Originally Posted By: dbush This post was automatically imported from our archived forum.
Just got a call from the banker that a client is using and they are requiring very specific things to get fixed prior to closing. She asked me if I would go back & reinspect ONLY those items. I said no problem & I would do it for $40. Does anyone else charge to go back, is it a reasonable rate?
Originally Posted By: dbush This post was automatically imported from our archived forum.
Greg, my thinking for that price, which could be changed for the next time, was the majority of the reinspect is outside siding & trim work & looking at two items in the attic, which has drop down stairs. Maybe next time I should charge more, but if I am there more than 20 minutes, something was wrong.
Originally Posted By: jremas This post was automatically imported from our archived forum.
I think this should be a case by case basis. I just did 2 inspections today for the same person buying rental property. She also referred someone to me and I got that inspection too. The 2nd property I looked at today had the utilities off so I told her I would go back after she buys it and turns them on to re-inspect for free. I made this decision because I already have 3 inspections in a week because of her and she is buying more property. Other circumstances may warrant a decent charge, just trying to figure out what would be a “normal” or average rate.
–
Jeff Remas
REMAS Inspections, Inc.
Northeastern PA & the Poconos
www.NEPAinspector.com
Originally Posted By: gbell This post was automatically imported from our archived forum.
It is a choice each of us has to make. There is a inspector in my area who advertises that he does reinspections for free. Just remember the extra liability you are taking on.
Originally Posted By: Rusty Rothrock This post was automatically imported from our archived forum.
Dave -
I think you might be a little on the cheap side. I charge $65 for reinspections whether I have to look at 10 things or just one thing.
I’ve never had any complaints, people know that time is money.
Spring is here in Virginia, Bradford pare trees are blooming, along with daffodils, cherry blossoms, red bud trees, and many others. It's awesome.
Have a great week.
Originally Posted By: matthew berman This post was automatically imported from our archived forum.
I charge a set fee for a reinspection in most cases .I also have the client or the clients agent sign a hold harmless agreement . Just in case the repairs i inspect start to fail , they cant come back on me.FWIW-------matt
Originally Posted By: dbush This post was automatically imported from our archived forum.
Thanks for all the input. I have already quoted the banker the price for this one, but I see the reasoning, I think I will raise the next one up a little. Matt, could you send me a copy of the agreement you use. Would this not be covered in the NACHI agreement for the original inspection. I was just going to use another one of those and change the date of the inspection.
Originally Posted By: Scott Patterson This post was automatically imported from our archived forum.
I charge 75% of the original inspection fee. I also require a original receipt from the professional that did the repairs. I am only looking at the items that were repaired, nothing else.
I have the client sign a new contract so they understand exactlly what I will be doing and that I not issuing a gurantee or warranty on the repairs.
This is the only way I will do a reinspection. If they don't want to provide a receipt for the items, pay my fee or sign my contract I will not do it.
Originally Posted By: mrose This post was automatically imported from our archived forum.
Dave,
Keep in mind that all we have to sell in this business is our time. When I am doing a re-inspection then I am no able to perform a compile inspection. This is what is termed "opportunity cost".
Typically my re-inspection fee is $125.00. Also, I advise my client that in many cases that the invoice from a licensed or professional contractor should suffice.
Best regards.
-- Mike Rose
Cornerstone Home Inspection Co. LLC
Lawrenceville, GA
Originally Posted By: jmyers This post was automatically imported from our archived forum.
Mike,
I absolutely agree with you on charging for the reinspection.
I do have a suggestion for you on scheduling the reinspection. I don't schedule a reinspection in place of an inspection. Meaning that if I have a 9 am job and a 2 pm job on my schedule that reinspection will fall before the 9 am or after the 2 pm job so I am not losing the potential income. I think that just makes good busniess sense.