Foreclosure Cleaning - How to Price Jobs to Make the Most Money

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Foreclosure cleaning is a hot business right now. Many are getting into it, but immediately hit a stumbling block when it comes to pricing. Following is some guidance on pricing your foreclosure cleanup services.

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Foreclosure Cleanup Companies: 3 Things to Keep in Mind When Pricing Services

1. Know aid Cost: The first things to keep in mind when pricing your foreclosure cleaning services is to find out what it's going to cost you to provide a service.

For example, if one of the things you have to do to a property is replace the broken windows, then you need to find out how much the windows cost and how much it's going to cost to get them installed (if you're not installing them yourself).

To make a profit on this service, you would then add time and labor costs to that.

Foreclosure Cleaning Pricing Tip: One of the biggest mistakes foreclosure cleaning aid business owners make is not adding in the cost of "running colse to time." In business - any type of business - time is money. Keep this in mind.

2. How Much Do You Need to Make: Sometimes, pricing a foreclosure cleaning job boils down to how much you wan to make. For smaller jobs, ie, simply changing the locks on a house, it may not cost you that much to truly do it, which makes it not worth your time.

But, if you want to offer this foreclosure cleaning aid because you want to be a one-stop shop for clients, then you simply add in how much you need to make off of it to make it worth your while.

For example, if you can get locks changed for a pop, but it takes you 45 minutes to drive to the property, meet with the locksmith, drive back home and then write up the invoice, you may have spent two hours or more.

So, even though it only cost you , how much do you think you need to charge to have made this worth your while? , 0, 5? It's up to you to decide.

3. Get More than One Estimate: In the foreclosure cleaning business, you're going to rely a lot on contractors to set your prices. So you must, must, must get more than one estimation to get an idea of what you should be paying.

For example, let's say you need to get the surface of a house painted. One painter may charge you ,200, while other may charge ,000. Yet a third may charge ,600. So, what should you be paying.

To get a "pricing measuring stick", so to speak, for this foreclosure cleaning service, use the median of the estimates.

Foreclosure Cleaning Pricing Tip: cheaper is not all the time better. A lot of this business depends on your gut. With each job, you'll pick up lessons that will help you price the next one that much better.

Foreclosure cleaning can be a very lucrative business. But, if you price a job wrong, you can truly be out of business before you know it.

To learn more about how to price foreclosure cleaning jobs, log on to Start-a-Foreclosure-Cleanup-Business dot com.

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