REO Property Preservation Forum banner

1 - 20 of 94 Posts

·
Contractor
Joined
·
486 Posts
Discussion Starter #1
Contacted by Asset Management Specialist (AMS) out of Bristol Pa.
Any opinion on them?
 
M

·
Guest
Joined
·
0 Posts
Just like the others want everything for nothing. They are also want you to backfeed for hpir.
 

·
Premium Member
Joined
·
4,096 Posts
Other than a few guys that work in remote areas they cannot get contractors in they are directly responsible for helping to massively drive down rates.



Their flat rate in most places is about half what it should be from some of the prices I've heard.
I've also heard from a good source that once they agree on pricing for your company they then after a few months work the prices over and run them down, you are constantly having to monitor and audit your invoices for they'll either cut the prices or simply not pay.

At one point in time I heard they were even having a lot of problems getting contractors paid in a timely manner.
 
L

·
Guest
Joined
·
0 Posts
We too were contacted by them late last summer, prices sucked... We negotiated and got them up to average on routine services and they gave a little more for initial services!

We only took on lawns and maid services for about 30 properties close into our area, was good for a few months, one worker inside, one out... Half hour and on to the next.

Got asked by someone other then our recuring services rep to help get a rural initial another contractor failed to complete that was about 3 weeks late. They had done all the trash expect about 8 CYD's, washer removal WO and a couple tons of scape metal, rural dump fees were tough but not bad and we made up for it in scrap.

Got it done on time and continue on with routines, come invoice time we were scored the lowest level and was told no check... Not because of anything we did, but because they said were 3 weeks late removing the washer :censored:

That said I would stay away from the initial services for several reasons... 1st is unless you own you own landfill, you will be lucky to break even on the pricing for the trash outs. 2nd is they score your work and determine when, how much and if you even get a check this cycle at all.

Lucky for us we had good status with our recuring services rep who looked into it and seen the original contractor was the one late not us and we got paid. :clap:

Long story, but hope it helps with your question... They are what they are. And yes we still work for them, but only routine cleanings, snow removal, lawns, hazards and repairs we BID! And all ways add 24% as the want 20% off the top and 4% for early pay :rolleyes:
 

·
Premium Member
Joined
·
3,186 Posts
Lawn Mower Man said:
Got it done on time and continue on with routines, come invoice time we were scored the lowest level and was told no check... Not because of anything we did, but because they said were 3 weeks late removing the washer :censored:
all.

[:
Good Lord Man! I hope you finally got paid for the work!
 
L

·
Guest
Joined
·
0 Posts
GTX63 said:
Good Lord Man! I hope you finally got paid for the work!
You must have missed it... :whistling

Lawn Mower Man said:
Lucky for us we had good status with our recuring services rep who looked into it and seen the original contractor was the one late not us and we got paid. :clap:

And yes we still work for them, but only routine cleanings, snow removal, lawns, hazards and repairs we BID! And all ways add 24% as the want 20% off the top and 4% for early pay :rolleyes:
Yes and on time! As said not the most profitable relationship, but we make good money working for them and have landed plenty of work with brokers we have dealt with servicing AMS properties.
 
E

·
Guest
Joined
·
0 Posts
after a year two days ago they said the computer reasigned all routines we lost 70 now have a whole 6 two not even in our area. they say we might get them back IF who has them now doesnt want them. we were on time and 98% QC. have to get them to corect every single monthly invoice, some times takes days or weeks to get the auditer to corect it. been thru 5-7 state reps (lost count) each one want some thing diferent, except not to pay you for things the last rep was paying for.
 

·
Registered
Joined
·
2,016 Posts
ECSREO said:
after a year two days ago they said the computer reasigned all routines we lost 70 now have a whole 6 two not even in our area. they say we might get them back IF who has them now doesnt want them. we were on time and 98% QC. have to get them to corect every single monthly invoice, some times takes days or weeks to get the auditer to corect it. been thru 5-7 state reps (lost count) each one want some thing diferent, except not to pay you for things the last rep was paying for.
Leins. The computer doesn't do what it isn't programmed to do. Can't stand how people try to hide behind a computer.
 
M

·
Guest
Joined
·
0 Posts
Yes the computer generated thing is a PITA.I lost all my local accounts had 10 spread all over the state.Called said i quit received all 40 back within minutes and on top of that recived a raise on all of my routines.

I have no problems with AMS on the HUD side or fannie side.I have had same state rep for the duration.My QC score is not even great but I guess being only idiot in NH to work for them,they deal with me and as I deal with them.

Check is always in my mailbox on or before the 20 of each month.
 

·
Registered
Joined
·
2,403 Posts
Unless your rural with no competition it won't be that great. I do just fine to the tune of 6 figures the last 2 years but i am the exception...............
 
L

·
Guest
Joined
·
0 Posts
MKM Landscaping said:
I have no problems with AMS on the HUD side or fannie side.I have had same state rep for the duration.My QC score is not even great but I guess being only idiot in NH to work for them,they deal with me and as I deal with them.

Check is always in my mailbox on or before the 20 of each month.
Lucky for us there are a handful of half ass, low balling, uninsured, never to be heard from again contractors working our area; always see a new name once maybe twice on the sign in sheets....

But they are gone after an initial or two and our name runs down the page cleaning up whats left and most the time at are rate, not theirs... :clap:

And yes short one bump and even then the check is always there on the 21st!

mtmtnman said:
Unless your rural with no competition it won't be that great. I do just fine to the tune of 6 figures the last 2 years but i am the exception...............
While 6 figures would be great, in our first half year we did manage to almost hit the 5 figure zone... Crappy winter has everything off to a slow start, but the grass is already showing some green and April 1st is coming quick!

Spending the weekend getting the mowers and small engines up and ready :thumbup:
 

·
Registered
Joined
·
2,403 Posts
We won't cut a blade of grass till the end of April here and a few of my properties will have snow till May. Got a bid approval to go blow out a long steep drive with near 2 feet on it tomorrow.......
 
M

·
Guest
Joined
·
0 Posts
I look at it like this not everybody will like them and some people will like them,to each is there own.

No snow all year and now I am battling 12-16 inches of snow on 80 properties.Where are the nice small 4-5 inch storms.
 

·
Premium Member
Joined
·
4,096 Posts
Lawn Mower Man said:
Spending the weekend getting the mowers and small engines up and ready :thumbup:






I've got my front line mowers ready to rock.
Still gotta get the 21''s and hand equipment ready.
 
M

·
Guest
Joined
·
0 Posts
Speaking of the devil

So today I was going te tell AMS that with the new computer set up and all the other crap,that I was no longer interested in working for them.

But before I get to call them,they call me with another increase of money for all my HUD routines.

Do you think they will look for another contractor?or do you think they will pay more than they should and keep me?

Either which way they the HUD side of routines is a small percentage of my volume.
 
1 - 20 of 94 Posts
Top