New InterNACHI site to deliver a TOTALLY NEW WAY to make money: Pay-Per-View Reports.

[Nick Gromicko]

As many of you know, we are moving toward an industry that primarily works for home buyers to one that primarily works for home sellers. Hence http://www.nachi.org/fetchreportfriendlyseal.htm and www.MoveInCertified.com , etc. Anyway, the new site we are building for InterNACHI (8th Wonder of the World) is going to have a few new features. One will allow those of you working for sellers to offer your inspections at a base price but with the seller's permission to charge each potential buyer or interested party a nominal fee to see the report PAY-PER-VIEW. Furthermore, the system will automatically alert anyone who has paid to view one of your reports any time you upload anything else to that home's fetchreport file (such as re-inspection reports). This is also a great tool to use by those of you promoting annual inspections. It will also alert local homebuyers everytime you offer other reports PAY-PER-VIEW in the area they are shopping in.

The new InterNACHI site and PAY-PER-VIEW reports... the future belongs to us!

[Russell Spriggs]

Nick, how do you keep up with yourself?

[Nick Gromicko]

I run in circles very fast.

[Carl H. Lederhaus]

Nick,
Do you ever stop to sleep or eat? Every time I look at this board you have something new for us. You are the best.

[phinsperger]

Originally Posted by gromicko

...charge each potential buyer or interested party a nominal fee to see the report PAY-PER-VIEW.

Now if you could only add several thousands of dollars to the viewing fee if its accessed from a law office...

[Nick Gromicko]

I'm in a meeting right now with FREA's Ben Garrison and we're calling Bob Pearson at Allen to see how we can extend E&O to Pay-Per-View reports.

[Nick Gromicko]

TREC has no prohibition on offering an inspection report to parties other
than your client (for a fee or otherwise), as long as you have your client's
consent.

You are probably familiar with Section 535.220(e)(7) of the TREC Rules,
which prohibits inspectors from disclosing inspection results of client
information without the client's prior consent. However, if you have your
client's written consent to sell the report, you may do so.

We hope this information is helpful to you.

Devon V. Bijansky
Staff Attorney
Enforcement Division
(512) 465-3960
fax (512) 465-3962

[John McKenna]

This could become very interesting.

[rhumphries]

There was a thread a few weeks ago where this idea was discussed. I think I was the one who mentioned it as a source of revenue for inspectors, and that I was willing to build a platform around it. I recall there were some concerns that inspectors didn't think people would pay for a report when they could simply call the homeowner as ask to see it for free. There were other valid points as well. I personally think the idea is valid, but you would certainly have to convince homesellers that they should let you make money off a report they paid for.

[John McKenna]

Originally Posted by rhumphries

There was a thread a few weeks ago where this idea was discussed. I think I was the one who mentioned it as a source of revenue for inspectors, and that I was willing to build a platform around it. I recall there were some concerns that inspectors didn't think people would pay for a report when they could simply call the homeowner as ask to see it for free. There were other valid points as well. I personally think the idea is valid, but you would certainly have to convince homesellers that they should let you make money off a report they paid for.

If Realtors pushed houses on their internet MLS web pages with the MIC
inspection report link for access to the reports... this would work like a hand
in glove deal. The MLS page would show the house and the MIC link would
give access to reports for a small fee. They could be sold over and over.

[rhumphries]

Originally Posted by jmckenna1

If Realtors pushed houses on their internet MLS web pages with the MIC
inspection report link for access to the reports... this would work like a hand
in glove deal. The MLS page would show the house and the MIC link would
give access to reports for a small fee. They could be sold over and over.

That's an excellent idea, Mr. McKenna. Now, we only need to find NAR execs willing to let NACHI negotiate with the MLS sysops (system operators) over which the NAR has influence, if not outright control. Inspection Association Wars Part Duex, anyone? I doubt ASHI or NAHI would let InterNACHI have that much of a presence through MLS systems.

[rhumphries]

...but I do think that your idea is the best way to go.

[Nick Gromicko]

Robert, you doubted too soon. ASHI and the little "me too!" association out of Minneapolis with only 890 members are too weak to even be a factor, let alone stop us. You surely jest when you think that they have any influence over MLS systems. We already have agents linking to MoveInCertified online inspection reports from their listings in their MLS. NAR doesn't run the Multiple Listing Services and couldn't object anyway, agents are almost all commissioned independent contractors not employees and so by IRS rules and anti-trust laws, operate independently. They will do what is best for themselves and their clients (in this case, sellers).... and that means linking to the MIC reports. If agents want it, NAR wants it, or at least won't object. NAR has been pushing for seller inspections for nearly a decade now for reasons delineated in: http://www.moveincertified.com/agents. Time has come. They're already doin' it.

[Nick Gromicko]

You might want to read NAR's mission statement from: http://www.realtor.org/realtororg.nsf/pages/narmission

Mission
The core purpose of the NATIONAL ASSOCIATION OF REALTORS® is to help its members become more profitable and successful.

[Nick Gromicko]

Funny.... when NACHI admits to having a similar mission, the NACHI bashers go wild.