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Home inspection is a great career for someone who is detail-oriented and enjoys problem-solving. And, it can be a great way to get started in the real estate industry. As long as people continue to buy and sell residential properties, there will be a demand for certified home inspectors.
Lastly, business insurance is a recommended safeguard tool to protect yourself from any unforeseen circumstances. Reporting software depends on how many inspections you do, but can be anywhere from a few hundred to over a thousand dollars. A device that you need to perform your inspections like a tablet is another few hundred to a thousand dollars. All of these things as well as marketing yourself to drive up business anywhere from $1300-$5000 before you make a penny. On the day of the inspection, I usually arrive 30 minutes before the scheduled inspection time.
You’ll set your own schedule
Additionally, continuing education credits are necessary if you want to maintain your designation. Many states currently have regulations that home inspectors have to follow in order to work. You might have to acquire a certification or a license to work as a home inspector in your state. You'll need to check your state's requirements for home inspectors and meet those qualifications prior to employment. Normally, the prerequisites to being a home inspector include possessing liability insurance, having inspection experience, holding the necessary education and passing an examination. You could be required to renew this license through periodic continuing education classes.
One day, your part-time income could surpass your primary job salary. Most new businesses require significant front-end investments and substantial overhead expenses once you’re up and running. Take control of your career and your future by being your own boss! As an employee, you’re subject to company policies, layoffs, a structured working environment and a fixed income.
Home Inspector Jobs
Some will be in nearly immaculate condition and provide a tribute to the person who tended them for years. Others will make you slap your forehead and beg to know what someone was thinking with an ill-advised renovation. You’ll also find yourself sighing in resignation at homes suffering under the weight of neglect. But how do you know if you’ll like the job once you get into it? You can start by getting a clear picture of what a day in the life of a home inspector is really like. A home inspector is not an engineer and does not have a crystal ball.
Some states require you to submit a home inspector application and/or file for a state business license. You also may need to pay an annual fee to stay registered and in good standing. Find an Inspector tool to get connected with a licensed inspector in your area. Moving trends showing a spike in relocations and real estate transactions thanks to the COVID-19 pandemic, the demand for home inspectors will likely increase to match. 80% of all homes sold are inspected professionally before the deal is finalized.
Southwestern College
In the end, how long it takes to become a licensed home inspector is largely up to you. Both of these groups have their own courses, exams, and requirements to remain a member in good standing. As long as people are buying homes, there will be a demand for home inspectors. Sign up to get the latest HomeGauge news, learning articles, and announcements sent directly to your email inbox. You need your approved paperwork to open this type of account.
In this post, we’ll walk you through the career outlook, licensure requirements, and process of becoming a successful home inspector. But while you have lots of flexibility, you’ll still need to cater to your customers’ needs — and, often, the expectations of local real estate agents. If you’re not used to being your own boss, mastering scheduling can be tricky. An online scheduler, which comes with a HomeGauge subscription, will make a huge difference, allowing you to block out the times you do and don’t want to conduct inspections.
Multi-inspector company, you’ll have the flexibility to set your own rates and choose your own hours. Contact us any time to learn more about how HomeGauge can help you succeed as a professional home inspector. Without the drive to stick with it, starting your own business is not guaranteed success. There could be weeks, even months, of networking and establishing your reputation before gaining a steady stream of appointments. You will be interacting with realtors and homeowners looking to sell as well as potential home buyers. Your social aptitude can greatly increase the amount of business you bring in.
Then a career as a home inspector may be just what you’re looking for. Many home inspectors work as their own bosses, which is something many people desire. Even if you are working under someone else, home inspectors spend the majority of their day working alone and at their own pace.
After seeking out clients, you'll consult with them to figure out what they are interested in having built. You'll estimate certain aspects of the building process, like time, costs, materials, labor and equipment. From there, you'll create blueprints of your intended designs and present one to your client in order to seek final approval on the project. Architects, excluding landscape and naval architects, earned an average annual income of about $79,000, as reported by the BLS in May 2011. Home sellers also hire inspectors, whose reports help them set the price of the home they plan to sell.
Anyone with a background in this area — home renovation, HVAC, electrical work, plumbing work, etc. — will have a good foundation for success in this career. Even if you aren’t knowledgeable in these areas but are interested in them, and also like the idea of being your own boss someday, this is still a direction to think about. Working as a part-time home inspector, inspecting a few homes a month, you can still build high-income side business.
Though this can vary depending on how densely populated your region is, most new home inspectors cast a wide net to attract as many new clients as possible. While that can be great for your bottom line, it can be hard on your truck — and your own rear end. Here’s what you can expect as you embrace the life of a professional home inspector. After passing the FHIE, you must also obtain a commercial general liability insurance policy in the amount of $300,000.
You can work as an inspector full-time and earn a good living. Home inspectors earn an average of anywhere between $50,000 and $65,000 per year, depending on where in the country you live. Some hardworking and experienced home inspectors bring in more than $90,000 annually. If you prefer, you can also choose to work part-time and still bring in enough to make it worthwhile. Some part-time home inspectors are semi-retired, while others continue to work their regular jobs and supplement their incomes by conducting home inspections during evening and weekend hours.
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