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Where would I go to check on bonding coverage for Virginia?  XML
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Michael Altizer
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Where would I go to check on bonding coverage as a Home Inspector, in Virginia?

Is getting bonded a good idea or a bad one?

To obtain my supra key, I need to be bonded for $50,000.00

What are the pro's and cons of being bonded and what about having a supra key (yes or no)?

Thanks in advance and stay safe everyone.
homespectors
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Location: Greensboro, NC
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I use a supra and convenient for the agent. Do you have to be bonded? Or have insurance? If insurance I use Allen, but not sure if they do bonding.

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advanced
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Location: Greenville SC
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maltizer wrote:Where would I go to check on bonding coverage as a Home Inspector, in Virginia?

Is getting bonded a good idea or a bad one?

To obtain my supra key, I need to be bonded for $50,000.00

What are the pro's and cons of being bonded and what about having a supra key (yes or no)?

Thanks in advance and stay safe everyone.


Having a Supra key is indispensable, not only for the agent's convenience but for mine, I usually do 2 inspections a day, if my afternoon house is vacant and no clients, I am free to start earlier if I want, BTW I only had to be bonded for 5000, cost me about 40 bucks for the entire year, it was an add on to my EO policy.

Stuart Malamut


stuart.malamut@housemaster.com/greenvillesc
Radon Measurement Certification
Licensed in South Carolina and North Carolina
864-641-6180
Serving the Upstate of South Carolina and
Northern Georgia
Greenville / Spartanburg / Anderson Area Regional Director of Housemaster
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Michael Altizer
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Larry J. Michael, so you get bonded through your insurance carrier? It is not required to carry insurance in Virginia to my knowledge. However having said that, I believe that every business owner should carry at least General Liability insurance (I've learned that things happen in life). I am a on the fence when it comes to E&O insurance. I do not have to have a supra key but I think that I would have an advantage over some of my competition. The top inspectors around here do use a supra key in the New River Valley. In Roanoke things are a little different than up and over the mountain.
Michael Altizer
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Stuart, after paying Affiliate Dues:

$125 – Key set-up fee (one time)

$127.50 –Annual Key Fee (paid once a year)

$55 or $40 – Quarterly Key Fee, price depends on the type of key you would like (Paid once every 3 months)

$300 Deposit or $63.18 fee – Key Fee (Paid once, depending on the type of key you would like)
advanced
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Fees are high for you, after affiliate dues, 50 dollars set up, 16 per month, I have the phone app.

Stuart Malamut


stuart.malamut@housemaster.com/greenvillesc
Radon Measurement Certification
Licensed in South Carolina and North Carolina
864-641-6180
Serving the Upstate of South Carolina and
Northern Georgia
Greenville / Spartanburg / Anderson Area Regional Director of Housemaster
NIBI Certified
[Email]
Mike Casey
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maltizer wrote:Larry J. Michael, so you get bonded through your insurance carrier? It is not required to carry insurance in Virginia to my knowledge. However having said that, I believe that every business owner should carry at least General Liability insurance (I've learned that things happen in life). I am a on the fence when it comes to E&O insurance. I do not have to have a supra key but I think that I would have an advantage over some of my competition. The top inspectors around here do use a supra key in the New River Valley. In Roanoke things are a little different than up and over the mountain.


Michael:

I am a certified inspector in Virginia. DPOR requires proof of general liability insurance minimum 250K limit. It does not require E and O, although I do recommend it.

Thanks!

Mike Casey
Director of Education
Home Inspection University
www.HomeInspectionUniversity.com
www.MichaelCasey.com
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Michael Altizer
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Mike Casey,

I am honored every time that we talk. I am aware that you are certified in the state of Virginia as a Certified inspector. I have never become certified under Virginia law since it's optional. I was under the impression that as long as you don't claim to be certified that you can still inspect and that carrying insurance was recommended but not mandatory. Are we both right? I am developing a business plan for a couple of different reasons.

I believe that you know my biggest and toughest competitor through ASHI. The company is Inspections Inc. out of Christiansburg, Virginia. The 3 Bob's: Bob Poff, Bob Peek, and Bob Ratcliffe. This is his area. There is even a Poff building in Roanoke. 19 years ago, as a very young and energetic man, I called his office price shopping, and was cut short. I walked into his office across from Wilco and spoke with his receptionist and it took me repeated efforts to finally meet him. I was so exited to finally meet him. I asked if I could do a ride along inspection with him. If you know Bob, you know what happened after that. I left Christiansburg and headed towards Virginia Tech to visit the #2 inspector at that time, the one and only Andy DeMaury. He lived in Blacksburg not even 3 minutes from the Virginia Tech Hokies. You probably know another man who played a big role in my life and his name is: Rex Cauldwell.

I told Bob Poff almost two decades ago that I was going to make it as a home inspector. Now I'm no Bob Poff but low and behold the boy just won't give up. I'm rambling on about these old timers and before I know it, I'll be one. I do respect Bob Poff but I think that with Valley Wide Realty, Bob Peek is now the man until I step up my game. Don't get me wrong I respect everyone of them but Michael Wayne Altizer is marking his territory respectively.
Mike Casey
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Michael:

Yes, I know all those guys! You are correct certification is optional. If you are not pursuing Virginia certification then insurance would not be required.

However, consider that most RE agents would most likely be referring only certified inspectors, as not doing so could be considered not in the best interest of their clients. Maybe most don't event know, just throwing it out there. I have not inspected in Virginia since 2006 and back then most agents had no idea about HI state certification.

Thanks!

Mike Casey
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Home Inspection University
www.HomeInspectionUniversity.com
www.MichaelCasey.com
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Michael Altizer
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Mike Casey wrote:Michael:

Yes, I know all those guys! You are correct certification is optional. If you are not pursuing Virginia certification then insurance would not be required.

However, consider that most RE agents would most likely be referring only certified inspectors, as not doing so could be considered not in the best interest of their clients. Maybe most don't event know, just throwing it out there. I have not inspected in Virginia since 2006 and back then most agents had no idea about HI state certification.

Thanks!


Consider the GL and E&O insurance done along with becoming Certified. If Mike Casey suggests for me to do something then it's done.
Michael Altizer
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advanced wrote:Fees are high for you, after affiliate dues, 50 dollars set up, 16 per month, I have the phone app.


Stuart, I agree 100%. That is just for 1 association of realtors but the main one for my area. I have so many things going on and so many options this time. I am listening to others this time and I'm following directions from the best in the business. I will listen to everyone but my intentions are to speak with the very best often. Some have stregnths in staying in business for 40 years with one of the best reaumes in the industry (William Chandler). Certain inspectors know how to be the very best at finding any and everything and can go on for hours with knowledge on what he's talking about (Pete Campbell). Those are just 2 instances and I could go on for days about all the greats and in what areas I consider them mentors. Pete Campbell and William Chandler are 2 of the inspectors who have called me and spoke to me and shared their knowledge with me. I respected both men before from InterNACHI and this message board. I can tell you that they both are as cool as cool can be. Pete and William are different but they both have touched my life forever and I am proud to call them my friends. I can't wait until the day that I get to shake both of their hands.

Another man who has a very busy schedule that I talk to occasionaly is Nathan Thornberry. From phone calls to Facebook messenger this young man sacrifices his time and knowledge to help me. I have dealt with Nathan over the years debating his products/services and he is the same now as he was back in 2010. Why wouldn't I listen to a man who has done so well with his life. You know.. ... there are some Nathan haters out there and I have dealt with every one of them myself and a couple of other's from InterNACHI. I almost quit InterNACHI back in my first month. Nathan was one of the one's who had my back. He stuck his neck out for me and every one turned their attacks from me to Nathan.

There are so many others that mean so much to me but I need to stop for now. I'm rambling on like a sweet little old lady only without the lady part.

Stay safe man.
Nathan
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Seems like you're digging pretty deep and asking the right questions Michael

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Michael Altizer
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Nathan, I've never wanted something so bad in my life as to be a Home Inspector. I know you say that I am. I am a man with knowledge of buildings and components and yes I have the title of a home inspector and I have performed residential home inspections over the past 19 years along with foundation certifications and inspections for vendors like 5 brothers, etc. So yes I do have some experience and knowledge.

My classification of a successful home inspector: A man who has what it takes both physically and especially mentally fit. A man who lives and breathes this business. A man who has all of the tools, knowledge, resources, agent referrals, etc. so he can be out there everyday. A man who has to get at least 10 inspections a week, each and every week or it drives him crazy. A home inspector saves lives and can be counted on in tough times. I could keep adding to this list. I kid you not Nathan, every Home Inspector on this forum, InterNACHI, ASHI and NAHI members, etc. both male and female, black, white and everything in the above description are my heroes. Each and every one. They are my role models and mentors. They have what it takes. I pray for each of them and you as well, and your knowledge to keep people safe. I pray for safety, success, good fortune, happiness and success. Juan Jiminez has a wife and children, 1 is on the way and he just bought a house and is running a multi inspector firm. I pray for Juan, and Troy and Brad who are all Virginia Home Inspectors.

You know how I feel about certain inspectors like: William Chandler, Pete Campbell, Ken Ellison, Scot Baker, Frank Rotte, and all of the other's. When Mike Casey and Home Inspection University came along this industry got better. When you opened this forum, this industry got better. Now here is the icing on the cake that some people may or may not like: Nick Gromicko's and InterNACHI have helped me out over the past 5 years. Like it or not InterNACHI led a good deal of us on this forum together. Nathan that's where I first learned about you. William Chandler use to be an InterNACHI member and he may not remember it but he started a conversation with me several years ago (I remember).

I am lacking a couple of things and something that I've lacked for years to make it big. I believe I have it almost figured out to make it big. Time is not on my side like it once was. I get reminded quite often that I'm not a young buck anymore. I have said before that I will succeed or die trying. If I surround myself with successful people then I become similar to whoever I'm around more. What better company than the best people in the world: successful Home Inspectors and the very best vendors in the industry. I have loved this business for 19 years and even though I am not a success story, I read about them every day and it gives me hope and something to work my butt of for. I love this industry more and more everyday. The reason that I haven't made it to the top yet is because my story is still being written. No matter how long it takes, or how many obstacles I have to go over, under, around or through, I Michael Wayne Altizer, will make it. Failure is not an option for me.

Thank you for your kind words Nathan. Man, I just cannot shut up tonight.
homespectors
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Michael, what are you lacking to get the ball rolling? We do some inspections in southern Virginia. Maybe we can meet up for a cup of coffee sometime.

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www.HomeSpectors.com
www.TheGreensboroHomeInspector.com
www.TheRaleighHomeInspector.com
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Michael Altizer
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homespectors wrote:Michael, what are you lacking to get the ball rolling? We do some inspections in southern Virginia. Maybe we can meet up for a cup of coffee sometime.


I'd like that Larry.

This message was edited 2 times. Last update was at 08/22/2015 05:01 PM EDT

 
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