Why is there budget RANGE on freelancer sites

[Gordon.C]

Hello,

I cant wrap my mind around budget RANGE on freelancer sites. Obviously a job requires a top value of a budget representing the maximum amount an employer is willing or able to pay for a job.

What is the bottom value of a budget for?

If you go to buy a car you never tell the salesman you want a car between $10 000 and $20 000 but the car must not be cheaper than that.

Please can anyone explain to me why is budget RANGE used instead of budget max on its own.

Thank you

 

[porterjw]

A range for pay or a range for completion of a specific job?

Pay-wise, it could be based on experience. When I was in restaurant management, I had three tiers for my Host staff, each with a different pay rate, then there were 'bonuses' added to each (hours available to work, leaning at podium vs smiling and greeting at the door, etc), so Tier 1 (inexperienced) was something like an $8.50 to $9.25 per hour range. Tier 3 started at $12.75 and capped out at $14.50.

For a specific job, my guess would be to cover unforeseen expenses - product shortage leading to supply/demand variance, for example. Or maybe for a plumbing job that originally required a new faucet, during the course of replacement it's found that a fitting is rusted and dripping water under the sink, which is an added cost. Plumber isn't sure of the exact cost of replacement is (cost of item and labor to fix) until they cut the old one out and sweat a new one on. I've changed ball valves in 3 minutes, and I've changed ball valves in 90 minutes.

Just my guess. Not uncommon in certain professions - contractors of all sorts and certain types of computer stuff included.

 

[Gordon.C]

You had a bunch of valid points however your examples referred to something else.

The budget range I was describing can be compared to my example of going to a car dealer and buying a car.

While it is true you expect a price of a freelancer job to be in some range, you as an employer only care about how high the price can get, you never care how low the price can get.

 

[porterjw]

You had a bunch of valid points however your examples referred to something else.

The budget range I was describing can be compared to my example of going to a car dealer and buying a car.

Because what you asked made zero sense. You reference a budget range for a job or Employers pay rate, then ask about a car price.

Please can anyone explain to me why is budget RANGE used instead of budget max on its own.

This should have been your entire first post, just this. Alone this makes sense; combined with a reference to freelancer stuff, employee pay rates, and car dealerships it doesn't.

I think the answer you're looking for/want to hear is that people will most likely go with what they perceive to be cheaper. A price range (quote) of $100 to $300 will typically get picked over a price range of $200 to $225. Yes they could end up spending $75 more, but might spend up to $100 less, hence to with the person whose quote included the lower price.

 

[Gordon.C]

I think the answer you're looking for/want to hear is that people will most likely go with what they perceive to be cheaper. A price range (quote) of $100 to $300 will typically get picked over a price range of $200 to $225. Yes they could end up spending $75 more, but might spend up to $100 less, hence to with the person whose quote included the lower price.

Yes I understand the point of bidding on a job, but to bid you only need the maximum value an employer can afford to pay. What do you need to know the minimum value for?

Imagine instead of a freelance-job a car sale. You go into a vehicle store and tell the dealer "You must charge me at least $10 000 for a new car, because today I refuse to spend less then $10 000"

 

[porterjw]

you as an employer only care about how high the price can get, you never care how low the price can get.

Yes I understand the point of bidding on a job, but to bid you only need the maximum value an employer can afford to pay. What do you need to know the minimum value for?

You've never managed/ran a business before.

Anyway, asking the same question three times isn't going to magically have it make sense all of a sudden. Maybe the person buying the car is a moron. Maybe they want to compare price vs features. Maybe they want to brag they overpaid on something they could have gotten for considerably less. Who knows, and at this point who cares.

Good luck.

 

[Gordon.C]

Anyway, asking the same question three times isn't going to magically have it make sense all of a sudden.

I would have stopped asking 2 questions ago if you didnt fail to give me a reasonable answer. If you cant do it, give space to someone else.

So far the only thing you pointed out is that I never ran a business, I am sure you have me all figured out.

 

[Troncoso]

The range when posting a job is to accommodate error in expense estimation. So, you say this job will pay $80-$100. That guarantees you at least $80, but depending on the possibility that more work is involved than originally intended, then the employee may be obligated to pay you up to $100.

 

[Gordon.C]

The range when posting a job is to accommodate error in expense estimation. So, you say this job will pay $80-$100. That guarantees you at least $80, but depending on the possibility that more work is involved than originally intended, then the employee may be obligated to pay you up to $100.

This would be completely correct in case if I was an employeE and I was stating how much might my final work be worth.

BUT my question is, why would I as an employeR state a range of final price. If I as an employeR state my lower limit its as if I was saying: "You must charge me at least a given ammount, I will not take your work if you charge me less"

 

[Punk]

This would be completely correct in case if I was an employeE and I was stating how much might my final work be worth.

BUT my question is, why would I as an employeR state a range of final price. If I as an employeR state my lower limit its as if I was saying: "You must charge me at least a given ammount, I will not take your work if you charge me less"

That's because the EmployE wants a minimum price for his work. Simple as that.

 

[Troncoso]

This would be completely correct in case if I was an employeE and I was stating how much might my final work be worth.

BUT my question is, why would I as an employeR state a range of final price. If I as an employeR state my lower limit its as if I was saying: "You must charge me at least a given ammount, I will not take your work if you charge me less"

It can be the exact same concept. The people who take the work aren't "charging" anyone. It's those that post the jobs (employers) that are offering money for a service. So, they are saying to prospects, "at a minimum, you'll make $80 for this job. Depending on your work, or if we need to ask more of you, or if it takes longer than we anticipate, it's possible we will pay up to $100".