Cyprexx Net 30? - REO Property Preservation Forum
 
LinkBack Thread Tools Display Modes
post #1 of 10 (permalink) Old 04-23-2013, 01:08 PM Thread Starter
Junior Member
 
Join Date: Dec 2012
Posts: 21
Thanks: 3
Thanked 13 Times in 8 Posts
Cyprexx Net 30?

I'm finding cyprexx getting closer to 60 than 30 on payment. Anyone seeing the same? Hoping to keep finger on the pulse till time to pull the plug..
JW34 is offline  
Sponsored Links
Advertisement
 
post #2 of 10 (permalink) Old 04-23-2013, 01:30 PM
Banned
 
Join Date: Mar 2013
Posts: 232
Thanks: 281
Thanked 74 Times in 53 Posts
Quote:
Originally Posted by JW34 View Post
I'm finding cyprexx getting closer to 60 than 30 on payment. Anyone seeing the same? Hoping to keep finger on the pulse till time to pull the plug..

We have not dealt with Cyprexx for 12 to 15 years now. Wont ever deal with them again. When we worked through them , at that time we were not incorporated. We were making some good money. But since we were not incorporated they said they had to pay us from another account. We payed our 20% from the jobs and they take another 20% for a clerical fee . Funny thing was the accounts we were paid from had the same account number.

So we said so long to them and never looked back
Valley is offline  
post #3 of 10 (permalink) Old 04-23-2013, 01:39 PM
Super Moderator
 
GTX63's Avatar
 
Join Date: Apr 2012
Location: Your House Soon...Soon
Posts: 3,186
Thanks: 676
Thanked 2,249 Times in 1,094 Posts
Your water bill would be cut off much sooner and for much less that they probably owe you.
GTX63 is offline  
Sponsored Links
Advertisement
 
post #4 of 10 (permalink) Old 04-23-2013, 01:53 PM
Banned
 
Join Date: Mar 2013
Posts: 232
Thanks: 281
Thanked 74 Times in 53 Posts
Quote:
Originally Posted by GTX63 View Post
Your water bill would be cut off much sooner and for much less that they probably owe you.

LOL. I dont think so. Far from it.Those people are out right thieves.
Valley is offline  
post #5 of 10 (permalink) Old 04-23-2013, 04:37 PM Thread Starter
Junior Member
 
Join Date: Dec 2012
Posts: 21
Thanks: 3
Thanked 13 Times in 8 Posts
They've been pretty close to net 30 for years but coincidentally with their competitors (or so I gather by what I've read here) their net seems to be stretching out closer to 60. I can plan for that but figure I'll be the last to know unless I hear others here experiencing the same. Just thought I'd throw the question out there..
JW34 is offline  
post #6 of 10 (permalink) Old 04-23-2013, 09:15 PM
Senior Member
 
STARBABY's Avatar
 
Join Date: Apr 2012
Location: kentucky
Posts: 681
Thanks: 582
Thanked 197 Times in 137 Posts
Quote:
Originally Posted by JW34 View Post
They've been pretty close to net 30 for years but coincidentally with their competitors (or so I gather by what I've read here) their net seems to be stretching out closer to 60. I can plan for that but figure I'll be the last to know unless I hear others here experiencing the same. Just thought I'd throw the question out there..

Have worked for them for years and at time there pay gets slow! they ask safty checklist I have already uploaded or wint. forms! I beleive they do this to slow the pay!

My biggest problem is they keep putting more items under there flate rate, as if it cost us nothing buy smoke dect.,wire caps! also keep reducing pay (or what we can charge for say pad locks,now $6) they say were only paying $3.50 for the lock,so they think $6 in enough! my biggest problem with this line of thinking is there setting my profit for not knowing what all my exspeces are! I have to pay shipping on that,have all insurances,gas for truck,ect! They can not figure out why I am not willing to travel 30 miles to install a pad lock on a shed door for $6! Whats sad is they find another contracotr to do it!
STARBABY is offline  
post #7 of 10 (permalink) Old 04-23-2013, 10:26 PM
Senior Member
 
Join Date: Aug 2012
Location: Packer Nation
Posts: 231
Thanks: 173
Thanked 117 Times in 63 Posts
Quote:
Originally Posted by STARBABY View Post
Have worked for them for years and at time there pay gets slow! they ask safty checklist I have already uploaded or wint. forms! I beleive they do this to slow the pay!

My biggest problem is they keep putting more items under there flate rate, as if it cost us nothing buy smoke dect.,wire caps! also keep reducing pay (or what we can charge for say pad locks,now $6) they say were only paying $3.50 for the lock,so they think $6 in enough! my biggest problem with this line of thinking is there setting my profit for not knowing what all my exspeces are! I have to pay shipping on that,have all insurances,gas for truck,ect! They can not figure out why I am not willing to travel 30 miles to install a pad lock on a shed door for $6! Whats sad is they find another contracotr to do it!
After working for them for a year I refused to send my guys back to a property 15 miles away to get a missed during photo ( that I sent to them) of a lawn that did'nt need cutting to begin with because we were swamped, have'nt heard from them since.....
Racerx is offline  
post #8 of 10 (permalink) Old 04-24-2013, 07:03 AM
Senior Member
 
Join Date: Apr 2012
Posts: 751
Thanks: 123
Thanked 504 Times in 253 Posts
Been working for them for almost four years now. I have a good relationship with them.

They know I am as blunt as a shovel, will pass on anything I feel is not safe or legal or profitable and that I call "discoloration" mold.

I have had no issues with pay so far. A few bumps in the road from individuals, but they always get resolved when I move up the chain of command.

I see less complaints about them than any other national, but individual results vary.
Gypsos is offline  
The Following 2 Users Say Thank You to Gypsos For This Useful Post:
PrezPros (05-05-2013), STARBABY (04-24-2013)
post #9 of 10 (permalink) Old 04-24-2013, 08:25 AM
Senior Member
 
STARBABY's Avatar
 
Join Date: Apr 2012
Location: kentucky
Posts: 681
Thanks: 582
Thanked 197 Times in 137 Posts
Quote:
Originally Posted by Gypsos View Post
Been working for them for almost four years now. I have a good relationship with them.

They know I am as blunt as a shovel, will pass on anything I feel is not safe or legal or profitable and that I call "discoloration" mold.

I have had no issues with pay so far. A few bumps in the road from individuals, but they always get resolved when I move up the chain of command.

I see less complaints about them than any other national, but individual results vary.

same here! if they push I push back! I have had the samecoordinator for over a yaer now and she knows how I operate! I the past they switching them ,but have done in over a year!
STARBABY is offline  
post #10 of 10 (permalink) Old 04-24-2013, 09:38 AM
Business Consultant
 
Cleanupman's Avatar
 
Join Date: Nov 2012
Location: Silver Springs, Nevada
Posts: 1,380
Thanks: 322
Thanked 564 Times in 339 Posts
I'm hearing this from others...I will pass the information along that everyone is saying here...and say thanks for them as I know they will appreciate it...

On a side note...while this is a company the least talked about...when their are money issues there are always two sides...hope this is not a trend for this company also as that is usually the first sign of bad news done the road....

Aladay LLC
Property Preservation
New Business Consultant
Custom Glass&Wood
Cleanupman is offline  
The Following User Says Thank You to Cleanupman For This Useful Post:
JW34 (04-25-2013)
Reply

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the REO Property Preservation Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in










Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome