6 Things Young Entrepreneurs Should Know About the Home Inspection Industry

May 13, 2020

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Recently, more and more entrepreneurs are looking to carve out careers away from the corporate world. As a result, they are seeking opportunities to make an impact on the world while still climbing the ladder of success. Here are some things entrepreneurs should know about the home inspection that makes this an ideal career, for those who want personal success.

Six important features of the home inspection industry that entrepreneurs should be aware of.

1. Entrepreneurs Can Make a Difference in the Community

A home inspector interacts with people throughout their community. This provides opportunities to positively impact neighborhoods. At the same time,  Inspectors are actively involved in many working relationships that make up a community. Working with and helping individuals from various racial, ethnic, and socioeconomic backgrounds is something that many find rewarding.

A home is one of the biggest investments most people will ever make, and home inspector can help in this critical decision. Moreover, an entrepreneur working in the home inspection field will examine nearly all major areas of a home. This includes all major components, structure, roof, foundation, walls, ceilings, floors, and doors. It also includes major elements such as plumbing, electrical systems, and heating and air conditioning. This allows inspectors to become familiar with common trends in the area and community overall.

2. Entrepreneurs Can Make a Difference in the Environment

Concerns about the environment are increasingly a top priority for individuals of all ages. With this in mind, working in the home inspection industry is a way to make a positive impact on the environment.

  • Environmental Testing – There are specific environmental tests that can make a home safer and environmentally friendly. A few of these include testing for radon, lead paint, carbon monoxide, mold, and asbestos. A home inspector can help limit the impact these substances have on the environment.
  • Energy Efficiency – Checking homes for energy efficiency and recommending ways to increase efficiency is something a home inspector can do. This can include things as simple as adding insulation or sealing areas around doors and windows. Improving overall energy efficiency helps the environment and also saves the homeowner money on heating and cooling costs.
  • Sustainable Materials – A home inspector may be able to suggest optimal materials when homeowners are building or repairing their homes. Cork, wood, and recycled metal are a few eco-friendly materials a home inspector might suggest.

brown wooden house with green grass field

3. Entrepreneurs Can Create their own Culture

When people operate their own franchises, they have the ability to create their own culture. As a result, there’s a great amount of independence and autonomy in this area when a person is an entrepreneur. Thus, there are several specific types of work environments that an entrepreneur can cultivate when working as a home inspector.

  • A culture that’s fun as well as productive.
  • Focuses more on integrity than the competition.
  • Includes the most advanced technology.

Entrepreneur states that there are several specific ways to create the right culture.

  • It starts by making culture a priority on a daily basis.
  • It’s necessary to clearly define what culture a person is building.
  • Creating a culture involves teamwork with customers and other professionals.

Each of these steps is something that an entrepreneur can accomplish in the home inspection industry.

4. Entrepreneurs Can Create a Team Work Environment

Working together with several other individuals in the home inspection and building industry provides the opportunity to create a team-based work environment. A home inspector would inspect everything from plumbing and roofing to the home’s foundation. Sometimes a home inspector may work with other professionals such as builders, electricians, and plumbers. A home inspector will also develop close ties to real estate agents in the area they work in, therefore needing to maintain a team-based attitude.

While home inspectors ultimately work by themselves, it’s essential to develop quality relationships with many other professionals. In addition to the many other benefits of the industry, the opportunity to network and work closely with different people is something that many entrepreneurs will enjoy.

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5. Entrepreneurs Can Work Flexible Hours

Another thing entrepreneurs should know about home inspection is the amazing flexibility in work hours. Owning and operating a home inspection business means the ability to work flexible hours. Each home inspection is usually scheduled at a time that is convenient for both the homeowner and the individual completing the inspection. An entrepreneur can start out in the home inspection business part-time. This is likely ideal for an individual transitioning from another job. Home inspectors can set their own hours and days that they work, and ultimately work as much or as little as they want.

The home inspection industry provides unlimited opportunities for entrepreneurs to grow and expand their careers. After receiving the appropriate training, an individual has the potential to buy a franchise in the industry. The home inspection industry is not dependent on the housing market since the home inspection is a service that is almost always needed. Whether working part or full-time, the pay is good. The potential earnings and success home inspectors enjoy is only dependent on how motivated each individual is.

6. Entrepreneurs Can Join a High Margin Industry

A high-margin industry is one that claims high profits for the amount of time and investment. The home inspection business is a very attractive industry with a bright future and is likely to grow 10 percent by 2026. This growth is due to the public’s growing interest in safety. Thus, more people will want a home inspection to make sure they have the safest, most up-to-date home possible. An entrepreneur in the home inspection industry can expect to enter a multi-billion dollar industry.

Why Choose Home Inspection

In summary, home inspectors provide safety inspections and evaluate how well certain areas of the home function. A qualified home inspector can make a difference in their communities as well as the environment. They build relationships with other professionals while still working flexible hours. For these reasons, a career in home inspection is a great choice for many millennials. WIN Home Inspection offers fantastic opportunities for those looking for a rewarding career in the home inspection industry. In business since 1993, they have a presence in 45 states with more than 270 franchise units and growing. Learn more by filling out an interest form, and WIN Home Inspection will reach out to you at the earliest opportunity.

Ready to Embark on an Exciting Journey with WIN?

Take the first step toward personal and financial freedom by filling out the interest form. One of our franchise advocates will be in touch with you soon!

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