I just did some calculations, some of which were effected by the TN licencing requirements, some from gas prices ect…
I am not talking about price fixing, but…
I found that my operating expenses just went up $84 per inspection (if I do the same as last year)!
Has anyone else looked at this?
Looking at the loss of inspectors in most states after the licencing requirement set by the state, things are only going to get worse (or better)!
If we look at the Realtors that we work with, and the commissions they collect. The bank fees charged. The lawyer fees. The liability we deal with every day. Now, the increasing operating costs. I would like to come out of this year AHEAD of the TAX MAN! Now is the time for consideration.
I have no desire to compete with TN Inspectors in a price war. If a client calls me on the carpet for my inflated pricing, I tell them where to go… (shop).
I have been at this for too long and I will not leave my driveway unless it is worth it. “I’d rather be fishin”! I know some of us are hungry, but I have read stories of HI’s that wanted to retire (as I do) and raised prices to decrease activity and it only increased.
If we all look at these issues at the same time, a price increase across the board will be easier to swallow by the client and Realtor community.
Give me your thoughts.
I’m raising my prices no matter who likes or dislikes it. $84.00 is a chunk, especially for condos and small homes.