I got my licensed in 2017 and have reached a point where my business is being sustained by referrals from past clients and Realtors. I have enough inspections and hours to qualify for my CMI designation, but was surprised at the $2500 fee. I remember it being less a few years back.
I have never had a potential client ask me if I am a CMI, nor am I aware of any inspections I have lost to someone with the CMI certification for that reason. So, naturally I am a bit reticent to throw down $2500 without some concrete idea of how it will positively affect my bottom line. Last year I did 220 inspections, and I feel I could increase that number if I marketed myself more aggressively. I don’t try to win inspections based on price.
I expect I will be easing out of the business in 5 years, more or less, for what that is worth.
I would be very interested to hear the opinions of others at this forum as to the advisability of making this investment given that retirement is not that far off for me and that my current work load and income are satisfactory.