What is the Survival Rate For Home Inspectors?

[kleonard (Kevin Leonard, CPI/CMI)]

@gromicko

Do you think other industries are any different? There are 10.5 million contractors in the U.S. 10.5 million! Most businesses don’t make it. The home inspection industry is no different. There are winners and losers in every industry.

Yep. I can’t begin to list how many new inspection associations are formed and don’t make it. Like I said, there are winners and losers in every industry. If 1,000 inspection associations were formed tonight, I wouldn’t care. I’d sleep like a baby. Who cares what the bottom is doing? I don’t even notice them.

Take the recent Dallas event I just returned home for. InterNACHI’s booth had piles of amazing stuff on it and boxes being delivered all week to replace what was being taken by inspectors. I had amazing announcements that I made from stage including our virtual 3D, see-through House of Horrors training for multi-inspector firms. I sponsored NFL Super Bowl quarterback Joe Thiesmann to give a business success talk and hand out autographed footballs. It was awesome! I also went to check out at the other two inspection association booths. One had only a few flyers out about their San Diego event that already took place. The other association didn’t have anyone man their booth the entire week. All they had was a bowl of lip balm with their name on it.

I was hoping you would post the stats of how many new inspectors sign up then sign up for their second year, third year, fourth year & fifth year.

I don’t blame you for not posting those numbers as it would scare the hell out of most everyone with less than 5 years.

Also I know local economies play a large role in these stats.

As others have stated, regardless of how good of an inspector is, one must first possess business acumen before they can operate a successful home inspection business. On the other hand, if they’re not a good inspector, possessing business acumen may get them by for a while but it will eventually catch up with them.