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  #1  
Old 05-19-2010, 04:45 PM
Hunt Bros Lawn Service Hunt Bros Lawn Service is offline
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Join Date: Mar 2010
Location: Jacksonville Florida
Posts: 2
deposit on sod jobs

Hi everyone,
I am fairly new to the working with property management game. But here is my deal.

I was contacted by a guy who runs a tree biz to replace some sod for a property management company he is a vendor for. I went out and did the bids for him and got them today. but when I said I need a deposit before i start the work he said the management company probably wont do that cause they have to get a payment from the homeowner before they cut a check to me. he has never had an issue with deposits but then again i look at it as he doesn't have to spend 700 in sod then wait a week to get paid. His costs are really only labor costs. I really want this job cause this company manages over 1000 properties but I dont want to spend that much money then wait a week and hope the homeowners cut a check quickly. Am I being stupid for wanting a deposit on a perisable good like sod ? in florida there is a ton of sod replacement going on cause of the winter kill this year
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  #2  
Old 05-19-2010, 10:14 PM
FLAhaulboy FLAhaulboy is offline
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Join Date: Dec 2005
Location: break time
Posts: 854
Get a deposit and/or make sure you have a written contract with THIS person where he is held liable if for some reason the homeowners dont pay or etc.
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  #3  
Old 05-20-2010, 12:40 AM
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South Florida Lawns South Florida Lawns is offline
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Join Date: Apr 2005
Location: usa
Posts: 4,775
we always get a deposit on sod or any landscape materials for that matter.
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  #4  
Old 05-20-2010, 01:31 AM
ncls ncls is offline
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Join Date: Mar 2007
Location: Cleveland, Ohio
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40% down, balance due immediately on completion.
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  #5  
Old 05-21-2010, 02:05 AM
Hell on Blades Hell on Blades is offline
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Join Date: Apr 2009
Location: Fort Mitchell, KY
Posts: 515
I always get a deposit when the materials cost is out of my "comfort level". My comfort level changes based on the amount I keep in the business account, so normally fewer deposits are required during mowing season.

Draw yourself a line, then stick to it.
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  #6  
Old 05-21-2010, 02:08 AM
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unkownfl unkownfl is offline
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Join Date: Mar 2009
Location: Orlando/Windermere
Posts: 3,771
No need for a deposit as long as I have a contract. I have never had an issue but if they don't want to give a deposit I would consider that a red flag. If they have been managing 1000+ accounts why do they need a new sod guy all of the sudden?
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  #7  
Old 05-21-2010, 08:38 AM
lawnlandscape lawnlandscape is offline
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Join Date: Nov 2009
Location: Midwest
Posts: 723
We use the $1,000 rule. Any job over $1,000 we require a down payment. We try to cover all equipment and material costs with this down payment.

Most times its 40-60% down payment
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payment , property manager , sod replacment

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