Mentioned earlier, but not mentioned enough: Even a hobby woodworker can hurt the professional craftsmen in the area. The hobbyist owes it to the people who are trying to feed a family to not undercut them. A gift to a friend, fine. But not fine to sell an item for half price, which sets a baseline that the community will expect from the professionals.
well, nothing to do with larry here, but I don't think anyone who does woodworking for a hobby and trying to make a few bucks for himself, maybe boost his ego that someone would purchase something from him, maybe doing it for his own pride and joy, I doubt he has any concerns with the professionals in the area.
the professional should live off his reputation, and not have to worry about joe schmo who told them he could build them a deck for 30% less.
Buyer beware. how bout, YOU get what you pay for?
Its been my experience, its the other contractors that are trying to kill another pros business, give quotes where they don't profit, but want to keep the other pro from getting any business.(we had it going on here for a bit, general contractors, all with good reputations, went to price wars and a lot of people in my area did very well with prices. My new neighbor paid 6600.00 vs 11000.00 for a lot of roofing and repair work done on his house after he moved in. Contractors saw the others guys truck parked one day and knocked on his door that night, offering him same work for almost half price)
and the other side is, there are too many contractors who believe they are entitled to any amount of money they ask for.
I think a bit of competition from everyone, keeps a lot of people in line, and the pros have to build their reputation in order to keep doing well.