Property Services
Property preservation work can be a great way to round out your handyman services business and hedge against economic downturns. But entering a new line of work may seem overwhelming at first. Here are a few key concepts to understand about the industry so you’re ready to dive in and feel set up for success.
As handyman, locksmith or other service provider, are you looking to add property preservation work to your portfolio? Welcome to Property Preservation 101. We’ll explore why the work is important, how it can help your business grow and what you’ll need to focus on to be successful in property preservation.
The vacant property registration (VPR) process is one aspect of property preservation that may seem insignificant at first glance. But VPRs can cause headaches and trepidation for many servicers, as small fines compound into major penalties—sometimes on a daily basis. It’s important to understand what vacant property registrations are, the risks related to managing them and why you should work with a property services partner with VPR expertise.
Property preservation comes with its share of risky situations. But working with a trusted partner can help you reduce the chance of fines and violations. Here are three important ways a property preservation services partner can be your ally—and what to look for when choosing one.
Caring for a property in default requires an understanding of various rules and ordinances as well as an experienced vendor network to complete the range of services commonly needed to keep the property in shape to sell or convey. Fortunately, a high-quality property preservation services partner can take care of everything you need.
For mortgage servicers, preservation services are critical to ensuring the properties you are responsible for are preserved and maintained in a manner that complies with regulatory requirements and local code compliance, but finding a provider that checks all the boxes on your needs list can be challenging. After all, you’re entrusting them with a lot, from securing the property, removing any debris, conducting regular lawn maintenance and winterizing when necessary.