When a recently onboarded Client of mine contacted me last week, their first question was why are you charging a Retainer for what you do? While it was an odd question, I put it like this: Currently, you are having problems with low wages and getting paid. Neither of those issues are you able to fix. I bring white glove access to private label firms whom are paying seven to ten times the amount you are receiving now and why are you waiting for pay, being short paid and accepting no pay work orders. At the end of the day, that is what it is all about. And while I recently took on two cases of no pay to female contractors, one of which was a hispanic female, I have had to dramatically cut back on the assistance I render due, in no small part, to a lack of funding. Fact of the matter is that there is little to no money in our Industry. With the massive layoffs ongoing by firms such as MCS and others, the real question is whether or not there will be a dramatic increase in both no pay fraud as well as illegally inflated 1099’s to contractors as seen by Fast Eddie San Roman’s Assero, last year.
Rebranding and migrating Contractors into the private sector is where the Gold Rush currently is, along with the nonprofits that I represent today.
For over a decade and a half, Foreclosurepedia has been the only Labor centric publication alerting Labor with both opportunities and the dangers of firms refusing to pay.
Property condition assessments (PCAs) (also known as the property condition report, or PCR) are due diligence projects associated with commercial real estate. While similar to those within our Industry, there are differences which the inspector will need to understand. First, you need to understand there are three primary ways to bill. Your percentage of the sale price, your hourly rate, the cost per some ratio of square footage, or a flat fee based on the type of building. On average, you are looking at 16 to 30 cents per square foot if you know your trade.
When commercial firms look at your company, it is far different than our Industry. They want to see a professionally designed website in combination with branded email. They want to see a portfolio, publicly available. And they want to see some type of continuing education, such as IAFST University, that is vetted and credentialed.
If you are wanting to migrate out of the low paying property preservation inspections, why not reach out today and discuss a comprehensive Retainer with Foreclosurepedia? We ensure that your company is prepared to not only better capitalize on your current contracts, but for cross-sector opportunities with municipal, county, state, federal, and private label engagements.
