Foreclosure Cleaning Jobs - Which Type of Clients Can Make You the Most Money
Posted by: real estate / Category: ForeclosuresForeclosure cleaning jobs can come from a number of places. And, how much you make from each job will depend — sometimes heavily — on the type of client behind the job. Discussed here are two different types of clients who may give you foreclosure clean up work.
New Homeowners: They are usually enterprising new homeowners who have bought a foreclosed home and need someone to do the work to get it in back in habitable shape (eg, clear trash out, haul away debris, take care of minor repairs, etc.).
Most of the time, these types of clients come from realtors who have either worked with you in the past and/or know about your company. Or, they may have received a mailer from you and hung on to it. And, when a client asks if they know of anyone who does “foreclosure cleaning work,” they’ll give them your information.
These are very lucrative clients in that you can make top dollar on these jobs. Why? Because there are no restrictions (eg, gov’t guidelines) on what you can be paid for your services, like with the next group.
Foreclosure Realtors: Most foreclosure business owners jump for joy when they get a call from a foreclosure realtor because they know that there’s the opportunity for bulk work. While you will tend to make less on these jobs (some lenders cap what they’ll pay for certain services), you make up for it with bulk foreclosure clean up jobs.
One Thing to Remember When Pricing Jobs that Come from Foreclosure Realtors
The Potential for Ongoing Work: This is the biggest factor to keep in mind when pricing foreclosure cleaning jobs from this type of client. If there’s the potential there for ongoing work, it behooves you to lower your rate because “a bird in the hand is worth two in the bush,” so to speak. Be sure to get whatever agreement you make in writing.
Pricing a Foreclosure Cleaning Job Tip
Never charge so little for foreclosure clean up jobs that you get from foreclosure realtors that can’t afford to hire help, or that you hurt your bottom line. Remember, you’re a business owner first.
And, while lowering your price to secure long-term contracts is definitely a sound business decision, your profit margin on foreclosure cleanup jobs shouldn’t be so thin that it doesn’t make sense to do the work. How much the rate is lowered will be different for each business owner. This is why it pays to know exactly what your costs are to perform each job.
Learn more about how to price foreclosure cleaning jobs.
May be reprinted with the following, in full: Learn more about how to successfully work with foreclosure realtors to get bulk jobs at ForeclosureBusinessNews.com, the No. 1 source for foreclosure clean up business news.
Yuwanda_Black
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