will they know where the unclaimed money is?
by lucy
From Mark: The introductory letters and script that we use are vague and don't give specifics. We also use a "smokescreen", giving them extra information that is not relevant, but makes them think there is more work involved that they would rather you take care of. If the check goes straight to the person will they still pay us? From Mark: As long as you have an agreement, they are obligated to pay you. Most people are happy that they actually received money and it was not a scam, that they have no problem paying you. What is the response rate? From Mark: I don't have an exact percentage, but it is more than 75% (at least three out of four) are responsive. Like any business, you have to work at it, keep good notes, and follow up. Can you make decent money at this? From Mark: I don't know what you would call "decent", but yes, you can make good money from this. There is so much money being held, and so many people that don't know about it. Like any business, the more you put into it, the more you get out of it. |
