Home inspections are becoming more and more important as the real estate industry continues to recover. People are investing properties, flipping properties and buying homes again. You can get a job as a home inspector in order to change careers, and you can start relationships with real estate professionals in your area that will bring you a great deal of business.
You must take a state licensing exam in order to do house inspections, and you should study hard for these exams. Property inspections are very complicated, and you must make sure that you are well prepared for these tests. The state requires you to pass the test, and they require you to keep your license current. Before you can start your home inspection business, you need to make sure that you are licensed with your certificate in hand.
Most home inspections are pre purchase inspections, and you will complete them as soon as a buyer puts down good faith money for the property. Your job is to show the buyer of the house that it is worth their investment. You will also show problems to the seller. The seller may be able to use your inspection as a template for fixing the house, and they can work with a contractor to make their house right again.
You will do the same thing for commercial properties when they are purchased by large corporations. These inspections are often forwarded to executives and boards of directors who will approve the sales, and you must complete vast reports that show the state of the property.
You will be able to start relationships with many people in your area that have ties to real estate. Every agent that you work with can give you the inspections for all their sales, and every company that you work with can give you the inspections for all their acquisitions.
Building The Business
You want to build a business that has you on home inspection sites every day. A pre purchase inspection is most common, and you will be able to help people complete the process of buying a home. Diversifying your business to commercial real estate will allow you to make more money, and you can have more freedom to work when you are so busy.
The growth of your new career depends on your certification and connections. Keep in mind that without a good connection with people in your area, it will be harder to create a business that will keep you working all day long.