Target realtors that specialize in foreclosures in your geographic area first. Hit them hard and often with your marketing material so you win "mind share" in your marketing efforts.
Contact "like" businesses in your area and let them know the type of business you're in. Ask them about their business as well so you all can recommend/use each other as work flows in (set up a formal referral arrangement with them... i.e., "If I refer a job to you, I'll get X percentage of the gross of the job....")...
Contact REO asset managers at banks and mortgage companies...
Sign up with larger property preservation companies online... are you already licensed and insured? If not, handle that before you open your doors.
Go for it! 2010 should be a hot year for our industry! Cassandra, Foreclosure Cleanup, LLC, Atlanta
Here are some resources:
http://bit.ly/Cleanout1
http://bit.ly/Cleanout2
Hope that helps
Call the real estate companies and ask them who does the bulk of the REOs in their company. Each company has their major players in the REO area. Once you have the list, contact them directly. Be ready with a menu of what you do and what you charge. If you're not getting the work, ask them to evaluate the proposal and recommend any modifications they might like to see.
Hi Pa,
I think you're asking how you get contract jobs for doing REO cleanups...what you can do is start networking that you are interested in doing this type of work with realtors in your area, talk to your bank that you do business with and see if you can talk to the person in charge of foreclosures..you can also advertise on online sites such as craigslist and zidaho. You might even want to contact some property management companies as they also need people to come in and clean when they evict someone. As for insurance and bonding, I'm not sure if you need that for doing trashout work? Not sure on that one, talk to the peson at your bank who does REO's and see if they look for that when they hire someone.
Pa,
I am not sure I completely understand your question. We have learned over time that to have communication is to seek first to understand what the other party is asking. So, may I ask, did you purchase a "bank-owned" property and find some items left at the house by the previous owner and wonder how to dispose of it?
Or, are you asking if you want to purchase a "bank-owned" property how do you do it? Or, is there yet another meaning to your question?
If you would take a few minutes to respond and clarify your question, I would be happy to answer it. If you want to purchase a property in the Boise Metro area of Idaho, which includes Boise, Meridian, Eagle, Star or Kuna, please let me know.
Thanks!
Tim Burroughs, Keller Williams Realty-Boise
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