REO Property Preservation Forum banner
1 - 8 of 8 Posts

·
Registered
Joined
·
847 Posts
Discussion Starter · #1 ·
In this industry most of us are told what client pays, then have to make a decision if we can be profitable on the pricing or not. Some cases it is yes, and in most no! I have started reaching out to more local brokers that are performing our services in house, and the question comes up. " What do you charge for services performed".

So, with never having this question asked before in this industry, I figured I would ask you all what your pricing would be? For all services provided, locks, cash for keys, sales cleans, inspections, grass cuts, snow removal, etc. :thumbsup:
 

·
Premium Member
Joined
·
4,096 Posts
For wints and lock changes you can "standard" price.


For trash outs, janitorials and grass cuts I'd reserve the right to bid.


So many many of the janitorials I see even after 4 to 6 man hours of cleaning its still way too nasty to live in.

I had one two winters ago that after 16 man hours MIGHT have been acceptable for merry maids to start on.
Heavy emphasis on MIGHT. It was horrible.
 

·
Registered
Joined
·
2,403 Posts
I bill what the going rate is in the private sector here. For example, A locksmith will hit you between $100 & $200, A plumber is around $250 for a wint, A landscaping co is $35-$40 for a small in town lot and $45 to $100 for an estate lot, Rough cutting is around $75-$85 an hour with a 2 hr minimum, Snowplowing is around $50-$75. Just keep in mind if your working on a bank owned for a broker they likely have an allowable schedule sent to them by the asset manager.
 

·
Premium Member
Joined
·
4,096 Posts
If some one wanted me to give them a flat rate on debris, lock, wint, grass cut and janitorial I'd be at $1500 min.

Virtually all the ones I see have AT LEAST 15 yards in them. Some (most) 30 to 45.
And then the janitorials...................................... S U C K!!!!

Last week I did a locally owned RENTAL.... over 30 yards and we didn't even get to the garage attic.
Or clean up the pile of dirt in the back yard. Landlord wanted it left.
 

·
Registered
Joined
·
4 Posts
Chargable Rates

I have done a lot of work for agents in my area. I simply took the allowable price I was getting from my primary, then added 40% of that amount back in to the figure. Most of the time I knock off 10% it puts me just below what a locksmith or janitorial company will charge and the agent feels that they are getting a good deal and are more likely to send other work my way.
 

·
Registered
Joined
·
616 Posts
Imo It does not matter what you charge if there is NO service to stand behind. I have gotten calls at 7 PM on a saturday and had to go 1 hr to get a realtor in a house because they were using the wrong key !! I kept them for 4 years and was charging a pretty penny. Great service and start low not too low price wise to get a foot in the door and you will have a clientelle you won't belive.:thumbup:
 

·
Business Consultant
Media, Investigative Journalism, Business Consultant
Joined
·
1,409 Posts
I have always negotiated fees with clients...
Irregardless if you "bill" or fees are stuffed down your throat....
If you can not make the number work say NO...
period...

A company wants to stuff numbers down your throat we tell them no...
We also will not work with anyone taking a % unless they share the numbere and the % is of WHAT THEY BILL not WHAT THEY PAY.
Those are two different and if they are taking a % it is only fair that % is off what they bill...
 
1 - 8 of 8 Posts
Top