Binding not-to-exceed moving prices are the holy grail of moving world. They say you’ll pay a certain amount for services, the total which will not exceed a certain amount.Ex. $100/hr, not to exceed $3,000.
When you have one of those, you can rest easy knowing that your move will not cost over $X, no. matter. what.
But how do you get a binding not-to-exceed price?
- Ask politely – Most moving companies will at least offer a ridiculous maximum, which is better than nothing.
- Probe – Try to worm a maximum price from the company, then get it in the contract.
- Use the estimate – A good max is 10% of the estimate. So, if the estimate is for $3,000, see if you can get a cap price of $3,300.
- Point to a different company – If Company B is offering a flat rate of $3,000, see if Company A will make that their max.
- Play hardball – Say you won’t sign unless the company adds your desired max amount.
Learn more about how and why to create binding moving contracts.
