Originally Posted By: psabados
This post was automatically imported from our archived forum.
Im really happy for you that you live in Inspectors Utopia. I think if you look at the boards and some of the websites out there, you will find, in fact, that the 200.00 inspection is not over.
Based on you cost factors, in order to attain a 40% profit of the sale price of the inspection, your average sale price needs to be 262.00. I can guarantee you that a lot of the areas in this country have a hard time keeping 175.00 as a starting point. There's always going to be someone, somewhere who thinks that they should be the Wal-Mart of the inspection business. You know what their philosophy is, control, control and more control of the market place.
I cant remember insurance rates that you have stated since the early 90's. They cant be found unless you're RIDERED on someone elses policy.
As for E&O's. Cost can be controlled by allowing individual policy holders that option of letting them decide the amount of deductable that they feel comfortable with. If I recall the 900.00 policy carried a deductable of 2,000.00 or more. Homeowners and car owners can set their deductable amount. FREA doesn't allow it. Why? Because in the long run its money out of their pockets.
This organization has the ability and the power to start forcing some changes. You know what they say, The wheel that squeaks gets grease.
All it takes is one company to bend at the knees and give in. Let's start squeaking and put some pressure on these companies!!(upload://ag1lxCQKtikxWtcrPAYf1XfrKzd.gif)
My turn to vent !(upload://mq0HPUOEjRmXpMsYQosjCu0v24s.gif)