Property Preservation Company REO RESQ™ Founder, Frank Patrick, Discusses the Increasing Need for More Foreclosure Clean Outs
Frank Patrick, founder of field service company and property preservation franchise REO RESQ™, writes about increasing property preservation business opportunities in recent article.
Scottsdale, Ariz. – February 12, 2010 – In a recent article by Frank Patrick, one of the country’s top property preservation and mortgage field service experts, Frank reflects on the property preservation industry boom of 2009, and the incredible opportunities that 2010 will provide for field service companies, property preservation contractors, and trash out businesses.
Frank’s recent article, “The 2010 Property Preservation Business Opportunity,” explains how property preservation is already an incredibly lucrative business, for those who know what they’re doing. Nationwide franchise, REO ResQ™, begun about a year ago by foreclosure experts Frank and Scott Patrick, has been training those who want to start a property preservation company in the special demands of this business opportunity.
“The problem of vacant homes in otherwise normal neighborhoods is a big one and growing by leaps and bounds. In addition to these empty untended homes becoming eyesores, thanks to uncared-for lawns, broken windows and graffiti, they also pose public health dangers,” wrote Frank Patrick.
“That’s why, more and more, local communities and governments have been demanding property preservation companies be hired to handle these vacant houses – and why, more and more, property preservation will continue to be the biggest foreclosure business opportunity in 2010,” Frank continued.
In addition to being the founder of the property preservation franchise REO RESQ™, Frank Patrick is also the founder of American Society of REO Specialists™ (ASREOS). Patrick has recently been featured in Newsweek, The Wall Street Journal and USA Today for his expertise and success in the REO Sales and REO agent training industry.
For more information on Frank Patrick and REO RESQ™ please visit http://www.REORESQ.com
About REO RESQ™:
REO RESQ™ was begun by two brothers with the perfect blend of credentials – one with an extensive background as a top REO broker, the other with years of experience in construction. Starting as a small family business in Kansas City, Missouri, REO RESQ™ offered property preservation and default management services to banks, lenders, asset management companies and REO agents.
In the past five years, the success of REO RESQ™ resulted in it becoming the first nationally franchised company providing comprehensive property preservation and asset management services for REO properties. REO RESQ™ provides the full spectrum of Property Preservation services including:
Inspect – occupancy and property condition inspections
Secure – lock changes, lock box installation, evictions, board ups
Preserve – winterization, emergency repairs, pool service
Prepare – trash & debris removal, janitorial service, landscaping
Repair – repair of minor health and safety issues, code violations
Maintain – ongoing lawn care, maid service and pool maintenance
REO RESQ™ guarantees quality work delivered on your schedule to get your REO listings “ready for market” – and looking their best for a quick sale. All our franchisees are fully licensed and properly insured – and trained by REO field service experts to provide the level of property preservation service that you desire. We strive to limit your out-of-pocket expenses while providing world-class service.
REO RESQ™ understands your business – because it’s our business.
For more information please visit http://www.REORESQ.com
About Frank Patrick:
Frank Patrick began his real estate career in 2000 after a 12-year stint in corporate America as a sales manager. As a new real estate agent Frank knew that he wanted to find a niche within the real estate industry. After months of research Frank decided to specialize in REO, an acronym for bank owned foreclosed homes. Frank quickly became one of the top REO agents in the nation averaging over 100 transactions per year for the last 9 years. In 2007 Frank’s production soared to over 214 sales.
In 2004 Frank and his brother Scott Patrick started a property preservation company to offer maintenance and repair services to banks with foreclosed homes. Frank’s solid understanding of the REO industry and Scott’s 20+ years in the construction business was a recipe for success. This year their property preservation business is on track to gross over one million dollars in revenue. Today Frank manages his REO Real Estate Brokerage, REO Renegades an REO agent training business, his trade association The American Society of REO Specialists and is developing a national Franchise Property Preservation company, REO ResQ.