In this article, I will share ten pros and cons of being a home inspector in your local area. Plus, ten special questions that your clients will ask you to know if you are a good home inspector or not. If you answer them wisely, they will hire you for sure.
A home inspection is a marvelous job. People make millions from it just by working with some fixer-upper investors. But you can also work with average home buyers who are about to buy their first home and want a home inspection over it to find out the pros and cons of that house.
Is Home Inspector a Good Job?
You tell me after all the data that I have shared with you. I think it’s a great job if you are interested. Plus, you can expand your business in 14 states in the United States without any license.
If you keep your service well, you can make millions every year. The demand is raising rapidly for a good home inspector. So yes, it’s a good job to have.
Also, read: The home appraisal checklist that you must have
Do I Need A License for Home Inspection?
It depends on where you live. Some states in the United States offer license-free home inspection opportunities. But some have a rule that you must be a licensed professional to inspect a house.
Here are the states that offer license-free Home Inspection in the US.
If you are dealing in these States you do not need a license. But in other states, you might need one.
The Pros and Cons of Being a Home Inspector
Now I will share five PROS and five CONS of being a home inspector if you choose it as a career. But remember, the current market condition will create a huge effect on the inspection contracts you will get. That is why you must be updated all the time and try to work with some flipping investors. Because with them you will always have work.
PROS of a Home Inspector
So let’s dive into pros and cons of home inspection as a career. Before you start your company, consider these advantages. It is easy and fun. You will know why.
1. Start Small and Grow Big
You can start your home inspection business at home with minimal cost. The start-up cost will remain very low. You only need a few tools, to begin with, and over time, you can grow your kit as you expand to make larger profits.
2. Become Your Own Boss
Here you can become your own boss. Everyone knows how amazing that can be. You can choose what day you will work or not. You can achieve a perfect work-life balance with this home inspection business.
3. Learn it in Your Free Time
You can learn about this business in your free time. There are many online certified courses that teach people the whole process of home inspection and how to become a good inspector in their local area.
You can have your full-time job still, take this course and work as a part-time inspector. And if your income crosses your salary, you can work as a full-time inspector.
4. A High Demand Service
Modern technology is changing very fast with that, the demand for home inspectors. More and more people are involved in the real estate business, and most of them want to flip homes for a profit.
You can see the demand for the inspector is on the rise. The pandemic as it forced people to lose their jobs and start something on their own. And most of them choose real estate. A demand will always remain for a home inspector. That is the truth.
5. Can Make Lots of Money
A home inspector works on a contract basis. You will get paid after you have done your work. Inspection of homes is easy if you know that game. If you are good enough you can change a lot of money, sometimes high as $500. And in luxury homes, you can charge thousands of dollars.
6. Every Day is Always Different
Doing the same thing over and over again is very frustrating, you know that. But here, every day is different as every house is different. There will be some different problems and opportunities in every property you inspect.
Dealing with new people can be interesting if you like that. In short, you will never be bored being a home inspector. It’s interesting and filling.
7. Perform an Important Service to the Citizens
New home buyers respect home inspectors as they rely on those people to help them reduce their total purchase price or give them something they can use to reduce the asking price. The job of a home inspector is important and well-respected in every country.
CONS of a Home Inspector
Now, have a look at these devastating cons of being a home inspector. They are going to harm you if you choose a career in this home inspection business.
1. The Competition is High
Yes, you will say, in every profession competition is there. What is new about it? Yes, you are right, but competition in the home inspection business is different. When people buy homes, they invest all their life-saving in it, and no home buyer will choose an average home inspector to inspect their home.
That is why my friend, you must be the NO1 in your local area to get those leads. And to do that, you need to work on yourself and your business. Only then you will be able to stand tall in the market. You will create a unique name for yourself. It’s difficult but achievable.
2. Rules are Different In Every Country
The laws and regulations are different in every country and in every state. In some states, you do not need a home inspector’s license to get started, but in some, you need one.
For example, if you want to do business in a state where a license is mandatory, you can not move there instantly before getting the inspector license. And you know it will take some time.
Plus, there are rules in every area and in every association of those Home inspectors that you must follow. Otherwise, the dream of becoming the best home inspector will just remain a dream for you.
3. No Excuse for Error
You can not make mistakes in your calculation. People’s life savings depends on it. You must give them a correct analysis or be ready to face a lawsuit. Please don’t get discouraged. You can handle it, despite those pros and cons of being a home inspector. Believe in yourself.
How to Become a Good Home Inspector?
You must tell them all those pros and cons of home inspection before finalizing the deal. Answer these questions that every client will ask you. They will check if you are a good person or not. If you can answer these questions convincingly, money will flow into your pocket, no matter the condition.
- What does your home inspection cover?
- How long have you been doing these home inspections, and how many have you completed successfully?
- Are you only experienced in the home inspection?
- Do you offer improvements based on your inspection?
- How long will it take to inspect the whole house?
- How much will it cost me?
- What kind of report do you provide, and how long will it take?
- Can I attend the inspection?
- Do you have any membership in the home inspector association?
- How do you keep your expertise up to date in this business?
These ten questions can change the game for you as a home inspector. Note them down, and find those answers with proper data to show your clients that you are capable enough of this job.
So that’s all for this article. These ten pros and cons of being a home inspector will surely help you to know, and understand the business better. If you have any doubts, let me know in the comments. Thanks for reading. See you soon.