Repossession agents are agencies or specialized people which offer repossession services on mobile homes, aircraft, and motorized vehicles and so on. They undergo special training for such a job and also need to have a license before getting things in motion.
Also, different states have different licensing policies so if you are unlucky enough to live in a state with stringent rules, then you're up to more work than you've expected. If you live in Florida, then you probably asked your self the question "How to start a repo business in Florida" by now.
The Department of Agriculture and Consumer Services, Division of Licensing will most likely be your way to start. The first thing you will need to fulfill will be the basic qualifications for such a license. Your age must be at least 18 years, you will need a legal alien resident or a US citizen, or will have to be granted permission to work within the United States, and you will also have to provide your curr ent address. But those will not be enough.
Among those, you will need to have at least one year of training or experience within this field and able to cope with aircraft, motorboats, mobile homes and aircraft repossessions. You will still be regarded if you have worked as an EE licensed intern.
Another thing you won't want to forget is getting a commercial driver's license, which you will definitely need to lease a truck. It is not a mandatory necessity to start a repossession business, but you will find it to be useful on the way and will surely decide on getting this license. Working for an already well established agency on the market will earn you some valuable experience as well when you will want to start your own repossession agency.
There will be a certain form you will need to fill in. After doing so you will need to pay a fee which will be displayed on the application form you've filled in, and of course, submit the form. Other additional documen ts and papers will be also sent along with it. The address you will need to send it to be the Department of Agriculture and Consumer Services, Division of Licensing, Post Office Box 6687, Tallahassee, FL 32314-6687.
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