Insights

One of the primary issues plaguing the HOA collection agency industry is the perceived lack of differentiation between said agencies and attorneys. This homogeneity can lead to a commoditization of collection services, which in turn poses several challenges for both

Collection agencies play a crucial role in the financial ecosystem by helping businesses recover overdue debts. In this highly competitive industry, agencies often find themselves in a race to the bottom when it comes to pricing. The standardized nature of

Automation is just the tip of the iceberg when it comes to new technology, but automation without AI is simply a commodity. Modern software and digital solutions have ushered in a new era of efficiency, accuracy, and convenience in managing

In the world of debt collection, one size doesn’t fit all. While most collectors follow standardized processes for all debts, the truth is that every debtor is unique.  So, why settle for a by-the-book commodity when you can provide a

The concept of commoditization refers to the process by which goods or services become relatively indistinguishable from similar offerings in the eyes of the consumer. When applied to the collection of delinquent HOA assessments, the commoditization process can be seen

The United States has long been dubbed the land of opportunity, but it’s also known for its high cost of living. From housing to healthcare, education to everyday expenses, many Americans find themselves grappling with the challenge of making ends

What’s the deal with HOA assessments? Why do we pay monthly assessments instead of weekly? What happens when we don’t pay? At some point, we’ve all asked these questions, hopefully before having learned the hard way. The cost of living

The Real Estate Market is an ever-changing landscape, influenced by numerous factors such as interest rates, inventory levels, and economic conditions. As we look ahead, there are several key insights to consider, particularly in the face of potential challenges like

The traditional methods of manual paperwork, checks, and in-person payments can be time-consuming, inefficient, and prone to errors when working with delinquents. However, with the advent of technology, a solution has emerged.  TechCollect is revolutionizing the collection process. Click Here