With the country’s staggering foreclosure rate, banks and other lending institutions wind up with a glut of properties to sell or rent. Throughout the foreclosure procedure, the homeowner will occasionally react to being evicted with anger, trashing the home, eliminating built-ins and leaving the house uninhabitable. To find the house ready to market , banks, or their listing broker, will employ cleaning companies. While foreclosure cleaning is not a new concept, it has grown into a popular market business in the last few decades and can be very rewarding.
Obtain insurance and a business license. A number of the people you will be working for need a license and insurance, to open yourself to the utmost amount of feasible jobs, this should be your first step. Your insurance broker can advise you as to the minimum amount of liability insurance to carry and whether you will require employee’s compensation insurance.
Structure your foreclosure home-cleaning business. There are a number of structures from which to pick. You may opt to offer one-stop services, where you trash-out, change the guards, plank paint, windows, drain the pool and take care of the landscape, as well as clean the interior of the house. Limiting your services to cleaning the home’s interior is. Some companies offer a menu of solutions.
Invest in the correct gear. This will depend on the sort of services you will be offering, but at the very least you will require a commercial vacuum cleaner and carpet cleaner, long-handled squeegies, mops and cleaning solutions. If your plan is to offer full-service cleaning, such as trash-outs (the removal of what in the home) you will require a large truck as well.
Find out more about the contest to determine how much to charge for your services. You may also call a few local foreclosure real estate agents and inquire what they generally pay for various cleaning jobs.
Obtain the right forms you will have to conduct the foreclosure home-cleaning business. These include, but aren’t limited to, bid contracts and forms. There are free bid forms available on the internet that you can customize for your company. Your attorney can help you with drafting your contract.
Promote your company to the local real estate community, especially those agents who specialize in foreclosures. Produce a batch of tricky, colour fliers and deliver them to real estate offices in the area that you want to work. Go open houses and drop off the fliers to the broker on duty. This face-to-face assembly with real estate agents also presents an opportunity for you to talk with them what you have to offer. Offering a discount on the initial cleaning job is a nice enticement.
Present yourself in a professional manner and provide good customer services. This can help to build your reputation. Real estate agents consult with other agents when seeking vendor referrals. Your good standing will go far in setting your company at the top of all your customers’ lists.