Property Preservation Vendor Role
As a foreclosure cleanup or property preservation vendor, you are the eyes and ears of your client.
Your clients will depend on you to update them on recent changes and problems that my potentially exist.
Vendors are more often than not the first individuals to see the true condition of a property.
Being your clients "eyes and ears" means you must photograph and document damages, hazards and dangerous conditions, which you may encounter at the properties.
Along with your photo documentation you will need to be sure to keep an accurate log and labeling system of the photos that you take.
This is critical when you start visiting properties multiple times over the course of a few months to complete routine work orders and jobs.
Communication as a vendor is very important.
Some updates may not be as important to your client as others, but let your client make that decision on their property.
Always communicate the obvious.
Therefore, if the property has water damage and the floors are not safe to walk on; your clients need to know about it prior to the Real Estate agent showing the property to a potential buyer.
As a vendor, you play an important part in delivering this promise to your clients.
The goal of your clients is to put each property into marketable condition as quickly as possible.
This means it is your job to communicate issues so that they can be resolved any and all issues that affect the marketability of the property.
When communicating to the client, they will most likely look to you to either set up a contractor to complete the work.
You will do this by completing due diligence and then adding your fee for completing the work on top of the bid price.
I will not go into this here but if your business does not do a particular job, this is another way that your foreclosure cleaning business can make money - hire others to do the work for you and profit.
All you need to do is oversee that the work gets completed.
The best way you can provide resolution to partner with your clients to offer superior, timely, and consistent services that will result in putting your clients' properties into a marketable condition and bringing a larger volume and repeat business to your company.
It is a win-win for both you and your clients.
The role of the property preservation vendor is critical to the success of the business.
The better equipped a vendor is in communication, obtaining jobs, improving their services and getting them done in a timely manner the better off the industry becomes in getting properties back on the market.
There is a lot to learn and understand on how to become a Property Preservation Vendor and start receiving Foreclosure cleanup jobs.
Your clients will depend on you to update them on recent changes and problems that my potentially exist.
Vendors are more often than not the first individuals to see the true condition of a property.
Being your clients "eyes and ears" means you must photograph and document damages, hazards and dangerous conditions, which you may encounter at the properties.
Along with your photo documentation you will need to be sure to keep an accurate log and labeling system of the photos that you take.
This is critical when you start visiting properties multiple times over the course of a few months to complete routine work orders and jobs.
Communication as a vendor is very important.
Some updates may not be as important to your client as others, but let your client make that decision on their property.
Always communicate the obvious.
Therefore, if the property has water damage and the floors are not safe to walk on; your clients need to know about it prior to the Real Estate agent showing the property to a potential buyer.
As a vendor, you play an important part in delivering this promise to your clients.
The goal of your clients is to put each property into marketable condition as quickly as possible.
This means it is your job to communicate issues so that they can be resolved any and all issues that affect the marketability of the property.
When communicating to the client, they will most likely look to you to either set up a contractor to complete the work.
You will do this by completing due diligence and then adding your fee for completing the work on top of the bid price.
I will not go into this here but if your business does not do a particular job, this is another way that your foreclosure cleaning business can make money - hire others to do the work for you and profit.
All you need to do is oversee that the work gets completed.
The best way you can provide resolution to partner with your clients to offer superior, timely, and consistent services that will result in putting your clients' properties into a marketable condition and bringing a larger volume and repeat business to your company.
It is a win-win for both you and your clients.
The role of the property preservation vendor is critical to the success of the business.
The better equipped a vendor is in communication, obtaining jobs, improving their services and getting them done in a timely manner the better off the industry becomes in getting properties back on the market.
There is a lot to learn and understand on how to become a Property Preservation Vendor and start receiving Foreclosure cleanup jobs.
