Outsourcing: An indispensable component to build a successful asset management business
Highlights:
- As initial reports suggest, the real estate industry has been affected, with mortgages becoming under forbearance due to the economic impact of COVID-19.
- Outsourcing work enables you to scale up volume with spikes in demand without the increased cost of overheads to maximise your bottom-line and speed of efficiency.
- We offer up to 100% accuracy in our deliverables and many of our clients have made a cost saving of more than 50% through outsourcing to us, in comparison to completing the same activity in-house.
We are currently experiencing unprecedented times around the world as we continue to combat COVID-19. Different sectors have been impacted in different ways. As initial reports suggest, the real estate industry has been affected, with mortgages becoming under forbearance due to the economic impact of COVID-19. As families consolidate or abandon their properties due to rising costs or inability to pay mortgages, there will undoubtedly be a coming surge in properties being vacated.
The current CARE Act requires homeowners to be given a 180-day forbearance plan providing they state that they have been impacted by COVID-19 in order to receive relief, no additional documentation will be necessary. In addition, a lot of homeowners may choose to vacate their properties without prior notice, if they are unable to afford the utilities or prefer to quarantine together with their families.
There are several risks associated with this situation. If properties are vacated without prior notice, the risk of property damage contributing to neighbourhood blight is heightened. Furthermore, if properties are not inspected or maintained at the right time, there is a more substantial risk of endangerment of others having been exposed to unsupervised or non-maintained properties.
As most Property Preservation and Inspection companies in the USA await updated guidelines from the government on inspecting and maintaining properties during the current climate, now is the right time to strategize and analyse how to manage the audits of increased work orders and create bids quickly, accurately and cost-effectively.
Why Property Preservation Company’s in the USA Choose to Outsource Work with IMS Datawise
As demand for work rises due to COVID-19 pandemic many businesses need to balance increased cost with demand. Outsourcing work enables you to scale up volume with spikes in demand without the increased cost of overheads to maximise your bottom-line and speed of efficiency. These unprecedented times have taught all business owners that cost, flexibility and process efficiency are key to business success.
IMS Datawise are an Offshore Property Preservation and Inspection audit and bids creation company. We partner with Property Preservation companies across the USA to support them with activities such as Property Preservation and Inspection auditing, invoicing, valuation summaries, bid creation and processing, interpreting and analyzing crew reports and quality control and compliance. Our team is equipped with dual screens and a direct phone line to communicate with clients as required. We offer up to 100% accuracy in our deliverables and many of our clients have made a cost saving of more than 50% through outsourcing to us, in comparison to completing the same activity in-house.
Our teams are working remotely and are ready to begin immediately to support your requirements. Speak to us today.
