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Hi Foreclosure Cleanup Business Owners & Industry Colleagues,
Be Cautious when Hiring Laborers and Subcontractors
Hire People You Trust
 In the beginning stages of your foreclosure cleanup business, you will be able to perform many of the jobs yourself. But, in a few short months, you will start to grow and will have to hire temporary laborers and subcontractors. Hire people you trust.
Beyond doing your typical due diligence, go with your gut. The people you employ will be in your clients' homes, often in the vehicle with you for transport, and many times alone with you onsite in the early mornings and late evenings working the foreclosure cleanup jobs.
Family and Friends
If you're in a pinch with a job, don't discount hiring family and friends to help out until you are more formalized. Both my sisters have helped out in a pinch, and we've called on other relatives as well to help out in our foreclosure cleanup business.
Haste Can Ruin Your Business
Check out employees before you put them to work. It's not hard; it just takes a little time. Haste can ruin your company's reputation. Setting up hiring practices in the beginning phases of starting your business should be a solid part of your company's initial organizational tasks. This will ensure your employment forms, policies and procedures are ready when it's time to use other workers.
Even though it is firmly suggested you NOT bring on "formal" employees until you have a handle on your company's policies and procedures, you will need to bring on temporary laborers and workers to grow.
Employment Application
At minimum, have potential workers complete a formal application and call at least three of their references before you even consider them. Go online to find a simple employment application form that captures all the necessary information and permissions to run background checks and the like. There are tons of them out there.
References and Background Checks
You can run immediate information-type checks on potential workers for your foreclosure cleanup business via online websites (many for a fee). As you grow and add people that you choose to use as a regular part of your business, you will need to run official background checks. So on your employment application, be sure to get written permission to run background checks (including criminal).
Again, at minimum, check references for the temporary help you use. If a person does not have three solid checkable references (outside of their family references!), please consider moving on to the next person. You'll have more applicants than you can shake a stick at with Help Wanted postings on local online job boards.
It's Okay to Be a Little Paranoid!
Be diligent, cautious, a little paranoid and thorough. The right people will make your foreclosure cleanup business; but the wrong people can cost you a ton of money, bring harm to you and your company's image and effectively put you out of business before you even get started.
Continued success with your foreclosure cleanup business! Cassandra
Cassandra Black is the Author of Property Preservation & Real Estate Contracting & Subcontracting Directory, How to Start a Foreclosure Cleanup Business: FREE Articles & Advice Blog,
How to Start a Foreclosure Cleanup Business, How to Register Your Business with HUD & Other Government Contracting Agencies: One-Stop Resource to Locate Government Contracts, Pricing Guide for Foreclosure Cleaning & Real-Estate Service Businesses, How to Market Your Foreclosure Cleanup Business, the
Foreclosure Cleanup Business Combo Estimate & Contract Form, (and other cleanup business forms) and the Housing Authority Master Contacts List with Bonus Search Tool. Cassandra is also the CEO of Foreclosure Cleanup, LLC, Real Estate Cleanup, Atlanta, GA, and an Investor & Landlord (TheCassandraGroup RE
).
Failed Banks Listed by Month
Visit this link to see which banks closed in which month. (Remember, the acquiring institutions of failed banks can be fertile ground for foreclosure cleanup businesses.)
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