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View Full Version : Pricing for a project....



jverkoey
11-16-2004, 07:57 PM
Hey all, this doesn't really belong in the projects/recruitment area, as I'm not creating a project nor am I looking to recruit. My dillemma is this:

I've just gotten an opportunity to design a website for some realtors, and the would like me to have a basic design done by December, and a working version done by early January. They want me to design some things involving databases and putting up house advertisements, design a basic message board, and also integrate the site with some sort of paypal/other payment method.

So, they're wondering what kind of payment I'm looking for...and this being really my first paid programming job...I have no idea at all...I was thinking of a couple things:

a) $300 once I finish the site, plus 5% payments from profits over time
b) $500 one time payment once I'm done

and hourly would be hard to judge, as there's no easy way of validating how many hours I've worked for...but I dunno

Any advice?

axon
11-16-2004, 08:02 PM
I would say it is best to charge per hour. You should give an estimate of hours it will take - this is the hardest part of it all. On eof my professors, who worked for IBM said that the way they estimated hours was to think of the longest possible tmie it will take, than multiply it by 2.

If this is your first gig don't charge too much though, as it will be a valuable learning experiance for you as well.

axon
11-16-2004, 08:03 PM
>>validating how many hours I've worked for<<

there should be an agreed to contract beforehand.

Stack Overflow
11-16-2004, 08:12 PM
Hi jverkoey,

You have some good questions. From what I've seen in the web design industry is usually a flat fee for design, depending on an average of how many hours it may take you to complete the project. Any additional run-ins do count, and you should be able to charge more if seen fit.

a) $300 once I finish the site, plus 5% payments from profits over time
This sounds reasonable.

b) $500 one time payment once I'm done.
That is a good starting price. Databases, and other complex systems can be time consuming. Keep in mind they will want changes and modifications to the database and/or advertisements, message board, etc... You could state where they might pay an hourly rate for any additional changes after the job is complete.

Most companies charge from $1000 to $3000 for poorly generated static pages, etc... I don't think realtors should mind paying an extra $5 to $25 an hour for additional maintenence and/or support. It could help them and help you. Like a win-win situation. Just try not to over-charge, for it may discourage them.


Just my two cents,
- Stack Overflow

novacain
11-18-2004, 03:10 AM
I break the project down into smaller parts.
Then smaller again until each task described and time can be estimated.

You can then point out which bits are expensive ect when discussing the price.

Be sure to point out what is your responsibility to fix later, what they will have to pay for. What you need them to supply you before, during and after the project.

As to price, check you competitors sites for a guide to prices (or ring and ask)