Unhappy Real Estate News

[Gary Farnsworth]

Ditto for me, too, Jim. Us CMI's are not getting the business, because agents know we do a great job at inspecting, so these agents do not hire us as to not alarm the home buyer.

I have tried pushing pre-sale inspections, but most all agents and brokers will not do them, as the defects we find will have to be put on disclosure forms, then the buyers read them, and not even take a look at the home we pre-inspect.

Right now, these agents, RE companies, and office brokers are all looking at it at the wrong way.

Anyone out there working for banks/investors/mortgage companies inspecting homes recently vacated by the former home owner that has foreclosed on the home? Contacts?

[Tim Spargo]

Looked like it wasn't getting any better on my news here this morning

The CA tax credit is almost done... I'm being told that there's a huge wave of homes that are "almost ready" and so on.

Some of this is likely just "Fear Based TV" as the media like to scare society straight.

There is a possibility that it's a "Perfect Storm" sitting just off the coast, getting ready to make landfall.

[Gary Farnsworth]

There is a company here in KC called "Value Pest". They do termite treatments for $399. They now have another company here called "Value Check". They do structure, mechanical, and termite inspections on any size home for $249. They say they are licensed, insured, and certified in Kansas and Missouri.

It is rare that commercial business goes down along with the real estate business. It is usually one or the other. When one goes down, the other goes up. Now, they are both in trouble.

Buckle up. Fall is going to be rough. That van down by the river is looking better and better.

[John Shishilla]

I am busy, worked all last weekend and two a day for the rest of this week. I have been giving away insurance inspections.