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  #31  
Old 1/4/18, 9:13 PM
Nick Gromicko, CMI's Avatar
Nick Gromicko, CMI Nick Gromicko, CMI is online now
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Default Re: InterNACHI's Free Listing Inspections Program: Answers to Frequently-Asked Questi

More added to InterNACHI's Free Listing Inspection Program - InterNACHI
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  #32  
Old 1/4/18, 10:06 PM
Michael S. Gleeson, 16000070526 Michael S. Gleeson, 16000070526 is online now
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Default Re: InterNACHI's Free Listing Inspections Program: Answers to Frequently-Asked Questi

In NY state, buyer inspections are tax exempt. A seller inspection is a taxable service. InterNACHI is a non profit tax exempt entity... You have stated that InterNACHI is my client so therefore this would be a tax exempt transaction?




Michael Gleeson, CPI
InFocus Inspection
NY License: 16000070526
716-548-0610
Serving Western NY including Erie, Niagara, Wyoming and Genesee Counties
http://www.infocusinspection.com
http://www.inspectwny.com
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  #33  
Old 1/4/18, 10:19 PM
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Default Re: InterNACHI's Free Listing Inspections Program: Answers to Frequently-Asked Questi

InterNACHI is tax exempt.... you aren't. You pay taxes on the profits this generates for you.
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  #34  
Old 1/4/18, 10:20 PM
Michael S. Gleeson, 16000070526 Michael S. Gleeson, 16000070526 is online now
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Default Re: InterNACHI's Free Listing Inspections Program: Answers to Frequently-Asked Questi

Quote:
Originally Posted by gromicko View Post
InterNACHI is tax exempt.... you aren't. You pay taxes on the profits this generates for you.
Obviously. I was referring to sales tax.




Michael Gleeson, CPI
InFocus Inspection
NY License: 16000070526
716-548-0610
Serving Western NY including Erie, Niagara, Wyoming and Genesee Counties
http://www.infocusinspection.com
http://www.inspectwny.com
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  #35  
Old 1/4/18, 10:27 PM
Michael Bitterman, CMI HI7792's Avatar
Michael Bitterman, CMI HI7792 Michael Bitterman, CMI HI7792 is online now
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Default Re: InterNACHI's Free Listing Inspections Program: Answers to Frequently-Asked Questi

Is there an ETA on when this can be started. Just had another agent text me asking me to do it for a seller she has.




Mike Bitterman CMI
SNS Home Inspections LLC
Serving all of Central Florida
http://www.snsinspections.com
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  #36  
Old 1/5/18, 12:40 AM
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Default Re: InterNACHI's Free Listing Inspections Program: Answers to Frequently-Asked Questi

Quote:
I was referring to sales tax.
You collect sales tax on inspections in NY?
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  #37  
Old 1/5/18, 11:07 AM
Gregory L. Neff Gregory L. Neff is offline
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Default Re: InterNACHI's Free Listing Inspections Program: Answers to Frequently-Asked Questi

In reference to FAQ #17, considering this is starting as "subsidized", why would anyone, agent or inspector, want to change that? Once it is free and not coming out of the seller or agent's pocket, they will want it that way all the time.
I have pushed seller's inspections since the start and the biggest push back was who was going to pay for it.



Greg Neff
Nspect Home Inspections
Strasburg, VA
http://nspecthi.com
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  #38  
Old 1/5/18, 3:49 PM
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Default Re: InterNACHI's Free Listing Inspections Program: Answers to Frequently-Asked Questi

You won't have to worry about that any longer. Every beta test had the agent come back for more, willing to pay for the inspection. That's how valuable those real estate leads are to real estate agents.
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  #39  
Old 1/5/18, 4:14 PM
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Default Re: InterNACHI's Free Listing Inspections Program: Answers to Frequently-Asked Questi

Quote:
Originally Posted by gromicko View Post
You won't have to worry about that any longer. Every beta test had the agent come back for more, willing to pay for the inspection. That's how valuable those real estate leads are to real estate agents.
There still seems to be a bit of back and forth on this topic.
Either InterNACHI will be running the program "Perpetually" or they will not. my hang up at this point is which way is it going to be run.

1. Is InterNACHI planning on funding this program perpetually? or only as a start up in each market?

2. How will this program generate enough revenue to be funded perpetually if we are giving the leads back to the agent for free?

3. How will InterNACHI determine to no longer fund the startup?

4. Once InterNACHI is no longer paying for the inspection then InterNACHI is no longer the client correct?

5. Will InterNACHI be seeking reimbursement from the Agent or Seller or 3rd Party Vendor to remain the inspectors client?



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Last edited by jharrison; 1/5/18 at 4:17 PM..
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  #40  
Old 1/5/18, 4:18 PM
Michael S. Gleeson, 16000070526 Michael S. Gleeson, 16000070526 is online now
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Default Re: InterNACHI's Free Listing Inspections Program: Answers to Frequently-Asked Questi

Quote:
Originally Posted by gromicko View Post
You collect sales tax on inspections in NY?
An inspection for a home buyer, No.

An inspection for the seller of a home, Yes.

Here is a whitepaper with a bit of information: https://www.tax.ny.gov/pdf/advisory_...es/a90_12s.pdf
Another:
https://www.tax.ny.gov/pdf/advisory_...es/a98_82s.pdf

In my pre-licensing class, it was spelled out to us that if we solely acted on behalf of buyers that it was a nontaxable service. If we did pre-listing inspections of homes for the seller, or home maintenance inspections, it is a taxable service.




Michael Gleeson, CPI
InFocus Inspection
NY License: 16000070526
716-548-0610
Serving Western NY including Erie, Niagara, Wyoming and Genesee Counties
http://www.infocusinspection.com
http://www.inspectwny.com
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  #41  
Old 1/5/18, 5:31 PM
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Default Re: InterNACHI's Free Listing Inspections Program: Answers to Frequently-Asked Questi

Quote:
There still seems to be a bit of back and forth on this topic.
Either InterNACHI will be running the program "Perpetually" or they will not. my hang up at this point is which way is it going to be run.

1. Is InterNACHI planning on funding this program perpetually? or only as a start up in each market?

2. How will this program generate enough revenue to be funded perpetually if we are giving the leads back to the agent for free?

3. How will InterNACHI determine to no longer fund the startup?

4. Once InterNACHI is no longer paying for the inspection then InterNACHI is no longer the client correct?

5. Will InterNACHI be seeking reimbursement from the Agent or Seller or 3rd Party Vendor to remain the inspectors client?
1. The program runs perpetually, like all of our programs. I don't think I need to add that to the QA page.

2. You aren't. You are trading them for paid listing inspections. Every beta test we did caused the listing agent to offer us additional paid listing inspections for obvious reasons. That's in the QA page.

3. We have no plans to abandon the program, so I can't add that question in the QA page as the premise is incorrect.

4. Whoever pays you is your client. I'll adjust an answer in the QA page to note that.

5. No. We don't want to be the client, we just have to be at first.

Last edited by gromicko; 1/5/18 at 5:35 PM..
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  #42  
Old 1/5/18, 6:39 PM
Michael Bitterman, CMI HI7792's Avatar
Michael Bitterman, CMI HI7792 Michael Bitterman, CMI HI7792 is online now
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Default Re: InterNACHI's Free Listing Inspections Program: Answers to Frequently-Asked Questi

Quote:
Originally Posted by mbitterman View Post
Is there an ETA on when this can be started. Just had another agent text me asking me to do it for a seller she has.
Bump




Mike Bitterman CMI
SNS Home Inspections LLC
Serving all of Central Florida
http://www.snsinspections.com
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  #43  
Old 1/5/18, 8:29 PM
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Default Re: InterNACHI's Free Listing Inspections Program: Answers to Frequently-Asked Questi

Quote:
Originally Posted by gromicko View Post
You won't have to worry about that any longer. Every beta test had the agent come back for more, willing to pay for the inspection. That's how valuable those real estate leads are to real estate agents.
So Internachi pays for the first inspection and then the sellers agent wants to pay for inspections after that so they can (data mine comment deleted here)... I mean connect with.... potential buyers??
Are ancillary inspections included with the free inspections... wind mit, 4point, radon, AQ, etc?




Dave Fetty Certified Master Inspector
Florida Home Inspection And Property Services LLC
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Last edited by sfetty; 1/5/18 at 8:36 PM..
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  #44  
Old 1/5/18, 8:31 PM
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Default Re: InterNACHI's Free Listing Inspections Program: Answers to Frequently-Asked Questi

First thing I did was notice how inspector seek works.[ listed by zip code]

This program might be great for small town boys but going by someones home address shafts anyone that works in a major city but does not actually live in the target zip code where the work is .It is very flawed and also the Inspectors must trust NACHI to farm it out fairly as it is prone to kickbacks .
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  #45  
Old 1/5/18, 8:53 PM
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Default Re: InterNACHI's Free Listing Inspections Program: Answers to Frequently-Asked Questi

Quote:
Are ancillary inspections included with the free inspections... wind mit, 4point, radon, AQ, etc?
No, that's in the QA page.
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