Something Stinks in this Septic Estimate
I helped my Buyers find the perfect home but like many older homes in the Las Cruces area this one is on a septic system.
Yesterday I spent the better part of the afternoon calling two different septic companies with whom the seller requested estimates on work that needed to be done on their old septic system in order to close.
Septic systems are pretty common in this particular area of Las Cruces and I knew there would likely be some work that would need to be completed in order to pass inspection. However, I had no idea what was to come next.
A Tale of Two Estimates
The sellers Broker obtained two estimates from qualified septic companies. Great! Good practice. The sellers deserves to find the best price as these septic system replacements can be very expensive. What we weren't prepared for was the huge price difference between the two companies estimates on the work needed.
The larger company, the one that most folks in our area are familiar with, came in at a whopping $7,424.98. Ouch. I know the sellers were not happy about that and I completely understood why.
Then, the smaller company came in at $3,442.00, an astonishing $3,982.98 difference! What the what?! So, the sellers broker and I sat on the phone trying to get clarification on this significant price difference as neither one of us are septic experts...far from it. (although frankly I now feel like I know just about everything there is to know about septic systems...okay, not everything but certainly more than I did before)
Who Won the Bid?
Both companies are basically preforming the same job. The only difference seems to be this - one is a larger company and one is a smaller company. Both companies work have to pass inspection from New Mexico's Environment Department. Which one do you think the seller will choose? I think we all know the answer to that one. Let's face it, something in one of these septic system estimates stinks. Peeuw!
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