Regardless if you’re considering the Home Inspection profession, or if you've been involved in field for some time, these following statistics and facts are sure to surprise to you!
The Average Demand is Growing
The Residential Home Inspection field is expected to grow 8% each year from 2014 to 2024. Customers will have more options when shopping around for a home inspector. But home inspectors will also have a much larger clientele potential. An 8% industry growth is extremely promising for anyone with the desire and commitment to become a self-employed home inspector.
The Average Salary is Competitive
The average home inspector salary is just under 60,000$ annually, compared with a national average of 56,000$. Making the average salary is one thing, but many of these inspectors only practice part-time as a way to “keep-busy”. A full time home inspector easily crushes the 100K/year salary. It’s exponential, the more productive you can be, the more your potential yearly wage could become.
The Average Home Inspection Requirements
The average home required over 500 different measurements and checks that must be “reviewed” for a home inspection to be “complete.” Older reporting methods would leave clients with improperly filled reports and misguided services. Modern inspections use custom forms and software that eliminate the room for missed information or errors.
The Average Home Inspection is Quick
The average home inspection takes roughly 2 – 3 hours, with obvious exceptions for older homes, larger homes, condos and so forth. You’re potential for completing additional home inspections in a same day is great. Modern inspection software allows for reports to be build as the inspection progresses. This means that home inspectors no longer need to fill in reports by hand once they make it home at night.
The Average Report Takes as Long as the Inspection
As we just mentioned, older reporting methods would involve the inspectors inputting handwritten data to a presentable report template. Also, the transferring of all the pictures and videos that were taken during the inspection is quite time consuming. Modern technology eliminates the need for this with the use of inspection applications for smart phones and tablets. The eliminated time for building reports means that inspectors have the liberty to inspect twice as many homes per day! Literally…
The bottom line is this: the home inspection industry is growing rapidly. The expectations of customers are also increasing, along with the demand required to stay competitive. Modern technologies, not only in software but tools and gadgets, simplify the tasks that are expected from home inspectors. It’s an interesting field, one that needs younger faces to join! Possibilities remain endless.
inspired by: https://blog.zerionsoftware.com/7-eye-opening-statistics-for-residential-building-inspection-teams