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How to Price Your Foreclosure Cleaning Services 

Find out how to price your foreclosure cleaning services with this presentation from ForeclosureDataBank.com. Learn what to do to take the maximum of profit from foreclosure real estate.

 

 
 
Tags:  foreclosure cleaning services  cleaning foreclosed properties  cleaning foreclosed houses  lists of repossessed homes 
Views:  149
Published:  April 28, 2011
 
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Slide 1: How to Price Your Foreclosure Cleaning Services There is good money to be made out of cleaning foreclosed properties these days. Quite often, previous owners leave them in disgraceful condition out of revenge, and then lenders need somebody to provide a clean-up 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. Contents Introduction………………............……1 Estimating Costs..........................…2 What Others use to Charge…..…..2 Calculating Profits...........……...…..2 Conclusion..........................……..…..3
Slide 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.
Slide 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

   
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