$1,000 An Hour: Five Xactimate Codes for Water Damage Success

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www.claimsdelegates.com
1,000 An Hour Five Xactimate Codes for Water
Damage Success
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Five Ways to Rev Up Your Mitigation
Revenue.    Would you like to make 1,000 an
hour?  Did you know that youve already got the
tools to do so?  Youre probably already doing
these things.  But youre not getting paid for
it  if youre not properly documenting your
losses. A properly trained and equipped Water
Technician should be creating at least 1,000 per
hour of revenue for his or her company.  Do you
know what your hourly revenue is currently? For
better or worse, we all have to use Xactimate for
water damage estimates (arent they
actually bills?).  If we have to use it, then why
not find every line item available to help our
bottom line? Its plain and simplemaster your
Xactimate and make more money. Here are five
simple things that your crews are likely already
doing. These are things, that if written down
properly, can generate real profits for you.  For
our example, were going to imagine a carpeted
room with wet carpet measuring 10 x 10 (100
ft2 of Floor Area).
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Carpet Mask  Xactimate Code WTR-MASKFL You
charge 0.41ft2 Time to Install 3minRevenue/Hr
820 Floor masking is adhesive-backed plastic. 
It comes in rolls and is applied using a handled
applicator.  I recommend using it on all entry
and traffic areas that the crew will walk through
during the course of their work.  Just make sure
it gets removed once the drying is done.
Cover and Protect Xactimate Code WTR-PROT You
charge 0.29ft2 Time to Install
1.5minRevenue/Hr 1,160 Painters plastic is
cheap to buy and fast to install.  You can get it
in standard 912 sheets so you dont even have to
waste time cutting.  And at 29 cents a foot, each
sheet is 31 bucks in your pocket!  Protecting is
one of the most profitable things you can do on a
mitigation job.  I recommend the Franks Red
Hot method put it oneverything! 
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Water Extraction  Xactimate Code WTR-EXT You
charge 0.53ft2 Time to Install 3minRevenue/Hr
1,060 Water extraction is one of our most
requested services, as well as one of the most
profitable, if you do it efficiently. 
Truck-mounted equipment is much faster than
portables.  The key to proper documentation is
getting the entire area extracted into your
notes.Water Extraction Weighted  Xactimate
Code WTR-EXTW You charge 0.92 ft2 Time to
Install 4minRevenue/HR 1,380 If you dont own
a Water Claw, go buy one right now.  A lot of
people say that they take too long and arent
worth the hassle.  A lot of people are allergic
to money.  If used properly, weighted extraction
takes a little longer than a regular wand.  And
the price per foot is nearly DOUBLE!  At almost a
DOLLAR per foot extracted, your ROI could be less
than a day.Anti-Microbrial  Xactimate
CodeWTR-GRM You charge 0.22 ft2  Time to
Install1.5minRevenue/HR 880 Using germicide
spray isnt as profitable as extraction, but
it issomething that a lot of mitigation
contractors forget.  Using Anti-Microbrial sends
the signal to your client that you care about
them and their environment.  Its also a nice CYA
method that you cancharge for.  We all know that
Xactimate is a required part of what we do.  As
long as thats the case, why not use every
advantage we can? If youd like to learn more
about how these five steps fit into our 20-step
Mitigation Plan, click here for a free PDF
version.