How do you start a successful foreclosure cleaning business?
Do some basic business research, get yourself organized, get the proper licensing and insurance (if you want to compete EFFECTIVELY), get the basics in equipment and go for it.
WARNING: Don't bite off more than you can chew initially... the foreclosure cleanup business is one where you can offer very basic services like broom-swept cleaning and yard maintenance for foreclosures initially, and, then, add other services as your "profits" allow you to add them to your foreclosure cleanup business.
Also, don't "research" yourself to death and think you're rolling ... I say this because a lot of people get stuck on just the planning phase in business (which IS very important, but it can shackle you if you're not careful). Eventually, you will have to bite the bullet and open your foreclosure cleanup business doors. Give yourself a timeline for research, planning, lining up license and insurance, and equipment purchases for your foreclosure cleanup business, then, open your doors and shout to the world you're open and ready for business. Niche your business and win mind share with your potential clients. Service them well -- do what you say you're going to do -- and give them a fair price. You'll have them for the long haul.
Cassandra, Foreclosure Cleanup, LLC, Atlanta, Georgia... more
Hello Eddie, There are a couple of companies that do this. I do not recollect if they are just for foreclosure or enhanced services from other company's that do rubbish removal and residential cleaning. I myself would not just count on that for business. Yes! There are a lot of foreclosures and short sales of homes when people have moved out and left a horrible mess. The problem is that the Agent lisitng the home must get approval for such service from the Bank or Mortgage Company, and ususally provide pictures to show how bad it is. You see these are expenses that ad to the expenses of the Bank or Mortgage Compnay that they will loose on the home even more. If they do get approval, they have to pay for it out of pocket, send in the expense sheet with receipts at the end of the month and wait for a check to cover there expenses.
I will also agree as many of my fellow realotrs out there that a clean home no matter, will sell faster than a home that is dirty and the carpets are disgusting klooking and so on and so forth. But they are out there. As a matter of fact, I showed a home this weekend that I had to give a 24 hour notice first. When we got there , the lawn wasn't cut, there were only two rooms that were presentable to show, the dining room and the family room. The open nes tot he kitchen should have beene blocked, full of doshes, ,everyhting all over the place, the bedrooms were full of clthe4s just thrown all over the room and piled up even the master bedroom and the bathroom were unpresentable. And get a load of this. AN Agent Owned the house. Prettty bad.
You aslo asked about licenses and so forth. Your best bet is to call the county offices that handles licensing of company's, and ask them in what realm do you fall under. As for insurance, if it is only you and family you m ay not need workmans comp under a certain work force, but insuracne or being bonded is very important against l;iability, fires, damage you may cause unintentially. Also have a clause in your contract that you will not be liable for damages that have acured due to the poor condition of , carpets, all types of flooring, cabintes, tiled walls and so forth. Make sure you take before pictures with the agent before you start work to verify that this is what the place looks like and document every little thing that is wrong, broken, falling apart, damaged and so forth. It is the only way to go.
I know I have said alot but I also hope I helped you.... more