Frank Patrick, founder of foreclosure clean out and property preservation franchise REO RESQ™, writes how foreclosure trash outs continue to be a lucrative new career. 

Scottsdale, Ariz. –May 12, 2010 – In a recent article by Frank Patrick, one of the country’s top property preservation and trash out experts, Frank discusses how the demand for property preservation specialists and foreclosure trash outs will be greater than ever before.  In the article titled “The Property Preservation Business Opportunity: Foreclosures About To Skyrocket Again,” Frank describes how Start-up costs for a property preservation business are minimal, and those who receive the proper expert training can have a property preservation company up and running in a matter of weeks. 

“In the past few years, as the huge number of foreclosures broke record after record, many of those affected by unemployment and the Great Recession found a new and profitable career by beginning property preservation field services companies that serviced, secured and performed trash outs on foreclosed homes. Those people quickly found out that property preservation is the biggest foreclosure business opportunity,” wrote Frank Patrick.  

“REO sales (homes that have already gone through foreclosure) now account for almost a third (29%) of all home purchases. In places like Las Vegas, it’s almost 50%. That’s an incredible amount of homes that require property preservation services and foreclosure trash outs – as well as an incredible amount of opportunity for those willing to try the business,” Frank continued. 

Frank’s nationwide franchise, REORESQ™, is helping entrepreneurs all across the country start up and successfully operate property preservation franchises.  Frank believes that 2010 will provide incredible opportunities for field service companies, property preservation contractors, and trash out businesses.

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 was recently featured in Newsweek, The Wall Street Journal and USA Today for his expertise and success in the REO Sales and REO agent training industry.

Read the entire article at http://www.reoresq.com/articles/the-property-preservation-business-opportunity-foreclosures-about-to-skyrocket-again.php 

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.

For more information please visit http://www.ASREOS.com and http://www.REORESQ.com