1. How to Price
Your Foreclosure
Cleaning
Services
There is good money to be made out of
Contents
cleaning foreclosed properties these days.
Introduction………………............……1
Quite often, previous owners leave them in
Estimating Costs..........................…2
disgraceful condition out of revenge, and then What Others use to Charge…..…..2
lenders need somebody to provide a clean-up Calculating Profits...........……...…..2
Conclusion..........................……..…..3
service. Before you discover that a gap in the
market is not always a moneymaking
opportunity in the gap, you need to do some
sums to determine how much money you are
likely to make.
2. 2
Estimating Costs
Estimate your costs on a square meter basis, and factor-in
your traveling costs too. Costs include hired labor,
materials, amortization of vehicles and equipment, and also
incidentals, such as uniforms and staff meals. This is the
most important part of your business planning. If you
underestimate your input costs, then you could be heading
for a loss.
What Others use to Charge
Find out what others are charging on a similar basis. You need to be creative about this
because some firms do not give their secrets away willingly. Look for those that do so by
posting rates in advertisements and on websites. Make sure that you compare apples to
apples though, by factoring in differences.
Calculating Profits
Calculate your likely profit. Assuming the average rate
others charge is the rate that you are planning to charge
too, then your profit is the difference between that rate,
and your job costs. Now take in a deep breath. How does
the result look to you in terms of dollars per hour? If it
looks good then you could have a runner – if not though,
then perhaps you need to think again.
3. 3
Cleaning foreclosed houses is already becoming an
overtraded business in some cities, and overtrading
brings margins down to a point where these businesses
are not worth undertaking. If you find a genuine gap in
the market though, then that is a different thing.
Moreover, you could find your customers easily by
searching through the lists of repossessed homes at
ForeclosureDataBank.Com.
Foreclosure DataBank
1602 Alton Road #432
Miami Beach, FL 33139
1-888-596-9279
contact@foreclosuredatabank.com
The biggest foreclosures database on the web
Find us on the Web:
www.ForeclosureDataBank.com