Safeguard Conference call - REO Property Preservation Forum
Reply
 
LinkBack Thread Tools Display Modes
post #1 of 55 (permalink) Old 12-23-2013, 01:24 PM Thread Starter
Senior Member
 
Join Date: Oct 2012
Posts: 203
Thanks: 10
Thanked 75 Times in 46 Posts
Safeguard Conference call

Whats everybody thoughts on the new Audit program safeguard is rolling out?????

Yearly audits on your business just checking you training, background checks, insurance programs, lien waivers from all subs, permits, all the fun stuff, licenses just about everything to safeguard their clients interest. Or more like cover safeguard butt so we stop getting lawsuits

A lot of pissed off people on that conference call!!!!!
wmhlc is offline  
Sponsored Links
Advertisement
 
post #2 of 55 (permalink) Old 12-23-2013, 02:52 PM
Member
 
Join Date: Oct 2012
Location: Great White North
Posts: 77
Thanks: 80
Thanked 31 Times in 21 Posts
LPS has been doing this for a while now. They insist on visiting your office, checking that you have insurance certificates for any subs that you use, your contracts, how you store your info, even insisting that you have a documented QC program in place. Of course they then give you a low-balled pricing structure to exist on. They want you to be a 1099 IC with employee requirements it would seem.
Coos-NH is offline  
post #3 of 55 (permalink) Old 12-23-2013, 03:49 PM
Senior Member
 
BamaPPC's Avatar
 
Join Date: May 2012
Location: Alabama
Posts: 414
Thanks: 95
Thanked 283 Times in 133 Posts
There was an ol boy from Tennesee that was pretty hot about the background checks. they told him to "call us to discuss individually" real quick.

The requirements aren't going away. They're trying to cover their butts against a Federal Audit that's coming to them. What will have to go away is sub-standard contractors. But the catch 22 on that is, a bunch of good contractors will also be forced to "go-away". And that's going to leave SG with fewer contractors, and the contractors left will be required to cover larger areas. Going along with SG's philosophy of "make it up in volume". And then the ones that think they can make it up with volume will work for months before they figure out they're close to bankruptcy and quit. And then the whole SOB will collapse. Unless SG changes the way they pay. And they won't. They'll just keep hiring more unsuspecting contractors and run them for a few months, and then hire more. until they finally run out of contractors able to meet the requirements. By then, I guess they hope the heat will be off of them and they can go back to hiring hacks.

Man, I'd love to be a fly on the wall when Alan and Robert talk about this crap in private.
BamaPPC is offline  
Sponsored Links
Advertisement
 
post #4 of 55 (permalink) Old 12-23-2013, 03:57 PM
Member
 
Join Date: Aug 2013
Posts: 64
Thanks: 11
Thanked 15 Times in 14 Posts
You mean the guy that walks butt naked around his home?
The first question with all of the contractors on the line was this redneck. It made my day, I actually stayed on the call longer in hopes someone else would say some crazy **** as well.
SRT-Diesel is offline  
post #5 of 55 (permalink) Old 12-23-2013, 05:54 PM
Senior Member
 
Splinterpicker's Avatar
 
Join Date: Apr 2012
Location: west coast USA
Posts: 616
Thanks: 53
Thanked 213 Times in 135 Posts
Sg contractor in my area Is not licensed with the state ... How they can allow that I have NO idea. Just a matter of time till this WHOLE industry is turned on its head ! The nationals have been ruthless and more like terriorists in their tactics for too long ! Just be REALLY careful when they want to look at your "BOOKS", like FAS years back then teh pricing was dropped like a giloutene. I'd have 2 sets one for them showing VERY LITTLE profit and another for real ! NO ONE LOOKS AT MY BOOKS except for my accountant at tax time.
Splinterpicker is offline  
The Following 2 Users Say Thank You to Splinterpicker For This Useful Post:
brm1109 (12-23-2013), hammerhead (12-23-2013)
post #6 of 55 (permalink) Old 12-23-2013, 06:19 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
Those calls are a hoot. I can recall some that were so heated and chaotic that they cut it short and hung up within a few minutes. That is also why they had the mute feature installed; so they can keep everyone quiet until they have spewed out their presentation. 107 contractors on the line and all you can hear are voices (those voices in my head...), dogs barking, birds chirping, kids screaming. Loved it.
GTX63 is offline  
post #7 of 55 (permalink) Old 12-23-2013, 09:17 PM
Business Consultant
 
Cleanupman's Avatar
 
Join Date: Nov 2012
Location: Silver Springs, Nevada
Posts: 1,380
Thanks: 322
Thanked 564 Times in 339 Posts
Not to be rude..but anyone that agrees to this is crazy...

That is called 'Direction and Control"

Sorry folks but ya'll gotta quit rolling over and licking the proverbial buttchecks and say no to this intrusion...

Unless of course you can go to SGP and inspect their books, how they store their information etc...

I'm sorry but if I or any of you need advise on how to operate your business there are people in the community called...Business consultants and advisors.
You'll find that the money you spend on them will be a safer bet than doing business with SGP.

Ask an attorney this makes you an employee....

OH and so no one gets up set I will be writing an article on this subject...If no one wishes to be quoted please let me know I will respect that and not use anyones names...but if no one objects I will use some of the comments...
Thankxx

OH yeah Splinterpicker...we have a couple companies here doing the same...SGP subbers...

Aladay LLC
Property Preservation
New Business Consultant
Custom Glass&Wood
Cleanupman is offline  
post #8 of 55 (permalink) Old 12-23-2013, 09:32 PM
Senior Member
 
Join Date: Mar 2013
Posts: 666
Thanks: 124
Thanked 336 Times in 182 Posts
I would drop any company like a bad habbit

if they wanted that kind of information, and control. I have simply ignored the third party background checks, vehicle information, and anything else besides my contractor license, relevant certifications, and insurance information, from every company that asked for it, not one has stopped sending work orders. As I explained it to them "If you wish to run a BC there is enough information on the W-9" I will not send credit card information, or other vital statistics to third parties, ever. If that means you have to re-assign my work, feel free.
Ohnojim is offline  
post #9 of 55 (permalink) Old 12-23-2013, 09:49 PM
Member
 
Join Date: Sep 2013
Posts: 96
Thanks: 14
Thanked 6 Times in 6 Posts
I quit today!!! We are no longer doing inspection!!!
ALS9386 is offline  
post #10 of 55 (permalink) Old 12-23-2013, 10:09 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
I'm sure everyone who has done work for safeguard knows that those conference call notices are emailed out to everyone as "mandatory". You must rvsp so they can mark you down. You are given the time, the date, the code to enter, etc. Failure to attend may result in the soup nazis at your door.
GTX63 is offline  
The Following User Says Thank You to GTX63 For This Useful Post:
ALS9386 (12-24-2013)
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