Anybody ever worked with ZVN properties? - REO Property Preservation Forum
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post #1 of 22 (permalink) Old 11-06-2016, 08:58 PM Thread Starter
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Anybody ever worked with ZVN properties?

Whats up guys new around here so just a little background on myself. Currently started out as strictly an exterior detailing business (Power washing/window service/gutter service/acid washing/masonry ceiling etc) but during one of our busy times we were offered a job doing some interior clean out work and so we pushed forward with that.

Long story short we are looking to expand into the property preservation field and were presented with a company called ZVN properties. Ive searched on them and found minimal information/reviews and from what I've seen they're a pretty decent company to work for but i just wanted to get a little first hand experience from you guys if possible. We have been talking back and forth for about a week and as I've been checking their price lists i noticed some things seemed pretty low for example a knob lock change only going for $24.00? Some of these prices almost seem like they're not even worth it after materials.. anybody have any info or experience with them?
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post #2 of 22 (permalink) Old 11-06-2016, 09:52 PM
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My question to you is, if you didn't find much information anywhere, and saw a low-ball price list, how can you classify that company as a pretty decent company to work for?
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post #3 of 22 (permalink) Old 11-07-2016, 06:16 AM Thread Starter
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My question to you is, if you didn't find much information anywhere, and saw a low-ball price list, how can you classify that company as a pretty decent company to work for?
From what I actually have seen, people say they're pretty quick and dependable with payment but didn't have much work so thats why they stopped working for them (but this was a couple years back). From what I've been told by the company the they're in 27 states now and have work lined up months in advance.
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post #4 of 22 (permalink) Old 11-07-2016, 07:08 AM
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they're in 27 states now and have work lined up months in advance

What does that tell YOU? It tells me the pay is so low they are having trouble finding enough fools to do it. Get a price list from them and post it up here and you'll get the feedback you need.
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post #5 of 22 (permalink) Old 11-07-2016, 07:11 AM
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Quote:
Originally Posted by upstatepressure View Post
. . .Long story short we are looking to expand into the property preservation field and were presented with a company called ZVN properties. Ive searched on them and found minimal information/reviews and from what I've seen they're a pretty decent company to work for but i just wanted to get a little first hand experience from you guys if possible. We have been talking back and forth for about a week and as I've been checking their price lists i noticed some things seemed pretty low for example a knob lock change only going for $24.00? Some of these prices almost seem like they're not even worth it after materials. . .
I have never contracted with ZVN so I don't have any 1st hand experience to share with you. Here is what I can say based on the info you've provided:

HUD's maximum allowable for a lockset change (change all locks per door whether there is just a knoblock or a knoblock & deadbolt) is $60. What you are being offered reflects a 60% discount. FYI, the discount I may offer to a client is based on my business relationship with them. As such, ALL new clients receive a 0% discount. Once they have proven to me that they are not too much of a hassle to deal with, will pay correctly and on time, and can offer a significant amount of volume, then I will reassess our discount offered, if any, which may be 5% and would never go above 10%. Interestingly, I currently contract off & on with 5 national/regional service companies, one that I have been working with for 5 years, 3 of them are currently at a 0% discount.

I would suggest a very cautious approach with any company that starts with an offer of a 60% discount.

Iíve already told you more than I know.

Last edited by PropPresPro; 11-07-2016 at 07:16 AM.
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post #6 of 22 (permalink) Old 11-07-2016, 09:38 AM
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Quote:
Originally Posted by upstatepressure View Post
From what I actually have seen, people say they're pretty quick and dependable with payment but didn't have much work so thats why they stopped working for them (but this was a couple years back). From what I've been told by the company the they're in 27 states now and have work lined up months in advance.
We have first hand experience with ZVN it's been a mostly positive experience. We never "contracted" through them. Our situation was a realtor gave them our info years ago and they called. After seeing their price list we said NO. They continued to call and asked us what we would work for. I sent them my pricing and they agreed to it. They paid steady and they paid per our agreement. We received trip charges on all grass cuts, and lock changes due to low pricing.

Drew over there is a good guy and you can always just call him up and ask him any questions you might have.

As a BUSINESS owner you might want to consider skipping the regional stage and start working on local clients. The time line in this business is nearly always the same. You start with a regional, graduate to a national, then it's on to realtors, and finally direct for the bank. The more steps you can skip the fewer headaches you will have and the fewer jobs you will do for free.
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post #7 of 22 (permalink) Old 11-07-2016, 03:51 PM
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Signed up today. No work the way it looks. Thought these guys got the Fannie Mae contract recently
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post #8 of 22 (permalink) Old 11-07-2016, 05:55 PM
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Signed up today. No work the way it looks. Thought these guys got the Fannie Mae contract recently
If there is one contract I wouldn't want it's fannie Mae!
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post #9 of 22 (permalink) Old 11-07-2016, 08:06 PM
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They contacted me a couple weeks ago. They have a different price list for each of their clients, but they're all pretty close. This is their Alti list.

Late Fees for services shall be up to 10% per day.


Double Car Garage Door Boarding each
Preapproved 102.00

Large Front Door Boarding each
Preapproved 35.00

Large Opening Boarding each
Preapproved 35.00

Medium Opening Boarding each
Preapproved 30.00

Security Door with Hinges and Padlock/hasp each
Preapproved 50.00

Single Car Garage Door Boarding each
Preapproved 85.00

Sliding Glass or Double Door Boarding each
Preapproved 40.00

Small Opening Boarding each
Preapproved 25.00

Electrical
Cap Exposed Wires each
Preapproved 0.30

Combo Carbon Monoxide
Smoke Detector each Preapproved 32.00

Outlet Cover Replacement each
Preapproved 2.25

Smoke Detector each
Preapproved 22.00

HVAC
Replace air filter each 8.00
Interior Repairs
Capping Gas or Water Line each Preapproved 10.00
Dehumidifier Installation each Preapproved 200.00
Pump Out Water & Dry each Preapproved *CFS*
Garage Door Repair/Replace each 40.00
Landscaping
Initial Grass Cut
0 5,000 Sq Ft each Preapproved 27.00

Initial Grass Cut
5,001 10,000 Sq Ft each Preapproved 31.50

Initial Grass Cut
10,001 15,000 Sq Ft each Preapproved 40.50

Initial Grass Cut
15,001 25,000 Sq Ft each Preapproved 49.50

Initial Grass Cut
25,001 35,000 Sq Ft each Preapproved 67.50

Initial Grass Cut
35,001 1 Acre each Preapproved 76.50

Re
Cut 0 5,000 Sq Ft each Preapproved 25.00

Re
Cut 5,001 10,000 Sq Ft each Preapproved 27.00

Re
Cut 10,001 15,000 Sq Ft each Preapproved 32.00


Effective March 20, 2015
Contractor’s Initials: __________
Re
Cut 15,001 25,000 Sq Ft each Preapproved 38.00

Re
Cut 25,001 35,000 Sq Ft each Preapproved 42.00

Re
Cut 35,001 Sq Ft 1 Acre each Preapproved 48.00

Snow Removal each Preapproved 30.00
Tree Limb Removal total 20.00
Tree or Shrub Trimming
Standard Price Per House total Preapproved 45.00

Plumbing
Replace Sump Pump each Preapproved 155.00
Water Valve Shut Off each Preapproved 17.00
Capping Sewer each Preapproved 10.00
Roofing
Repair Roof up to 45 Sq Ft
per SQFT Sq. Ft. Preapproved 1.00

Tarp Roof
All (up to and over 400 Sq Ft) Sq. Ft. Preapproved 0.85

Cap Chimney each Preapproved 110.00
Dryer Vent Cover each Preapproved 15.00
Gutter and/or Downspout Repair/Replace Sq. Ft. 1.00
Gutter Cleaning
LF Ln. Ft. Preapproved 0.34

Securing
Bracing Metal each Preapproved 10.00
Bracing Wood each Preapproved 6.50
Dead Bolt each Preapproved 20.00
Digital/Mechanical Lock each Preapproved 85.00
Digital/Mechanical Lock
Supplied each Preapproved 20.00

Dummy Door Knobs each 20.00
Lock Box each Preapproved 16.00
Lock Change/Entry Lock/Securing each Preapproved 22.00
Padlock each Preapproved 10.00
Patio Door each 6.50
Slide Bolt each Preapproved 6.50
Sliding Door Secure/Slider Lock each Preapproved 6.50
Strap Door each Preapproved 6.50
Window Lock each Preapproved 6.50
Swimming Pool Area Securing total 175.00
Pool Fendce / Gate Repair total Preapproved 175.00
Service Fee
Device Battery Replacement each 2.00

Effective March 20, 2015
Contractor’s Initials: __________
Lock Battery Replacement each 2.00
Initial Janitorial Service each Preapproved 75.00
Maid Service each 27.00
Address Posting each Preapproved 20.00
Pool Cleaning and Closing each *CFS*
Utilities
MEP System Check each Preapproved 23.00
MEP System Check Additional Unit each 10.00
Electricity
Utility Appointment each Preapproved 20.00

Electricity
Service Fee each Preapproved 15.00

Gas
Utility Appointment each Preapproved 20.00

Gas
Service Fee each Preapproved 15.00

Water
Utility Appointment each Preapproved 20.00

Water
Service Fee each Preapproved 15.00

Turn on Heat and Set Thermostat each Preapproved 25.00
Winterization
Dry Winterization each Preapproved 55.00
Additional Unit Dry Winterization each Preapproved 30.00
Wet/Steam Winterization each Preapproved 80.00
Additional Unit Wet/Steam Winterization each 40.00
Radiant Floor Heat Winterization each Preapproved 135.00
Additional Unit Radiant Floor Heat Winterization each 65.00
Pressure Test each 23.00
Additional Unit Pressure Test each 15.00
Fecal Toilet Cleaning each Preapproved 25.00
Winterization Re Check each 20.00
Winterization Plumbing Repair Allowance each 220.00
De
Winterization each 45.00

Additional Unit De
Winterization each 45.00

Debris Removal
Paint / Oil cans Removal
1 Gallon tins /Per unit each Preapproved 7.00

Paint / Oil cans Removal
5 Gallon tins /Per unit each Preapproved 15.00

REO Clean Out 20
99 CY each Preapproved 17.00

REO Clean Out upto 20 CY each Preapproved 20.00
Battery Removal each Preapproved 15.00
Gas / Propane Can Removal each Preapproved 10.00

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post #10 of 22 (permalink) Old 11-07-2016, 10:02 PM
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They contacted me a couple weeks ago. They have a different price list for each of their clients, but they're all pretty close. This is their Alti list.
Thanks for the extensive price list post. At those prices, you won't catch me signing up with them. Other may be able to make it work, but not this guy.
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