Dear Fellow Surveyor:
By now you are well aware of the rapidly
deteriorating condition of our economy, and no doubt
your business is deteriorating along with it. I
have a possible solution for you.
Boat sales have fallen 75 - 80%. New
yacht listings are increasing at the rate of 1,000 per
day at Yachtworld.com. At Yachttrader.com, 70%
of all listings were posted in the last three
months. There are thousands of sellers
but no buyers since financing has dried up. It
is no longer a question of whether we will have a recession,
we are in one right now.
So, how does a surveyor survive when
no boats are selling? having survived forty years
in this business, I can assure you that there is only
one way - DIVERSITY. This business has always been
highly vulnerable to economic downturns. And
if you don't have alternative revenue stream you won't
make it. Here's and opportunity to institute Plan
B.
In order to survive, you need to play
both sides of the market - the up side and the down side.
There is still time. When the economy
takes a dive and millions of boat owners are stuck with
boats that they can't afford to continue making payments
on .....well, do I need spell it out? Bad thins
tend to happen to such boats and then insurance claims
begin to rise dramatically. When that happens,
insurance companies begin to look for good investigators
to investigate suspicious claims.
This is already happening.
And this is why I wrote Marine
Investigations, because
there is a need for more qualified marine investigators,
and because it is difficult for a surveyor to obtain
this kind of training. It is a 544
page basic tutorial on the subject of conducting
investigations. It leads you through the
nitty-gritty of conducting the investigation, as
well as helping to provide the essential legal
foundation, the knowledge of what it takes to build
a solid defense case. Why defense? When
an insurance company denies what it believes is
a fraudulent claim, they will only do so if they
feel certain that they have a strong legal defense. They're
not interested in denying claims based on conjecture
or opinion. No, they want sound evidence,
accumulated by someone who knows what they are
doing, that will stand up in court.
One of the great things
about the marine investigations business is that it is
a job that PAYS TWICE, first steady income over time,
and has helped me survive over the years.
The book has been purchased by worldwide
audience since its first printing in 2004 and is currently
in second printing.
Readers of the book come
from wide spectrum: Marine surveyors, insurance claims
person, adjusters, maritime lawyers, fire investigators
and concerned boat owners, among others.
"Marine Investigations''
has been used as a text book, along with "surveying
Fiberglass Power Boats" in a Marine Surveying School
in Netherlands as well.
The book can be purchased
online at this web site.
Best Regards,
David Pascoe
Marine Surveyor
November 2007 |