If you read the news or go online you will see articles written about how millions of home owners are in the foreclosure process or are delinquent. The rise of modifications on mortgage loans prove that this is not a trend but a reality and a option for those looking to offer a viable business strategy.
Cleaning foreclosed properties is a evergreen business model that is very profitable typically because real estate will always be bought and sold. Homes will need to be cleaned, repaired and maintained. Your foreclosure clean up company can provide the assistance that many of these homen developers, real estate and REO investors will need to get homes ready for resale.
The key is to know who to contact to get enough business to live off of. You can start by contacting realtors because they have more listings than they know what to do with.
Foreclosure Clean Up Business How to Market for Leads
Marketing is necessary for all types of small businesses, to succeed one needs to know how to find contacts. Ask yourself who would need your services. Think about all the different types of properties that are in need of preservation. Network with all type of professions that are part of the big picture such as:
General Contractors,Painters,Plumbers,Home Inspectors,Appraisers,and Electricians, all of these professions do work for homeowners and landlords who are most likely needing to buy, sell or rent out a single family, home, apartment, commercial building or vacation home.
To get leads will require that you get on the phone, send out inquiries, through snail main as well as email, don’t forget to get involved with your chamber of commerce and local community real estate investment groups. You will have to bid for work, and once you have all your licenses and insurance,next you wlil want to deal with the bigger national property preservation companies that do national jobs because they will need to hire sub-contractors to take care of local foreclosures and REO’s.