All I ask of my inspectors is that they be honest but not picky. Report on what you see, not what might be there. Speculation kills sales. If you think there is something there just suggest that the buyer investigate further but don't guess yourself. As in any profession report what you know and what you are expected to know and don't comment on something you don't or shouldn't be expected to know. Just as in Real Estate sales, we are encouraged to work in our areas of expertise and not try and handle transactions for areas or kinds of properties we have not been trained for or in areas we don't know.
I think that if you're a service provider - any service at all - and you're afraid to perform that service, that you might benefit from therapy, but you can't let those fears get in the way of doing your freaking job!
Inspector - who do you want to have sue you? The agent, or the buyer? I think the buyer is always going to be quicker to sue and will have a much better case than the agent. What's the agent's case going to be?
Agent: "I coulda gottin a comishun, but da nasty 'spector sed the roofs were rotted."
I started in a down market when I was in my twenties. I am now in my 50's and I wish I had known what I know now!
Here's my advice. As you've quickly learned Real Estate is a tough business. There are many myths about the industry and how Realtors make millions. Not many do. That said, the industry is changing and in a good way. Over the past 20 years, I've been with Re/Max, and as well as a Long and Foster a large local company here in Virginia. However it wasn't until a friend introduced me to Exit Realty that the lightbulb came on and I realized what I'd been missing.
At Exit, they supply you with the most amazing tools to be successful. They go out of there way to make sure you the Realtor have immediate tools to be successful. They pay as soon as the settlement check arrives and the training is awesome! But better than that, they pay you residuals and offer retirement benefits and beneficiary benefits. No kidding! Just like your life insurance agent get residuals year and year on a insurance policy, Realtors can now have the same benefits.
Can you imagine having all the money you would need for college funds?
Let me put it this way, if I had started as an Exit Realtor early in my career, it wouldn't matter what kind of market we were in, good or bad, one would still have money coming in to help with the costs of running your business!
Here's the link http://exitrealty.com/residual.aspx
Click on the middle box and click on RESIDUALS! It will blow you away.
Please don't hesitate to email me with questions, and please if you like what you see and hear, remember who introduced you to Exit Realty! Thanks... more