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Asset Management Specialists
Asset Management Specialists AMS, AMSREO AMS has very unethical business practices when it comes to their subcontractors Internet, Internet
2nd of Feb, 2011 by
We've been subcontracting for AMS for over a year now, and they seem to be getting worse, and more importantly, more greedy. It is often hard to get an invoice from them that is actually correct, and when there is a discrepancy, it usually takes more than a week for them to correct it. I wish there was a way to contact their clients to let them know exactly how, we as subcontractors, are treated. Emails often go unanswered (which is probably blamed on the subcontractor and notonAMS'slack of willingness to get the job done correctly). If I am at a site and try to call in to identify a problem, I will undoubtely get a vm and no phone call back.


I have tried to give this company the benefit of the doubt, but I have come to the realization that AMS really does not care about their subcontractors; all they care about is making money at the expense of the very people that are allowing them to excel. They pinch every dime they can from us and expect nothing short of superior work. But when we perform as such, we are not rewarded. Instead, they will deduct money from you just because you're doing business with them. It is really awful when youdo your best, only to have to deal with the greed of such a successful company. And to make matters worse, they're successful because of the very people they are taking advantage of.


I hope one day their clients come across some of these reports and really look into their business practices. There is money to be made in this industry; I just wish some weren't so greedy.


Comments
4704 days ago by Brianfulmer
I agree. We have been with them for 5 months. If a job doesn't get paid, good luck getting that straightened out. Its always rush rush rush but they pay soooooo little that you can't make it work. We will be ending our term with them this month. I can't afford to send my men on their jobs anymore.
4515 days ago by MADD
Please do not work for AMS there shysters. The worst part is there is nothing you can do, just get screwed or quit.
4482 days ago by Febleso5
If you have been scammed by them please contact me at 917-681-3397

thanks
4410 days ago by Apex
Your right never work for amsreo, they pay nothing, routines are 15 dollars and you drive up to 100 miles to do it, it cost more for fuel, its insane. How they get away with it I have no clue, could be idiots like me working for them I guess. Doing up to 40 yards of debris for 120 dollars, it cost 17 dollars a yard to dump it, hmmm lets do the math. Anythig over 40 is 20 dollars a yard. Worst part they dont pay for labor, only material, and thats what they say it cost, I think they get there prices from the Dollar Store. So just work for another company. I would if any were hiring.
4328 days ago by Bp2468
Payment does just get harder and harder to obtain. Now they have set up the new direct transfer by wire into your banks. What a joke. AMS has found a way to screw that up also and make it drag out as long as possible before they pay the contractors. We have worked for them for 2 years. The accounting values of this company are the worst in the industry. Why in the world Fannie Mae has not done their job and pursued the complaints of contractors is beyond me. But I guess the government does not care about us REAL Americans anyway. If your looking to make good money and be paid on time, DO NOT work for AMS.
4282 days ago by Jennyloulolo
AMS, AMS.AMS. How does this so called company stay in business? They have had numerous complaints not trat thier own employees correctly, The place is a sweat shop! They sign contractors on every day do not pays them what was promised, they find a nitch some shiester Lawer that is employed by AMS wins the battle, Insurance and banking needs to see some complaints they will be more than glad to take on your case, Good workers, good contractors being taken advantage by some low life company called AMS Please don't let anyone else get hurt.
People in good faith just trying to make a living and being taking advantage of...Recent and current employees will take you back with this just call them
4282 days ago by Jennyloulolo
AMS CHEAPEST LYING COMPANY IN THE USA!! DO NOT WORK FOR THIS COMPANY YOU WILL NOT GET PAID ENOUGH TO COVER YOUR EXPENSES, YOU ARE PROMISSED MONEY UP FRONT, WHEN YOUR INVOICE FINALLY GETS TO YOU THERES TOO MANY DEDUCTIONS TO COUNT THATS WHEN YOU REALIZE YOU ARE PAYING AMS TO WORK FOR THEM!



//////////////////////////////////////////////////////////////DO NOT TRUST THEM!!!///////////////////////////////////////////////////
4282 days ago by Zhangrong
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4184 days ago by Poohbabe
Well we are very frustrated and havent even got the first house yet. We spent LOTS of money and did everything they ask then was told we were ready to go to find out weeks later they lost us in the system. We emailed and called because THEY said they needed workers in our area soon, but must not. They should have to pay us for the Insurance money they cost us the last few months. This has been very frustrating and financially hard on us. I can't believe the work ethics.
4184 days ago by Poohbabe
DOES ANYONE KNOW ANOTHER CO TO WORK FOR, OH MY THIS HAS BEEN AWFUL!!! WE HAVENT EVEN WORKED YET JUST PUT OUT MONEY ON WHAT THEY SAID WE NEEDED TO FIND OUT THEY NEEDED MOOOOOOOOOOORE THAN WHAT THE CONTRACT STATED. HOW CAN YOU RECOOP YOUR INS MONEY THAT YOU SPENT. I WAS REALLY HOPING THIS WOULD WORK!!! SOMEONE PLEASE EMAIL ME WITH SOME GOOOOOOD NEWS
4002 days ago by JRELIABLE
THIS IS THE WORST COMPANY TO EVER WORK FOR. THEY ARE COMPLETE LIARS AND SCAM ARTISTS, THEY GOT SOME BIG ACCOUNTANTS TO FIND WAYS OF GETTING YOU TO PAY THEM FOR WORK YOU COMPLETED. THEY CHARGE 20% OF EVERYTHING YOU DO THEN THEY DON'T PAY BUT ONCE A MONTH AND IF YOU WANT YOUR MONEY IN 45 DAYS IT WILL COST YOU ANOTHER 7%. AND THEY USUALLY FIND REASONS TO NOT PAY YOU FOR AT LEAST 20% OF YOUR COMPLETED JOBS. IF YOU DID $10.000.00 WORTH OF WORK FOR THEM IN A MONTH THEY WILL GET ABOUT $4700.00 DOLLARS FROM YOU AND THAT'S NOT COUNTING THE $50 CHARGE FOR GETTING YOUR MONEY OVERNIGHT. TRY AND DISPUTE IT AND THEY WILL NOT RETURN AN EMAIL OR ANSWER YOUR CALLS. I HAVE BEEN IN THIS BUSINESS FOR A LONG TIME AND HAVE WORKED FOR SAFEGUARD, FIELD ASSETS, HUD, AND MANY OTHERS. WE ARE STILL COMPLETING WORK FOR THE THREE BUT WE WILL NEVER WORK FOR AMS AGAIN. PLEASE DO NOT WORK FOR THESE PEOPLE THEY ARE TERRIBLE. IF ANYONE KNOWS OF A BIGWIG AT FANNIE MAE PLEASE SEND OUR WAY AS WE HAVE MANY THINGS TO TELL THEM ABOUT.

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