How To Start Your Own Home Inspection Business – Even during the COVID-19 pandemic, real estate is a safe long-term investment, so getting a home inspection certification is a smart business practice. As an essential service, we’ve quickly adapted to the new reality, allowing home inspectors to continue making money while working safely.
Home inspectors are important to ensure that home buyers and current homeowners are aware of the potential advantages and disadvantages of the property they own and want to buy or sell.
How To Start Your Own Home Inspection Business
Starting your own home inspection business doesn’t have to be a pipe dream. It takes effort and dedication, but there are some basics you can model to help you start a new business. Here are some important tips to help you find success in your new venture through the 5 main pillars.
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Addressing these 5 key areas will increase your business’ chances of succeeding and continuing to grow as much as you want. Because being a home inspector allows you to design your own happiness.
If you’re embracing the entrepreneurial spirit and thinking about becoming a home inspector, there’s great value in connecting with a brand that supports a family-like team environment and offers the best training and support available in the industry through a proven franchise model. It sets you up for success. Learn more about how to join our team. We offer franchise financing in the United States through our partner, Key Commercial Capital. “Expert verification” means that our financial review board has thoroughly evaluated the article for accuracy and clarity. Our review board is made up of a panel of financial experts whose goal is to ensure that our content is always objective and balanced.
Written by Ruben Caginalp Written by Ruben Caginalp Associate Writer for Arrow Right Ruben Çağınalp is an Associate Writer at Arrow Right focusing on mortgage topics. Contact Ruben Caginalp on LinkedIn Contact Ruben Caginalp on LinkedIn Email Email Ruben Caginalp
Review: Jeffrey Beal Review: Jeffrey BealArrow Right President, Real Estate Solutions Jeffrey L. Beal, President of Real Estate Solutions, has 40 years of experience in many phases of the real estate industry. Jeffrey Beal Evaluation Board Information
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A home inspection is a key part of the home buying process. You should seek out qualified professionals to thoroughly inspect your building’s interior and exterior for serious structural problems, hazards, or aging systems. In the current hot real estate market, more buyers are skipping inspections, but they are taking their own risks.
It’s important to review the seller’s public statements and add a home inspection reserve to your purchase offer, as inspections can uncover “deal-breaker” issues. The inspection provides an expert opinion about the property and helps you make an informed purchasing decision.
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A home inspection is when a certified professional visits your home to assess its condition. A home inspector will typically look at the major components and systems of a home (such as the stove, air conditioner, and foundation) to see if there are any problems that require immediate attention or that could cost the homeowner dearly.
Home inspections are not intended to find all possible defects. Instead, inspections identify safety issues and major issues that require significant repair. The inspection results can help you decide whether to complete your purchase or request a repair or repair credit.
It’s important to know what the home inspector is looking for. Doing a little homework beforehand can help you understand your home inspection report so you can assess the condition of your home and any issues that need to be addressed (if any).
A home inspection can take 2-3 hours or more depending on the size and extension of the building. Housing inspectors provide written reports, service contracts and consumer notices. They generally encourage the buyer (or real estate agent) to attend the survey to discuss the findings in person and ask questions. If possible, it is best to attend an in-person inspection.
Preparing For A Home Inspection
In most cases, homebuyers pay for the inspection when they receive the service. Fees can vary depending on the location, size and age of the home, but according to Angie’s List, home inspections average $300 to $450.
Professional home inspection checklists may vary, but home inspectors focus on the physical components and systems inside and outside the home. Knowing what the inspection covers and what it doesn’t can help guide your next steps.
Home inspectors usually inspect readily available components. Standards can vary from state to state, so check with organizations such as the International Association of Certified Home Inspectors and the American Association of Home Inspectors to determine specific requirements for your area.
Some home inspectors offer additional services, such as mold or carbon dioxide testing, but expect to pay extra for these special tests.
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A home inspection is an intensive process that provides detailed information about the quality and safety of the property you have agreed to purchase. It’s important to remember that inspection results shouldn’t be the only factor in deciding whether or not to buy a home, and you should expect to have some issues that need to be addressed anyway. Ultimately, the time and effort you put into tailoring your test will help you make the best decision.
Review: Jeffrey Beal Review: Jeffrey BealArrow Right President, Real Estate Solutions Jeffrey L. Beal, President of Real Estate Solutions, has 40 years of experience in many phases of the real estate industry. About the Rating Board Jeffrey Beal, President, Real Estate Solutions * Available in most states. The special discount automatically applies to all states including NY, TX and WA. Select a state to view options and requirements.
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