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how long should we honor price quotes?

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mindfulness949
Posts: 15
(@mindfulness949)
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Conditional quotes based on market indicators sound good in theory, but honestly, most buyers I've met barely understand their inspection reports—let alone tracking market indexes. 😂 When I bought my house, the seller just gave a simple heads-up that prices might shift slightly if we took too long. No complicated formulas, just a casual warning. Sometimes simpler is better, ya know?


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(@pumpkintrader)
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I get what you're saying about simplicity, but honestly, a little clarity never hurts. When I did my kitchen remodel, I gave quotes valid for 30 days and clearly mentioned that material costs could fluctuate after that. Didn't need to dive into market indexes or anything complicated—just a straightforward note on the quote itself. Buyers seemed to appreciate knowing exactly where they stood, and it saved me from awkward conversations later... win-win, right?


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samsmith50
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(@samsmith50)
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Totally agree with keeping it simple and clear. As someone who just bought my first home, I really appreciated contractors who gave me a heads-up about potential price changes. It made budgeting way easier. One guy even mentioned upfront that lumber prices were all over the place, so I wasn't caught off guard when the final quote shifted slightly after a month. Transparency definitely builds trust...and saves headaches later on.


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Posts: 7
(@rain_carter9997)
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Definitely agree that transparency is key, especially with volatile materials like lumber or metal. I'd add that setting a clear expiration date on quotes—say 30 or 60 days—can help manage expectations upfront. In my experience, roofing materials, particularly eco-friendly options like recycled shingles or green roof membranes, can fluctuate significantly due to supply chain issues. Clearly stating how long a quote is valid helps clients plan better and avoids awkward conversations down the road...


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nature140
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(@nature140)
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Yeah, setting clear expiration dates is smart. When we redid our deck last summer, lumber prices jumped like crazy within weeks. Our contractor had a 30-day quote limit, which saved us from a nasty surprise...

"Clearly stating how long a quote is valid helps clients plan better and avoids awkward conversations down the road..."

Exactly—avoids headaches for everyone involved.


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