Table of Content
- Home Inspector’s Income In Washington.
- Home Inspector’s Income In Kansas.
- Why You Want to Know How Much a Home Inspector Salary Is
- Can You Make Good Money as a Home Inspector in 2022? We ran the numbers from 7,000 home inspectors.
- What Do Home Inspectors Look For?
- Education Requirements
- Home Inspector Salary Increases with Add-Ons
Generally speaking, the amount you earn is directly tied to how many inspections you are willing to fit into your schedule. For example, if you perform 4 inspections per week and charge $425 per inspection, you will gross $1,700 per week or $88,400 per year. If you'd like to make more than $60,000 on average, have a strong eye for detail, and enjoy architecture or construction, becoming a home inspector might be the career for you. More often, the general home inspection happens first, and that puts you at risk of breathing in dangerous particles and gases.
The charge for inspecting a 2,000 square foot single family residence is typically between $400 and $450. The cost to inspect smaller, two bedroom homes and condos is usually less, averaging between $300 and $350 each. What is the reputation of the multi-inspector firm and how much business do they actually have available to you? In Florida, you may have to consider the market you will be inspecting in. Most qualified home inspectors become property valuers by doing the ABBE Level 4 Certificate . They can be self-employed, particularly conducting inspections for homeowners where the buyer usually pays for the home inspection.
Home Inspector’s Income In Washington.
It depends on how much money you want to make and what your schedule/budget allows. Additionally, if you are working for yourself, you will have to pay business/marketing expenses which can easily eat into your salary. Robust training to establish and market your business plus AHIT’s Marketing & Operating a Profitable Home Inspection Business guide. This blueprint to a successful home inspection business includes your Sales & Marketing Plan, Inspection Plan, Office Plan and risk management. The company will handle all the bookkeeping work, advertising, and maintaining the website. Some larger companies might even provide work equipment and handle their upkeep.
The U.S. Government Bureau of Labor Statistics () includes Home Inspectors in the category Building/Construction Inspectors. Their latest statistics from May 2020 show that the mean/average wage earnings of this Inspector group is $62,860 a year. Scroll to the table below to see what the mean/average is in your state.
Home Inspector’s Income In Kansas.
Since most residential real estate transactions include a home inspection, the demand for home inspections is directly related to the housing market. As the demand for homes, rental units, and property increases, the need for home inspectors increases too — especially for those savvy inspectors who keep up with the times. Becoming a home inspector has many benefits including the potential for a good and steadily increasing income. Home inspectors who provide good customer service, quality reports, and add-on services can expect their business, and earnings, to grow each year. Vanguard pays its inspectors for each inspection based on his or her actual field experience.
You’ll also have the final say in all company decisions and full control over everything, from the logo to the services you offer. Unlike an appraiser, a home inspector’s goal isn’t to determine the home’s market value. The inspector will then provide a home inspection report detailing the results, typically within a day or two. Being a home inspector means being active, interacting with a diverse array of people, and being able to think on your feet. It can be a rewarding career, one that you can build on your own — and it doesn’t require advanced degrees or have overwhelming startup costs. As a home inspector, you can supplement your home inspector salary by becoming a FEMA disaster inspector.
Why You Want to Know How Much a Home Inspector Salary Is
The average annual salary for a home inspector in the state of Kentucky is about $23.18 per hour or within $48,220 per year. In South Carolina, the average salary for a home inspector is $53,352 per year. On top of that, they make an estimated annual commission of $28,800. Most home inspectors charge in the range of $250 to $500 an inspection, and most inspectors can complete at least 2 inspections a day. If an inspector does this for 50 weeks a year, there is a potential to make $125,000 to $250,000 a year. As you probably already know, home inspectors are the professionals who inspect a property for problems with its physical components and systems — most of the time before the home is sold.
The courses cover everything you need to learn to clear the final exam and produce the portfolio of evidence for assessment. At each stage of construction, if the project receives guidance and advice from the inspector, it helps to lower wasteful or unauthorised work. So the buyer or the sellers bear to get an inspection of the property. If you work as a self-employed inspector, you would set your rates and earn through separately for each inspection project report.
Choosing a career as a home inspector is a great way to make money and create a decent living. Some states have higher taxes than others, different housing markets, etc. This group averaged 18 inspections per month, which is very doable for a solo.
The Average Home Inspector in Virginia makes around $58,000 Per Year. The Average Home Inspector in Vermont makes around $45,000 Per Year. The Average Home Inspector in Tennessee makes around $47,000 Per Year. The Average Home Inspector in South Dakota makes around $45,059 Per Year. The Average Home Inspector in South Carolina makes around $49,089 Per Year.
The most common certification exam that states require for licensure is the National Home Inspector Examination, from the American Society of Home Inspectors. Once licensed, home inspectors complete continuing education for renewal. To become a home inspector, you need a Level 4 Diploma in Home Inspection, where you need to provide work-based evidence to prove your skills and clear the exam. The time to complete the training depends on how you complete the requirements.
Planning approval is made by the local authority that grants permission to extend or build a new dwelling. A home inspector in the state of Kansas earns a yearly salary of $56,740 on average or $27.28 per hour. An obvious factor, full time vs. part time employment determines salary. Full time inspectors will almost always bring in a higher salary than part time inspectors.
These charts show the average base salary , as well as the average total cash compensation for the job of Building Inspector in the United States. The base salary for Building Inspector ranges from $50,624 to $68,262 with the average base salary of $59,477. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $50,624 to $68,393 with the average total cash compensation of $59,546. These charts show the average base salary , as well as the average total cash compensation for the job of Home Inspector in the United States. The base salary for Home Inspector ranges from $48,446 to $60,827 with the average base salary of $53,947. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $48,446 to $60,827 with the average total cash compensation of $53,947.
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