Looking for pricing Matrix on all the Nationals if anyone can share. Or any feedback on who is paying what to contractors to keep them happy! Thanks
National companies will typically pay HUD rates minus a set discount percentage based on the state you are covering for them. That rate will usually vary from 0% to 35%.
Regional companies that have the ability to direct a vendor network to cover the large territories typically required by the nationals, then take another piece of the pie. This percentage will usually be in the neighborhood of 15% to 20%.
It typically breaks down like this:
HUD allows $100 for a dry wint
National pays $80 (20% discount)
Regional pays $64 (20% discount)
I understand that you have a contract to provide services in multiple states for Altisource (read that in your last post). Are you currently completing WO's for them? What are you currently offering as pay to your vendors? Surely you are not going to base your pay on what the others are doing? The others may have more/less overhead than you.
I find it odd that you are not already aware of the pricing offered by the nationals. If your company has put itself in the position of directing work to vendors around a certain region, you & your company should be answering, not asking, these kind of questions.
Are you sure you are ready for this?