 |
|
 |
Home Inspection Business Plan & How To Become a Home Inspector
Home inspectors who are not in conformance with the minimum standards required in their state usually get away with it for some time before getting caught. Penalties can range from written warnings to license suspension, license revocation to thousands of dollars worth of fines. Telling the state you did not read or understand the regulations is likely to have as much effect as giving the police officer who pulls you over the same excuse.
So, now you went to school and passed a test or two. How do you determine if you went out on enough home inspections with an experienced inspector? My answer is a simple one. When you go out on six inspections in a row and do not find anything the experienced inspector found. If you can go six inspections in a row without learning anything the odds are you learned enough to give inspecting all alone a try.
How many home inspections will it take for you to be "safe" on your own? My guess is between 75 and 100. Finding out you did not know as much as you think you did while it training is "free". Finding out when a guy in a black dress tells you to pay up is very expensive! After every few inspections show your mentor the report you wrote and ask the inspector to pick it apart for you. No, it will not be fun but you should learn from this experience.
No matter what anyone tells you it is necessary for you to have errors and omissions insurance. Plan on spending $4,000 or so for a policy and to keep that policy in force for at least a few years after your last home inspection. Make sure at least four years of insurance protection is built into your home inspection business plan.
Where are we, you went to school, passed a few tests, went out on many inspections, learned how to write a report and are now on your way to either finding a job as a home inspector or starting a business.
Hit your local library or on line sources to find out as much as you can about running a
home
inspection business. Keep in mind everything is going to cost more than you thought it would and you are likely to take in less than you thought you would. It is common for new
home
inspection business not only not to make any money for the first year or two but to loose money. You will either have to find a way to pay your bills for the first year or two or keep another job while you start your home inspection business.
Having a home inspection business can be satisfying at times however like any business it requires a commitment and hard work.
Always keep in mind the simple fact:
If you do not write it down it does not exist. Every inspector I know who lost a case and a substantial amount of money tells me what he told the client. No one cares. Not the client. Not the judge. Not the jury. The ONLY thing that counts is what you wrote in your report in plain English. If you do NOT write it in plain English a 10 year old can understand you stand a good chance at loosing.
Bad enough you can write it clearly and STILL LOOSE, if you do not write it clearly you are sunk!
Writing it clearly enough for 10 year old can understand it is the only way I know to avoid claims. Give your home inspection report to a 10 year old, if they do not understand it write it again and again till they do.
I have never met one single home inspector who ended up in court because of what he or she wrote. It is ALWAYS because of something they did not document. Spend an extra half hour proofing each and every home inspection report can save you months of sleepless nights from claims.
Home Inspection Business Plan Part I
Home Inspection Business Plan Part II
Home Inspection Business Plan Part III
Home Inspection Business Plan Part IV
Home Inspection Business Plan Part V
|