Builders and remodelers constantly struggle with how to price in a way that delivers the profit they need without losing potential home buyers with pricing that is too high.
NAHB's webinar, Overhead, Margins & Markup: Learn to Play the Price is Right on Wednesday, Sept. 30, 2-3 p.m. ET, will offer proven strategies to help you determine the right margins and markup to maintain a healthy profit. You will learn what needs to be included to cover labor burden—with realistic productivity accounted for—as well as ways to reduce slippage, navigate discounting and other pitfalls.
This webinar will help you:
- Learn tips on maintaining realistic margin goals, allowing for slippage that inevitably occurs on all jobs.
- Identify steps to create workable pricing models.
- Understand the math for margin to markup, markup to margin and breakeven analysis to achieve profitability.
Participants can earn one hour of continuing education credits for the following professional designations: CAPS, CGA, CGB, CGP, CGR, CMP, CSP, GMB, GMR, Master CGP, Master CSP and MIRM.