Factors that affect a home inspector’s average salary
- What are the average number of Inspections scheduled per week?
A good goal for a full time home inspector in their first year is 4-5 inspections per week.
- Is the home inspector self employed or holding a home inspector job working for another company?
Home inspector jobs are always going to be in demand. According to zip recruiter, an entry level home inspector salary averages just under $50,000 per year. You can make the best salary by as a self employed certified home inspector.
- How many Inspectors work for you?
Working by yourself is a great perk for a home inspector, especially not having to answer to a boss or manage employees. As your business grows, you might consider taking on a few inspectors to increase your own salary.
- Where are you scheduling inspections?
Inspection fees go up in major metropolitan areas where the demand is higher. In a more rural setting it can be difficult for buyers to find a house inspector and you can charge extra for mileage travelling to an inspection.
- How many home inspection services are offered?
By offering additional services, you can maximize your visit to a home and increase your overall salary as a home inspector.
- Part Time or Full Time Home Inspector career?
If you still like your full time job, you can start a part time home inspection business on the side to boost your annual salary. By doing just two inspections per week, a home inspector can earn a $35,000-$40,000 part time salary. If you are scheduling more than 2 per week it might be the right time to quit your full time job and run your inspection business full time. There is no limit to a home inspector salary.
More frequently asked questions about home inspector salaries
Do you need a degree to be a home inspector?
Home Inspectors do not have to earn a degree. In certain states a home inspector license is required. For example: In the state of Florida a home inspector must pass a 120 hour state approved course and a state test. In California on the other hand, a home inspector license is not required, but home inspectors should train and become certified by a school that is recognized before starting a home inspector career.
How much does a home inspector make?
The average home inspection ranges from $300-$500 per inspection and most home inspectors make $400 per inspection on average. Home inspector income and home inspector salary will rise in a hot real estate market. ICA instructors will teach you the best methods for setting your prices and teach you how to build and grow a successful home inspection business from the ground up. Home inspectors who have been in business for over a year or more raise the average home inspector salary.
How much does a home inspector make on a Commercial Property?
A commercial real estate inspection will typically cost more than a standard home inspection. Most inspectors set a $600-$700 minimum cost for a commercial inspection. The square footage is typically much higher so it can take inspectors more time. For small scale properties that are easily inspected in a single day, many inspectors will handle these inspections alone and price accordingly. For larger scale buildings or commercial real estate with multiple units to inspect, a home inspector will subcontract out the various aspects of the inspection to industry experts so they can complete the report efficiently and quickly. $0.06 per square foot is typical for calculating a warehouse space while an office space will be priced around $0.10 per square foot according to the Certified Commercial Property Inspectors Association. The good news is that you can set your own pricing when you run your own home inspection business. By expanding into the commercial inspection market, you can increase your annual property inspector salary.
Who pays a home inspector?
Home inspector pay will be taken care of upfront by the client who requests the report. Typically, a real estate agent or mortgage lender will recommend or provide the home buyer with a list of inspectors to choose from. The buyer will be the one who hire’s a home inspector and is responsible for paying them before the inspection starts. This way, a home inspector is always paid for time spent on site, regardless of whether the home is purchased or not.
What does a home inspector charge?
The fees charged by home inspectors can vary based on several factors, including the location, size, and complexity of the property, as well as the level of services provided. Generally, home inspectors charge a flat fee for their services, which is typically based on the square footage of the home.
On average, the cost of a home inspection can range from $300 to $500 in the United States. However, this range can vary significantly depending on various factors, such as the local market, the type of property (e.g., single-family home, condominium, multi-unit building), and any additional services requested by the client.
It’s important to note that while price is a consideration, clients should prioritize the qualifications, experience, and reputation of a home inspector when selecting one, as the quality of the inspection is crucial in identifying potential issues or defects in a property.
It is recommended to contact local ICA Certified home inspectors in your area to get accurate pricing information as market rates can differ based on the location and other factors.
Home Inspectors who offer Additional Services earn a larger salary.
Home inspection business income can come from more than just writing a standard function and safety report. The business may look to hire employees who specialize in other inspection related fields or take the time to train up on the services their clients have requested frequently.