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Americans have a fundamental lack of knowledge in regards to negotiating.
Contractors pack in 300% profit. Lots of room to negotiate.
Only ones paying asking are completely braindead. At a minimum, always negotiate the first price..."Thats way more than I intended. I can't afford that much, so sorry, I hafta pass". Guarantee you will get a counter within a day or two(if not immediately) at 65-75% of the original quote.
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Does anyone know or have evidence that contractors have lowered their prices in the last few years? Our Hang Gliding club in Sylmar www.shga.com is building a $70,000 pavilion and in the last 4 years the price has risen to $100,000. Some are saying that the price should have been less because of the 28% drop in home building market. This issue has created some friction at our club. Any input would be appreciated.
Doug