Frank Patrick, founder of foreclosure clean out and property preservation franchise REO RESQ™, explains how more competition in the property preservation industry will increase standards and opportunities.

Scottsdale, Ariz. – September 14, 2010 – In a recent article by Frank Patrick, one of the country’s top foreclosure trash out experts, Frank explains how higher property preservation standards means more business opportunity.  In the article titled “Foreclosure Trash Outs: Powering Up Property Preservation,” Frank describes how property perseveration companies find themselves more in demand than ever and that this trend will continue.

“The inventory of foreclosures continues to increase and to reach more record-breaking heights in 2010.  Banks are still dealing with their huge backlog of these vacant homes, as well as all the many new foreclosures still occurring due to the weak economy.  That’s added up to a ‘perfect storm’ when it comes to the incredible number of vacant homes that require foreclosure trash outs,” wrote Frank Patrick.

“Interestingly enough, it’s also become about more than performing those basic foreclosure trash outs.  With REO (Real Estate Owned) properties becoming more and more prevalent – and distressed properties comprising almost a third of all real estate sales so far in 2010 – it’s no longer enough to market a foreclosure whose main selling point is the fact that it’s cheaper than a comparable home being sold by its owner,” 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/foreclosure-trash-outs-the-money-making-opportunity-gets-bigger.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