SG/BOA got a new price list - REO Property Preservation Forum
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post #1 of 81 (permalink) Old 01-17-2013, 07:01 PM Thread Starter
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SG/BOA got a new price list

Its a shame, i grossed nearly 300k last year with this company, they were decent to work for too. Victim of the SG/BOA transfer.

I just don't see anyway to make decent money. these prices are almost nearly half what they were. am i missing anything?


Initial Grass Cut – Up to 12” (20,001 SQFT to 1 ACRE)$35.00
Initial Grass Cut – 13” to 24” (Up to 5,000 SQFT)$35.00
Initial Grass Cut – 13” to 24” (5,001 to 15,000 SQFT)$45.00
Initial Grass Cut – 13” to 24” (15,001 to 30,000 SQFT)$55.00
Initial Grass Cut – 13” to 24” (30,001 to 1 acre)$65.00
Initial Grass Cut – 25” to 36” (Up to 5,000 SQFT)$45.00
Initial Grass Cut – 25” to 36” (5,001 to 15,000 SQFT)$50.00
Initial Grass Cut – 25” to 36” (15,001 to 30,000 SQFT)$65.00
Initial Grass Cut – 25” to 36” (30,001 to 1 acre)$75.00
Yard Re-Cut (Up to 10,000 SQFT)$20.00
Yard Re-Cut (10,001 to 20,000 SQFT)$25.00
Yard Re-Cut (20,001 SQFT to 1 ACRE)$30.00
Weed Abatement/Spraying (If ordered – trim and clean up all weeds – spray weed preventative agent to entire yard)$35.00
JANITORIAL SERVICES
Initial Maid Service $70.00
Initial Maid Service – Additional Unit$40.00
Monthly Marketability (Interior/Exterior Inspection, Maid Refresh, Winterization verification, Incidental Debris removal – less than Ό CYD)$20.00
MISCELLANEOUS / OTHER
Install Smoke Detector$10.00 each
Install CO Detector$20.00 each
Install ‘No Trespassing’ Sign (Landscaping stake with laminated sign)$3.00 per Sign
Install Handrail$6.00 per Linear Foot
Install Outlet Covers/Plates$0.50 each
Install Switch Covers/Plates$0.50 each
Cap Initial Water Line$10.00
Cap Additional Water Line$5.00
Cap Gas Line$2.50 per Cap
Cap Exposed Wires$0.50 per Ca

Install Blank Covers on Breaker Panel$14.00 per Panel
Cover holes in flooring$4.50 per SQFT
Secure Loose Ceiling Fan$7.00 each
Secure Cabinets, Cabinet Doors, Drawers, and Countertops that are loose enough to present a hazardous condition$10.00 per room
Repair Broken Fencing (To secure perimeter of property)$15.00 per Linear Foot
Replace Broken Fencing (To secure perimeter of property)$30.00 per Linear Foot
Repair/Secure Falling Light Fixture (With existing hardware)$7 per Fixture
Clean Gutters – Single Story$50.00
Clean Gutters – Multiple Stories$75.00
Pump Basement (Up to 2ft)Up to $150.00
Pump Basement (2ft or Higher)Up to $300.00
Install Sump Pump$160.00
Sump Pump Repair$25.00
Install Dehumidifier$200.00
Snow/Ice Removal$25.00
Extermination (Bug Bomb)$15 per bomb
Extermination (Licensed Exterminator)
Charge Receipt plus $15 allow access
Spa/Hot Tub Drain and Secure (If no fence present)$40 to drain
Secure with existing if present or bid to secure
Trip Charge$15.00
Window Lock$2.00
Roof Tarp
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post #2 of 81 (permalink) Old 01-17-2013, 07:31 PM
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Originally Posted by Stateline View Post
I just don't see anyway to make decent money. these prices are almost nearly half what they were. am i missing anything?
Off the top of my head, I'd say you are missing profit, overhead and material. Might have enough to cover labor, barely.

$2 for a window lock? They cost me more than that.



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post #3 of 81 (permalink) Old 01-17-2013, 07:35 PM
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glad I dont do work for them. Wow
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post #4 of 81 (permalink) Old 01-17-2013, 07:43 PM Thread Starter
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Originally Posted by BRADSConst View Post
Off the top of my head, I'd say you are missing profit, overhead and material. Might have enough to cover labor, barely.

$2 for a window lock? They cost me more than that.

oh yea this was added to the email.

With the recent industry changes, these prices still allow for order completion while maintaining a profitable margin. Please reach out to us if you need assistance on how to cut costs and maximize profits using this new pay scale.

I may just ask them how to achieve a profitable margin just to see what they say.

Even if i went out and did this work myself (not paying for other labor) i'd be better off flipping burgers.
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post #5 of 81 (permalink) Old 01-17-2013, 08:01 PM
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Originally Posted by Stateline View Post

With the recent industry changes, these prices still allow for order completion while maintaining a profitable margin.
Here is how I read that statement. "With the recent industry changes, these prices still allow for order completion by you while maintaining a profitable margin for us."



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post #6 of 81 (permalink) Old 01-17-2013, 08:11 PM
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What company is being referred too?
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post #7 of 81 (permalink) Old 01-17-2013, 08:29 PM
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Originally Posted by Stateline View Post
oh yea this was added to the email.

With the recent industry changes, these prices still allow for order completion while maintaining a profitable margin. Please reach out to us if you need assistance on how to cut costs and maximize profits using this new pay scale.

I may just ask them how to achieve a profitable margin just to see what they say.

Even if i went out and did this work myself (not paying for other labor) i'd be better off flipping burgers.
If you do ask them please post the response.
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post #8 of 81 (permalink) Old 01-17-2013, 08:47 PM
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I do SG/BOA, and have not heard about this. When were you notified? We wouldn't continue doing these for that pricing...
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post #9 of 81 (permalink) Old 01-17-2013, 09:10 PM
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I do SG/BOA, and have not heard about this. When were you notified? We wouldn't continue doing these for that pricing...
I'm guessing you are SG direct and he is refering to one of the BACFS regionals that's still trying to hang on now with SG.



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post #10 of 81 (permalink) Old 01-17-2013, 09:14 PM
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Originally Posted by BRADSConst View Post
I'm guessing you are SG direct and he is refering to one of the BACFS regionals that's still trying to hang on now with SG.

Ah that makes sense. That just made me a bit nervous... we just did a BOA REO yesterday and I have crew staying out of town tonight working on another.
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