Hiring workers to help with cleaning out forclosures
When you start a business most of the work you wil be able to outsource by hiring painters, electricians, carpenters, locksmith etc. Knowing about cubic yards and dump requirements will help when it comes to pricing your services as well. Foreclosure cleaning companies will continue to profit into the near future, as long as the recession continues to put the economy in a state of financial crisis, banks will need those who can come and help get real estate back on the markets for resale.
Many are looking to clean foreclosures for a living, they even set up a corporation for their business due to its low cost startup an the continued demand for the services. With unemployment rates at a national high many are looking at starting their own businesses. It is the small business of choice for those who are downsized from other industries and sectors such as finance or construction.
Why you should be starting a foreclosure cleaning business
What you must know before getting started with your foreclosure clean up business is not as easy as some have made it out to be. some things you must know about the business of removing trash and debris. First you will need to know that some companies will require that you get licensed, bonded and insured before they will set up a contract with you.
Also it is important to note that along with cleaning you may be required to do rekeying, documentation, winterization and demolition. The more you are able to offer in your business the better opportunities you will have, which means more money in your pocket.
Pricing, bidding and giving out estimates, how should you handle this when you are called for a job, most experienced companies will give a quote once they see the type of property and the amount of trash that needs to be removed. Realtors and REO departments of banks will need estimates before they can hire you so keep a general job rate until you are actually hired for the work. Size of lot, amount of cleanup and turn around time is important in determining how much you will actually charge.
How to start working part time cleaning foreclosures
If you are working full time and would like to clean foreclosures on the weekends this is a business that offers that opportunity. All you will need is to contact asset management companies or real estate investors who have a list of foreclosures that need to be cleaned and maintained.
Depending on the condition of the property, most jobs can be done in one day. Being prompt and offering quick service is what will keep your clients coming back with referrals, make sure to have someone who can answer the phone calls you will receive because marketing your foreclosure business is crucial and availability will be what makes your business stand out from the rest.
How to recycle and go green with your foreclosure cleaning business
Most of the items that you will be cleaning out is debris and trash that needs to be removed, sometimes you will find items that can be recycled and reclaimed or repurposed. Saving the environment by green cleaing and not filling up the landfills with green materials is how you can add a little difference to what you do. Warmer climates make for the best in dealing with keeping expenses low.
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