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Last Post 07/31/2011 3:18 PM by  Ray Hall
Condo Adjusting Anyone Know Them
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hill_david
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08/21/2007 1:07 PM

    Got an invite to spend $250 to learn how to fast track condo's.  Claim $2,000 to $3, 000 per. day. I did a quick math check and it does not seem to add up.  Has anyone heard of them or worked with them.

    Web is www.condoadjusting.com 

    Could use anyones  input.

    David Hill

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    CCarr
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    Posts:7


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    08/21/2007 1:40 PM

    Condo unit owner claims - can, could, should be - the experienced adjuster's gravy assignments.  IF: the adjuster has a strong grasp of the specific policy wording, has a strong grasp of sorting through condo corporation papers to quickly grasp the definitions and perameters necessary for the relevant building, if the vendor sorts new claims professionally i.e. one adjuster = one building, for all unit owner losses, if the adjuster organizes himself and magages his/her time properly, if the adjuster develops a professional relationship with the building property manager(s), if the adjuster gets the footprint floorplan layouts for the limited types of suites in each building.

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    cowboy26995
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    08/22/2007 3:32 PM

    In order to earn the numbers mentionned in the ad you would have to be superadjuster or only doing half the job. Setting up an appointment, gaining access and doing the walk thru is theoretically simple until you throw some people into the mix. The property manager, the condo association board and the unit owners to name a few. I worked condo association claims almost exclusively in 04 and 05 and have lots of stories to tell. One needs to be very well organized and have a great working relationship with the insureds representatives. Setting up appointments, getting either board members or management to accompany you is a must, allocating enough time per unit to chit chat with the unit owner is important. These claims require as much public relations as adjustment. Once the inspections are complete allocating damages properly is extremely important. Knowing the policy wordings, reading the condo docs, referring to the appropriate statutes and formulating the proper recommendations are not normally the purvey of junior adjusters. The ad in question begs the observation" If it looks to good to be true it probably is". A well oiled adjustment team comprised of policy savvy adjusters and veteran estimators is what is required to properly handle these claims. I'm proud to relate we have succeeded in that regard and were considered the best adjustment team by the carrier we worked for. There are no get rich quick schemes that benefit either the adjuster or carrier. Honesty and integrity ensure career longevity. Clayton is right that these claims need to be handled by properly trained adjusters. To do otherwise does no one justice.

    Marc Dubois
    Executive General Adjuster
    M.G.D. Claim Services Inc.
    "Your Commercial Claims Solution"
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    stormcrow
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    Posts:436


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    08/22/2007 6:15 PM

    Read their website and listen to the videos. Interesting. One real adjuster with a bunch of gofers measuring and reporting back. $250 for the course, and they'll probably sell you the equipement. More amway adjusting.

    I want to die peacefully in my sleep like my grandfather, not screaming in terror like his passengers.
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    hill_david
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    08/24/2007 9:34 AM
    Thank you one and all. Based on your answers, I think I will pass on that one and keep on looking.
    Thanks again.
    David Hill, Lakeland, Fl.
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    Tom Toll
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    Posts:1865


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    08/24/2007 12:25 PM

    David, the best way for you to get your feet wet on Condo losses, which in many cases can run into millions of dollars, associate yourself or assist a good General Adjuster. I have worked Condo losses for many years and if you don't know what your doing, you can get your tail in trouble really quick. I find working these losses exciting, but diplomacy is a rule, as is interpreting  the condo docs and understanding the policy and declarations. Clayton is one to listen to. He knows his business very, very, well.

    Success is not final, failure is not fatal: it is the courage to continue that counts.
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    Medulus
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    Posts:786


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    08/24/2007 2:36 PM

    I reviewed the material they sent to solicit $250 to get their DVD so you can have an opportunity to join them.  It does not seem kosher at all.  A word of advice -- don't let yourself get too desparate to find work.  Flipping burgers may be more profitable than some of the "offers" with which you are presented.  Many millions, perhaps even billions, of dollars are bilked out of Americans every year on schemes to get rich quick.  If it sounds too good to be true.......

    Steve Ebner CPCU AIC AMIM

    "With great power comes great responsibility." (Stanley Martin Lieber, Amazing Fantasy # 15 August 1962)
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    okclarryd
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    Posts:954


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    08/26/2007 8:51 PM
    I don't care who they are or where they're from ............. assembly line adjusting is not adjusting.

    There's another thread here that deals with priorities. Obviously, this is a profit only kinda deal.

    Just 'cause I talk slow, doesn't mean that I am. I'll pass on this one.
    Larry D Hardin
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    Buzzzrd
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    07/29/2011 10:10 AM

    I worked along side the adjusters using this system for several months and can tell you that the system works.  I was working  with a construction company hired by the condo association to make sure the adjusters saw all of the damages. I walked along side of them every day.  The adjusters were working for the condo association and were not working homeowners policies. The association policy covered the unit and we didn't have to concern ourselves with the contents.  Each unit was one of about 4 different floor plans and John's system was pre-loaded with each different floor plan. Each floor plan had all the deminsions for the rooms pre-loaded,and all the items the association policy covered were pre-loaded.  The adjuster would pull up the proper floor plan from the system, if the unit was gutted, their work was done within a few minutes since the master estimate for that floor plan covered everything. If not gutted, they would take each room and subtract the items that were not damaged from the master and add dimensions to the items that were damaged. It worked like a charm.   We covered about 36 units a day.  After the job was finished, I contacted John Farley to make sure I could work for him after the next disaster  I saw the work the adjusters could do in a day using his system and decided to become an adjuster myself.  I bought his work book and think it is well worth the money. He covers every aspect from naming files to backing up your data so that everything is consistent from job to job.  It truly is a very effective system.

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    Ray Hall
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    Posts:2443


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    07/31/2011 3:18 PM

     This is a good money maker for the adjuster that gets the biz. from the condo assoc. This is an old post and I can see how it would be well worth while get on a persons list that has condo assoc. connection. I also can not see any ethics are legal problems on the face of this plan. This has been going on for many years.

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