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Ams

5170 Views 13 Replies 4 Participants Last post by  IowaAsset, 
G
Just got an offer for some local REO work for AMS...... Prices are a little low, but they did up them some after saying it was not worth our time...!

What's the good, the bad and ugly of this company? :whistling
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BPWY
MTMNTMAN gets a lot of work from them.
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thanohano44
Lawn Mower Man said:
Just got an offer for some local REO work for AMS...... Prices are a little low, but they did up them some after saying it was not worth our time...!

What's the good, the bad and ugly of this company? :whistling
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Just got on with them. So far so good. Paid when they said it would be here. Prices are a little low but i service a small area for them. Good filler work.
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G
Their REO work might be good but their p&p sucked. Work 3months couldn't make a dime. Dropped like a hot turd. Yuck!
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BPWY
In '10 they tried and tried and tried and tried to get me on.

They couldn't get it thru their thick heads that they were too cheap.
I didn't/don't work for them.

I do some QC inspections after the property is supposed to be cleaned out.
They have VERY VERY little work in this area.
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G
I did one for them through another national today. My prices from the national was a ton higher than what ams pay's. Makes you wonder how much they pocket? I quit ams 2 years ago cuz they stunk.

A direct HUD inspector was there doing a spy inspection when I pulled in. He was astonished that ams had anyone still working for them....said I don't and won't work for ams. He laughed and said all their subs had quit AGAIN :) The bid work to make icc was over $23k which included fencing around an entire pond----compliance issue per inspector.
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thanohano44
FremontREO said:
I did one for them through another national today. My prices from the national was a ton higher than what ams pay's. Makes you wonder how much they pocket? I quit ams 2 years ago cuz they stunk.

A direct HUD inspector was there doing a spy inspection when I pulled in. He was astonished that ams had anyone still working for them....said I don't and won't work for ams. He laughed and said all their subs had quit AGAIN :) The bid work to make icc was over $23k which included fencing around an entire pond----compliance issue per inspector.
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We do their HUD REO work only. $700 flat fee for maid, lawn and debris removal of up to 60 cyds. We haven't have to move more than 3 cyds yet.
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G
That there is the problem with this National....no flat fee. This property had very minimal debris. 2 big ticket hazards but otherwise empty.
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thanohano44
FremontREO said:
That there is the problem with this National....no flat fee. This property had very minimal debris. 2 big ticket hazards but otherwise empty.
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Ams gets $2500 up front per property. That's what they pocket, whatever the difference is.
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M
Did 6 figures with them last year with no major issues. Depends on the part of the country your in. Our work is very spread out here. I cover 10,000 sq miles for them.....
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G
AMS owes us about $4k for work completed over the last two months. They are stonewalling us now. They also keep sending us work orders to do stuff for like 1/3 of their own standard pay, or work orders with no pay listed at all.
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H
SmrtyPnts said:
AMS owes us about $4k for work completed over the last two months. They are stonewalling us now. They also keep sending us work orders to do stuff for like 1/3 of their own standard pay, or work orders with no pay listed at all.
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IEI Tidewater does the same. WO with no price. Watch out for them.
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G
We worked with them for a while.
Had to quit...constantly getting work orders for $15-$25 :eek:
I can't send someone 60 miles round trip to pick up a plastic bottle off the front lawn for 15.00. And yes, we did get that work order.
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G
SmrtyPnts said:
AMS owes us about $4k for work completed over the last two months. They are stonewalling us now. They also keep sending us work orders to do stuff for like 1/3 of their own standard pay, or work orders with no pay listed at all.
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Don't let it go I ended up suing them and getting a judgement finally
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