Core logic are they good? - REO Property Preservation Forum
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post #1 of 16 (permalink) Old 03-12-2014, 01:40 PM Thread Starter
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Core logic are they good?

I'm thinking about coming back it. Is my cable job is just not working out that well. How soon after I start work do they pay?
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post #2 of 16 (permalink) Old 03-12-2014, 02:21 PM
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IF THEY PAY..you mean
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post #3 of 16 (permalink) Old 03-12-2014, 02:55 PM
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I like that "if they pay". So the truth it is. Depends on who you are working for. some are every 2-weeks, others are 30-45 days. This job is not for the meek. Much time is spend fighting for your money. Save all "proof" emails, emails that you can hold against them, stating how much you will make off that job. Much gets lost inside their systems and between all the different employees (carpet cubical workers) handling the same work orders.
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post #4 of 16 (permalink) Old 03-13-2014, 07:34 AM Thread Starter
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Ok thanks. What company are good?
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post #5 of 16 (permalink) Old 03-14-2014, 07:54 AM
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None. Basically all the same. They go by a pricing industry standard - you will fight it continually - and do it. Don't work for LPS. We stopped with them about a year ago. We were with them for 7 years did ALOT of work for them. In the beginning they were great and by the end there were so many i's to dot and too many t's to cross. Anything they could do to "get you". They were continually trying to steal our money. Stay away from them and their prices suck. Safeguard - haven't worked for but they have offered us their mow list, an after figuring all their 400 grass cuts: pricing, man power, fuel, repairs and off course my labor and hours of sitting in front a computer putting into in for them. We made NO MONEY. That is sad. We didn't do it. Didn't want to work that hard for nothing. Only to be left with bills for repair to the trucks due to all the miles we were putting on. I wish I could tell you there was a diamond out there but there isn't. You take your chance with all of them. Start with only taking a few work orders from them, see how they pay you on those and work up slowly-still no guarantee.
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post #6 of 16 (permalink) Old 03-14-2014, 08:45 AM Thread Starter
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I called safeguard to see if I can get my spot back. For inspections it seems that that's the only way to make money in this industry.
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post #7 of 16 (permalink) Old 03-15-2014, 10:09 AM
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How is that possible. We met some inspectors working for LPS. They said they were paid $4.00 per house. What do inspections pay? Never done it always done preservation and reo.
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post #8 of 16 (permalink) Old 03-15-2014, 11:08 AM
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Inspections from Nationals pay anywhere from $3-$10. The positive is that you are out on your own. Safeguard does cross breed their vendors in REO and inspections from time to time, likely due to a shortage of contractors in that area.

Typical occupancy checks require photos of the street view, front and sides of the house, address, utility meters, violations or safety issues and a reason why you believe the house is occupied or not. $40 per day X $6 is $240 minus fuel, miles on car, meals, etc. Maybe 6 hours/200 miles on the road if it is only urban or one or two counties and then a couple hours to upload. The Nat usually bills out these to the client @ $35+ per inspection for forwarding your work. That works out to about $1400 before they pay you.

The interior inspections should pay a few bucks more, and are usually billed @ $50+ by the Nat. Not all companies are high volume and may only send you a handful every few weeks all over the map and turnaround time is normally 72 hours or less. You will still be expected to carry GL and E&O to cover items you may have missed.

That is about as positive as I can spin that. The reality of that business can be for another thread.
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post #9 of 16 (permalink) Old 03-15-2014, 11:15 AM Thread Starter
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Safeguard offered eight dollars. But a whole different zone. The Zone that I've been servicing for four years is only paying three dollars.
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post #10 of 16 (permalink) Old 03-15-2014, 11:23 AM
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Originally Posted by ALS9386 View Post
Safeguard offered eight dollars. But a whole different zone. The Zone that I've been servicing for four years is only paying three dollars.

I don't care if they are right next door you CANNOT make a living at $3 a pop! These are being billed out at AT LEAST $25 so SCREWGUARD lives up to their name yet again!!!!!
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