How Much Home Inspector Salary – Let’s start by saying that Florida home inspector salaries vary by state and market. Home inspectors in larger markets may provide higher profit margins or be busier than those in typical suburban markets or rural areas. However, with research from industry leaders, organizations and Florida home inspector schools, we can decipher what you can do as a licensed home inspector in Florida.
If you are employed as a home inspector, your salary may be slightly or significantly less than if you were working for yourself, depending on who you work for. Additionally, depending on how successful you are on your own, you can earn significantly more. This will be covered later in the article. We interviewed several highly successful multi-inspector firms to find out what they pay, and here’s what we found:
How Much Home Inspector Salary
The training period will vary based on your skill level as a new recruit. If you have a license, you can fight for more money. However, if you are new to the industry, you may have a lower pay scale until you show improvement.
Florida 14 Hour Home Inspection Continuing Education
Why wide range? Well, there are two big reasons: 1. job benefits (health, car, tools, insurance, etc.) and 2. company income (basically how much business is available to you). For example, one company may pay you 50k, on the other hand, another company may pay you a percentage of every check you make. Therefore, if you are qualified to do ancillary inspections (sewage sites, WDOs, mold testing), you can make more money.
It’s hard to estimate the amount of money you can make as a home inspector on your own. If you are good at marketing, provide great service, and are a natural born entrepreneur willing to work around the clock, then you can earn 150,000 a year! On the other hand, if you are not knowledgeable in the market, you can earn 40k or less.
Manny Gonzalez of South Florida, from a class of 20 students called General Home Inspections and Training, says that 50% of them realize during the class sessions that they cannot be home inspectors because of the physical requirements. Additionally, 20% of each class will be in the industry upon graduation and only 10% of each class will remain in the industry after 5 years. Manny said those who remain in the industry are involved with his school and industry organizations such as
Jon Bolton of the University of Florida Home Inspection in Central Florida says of his participants that an average of 75-80% of each class will pass the test. After graduation, Jon emphasizes that new home inspectors should look for jobs at multiple inspection firms. Here are some of his reasons:
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According to the 2018 US Bureau of Labor Statistics, the median salary for a home inspector was $60,000 per year. The bottom 10% was 35k and the top 10% was 97k.
Number of inspections per year x fee per inspection = $100,000/year. Consider the value of the business.
If you’re going out on your own, you better be prepared to bend over backwards, market yourself, and handle complaints. If you want to go to work to do something and turn it off at night, look for a job. Be sure to do some market research on the real estate industry in your area, as it may be worth relocating to find an area with more opportunities. Plus, it might be worth relocating for a better job offer. As an instructor over the past 26 years, I have seen many students who want to become home inspectors… but very few actually do. A career change can be exciting, but this adrenaline rush has a degree of risk. Everyone knows something about houses; So home inspection seems like a natural path to take, especially if you’ve been a real estate agent, appraiser, or contractor. A prudent professional will begin weighing the pros and cons before jumping the fence. Training to become a home inspector is interesting; however, being successful as a small business owner can be something else. Before you invest your time and money, you should answer the following 3 questions.
A home inspector’s job is to represent the voice of the home. A good inspection report will accurately describe the condition of the home to a person at the time of writing. A well-written report will guide the homeowner, buyer, or seller in whatever action is required to make it age-appropriate.
How Much Does A Home Inspector Make
A home inspector is not an engineer and does not have a crystal ball. A good inspector cannot predict what will happen in the future or what the home’s value will be down the road. It’s the appraiser’s job to estimate the value, and life expectancy comes from plumbers, window fitters, and other professionals. However, a home inspector must be an expert in understanding what is going on in the home during the inspection. In fact, a good home inspector should have a solid understanding of all the elements and systems of a home.
Thinking about a home inspection career? Download Starting Your Home Inspection Career eBook.3. Do I live in the right market?
Most realtors® these days understand that a home inspection is necessary when selling. Today, more than 90% of buyers have a home inspection so they know exactly what they are buying. Sellers are also learning the value of a home inspection. A good inspection will tell them what they are really selling and help eliminate the surprise of being asked for a discount. Talking to real estate agents in your area, as well as having general information about your market, can determine where you live.
The cost of home inspection training ranges from $1,000 to $3,500, depending on the level of experience desired. Before investing, a wise person would research this industry further. Kaplan’s Transition to Home Inspection…Full or Part-Time course does an excellent job of laying out all the good, bad and ugly aspects of being a professional home inspector. After you finish this online class, you’ll know for sure if it’s right for you. Now you’ll either be in the best position to advance and succeed, or you’ll abandon your thoughts on a career in home inspection.
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We’ve compiled the knowledge of six successful home inspection professionals into one valuable e-book to give you the insider knowledge you need to know before starting your career. We asked these professionals what advice they’d give to aspiring home inspectors, and where they see new inspectors often fail. This free eBook brings all of their advice together in one essential resource for anyone considering a career in home inspection. A home inspection in the US costs between $281 and $402, and you can expect to pay an average of $341 for the service. However, home inspection costs vary because they depend on your location, the size of the home, and the inspector’s experience level.
Potential home buyers should invest in home inspections because they offer a layer of protection against an unsound investment. Buyers often use a home inspection report to negotiate a final sale price. A professional home inspection report highlights and briefly explains obvious and potential problems that a buyer should be aware of before closing day.
Many buyers insist that their purchase agreement include a home inspection clause. A safe condition allows them to walk away from the sale if an inspection reveals more problems than they want to address, such as significant foundation damage, mold infestation, or a faulty electrical system.
After interviewing two or three certified home inspectors in your area, you’ll likely see similarities in pricing based on the location and size of your home, but you may see a price difference based on their experience level or years of experience.
How To Become A Home Inspector In 5 Steps And Work For Yourself.
As with most real estate topics, your location is a driving factor in the price of a home inspection. The cost of a home inspection in these popular cities ranges from about $300 to $500.
Whether it’s a condo or a sprawling single-family home, the size of your property partially determines your home inspection costs. Remember that your home inspector will factor your attic and basement space into your total square footage and adjust their prices accordingly.
If you need an inspection for a mobile home, you’ll pay about $250, but if it’s a double- or triple-wide model, the price goes up.
You should talk to two or three professional home inspectors before hiring one to inspect your home. Their rates may vary depending on their experience, certifications, and whether or not they pass specialized inspections.
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Most home inspectors perform general inspections focused on the immediate needs of home buyers, but some have specialized training to enhance inspections. In fact, general inspectors often call in other professionals to inspect various components of the home.
For example, the cost of a thermal imaging home inspection is worth the price; it can detect moisture problems, termite nests, electrical problems, rodent infestations, heat.
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