ARA’s Repossession Matters Series: Personal Property Fees

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• Aug 21, 2020 • NewsComments Off on ARA’s Repossession Matters Series: Personal Property Fees

What Personal Property Fees Should

You Be Charging?

 

For many years now, we have been bankrupting ourselves thanks to the inability of repossession agents, lenders and forwarders to come together and address issues head-on. With our new whitepaper series, “Repossession Matters,” ARA will be addressing these issues and presenting revenue models to allow for repossession agencies to operate in a viable and sustainable manner.

The goal of the Repossession Matters Series will be to raise understanding among us and lead with one clear voice as an industry – something that up until this point has not been achieved.

With our first Whitepaper Video presentation, ARA has taken a deep dive into the true cost and potential risk surrounding Personal Property Fees.

Every day, members of our industry put themselves at risk handling potentially hazardous materials from recovered vehicles, and dealing with personal property from repossessed vehicles is one of the most difficult aspects of the recovery professional service, making it even more important to charge the correct fees for handling belongings.

So, what fees should you be charging for the care and storage of personal property? Click below to watch our first of many industry wide Repossession Matters video! 

 

 

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