
October 26, 2002
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Maintaining property key to Homefree
Prospective clients of Homefree, a residential property
maintenance company, will not
find "feeding the baby"listed in the firm's slick marketing
materials.
Nevertheless, Homefree founder, Stephen Shepard, 53, says he stepped
in while meeting at a client's home when the phone and doorbell rang
simultaneously during the infant's meal.
Such timely action is indicative, however, of Shepard's goal to "not
forget the client is our reason for being in business," he said.
The Appleton company, in a sense, allows its clients to buy time.
They pay Shepard and his small team to handle some of the fundamental
-- but hour-consuming -- property maintenance that keeps them from
enjoying other aspects of life.
Shephard's business takes "the hassle out of home maintenance," said
Appleton client Tom Schinabeck.
Schinabeck and his wife, Pat, bought an 80-year-old home in 1977
and had significant remodeling done. "When little things going
wrong, one call to Steve and everything is taken care of," Schinabeck
said, adding the it was usually the same day.
Shepard spent two decades formulating how his business should be
structured. After graduating from Lawrence University in 1972 with
a degree in geology, he worked as a paper mill supervisor while remodeling
a kitchen and bathroom in his own home.
"In my 30s, as I got into sales and marketing, experienced more travel,
and lost all that time at home. The challenge grew to get all my
home maintenance done," Shepard recalled.
"When I became a vice president of marketing for a flexible packaging
company, I really lost all my free time," he said.
Shepard reasoned that other busy executives might be in similar situations,
so when the company he worked for was sold and he transitioned to
a consulting role, he used his expanded free time to create a business
plan and formulate the Homefree process.
Shepard offers not only maintenance, but also refurbishing and restorative
care services, to those for whom time is money.
"We heard about Steve Shepard from our home inspector who we hired
before we bought the home," said Katherine Reinke, an executive
with Abbott Laboratories. "We were one of Homefree's initial
clients five years ago." Reinke estimates a savings of approximately
10 hours a month by having Shepard handle repairing and preventive
maintenance tasks.
"It takes the hassle out of taking care of a larger older home and
frees us to spend more time with our four daughters," Reinke
said.
Shepard's client base of 25 homes range in age from 10 to 120 years
old and in size from 2,000 to 8,000 square feet. They are located
from the De Pere-Green Bay area to south Neenah and are valued from
$200,000 to more than $1 million.
"I love working on homes; it's kind of a hobby, but I don't have the
time," said Ron Musil, executive vice president of Banta Corp.
Musil used Homefree for about two years and was so impressed with
the service that he consented to be on the company's board of advisors.
Although Homefree managed the remodeling of a master bedroom suite
in Musil's home, Shephard is quick to point out that "we are
not contractors or builders; we are project managers who interface
between our clients and contractors."
Step one of Shepard's process for new clients is a thorough home
inspection by a certified inspector. Wisconsin is one of only a few
states that require certification of home inspectors, Shepard said.
"In about 50 percent of (our client's) homes, we found significant
electrical and gas issues," he said. Projects are identified,
prioritized, budgeted, scheduled, and completed according to client
instructions. Homefree maintains a network of more than 250 service
professionals in the Valley to provide repairs or replacement to
structural elements and to do simple decorating or complete remodeling
projects.
"For many years, I tried to keep the news of Homefree quiet, while
I proved the business model," Shepard said. "During this
time, I was fortunate to have satisfied clients tell others about
our service and to acquire clients at a comfortable rate with my
plans to grow the business. I'm at the point now where my marketing
plan is in place to begin to accelerate client acquisition."
Shepard's business partner, Dennis DeCock will open a Homefree office
in the northern Chicago suburbs this winter.
Offices in the north Milwaukee suburbs and Minneapolis are planned
for 2004. Shepard's market research indicated his small firm could
become the forerunner for the full-service process of home maintenance,
refurbishment and restorative care.
"It is our intent to take this business nationally," Shepard
said.
The Post-Crescent, Appleton-Neenah-Menasha, Wisconsin, October 26,
2002
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