This two-day, in-person class will teach students how to create cost-to-cure reports. You will walk away with a trained eye for identifying and communicating property conditions, as well as the recommended methods and opinions of the probable costs for dealing with them. Cost-to-cure reports are great value-adds to your existing inspection services and enable you to charge more and increase revenue.
Date: February 8-9, 2024 (9 a.m. - 5 p.m. each day)
Location: InterNACHI® HQ and House of Horrors® in Boulder, CO
- Day 1 of the class focuses on the benefits and basics of cost-to-cure reporting, explaining its importance in planning for the management of real estate assets and highlighting the differences between residential and commercial inspections. Participants will explore the limitations, liabilities, risks, and marketing practices of cost-to-cure reports, along with learning terminology and ways to communicate effectively in the commercial real estate arena. The class will also delve into the structure of commercial cost-to-cure reports, examining various types, sources, software, and information gathering methods, as well as how to classify building conditions (repair or immediate cost versus a maintenance or long-term cost).
- Day 2 emphasizes field training where students will visit a commercial building to identify and document information for a cost-to-cure report, understanding the data collection process and its application. The class will conclude by creating of a cost-to-cure report, cross-referencing various sources for accuracy, and equipping participants with the confidence to start and complete their own reports using customizable templates.
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