Pricing inspections according to selling price?

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#1

Originally Posted By: jpope
This post was automatically imported from our archived forum.


Here’s a question for those of you that base your price on the selling price of the home.


1954 build - 5600 sq. ft. single story home - 1 pool - 2 spas - 4 AC/heating units - 3 fire places - raised foundation - valued @ $4.5 million (Beverly Hills CA).

Here's the catch. . . he's not selling. He simply wants an inspection for "maintenance" purposes.

How would you price this. I've scheduled this for Saturday morning @ 9 am and I've already given him the price based on the information provided to me.

By the way, this inspection was handed to me by NACHI ![icon_biggrin.gif](upload://iKNGSw3qcRIEmXySa8gItY6Gczg.gif)

--
Jeff Pope
JPI Home Inspection Service
"At JPI, we'll help you look better"
(661) 212-0738

#2

Originally Posted By: jpope
This post was automatically imported from our archived forum.


So, nobody wants to play? Guess that pricing method won’t work here. icon_confused.gif


Anyway, I won't post any prices on this board but here's how I priced it;

Base price covers 5600 sq. ft. + 1 AC/heating unit - 1 fire place

Additional $ for 3 additional AC/heating units - 2 additional fire places - raised foundation - pool - 2 spas

Age of home and PRICE of home were not considered.

Gotta go, almost that time

--
Jeff Pope
JPI Home Inspection Service
"At JPI, we'll help you look better"
(661) 212-0738

#3

Originally Posted By: mrose
This post was automatically imported from our archived forum.


Hi Jeff,


The location of this property obviously influenced the value.

I would take my base price then add $100/hour.

If you need assistance I can fly out from Georgia on Igor's jet ( mine is in the shop).

Best regards,

--
Mike Rose
Cornerstone Home Inspection Co. LLC
Lawrenceville, GA

www.cornerstonehomeinspect.com

#4

Originally Posted By: ismetaniuk
This post was automatically imported from our archived forum.


This membership was a big waste of my time!

–
Igor


Top To Bottom Inspections


Glen Spey, NY

#5

Originally Posted By: jpope
This post was automatically imported from our archived forum.


Mike,


This was exactly my point. Inspection prices based on property value just doesn't make sense to me. The same house twenty miles away would only be worth $600k - $900k (depending on which direction you went).

Anyway. . . beautiful home, 5 hr inspection, paid well, what more could a guy ask for ![icon_biggrin.gif](upload://iKNGSw3qcRIEmXySa8gItY6Gczg.gif)

For all you sparkies, 600 amp main panel with 2 - 200 amp sub panels, lights and cameras all over the place

--
Jeff Pope
JPI Home Inspection Service
"At JPI, we'll help you look better"
(661) 212-0738

#6

Originally Posted By: ecrofutt
This post was automatically imported from our archived forum.


I was going to play but after entering the long reply found it was full of figures and psf and decided to not to dat.

–
Erby Crofutt


B4U Close Home Inspections


Georgetown, Kentucky


www.b4uclose.com