A foreclosure cleanup company can obtain requests from larger real estate agents, banks, and property holding companies to bid on various services. For example, as the owner of a foreclosure cleanup company, you may need to bid on jobs like lawn care, tree trimming, gutter cleaning, trash removal, drywall repair, interior cleaning, tile removal, etc. carpet and vinyl, and more.

Making a suitable offer can be a bit tricky if you don’t take everything into account. Below is a quick and dirty breakdown of a recently completed real estate cleaning and repair estimate so you can see how the deal was made.

Offer Details

Below are the miscellaneous items the managing realtor wanted this foreclosure cleanup company to bid on:

Miscellaneous items

–Complete interior cleaning of 3966 m2. ft home – including all bedrooms, kitchen counters/cabinets/sinks, all appliances (refrigerator, oven, vent hood, dishwasher, etc.), ceiling fans, mirrors, and windows (upper and lower level, interior and exterior ) ; Broom sweep basement and garage areas.

–Change the keys to the doors (front, back and two basement doors).

–Install new garage remotes for 2 garage doors near rear; repair or replace inoperable garage door remote control held by realtor.

–Fix broken screen door at back kitchen entrance.

–Debris removal: Remove debris, furniture, exercise equipment, bicycles, miscellaneous. household items and dispose of them (except garden equipment), including clearly marked basement items. (Note: Realtor will place yellow sticky notes on items and furniture that MUST REMAIN).

–Replace all missing or broken bulbs.

–Tub caulk as needed.

Total miscellaneous items above: $2,865

For the above items, this real estate company offered $2,865.

The bid allocation was as follows: $1050 for trash and dump (large and heavy items); $525 for electrical and maintenance duties; $675 for cleaning; $225 for appliance surcharge (fridge was full of old rotten food); $300 window surcharge (3 level home, interior and exterior, tall windows); $90 equipment rental, pickup and delivery.

Please note that the company’s earnings have been incorporated into the above figures, and we did NOT give the realtor a breakdown of the offer, other than the paint parting in case they wanted to opt out of the painting. (See paint breakdown part below.)

Paint Portion Estimate

–“Touch-up” paint of entire interior of home (APPROX. 2,644 SQ. FT. FINISHED MAIN AREA), including water stains on ceiling in living room area off kitchen. The estimate also includes touch-up painting of the square footage not included in the main finished area, specifically the “hallway areas” that lead to the basement and/or garage. (Does NOT include any painting inside the basement and garage). 2644 sq. foot x $1.25 m2 foot

Total per Painting: $3,305

Estimated Subtotal: $6,170 (less $50 discount in connection with the realtor’s affiliation with a local multiple listing service)

Total Estimated FINAL: $6,120.00

Notes included with the quote:

–Payment upon completion as described in the formal terms.

–Owner/Realtor will provide and/or sponsor contractor for paint, locks, shades, light bulbs, garage door wall panels, and openers. As per the request, the quote is for labor only. However, the contractor will provide cleanup and debris removal supplies.

–After viewing, there was no need to remove debris from the exterior or do any yard work.

–This Estimate/Offer is valid for 7 (Seven) days from the date of the Estimate/Offer. If the Client accepts the Estimate/Offer, sign and return according to the Instructions attached to the Contract.

–Days to Complete: 2 Days (Two Days)

EstimateMachine?

In the early stages of your foreclosure cleaning business, as explained in detail in How to Start a Foreclosure Cleaning Business, you will be an estimating machine, but the more estimates you submit, the better you will get at prices and real estate deals. estate. and foreclosure cleanup jobs.

Prices and offers

Various internal markup percentages and various soft and hard pricing factors influenced this estimate.

For example, geographic distance (home is 50 miles from office base of operations); rental property being put back on the market; the scenario was a real estate agency that dealt with evictions, repairs, and subcontracting the work for the homeowner; elegant subdivision; spacious three-story executive house; various heavy items in debris (exercise equipment, bikes, tools, etc.); and other relevant factors.

A Word About Paint Estimates

Please note this estimate requires “touch up” paint. Be careful when a customer requests touch-up paint, because it’s often easier to paint everything. But in a true touch-up job, you shouldn’t have to touch window frames, baseboards, cabinet interiors, etc.

Note: You can find out the square footage of a home (to include in the estimated portion of your paint bid) by visiting the county’s property search website.

Good luck with your estimates in your foreclosure cleanup business! And remember, the more estimates you submit, the more comfortable you’ll feel writing them, and ultimately, the more business you’ll get.