While there is some saturation with surplus recovery business owners, it's nothing compared to the billions being escheated (taken) by county offices. U.S. census estimates put the total amount of recoverable assets at approximately 5-7 billion.
Every year, hundreds of thousands of properties are sold at auctions for delinquent property taxes. When these properties sell for more then the taxes that were owed, surplus funds are created and is supposed to be paid to the person who lost the property. Unfortunately, either people don't know there was a surplus created or they think any extra money ...
No, you can do this business nationwide without having to any traveling all from your home office.
No, you do not need to be an investor or have any experience in real estate to recover surplus funds.
We want you to have access to as many lists as you want so rather than you being reliant on us for lists. Our materials show you how to locate and retrieve surplus funds lists.
Monthly business expenses can include printing and mailing postcards, your website hosting, skip tracing membership. Some other more optional expenses include hiring virtual assistants, attorneys fees, and traveling notaries.
No, you do not need a real estate license.
Trust can be built a few different ways. You can send them to your website, give them a copy of your drivers license and company info. Probably the most powerful is by making sure the claimant understands that you aren't asking them for anything upfront and you only get paid when you've successfully collected the funds.