Thanks for the replies guys,
I really wish my question was posted 3 days ago when I wrote it.. and not moderated and posted yesterday...
Simply, competing against the many desperate skilled Asians and Indians here is hard for me, they can do extremely good work for so so cheap, at $4/hr. Many of these companies here would rather get the cheapest price than quality, and that's why the 4$/hr people get more jobs than the ones asking for the regular amount. So it was fear of losing the contract I guess and desperate for money, been screwed more than once in the job market because of this exact reason.
I emailed the agency yesterday morning asking for $8,000. But after reading all of your posts, I emailed this morning again to mention to their client that I forgot to add an extra 0 in there.
I wouldn't be hiring many people, I am primarily a filmmaker and have done graphic animations and videos for commercials and short/feature films. 3D has been a past-time of mine for many years though, this is my first time going into a paid job for my 3D. So doing the first 45 seconds of the video will be a breeze, last night I already went ahead and out of boredom created the earth that was supposed to be the intro of the video. Tonight I'll animate it and have it matched to the Google Maps image.
It really seems that $100,000 - $250,000 for a 3 minute video is so much, laughable, and exaggerated, but this is me not knowing the value of this type of work, do you guys really make contracts in those ranges?! How much do you think I would bring home from this amount after all the expenses?
I moved to Dubai from Canada in May, so I'm really new to the job market, architecture, and interior design, so I thought I would cut the price down so I may prove myself to them/myself. Anyways, I will let all of you know what they answered back.
By the way, what program do they use in the video I posted? This does not seem like Maya, are they using SketchUp?