I've been assigned with a CASH FOR KEYS W.O. I'm familiar with what it is but this is the first CFK I've had. I'm thinking of rejecting it. It just seems like an easy way for my client to get me on the hook for any violations the home may have and the $$ amount of the check given to the homeowner could somehow come out of my pocket.
I had a cfk from a regional in FL that sent me to one of the worst areas of Flint MI and I was supposed to show the owner the check and tell them I cant give it to you till you clean it up more. I drove there and saw 4 guys smoking weed in a yard full of trash and just kept driving. That was the last job I had for that company as I was told I did not try hard enough to follow the work orders.
I used to love doing CFK's. Easy $300 for 30 minutes. The bank overnighted the checks, go to the house at the agreed upon time and if the house was SPOTLESS have them sign the forms, collect the keys and away they go. 80%+ of the time I never gave away the check since there was debris remaining or home was not cleaned. The looks on those faces---just like taking a lollipop from a baby. We always told them before going that house had to be spotless.
For the ones that was spotless we then changed the locks for another $45 per door, took pics and left.
Yes, this happens in PA. In pa the realtor would meet us at Fannie Properties and we would rekey, would get a 300 flat fee for under 10 cubes. Initial clean would be reg price, wint if applicable and all the safeties. Quick $600 give or take for interior, then initial landscape.
I always got paid, but not my idea of a good time.
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