I need some positive information (if there is any) about being a Property Preservation Vendor for Safeguard. I'm going to my banker to ask for a loan to start this business and I need some ammunition. How much can I make? Safeguard says I'll get 5 assignments initially. HELP!!!!

If you conduct a search you would find a bunch of information about Safeguard Properties.

From their reputation in my area and from the vendors I have talked to concerning Safeguard it has not been to positive. Besides taking a big commision off your work they have the proclivity to always cut your invoices by hundreds of dollars. From what I have witnessed, it is very difficult to make any $ with them for the amount of work, equipment and investment you would have tied up.

Do a Search and I am sure you will have plenty of information to make your decision. One thing you may consider, why are they the only Big National Property Preservation Company with Recruiters? Probably because they cannot retain peole for the way they treat them. Just something to put in your hat and think about.

I know a couple of the Safeguard contactors in this area. One of them is very good but extreeeeeeeeeeemly frustrated over their slow pay (something you might want to consider before agreeing to work for them). The other is at best average, well maybe not quite that either.

I've read nearly everything available on this forum about this company and this "angle" [that is working for the MIDDLEMAN] and am trying to answer "why would I choose to torture myself this way?"

Sxzag1 ~

Safeguard is NOT the worst and you have to get your feet wet somehow. Just look around for other clients while you're accepting work from them and DO NOT put all your eggs in one basket.

Watch out for personality disorders and chargebacks. Keep your eyes and ear open for trends and read every single memo they put out.

Each new experience I had with Safeguard brought a whole new level to the joy I felt working with them. [Being sarcastic, of course. Just couldn't reply without saying something, now could I?] LOL

Linda

Sxzag1----Linda gave you some good advice and if you are really wanting to get into the PP business that is a good way to get immersed. If you follow her tips you should do alright.

You ask for something positive and that appears to be it. At least you will be going in with both eyes open and know what to look for and what the pitfalls might be.

Linda, you got your new website up and operational yet?

a regional vendor i use cut Safeguard due to nonpayment and other issues.

Personally,
either you you know how to do the work or you don't.
Safeguard is not going to "teach" you how to perform the work.
If you allready know the work, why work for a "cut rate"?

Nick

Nicholas Andraka
REO Services
serving Maryland since 1993
HTTP://reoservicesofmaryland.com

My thoughts on working for Large national vendors:
They are going to take a huge cut of your money,
and not offer anything in the way of support or training.
What they do offer is work.
So if you can find it on your own, skip the middle man.
If you have 0 contacts, they may be the way to go till you get your name out.

Nick

I was looking into Safeco but I told them that I was most interested in the garbage removal. I did explain that I was not good at the winterizations. They told me that I couldn't turn work down. So I figured best not to go that route, especially since not only do they get a percentage but then you will get dinged for any mistakes.

Richb ~

If you're only interested in debris removal, maybe you can just subcontract from a PP vendor [or vendors] in your area. I'm sure everyone can use the help if you're priced right.

Linda

Safeguard Properties can definately give you large quantities of work. However they are notorious for non payment, short payment, and late payment issues. I terminated my services with Safeguard last month due to payment issues, and they still owe me about $3000. I have yet to encounter anyone who really had a positive experience with Safeguard.

Check Safeguard Properties out on www.ripoffreport.com
It might give you a better idea of what kind of operation Safegaurd is running.

JustMott ~

Same here when I quit. But I got all my money within about 30 to 40 days. Ironically, though, I received 3 chargeback e-mails AFTER I got paid, which means the different departments don't talk to each other.

Good luck with your money situation. I hope you get paid soon.

Linda

Hey guys and gals, he is my post from earlier. First of all this is a great board very informative. I am new to the board and have a few questions in regards to safeguard properties. My question comes as there is much conflicting information on the net regarding this company, and I come here for some detailed professional unbias clarification. Currently I am in contact with a recruter for my area southeast Michigan. I am contimplating PP because it seems like It would be a good source of revenue while my property maintenance & landscaping co., is dormant during the winter months. I have experiance in a simular field from a contract with a local municapality doing ordinance enforcement. So this field seems like a natural progression. That being said my question are, It seems that most of the issues with the nationals come from contractors not following company guidlines for procedures, and as a result have their invoices docked. Also I am used to having my invoices net 30 being that we bill lawnservice monthly, so waiting a month for my funds is not an issue because I am use to running my business that way. All in all I am not looking to break into the PP market, and have to put in the man hours to cut out the middle man. I am to busy with my current opperation,just looking for additional supplimentation. What I want to know is given my situation do you think that safeguard might be a good fit for me, and also does anybody have feedback on how profitable safeguard was for you. I have the man power and resources to take on a large volume of work can it be worth it if I do things by there requirements and dont mess up. Your info would be of great help Thankyou David.

eagerbeaver:

Did you read my response to your earlier post?

Mr. Foreclosure