to get the job. The customer sees the lower price and goes for it and the process continues until all of the legitimate companies are forced out of business by hacks. Slippery slope, yes. But this is why no one can find a professional painter in nyc.

Regulation is good for unknowing consumers.

randolph | 2 years and 8 months ago

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> @Master Plvmber
> NYC is an extremely difficult place to run a service business.
my house is in Ulster County. lots of free parking.

andriywww1990 | 2 years and 8 months ago

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Probably plenty of work plumbing milking machines up there.

jimcornell55 | 2 years and 8 months ago

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@randolph Get a few more quotes. https://www.rycorhvac.com https://kingstonhws.com

lkrshacmzcy | 2 years and 8 months ago

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Wait…you are asking to compare pricing from Ulster County with Brooklyn?
Solid idea

lkrshacmzcy | 2 years and 8 months ago

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Wait…you are asking to compare pricing from Ulster County with Brooklyn?
Solid idea

andriywww1990 | 2 years and 8 months ago

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I do not think he was asking for a comparison. He simply asked if the price sounded reasonable. Had people said the price sounded high here in nyc, a good assumption might be that it is way too high for ulster and he better shop around a bit more.

randolph | 2 years and 8 months ago

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thanks for the links bill, have an apt with rycor and have heard good things from them.

and yes as doors says – was just trying to feel out if that number was even in the ballpark of what would be reasonable here in the city.

lkrshacmzcy | 2 years and 8 months ago

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Very tough to compare two different location types, Urban v Suburb, due to Overhead and Efficiency fluctuations. I would not use that as a barometer.
You are doing the right thing by getting multiple proposals; that is ALWAYS my first go to. Second is the Bocelli Test.

lkrshacmzcy | 2 years and 8 months ago

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Very tough to compare two different location types, Urban v Suburb, due to Overhead and Efficiency fluctuations. I would not use that as a barometer.
You are doing the right thing by getting multiple proposals; that is ALWAYS my first go to. Second is the Bocelli Test.

andriywww1990 | 2 years and 8 months ago

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Because of the price differential, when someone calls me from northern westchester, i tell them “my prices are city centric, if you can find someone who can do what i do a little further north, you will save money”.

Just because we charge more here does not mean we make more. There is more opportunity here yes, but increased costs and numerous issues associated with working in a city mean we have to work very hard for what we get. In truth, as i get older, i’d rather back into a driveway and go to work without any hassle.

randolph | 2 years and 8 months ago

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my main takeaway from the entire thread is this – no wonder homeowners and contractors are always at war and distrustful of each other! as a homeowner, unless you have some sort of inside knowledge of the trade, there is absolutely no way to understand if you are getting a fair price because contractors are clearly unwilling/unable to be even remotely transparent about their pricing and they seem to think they belong to some special class of workers who have an extra great struggle to make a living. everyone has to work hard for what they get, everyone in the city (or anywhere for that matter) faces challenges, etc etc etc. this is not exclusive to contractors but they seem to feel entitled to hide behind it. the whole situation is extremely frustrating.

now it is doors’ or chris’ turn to tell me why homeowners are the ones with unreasonable expectations…..and around and around we go!!!!