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Business Consultant
Media, Investigative Journalism, Business Consultant
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Hey here's an article and several have told me of this email....

It is with great difficulty that we are writing to you about the impending fate of U.S. Best Repair Service, Inc. becoming defunct. Although every employee/vendor separation is difficult, this situation is particularly distressing because you, individually, are not responsible for our reduction of work caused by Bank of America’s decision to essentially withdraw from the property preservation industry. We admire each and every one of you for your hard work and dedication to our company so far, and we had hoped to avoid becoming defunct by aggressively seeking new clients and by attempting to continue our relationship with BAC Field Services’ successor company, Safeguard.

Unfortunately, we are unable to see into the future and we do not know if our new clients will give us the volume necessary to support each and every one of you, or whether Safeguard will increa...se the volume of orders they give to us. Accordingly, we are giving you an advance, formal notice so that you can plan ahead for yourselves. I think all of us already had an idea this was coming with the drastic decrease in volume. But this now makes it official.

Our company has every intention of fighting hard for new clients, to improve our relationship with the clients we do have, and to keep this company as stable as possible for the many employees/vendors and their families that rely on it. It is our wish that we can save every one of our jobs in the coming months, but we must all plan ahead for every eventuality.

For (delete name) and myself, we have been given 60 days notice. If things do not pick up by April 12, we will eventually be laid off. So both of us are preparing accordingly. It has been a pleasure to work with each and every single one of you. All of you have made our preservation experience enjoyable to say the least. We wish you all the best of luck in your future endeavors.

http://foreclosurepedia.org/us-best-repairs-to-lay-off-contractors/
 

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I had not worked with these folks and I'm sure that everything was not pleasurable for all parties all the time but as I read the message I couldn't help but think two things. First how refreshing it is to learn that a regional actually communicates with it's contractors about things that impact their livelihood and shows some semblance of a "normal" business relationship. And secondly how sad it is that it stands out as extraordinary in this industry.
 

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Haha.. Maybe I spoke too soon!

We attempted to work for a state coordinator at US Best named John Moon. We had many pay disputes after a few months and the answer we received even though we had emails, and pics to back up our claims were "john didn't have that authority" "John should never have told you that" "We don't pay that" of course John had been fired.

We lost a few grand on that one and sadly that was one of the cheaper lessons we learned.:furious:
 

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Contractor
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"....we are giving you an advance, formal notice so that you can plan ahead for yourselves."

Rule # 1 don't put all your eggs in 1 basket... sounds like this outfit did, and the eggs broke... to bad for them.
 

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I have never had a problem with US Best. They are by far the easiest client I have ever dealt with. whatever price is on the work order is what I get paid and they pay me travel charges for many of my remote properties. I for 1 will be extremely sad to see them go.
 

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It sucks for any one to loose their jobs but I've been preaching diversify, diversify, diversify, diversify... for several years.

Heres why.
 
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I don't have anything in particular against US Best but this is NOT them giving their vendors advance notice or communicating with us. In my state this letter was sent out on a Tuesday .... while ALL BAC work orders were cancelled the previous Friday. This change has been coming for 6 months! Smart US Best vendors started preparing for this as soon as the Safeguard/BAC sale was announced.
 

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I have never had a problem with US Best. They are by far the easiest client I have ever dealt with. whatever price is on the work order is what I get paid and they pay me travel charges for many of my remote properties. I for 1 will be extremely sad to see them go.

Agreed. Sure we have had some issues, but noting like we have with Safeguard.
 

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I wouldn't count of 5B to be able to keep the SG work either,SG didn't make as big as they have by subbing out work to other nationals or regionals for that matter.

Prices are going up.like fuel, locks, insurance, not coming down, which causes a squeeze on third party's like regionals.

This isn't going to end well.
 

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I can't believe we ever worked for them in the first place. Glad we got out when we did.

I have yet to find any Bank of America work that paid well or was the least bit appealing.
 

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I had one or two real good bid approvals from them.
Like this little chicken house/shed they wanted torn down. No reason for it, but they paid good.
$2000 if I remember right, 6 hrs including drive time.
I weakened the corners and hooked the pick up to it, suprising enough even tho you could rock it a lot by hand it took some pretty good pulling to put it on the ground.






 
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