How do these companies work? (debt , eviction, Enforcement etc)

[theGuy]

www.landlordangel.co.uk
www.landlordaction.co.uk
www.legal4landlords.com
www.thelandlordgroup.co.uk

I wanted to get thoughts on how the likes of companies above make their money? There is the obvious stuff which is on the websites where they charge for each service but is there a follow on or potential ‘back end’ products / services they provide to increase charges.

Also do you think the services they provide could actually be carried out other agencies (for a lower cost) so they almost act as an intermediary (but not completely)? Do you know any that do this already?

This could be done as a means of trying to ‘automate’ a little bit of the business. And is that the only way you could automate this kind of business?

I would be grateful for any thoughts, experiences and insights you can share.

 

[theGuy]

Nothing at all on this guys? I am sure someone on here must know a thing or two about these?

 

[commodoregenerous]

Yeah, I suppose if you can advertise better than a smaller, poorly run company then you can get people to pay £200 and just contract the job out to the other firm for whatever sum, and if you do it enough you'll make money. Probably want to mention in the contract with your customer that the job will, or could be, contracted out. So, in answer to your question, I suppose you could "automate" the process, yes.

As for whether or not anyone does this? No idea, sorry

 

[theGuy]

Thanks.

Has anyone ever used one of these companies for such services at all? Did it work out for you or was it all more words then delivery of what was promised?