Trash valet service is when trash and recycling get picked up outside your door.
These services are typically performed at multi-family residences, or apartment buildings. Residents simply put their trash outside their door and the valet service employee picks it up. Then, they either deposit it at your on-site trash receptacle, or they take it to the dump themselves.
This service can be very attractive to potential residents since so few people enjoy taking out the trash. It’s something that can make your apartment complex stand out to potential leasers.
But like trash services, valet trash services can be overpriced. How would you know? Below, we’ll show you three ways you can save on your services.
Check out other vendors.
The easiest way to see if you’re overpaying is to ask other area vendors what they charge for similar services. If other area vendors charge way more or way less than what you’re currently paying, you’ll get a good baseline for how fair your prices really are.
Keep in mind, though, that rates are not the only thing you should compare. Some vendors may have certain clauses in their contract that would impact their overall pricing. Be on the lookout for auto-renewal clauses and language prohibiting price hikes. If vendor A includes rate caps in their contract, and vendor B doesn’t, vendor B will likely cost you more in the long run.
It’s also wise to ask vendors for references. Asking pointed questions of these references can help you understand what potential shortcomings may be. (See the video below for an example of why getting references is such a good idea!)
Rates should not be the only thing you compare! The cheapest service provider may have a terrible track record. You can also google their business and see how their clients rate them.
2. Scour your contract
It’s critical to your bottom line that your contract does not include:
auto-renewal terms
the possibility of additional fees and price hikes
zero provision for bad service
Auto-renewal terms will ensure your current contract renews. Not all contracts have the provisions you actually need to make sure you don’t overspend. You don’t want to be stuck with a bad contract!
You don’t want surprise additional fees on your invoices. And you certainly don’t want price hikes. You must have language on your contract that limits the possibility of this happening to you.
Valet services are an excellent amenity, but they’re not perfect. You need to make sure that you contract specifies that you have recourse in the event that service is not performed well, or inconsistently.
We audit our client’s valet services precisely for these reasons. It’s easy to have a bad contract and not know it. It’s easy to employ the most expensive service in town and have no idea.
Take some time to review your services to make sure they’re actually working for you.
Do you have valet services at your locations? Have you run into any waste service issues in the past? Sound off in the comments below! I’d love to hear your thoughts.