I can’t remember the last time I visited a Sears store. Sears was the Amazon of the 1900s. It was started in 1892. Today, Sears is preparing for bankruptcy. Many of its supply vendors will not be paid.
The Mortgage Segment is the Sears of the field services industry. It is the home of $3 mortgage inspections and 99.5% of the fraud, greed and corruption in the industry. The economy is booming with unemployment at record lows. The Mortgage Order Mills are playing lots of hurtful games and the average mortgage inspection fee is lower today than it was 20 years ago. It seems as if both hurricanes Florence and Michael blew through the Mortgage Segment. Many of the the Mortgage Order Mills are gone and the few remaining are on life support.
Don’t become a victim. Focus on the commercial segment … the home of the higher quality firms that pay the higher fees.