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John Ruiz started his one-man home-inspection company, Quality Inspections, two years ago in North Whittier, California, and he's already making a small profit. Marcie Geffner is a Los Angeles freelance writer who frequently reports on residential real estate.
A starting inspector should have an industrial ladder, professional flashlights, an assortment of screwdrivers and other small tools, plus plumbing, electrical, building and other code books. Anderson's start-up costs were similar, but he also bought a new truck, which added to his initial outlay. In addition to the start-up costs, you'll need savings or other income to cover your living expenses while you learn the business and build your referral base.
You'd better have some other resources, because there are a lot of times when the phone doesn't ring," says Ruiz. If you're not confident about starting your business completely on your own, a franchisor of home-inspection services can help you with signs, inspection forms, marketing brochures and the like. Training is a must to become a home inspector, even if you have construction experience.aruguruq.tk
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Many companies offer training courses, as do most of the national and state chapters of the home-inspection associations. Ruiz began his training with an intensive two-week program to find out whether he was really interested in the business. Then he offered his services to home inspectors--free of charge--in exchange for on-the-job experience.
Licensing for home-inspection services is controversial, and the regulations vary widely among the states. Some states have tough licensing or certification requirements; in other states, anyone with a ladder and a few business cards can set up shop as a home inspector.
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Find out from realtors and other home inspectors about the regulations that govern licensing in your state and any neighboring states where you might want to do business. To make your company successful, you'll need to be an aggressive marketer as well as a good home inspector. Most of your marketing will be targeted toward real estate agents.
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You may also want to advertise your service to mortgage lenders, real estate attorneys and home builders. Every time a home inspector writes a report, he or she is exposed to liability for an error or omission. That's why home inspectors use pre-inspection agreements and forms that tell buyers exactly what the home inspection does and doesn't include. Also be aware of two potential ethical dilemmas: repairs and rebates. Some home inspectors offer to repair defects they've uncovered during their own inspections, and others give rebates or coupons to real estate agents as incentives for referrals.
Anderson, Crawford and Ruiz all believe that such practices are unethical, although they are legal in some states. Check with local and state regulators to find out whether these practices are legal in your state.
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Next Article -- shares Add to Queue. Thanks all. I think Mike Holmes has a company or an affiliation with a bunch of home inspectors, look into that. These guys usually know what they are doing more so than some random company. I know the guy who did my home inspection was Holmes certified and I think did a good job.
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Make sure they use a thermal camera on the whole house This is something you don't want to cheap out on Your realtor should recommend at least three. Here are my usual recommendations: Pillar to Post Carson Dunlop Amerispec And I agree, make sure you shadow the inspector and ask questions!! At the end of the day, you're the boss and need to make sure I'm worth your rate of pay!