Originally Posted By: jruppert
This post was automatically imported from our archived forum.
In the earlier years, home inspectors were not held to the same standards that they are today. But have our fees increased accordingly? In addition, the value that home inspectors bring to today's residential real estate transactions is far, far, far more then the meager fees that we actually charge.
Think about it, the low fees that we charge, (even in the New York City regional market where everything is higher than the rest of the country) represent only a tiny, miniscule, percentage of the transaction. This fee simply does not reflect anywhere near the true value that we bring to our clients.
Even if the fees were doubled, it's still too cheap!
We are the eyes and the ears for our clients regarding the entire physical plant involved in the transaction. Not only do we give our clients critical information regarding their immediate purchase decision, but we also give them a blueprint for what they need to do with their real estate in the future in order to preserve what is likely the largest investment they will ever make in their lifetimes! We are all underpaid! ![icon_exclaim.gif](upload://kW92MliyHA8ygoXI0UsgtBSn4ZO.gif) ![icon_exclaim.gif](upload://kW92MliyHA8ygoXI0UsgtBSn4ZO.gif) ![icon_exclaim.gif](upload://kW92MliyHA8ygoXI0UsgtBSn4ZO.gif)
In my opinion, one of the reasons why we are underpaid is because so many people have construction and technical knowledge, but very little or no business experience. Then, they venture out in the business world, possibly for the first time, as beginning home inspectors. As a result of their "newness", they are nervous and mistakenly offer their services at a huge discount, thinking that they will get more business as a result. This is a very plain and simple error in judgment, but it depresses the entire home inspection market. Lets get smart!
Home inspectors throughout the continent should wake up
and think like professionals and smart business people. Let's join the 21st century and charge fees that truly represent the value of our services!