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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


                              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

 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

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How to Price Your Foreclosure Cleaning Services

  • 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