Florida surveyors find a hot business in a cold economy--thanks to FEMA.
RYAN LENGERICH • email@example.com • November 27, 2008
Kris Slosser’s land surveying company has three employees and a lucrative new focus -- elevation certificates.
The certificates show the elevation of a building and are used by insurance companies to determine the flood insurance rate.
In a distressed local economy, it’s a hot business for licensed surveyors otherwise kept not busy by the depressed housing market.
Property owners in Lee County by the thousands are asking for elevation certificates since learning the Federal Emergency Management Agency’s new flood maps have declared they now own property in a flood zone.
“We are getting quite a few calls, probably 50 or 60 a week,” said Slosser, who charges $85 for a single-story home certificate and $100 for a two-story home.
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