Bidding Jobs
Bidding Property Preservation Jobs
Bidding jobs correctly and completely should be a top priority for professional contractors. Quite often, more than one bid will be obtained and compared. The contractor that is able to give the bid reviewer a visual image of the true situation at the property is the contractor that more than likely will be awarded the job. Contrary to popular belief, the deciding factor is not always price. In fact, the bid that outshines the others gives the reviewer the impression that the other bidders are either sloppy, blind or just plain out don’t care; all of which are warning signs of trouble to come later – rebids, shouting matches, etc.
Not every contractor can submit a perfect bid at the beginning of their career in the business, but every contractor should be able to look at a bid she submitted today and see a huge difference between it and a bid she submitted a year ago. There should be improvement in every aspect of your business and this skill is definitely in the top five of the most important improvements to make.
If you will, picture a remote real estate investor three thousand miles from you. You are a field agent assigned by this investor to inspect properties in order for a decision to be made to buy or not buy a property. Picture also that you are allowed to submit only written field reports – no pictures and no telephone conversations. When your reports, bids and any other written documentation you submit is good enough to allow this real estate investor to make buy or pass decisions, then your field reports are where they need to be and you will actually find yourself with more work.
A contractor in the field really has no idea who all will see their bids and reports but even if your bid or report is molded and squeezed into someone else’s system, the output from that system can contain no more than what you reported. In fact, your bid or report will probably be sliced and diced to make it much smaller and less wordy so it can be passed up line to their client or an investor. Be sure that you have developed the ability to show a correct and complete picture even after all the “and’s, the’s, but’s and such” have been removed.”
The first review of your work will be by the company that sent you the work order so let’s discuss RTV.
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Eviction Process Summary
In General
Evictions are sometimes referred to as dispossessory actions, unlawful detainers, and actions in ejectment, but the purpose is always the same: for a lender who has obtained title to the property at a foreclosure sale to gain possession of the property. Although the laws vary, generalities exist across states.
Lender Becomes a Landlord
The lender often finds itself the owner of the property at a foreclosure sale. At that moment, the relationship between the occupant of the property and the purchaser at the foreclosure sale immediately changes. The purchaser becomes the landlord of the occupant and the occupant becomes the tenant of the purchaser. This forced tenancy situation is generally referred to as tenancy at sufferance. Tenancy at sufferance describes the situation where a person or entity initially gains possession of the property legally and lawfully, but thereafter remains in possession of the property without permission of the owner. If the occupant refuses to leave, an owner must resort to the courts to evict the occupant.
The above was taken from the website www.msplaw.com. Although the site offers eviction summary for just a few states, the information given gives the reader a better understanding of eviction laws. It’s good reading – particularly well written.
Agreements Among Competitors
This post is the first of what will be a continuing series of short articles designed to inform business owners of tools that may have been previously unknown to the business owner. We are applying the lablel of “tools” to everything that may be of use to the business owner: individuals, groups, associations, government agencies, reference to laws, complaint sites, etc. There will also be short articles intended to stimulate your thought processes and cause you to questions things you see and things you hear; even the things you see printed here.
A new page has been created for you to use as a quick reference to the tools we write about here in the posts. The name of the new page is “The Underdog Toolbox“.
As a business owner, you have a considerable investment in your future. In fact, your future and the future of those you care for, is probably greatly dependent on how well you are able to compete in the marketplace. Facing unfair competition or questionable business practices of others only makes your efforts that much more difficult.
If you have ever questioned the practices of companies you may be dealing with, or considering dealing with, you may want to learn a little about the antitrust laws of the United States. Antitrust complains are investigated by the FTC (Federal Trade Commission” and the following is taken verbatim from their web site which you will find listed in The Underdog Toolbox.
What Is Antitrust?
The word “antitrust” dates from the late 1800’s when powerful companies dominated industries, working together as “trusts” to stifle competition. Thus, laws aimed at protecting competition have long been labeled “antitrust.” Fast forward to the 21st century: you hear “antitrust” in news stories about competitors merging or companies conspiring to reduce competition. The FTC enforces antitrust laws by challenging business practices that could hurt consumers by resulting in higher prices, lower quality, or fewer goods or services.
We monitor business practices, review potential mergers, and challenge them when appropriate to ensure that the market works according to consumer preferences, no illegal practices. What kinds of business practices interest the Bureau of Competition? In short, the very practices that affect consumers the most: company mergers, agreements among competitors, restrictive agreements between manufacturers and product dealers, and monopolies. The FTC reviews these and other practices, looking at the likely effects on sonsumers and competition: Would they lead to higher prices, inferior service, or fewer hoices for consumers? Would they make it more difficult for other companies to enter the market?