This is my understanding of this abomination of an "industry", and please understand I do many different types of FS and am speaking in generalities:
Someone in the financial sector (bank, asset manager, auctioneer etc) has "property" somewhere and needs either work done or an inspection of some type. Since they CAN'T POSSIBLY have employees in every corner of every state
, and since they CAN'T POSSIBLY be bothered with contacting Joe Lawncuts and Sally Maidservice on their own, a new breed of criminal has sprung up, the regional and national order mills. Of course, these cretins take a cut of your fee for doing nothing more than making you aware there is work available and making sure you dot your t's and cross your i's. And apparently there is an even more lowlife scumbag that accepts orders from the regs and nats and takes a piece of that and subs it out once again. I think it's incredible in this day and age of labor laws these scoundrels are even able to operate in this fashion.
I was reading a blog by Sophie (you know, Sophie?) that claims foreclosures are DOWN by several different industry trade papers and players. I'm so
glad all I ever did was wints, locks, small repairs and a few trash outs. I read all you guys on here just fighting tooth and nail for work just to make a few bucks. A word of advice: have a plan B. I see where the industry is headed. Longer drives for more information and less money. I have been doing this gig for 10 years. I started as an actual home inspector. Then my "partner" was unhappy and split, so I had to do what I had to do. I was doing construction draw inspections for an outfit and I thought to myself "Hey, let's see what else we can do in this field services thing". So I started doing work for insurance companies and commercial banking, but some of the regs and nats that do those types of jobs ALSO farm out PPI. So I took what I could get that didn't require a truck.
At my peak I did $25K a year, which I was happy with, no complaints. And I took everything that came my way. Several companies I even named my own price with. Oh, those were the days! Fast forward to 2012 income tax return. $8K. I got spoiled. The economy was tanked, people were taking jobs for 1/4 what I made on them a few years earlier and I absolutely refused to work backwards. Now I have sucked it up on some of that, had to, but for the most part if I can't make something reasonable after paying for gas and PUTTING MY VALUABLE TIME INTO IT, they can go take a flying
. These con artists never seem to take our TIME into consideration, and they all expect you to do their cut rate job "while your in the area for other reasons". Bull. Ohhhhh... this industry sucks sucks sucks......
Thanks for providing a forum where I can vent with others who understand my plight, and thanks for looking! Just out of curiosity, does anyone know of a forum like this one for the insurance and commercial banking side of this FS thing?