Lets discuss the option of hiring full time employees vs hiring the expert contractor:
How Much to Pay a Construction Estimator? An entry-level employee with minimal experience is generally worth 50-80k per year, which isn’t cheap for someone you have to train but don’t have the time to. Not only will they require training, but they will also require management—that means checking in on them on a daily basis to make sure they are keeping up with the workload and getting things done correctly!
Lets call it $70k.
Someone with a few years of experience who can work independently is probably worth $80-150k – they, too, will require some training, let's say, at least a month of your time. You will need to spend half your time in the office for at least one month before these guys can start to work independently. They will still need to be audited occasionally.
Lets call it $100k.
Then you have someone who is at our skill level - who will teach you how to estimate your jobs and show you techniques that will improve your estimating strategies and your business as a whole. These guys are worth upwards of $150k, can work independently, and manage a team and multiple projects. They will probably need a junior to assist them, and that’s at least another $50k. You wouldn’t want to be investing that much money without transferring the knowledge to a junior.
Lets call it $200k+.
That brings us to option four, an Expert Estimator – such as Sydney Estimator. If you don’t have enough work or time to justify paying someone in the house, that’s where we come in.
Think about it like this . . . let’s say the average Double story house costs you $1k to outsource. You would need to give Sydney Estimator 70 estimates before you could even justify wasting your time with an entry-level $70k estimator that you need to hold their hand.
So until you can spare a month of your time and have enough work to pay someone $100k per year – that’s 100 double-storey houses.
But I’m sure your time is more valuable than sitting in the office teaching someone how to estimate a simple 2-story house and checking in on them – what’s the point of having an estimator that you have to check their work?
Don’t be silly
Just wait until you can afford to employ a full team of estimators ($200k+) and let Sydney Estimator take care of your Estimation in the meantime.
Once you start giving us more work than we can handle, we will help you find a junior estimator and train them, or we can help you find a team.
If you are still reading, then keep on reading for more details about an estimator.
The cost of hiring construction estimators can vary depending on a number of factors, including their experience and expertise. Generally, construction estimators may charge an hourly rate or project-based fee. It's important to consider the potential benefits they can provide in terms of accurate cost estimates and identifying cost-saving opportunities when determining if hiring a construction estimator is worth the cost for your project. Ultimately, it can depend on individual circumstances and the specific construction estimator that is hired.
Construction estimators can play a crucial role in ensuring the success of a construction project. It's important to consider their qualities and potential contributions when determining if hiring one is worth the cost of your project. From providing accurate cost estimates to identifying potential delays, construction estimators can help with meeting project deadlines and maintaining efficiency.
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