Safeguard P&P Grass Versus REO Grass cuts? - REO Property Preservation Forum
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post #1 of 24 (permalink) Old 04-14-2012, 11:53 AM
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Safeguard P&P Grass Versus REO Grass cuts?

I have been a REO Grass Vendor for about 2 years and just got offered more lawns if I become a vendor for the P&P grass...

Any insight on what kind of differences i can expect with taking the P&P Grass would be great....
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post #2 of 24 (permalink) Old 04-14-2012, 11:59 AM
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As a grass vendor I don't think there are any differences, they don't let grass vendors do FHA properties. If you are doing them as a PP vendor there will be many. You'll be liable for reporting any damages to the exterior of the property on conventional loans and for FHA loans you'll need to essentially do a complete cc status everytime you are there for a cut .... so interior rebid and condition photos.
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post #3 of 24 (permalink) Old 04-14-2012, 01:45 PM
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Can i expect more pp lawns than reo lawns?
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post #4 of 24 (permalink) Old 04-14-2012, 04:19 PM
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YES, there is a huge inventory of pre forclosures. And you will be expected to bid everything on the property while there, everytime you are there.
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post #5 of 24 (permalink) Old 04-14-2012, 06:00 PM
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Yes, lots of pre foreclosure. If you are a grass vendor you won't need to bid everything, that's only if you do it as a pp vendor.
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post #6 of 24 (permalink) Old 04-14-2012, 10:25 PM
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I have 41 lawns I do on the P&P side, and I cover a low volume zone. Starting the REO side next week, we'll see how that goes.
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post #7 of 24 (permalink) Old 04-22-2012, 12:37 AM
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I am now set up for the P&P side with 1 job as of now. I was told it could take a few weeks to get work filling up my box.... I have 250 on my REO side so we will see what happens in the next few weeks...Swiftres keep us posted on how things go....
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post #8 of 24 (permalink) Old 04-28-2012, 11:07 PM
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SG actually made a change this year. They have taken all the FHA pre-sales away from the P&P vendors and given them to the grass cut vendors. Not sure how they are handling the inspection part required by FHA on every visit. But, the only GC's we're getting are Post-Sale FHA's.

I've told them I can't do $30 grass cuts. I figure when the GC vendor figures out he's broke (in late June or early July) I'll be getting back all the cuts they've taken away.

Given our geography, mostly rural, the distances between yards is prohibitive to making a profit at $30 per cut. This is the second year that SG has used GC vendors, so I've had plenty of time to do the math...I don't see how anyone can handle the volume (approx 300-400-that's 600-800 cuts a month) in an area that's approx 4000 square miles, with small pockets of population and distances between than can be 15 miles. No one man can possibly do that many cuts (well, do them correctly) in 30 days. That's 20 per day, everyday, on the low end. Impossible in this area. I've got two man crews and the most they're able to get done on a perfect day is 16. That's daylight to dark, and some of the yards are well over 1 acre (biggest is 4 acres, yes that a single lot) And, I do pay them by the yard, not the hour, so wandering around not cutting grass doesn't make them money.
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post #9 of 24 (permalink) Old 04-29-2012, 06:59 AM
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Quote:
Originally Posted by BamaPPC
SG actually made a change this year. They have taken all the FHA pre-sales away from the P&P vendors and given them to the grass cut vendors. Not sure how they are handling the inspection part required by FHA on every visit. But, the only GC's we're getting are Post-Sale FHA's.

I've told them I can't do $30 grass cuts. I figure when the GC vendor figures out he's broke (in late June or early July) I'll be getting back all the cuts they've taken away.

Given our geography, mostly rural, the distances between yards is prohibitive to making a profit at $30 per cut. This is the second year that SG has used GC vendors, so I've had plenty of time to do the math...I don't see how anyone can handle the volume (approx 300-400-that's 600-800 cuts a month) in an area that's approx 4000 square miles, with small pockets of population and distances between than can be 15 miles. No one man can possibly do that many cuts (well, do them correctly) in 30 days. That's 20 per day, everyday, on the low end. Impossible in this area. I've got two man crews and the most they're able to get done on a perfect day is 16. That's daylight to dark, and some of the yards are well over 1 acre (biggest is 4 acres, yes that a single lot) And, I do pay them by the yard, not the hour, so wandering around not cutting grass doesn't make them money.




They've been doing the $30 per grass cut pricing with grass only vendors for longer than 2 yrs.

I was doing them in 09 for that. The way they talked I got the impression they'd been doing grass only vendors for longer than that.

In 11 they asked me if I could cover my county for them.
I told them I'd get all over it for $50 per, with over 2700 square miles in my county..... you do the math.
Kinda like your situation. They said no. I don't know or care who is doing them for $30.
It aint me and thats all that matters. $30 is an insult to the contractors with the way expenses have gone way up since 09.
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post #10 of 24 (permalink) Old 08-01-2012, 08:50 PM
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grass cuts

It's all based on volume. Each of my crews do 25 properties, minimum per day. I also get paid better than the 30.00 fee.
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