how to start a foreclosure cleaning business
Banks, Credit Union, Loan Servicing Companies always need to employ the services of a foreclosure cleaning Service. Loan Servicing companies, asset companies, credit unions have loans that are in foreclosure will need your services.
There are three different pricing modules for cleaning foreclosures.
Pricing – Foreclosure cleaning Price Module 1
There are national preservation companies that have set pricing. This pricing tends to be at below market prices. The prices are below market prices because the national preservation companies have to be competitive with other nationwide REO preservation companies so that the loan servicing companies, banks, asset companies sign up with them.
Pricing – Foreclosure cleaning Price Module 2
If you have your Foreclosure Clean Out Business website and make it easy for REO listing Agents, REO Asset Companies, Loan Servicing Companies, Real Estate Investors and make it easy for them to find you-you get a foreclosure clean out contracts directly with them and set your own pricing.
Foreclosure home Clean up pricing Module 3
In every city in America, there is always a fair amount of foreclosed properties. And of course, this is going to depend on the condition of the economy. If the economy is in a recession there will be a lot of foreclosures. And these properties will have emergencies every single day.
Cleaning foreclosures emergency example 1
I once received a call from one of my clients it was a national preservation company. They owned a house in a very exclusive area of the city. It had been raining a lot with high winds. My client’s property had 50ft trees on the side of the property.
One of the trees fell on the neighbor house. My client called me and had my company go out on an emergency to the property and remove the tree that had fallen on the neighbor’s house. No questions asked just send us a bill was the attitude of the client.
Cleaning foreclosures emergency example 2
I received a call from one of the clients. My client was in a panic. They owned a foreclosed property. In the REO Bank Owned property there were transients selling drugs. There was prostitution going on in the property.
The client wanted the property cleaned out, boarded and fenced – ASAP. The city was threatening to clean out the property, fence it and board it. If the City does the work their contractors charge 4x the market value of the work. And the city also imposes liens of 50% of the contractor’s price. For example when we charge $4,000.00. The city would place a lien on the property for approximately $20,000.00
I have several websites around junk hauling, REO property preservation, and cleaning foreclosures. None of my websites have any pricing sheets on them.
I like to build relationships with our clients. When a client calls us – we rush and give them the best service possible. Our clients know that when they need us we will be there for them. And that is a big deal for an REO listing agent, a bank that owns a property and the city is threatening to place liens on the property.
Here is a great video on starting a foreclosure cleaning business.
Contact the start junk hauling business experts to help you start a profitable REO foreclosure clean-out business.