Why entrepreneurs enjoy owning a WIN Home Inspection franchise
Strategic-Partners enjoy a growing business that is affordable to own, has supportive leaders and partners and offers great training
As the $1.5 billion a year home inspection industry continues to grow, many WIN Home Inspection Strategic-Partners are also prospering.
The WIN Home Inspection franchise saw its overall revenue jump 32 percent from 2010 to 2014, as documented in the company’s Franchise Disclosure Document (FDD).
“Home inspection is one of the fastest-growing segments of the real estate franchise industry,” says WIN Chairman Thomas Knapp. “The National Association of Realtors says 99% of its members recommend an inspection, and 77% of all home buyers hire inspectors before making their purchases. As home sales increase, so does the number of inspections.”
According to Lawrence Yun, chief economist for the National Association of Realtors, existing home sales should increase to 5.4 million in 2016. Using that 77% figure, that works out to more than 4 million home inspections! WIN Home Inspection franchise owners charge an average of $375 per inspection.
Mark Steffan who owns WIN of Old Hickory in Hendersonville, Tennessee, says he did 600 inspections in 2014.
“There are a lot of inspections out there,” says Mark, who bought his home inspection franchise in 2007. “My business is still growing.”
James Price, who has a WIN Home Inspection franchise in Lubbock, Texas, far exceeded his initial business projections. He says he did 30 home inspections a month that first year.
“It’s really exciting to be part of a fast-growing business,” James says.
WIN Home Inspection is one of the fastest-growing home inspection franchises in the country, and it is ranked as a top franchise opportunity by Entrepreneur magazine, Franchise Business Review and by G.I. Jobs. WIN stands apart from competitors by offering a consistent, professional home inspection service that home buyers appreciate and real estate agents respect. Training, technology and marketing support help franchise owners develop loyal relationships in the real estate industry that lead to a steady stream of customer referrals.
A WIN Home Inspection franchise is affordable
Startup costs for a WIN Home Inspection franchise can begin at just $33,900, and in-house financing to cover a portion of the startup costs may be available for those with good credit.
Mark says WIN Home Inspection corporate officials helped him to get a good deal on his franchise.
“The corporate office put me in touch with a retiring franchisee who was selling his business, and they worked to help me get in at a good price,” Mark says. “They could have encouraged me to buy a new territory for a higher price, but instead they helped me save money. That’s the kind of people they are.”
James was drawn to WIN Home Inspection franchise because it was a reasonable investment.
“As I was searching for opportunities, I found WIN, which has a low startup fee. Then I found out that WIN does something very special for veterans through their WIN for America program. I decided to apply and got a big discount.”
Training and support bolster WIN Home Inspection franchise
Brian Fish, who owns a WIN Home Inspection franchise in Mount Vernon, Washington, really likes WIN’s “emphasis on continuing education and customer service, and I find them to be the most advanced home inspection franchise in terms of technology, training and marketing.”
WIN Home Inspection franchise has a comprehensive training program that includes instruction on their computer software platform, WINspect. WINspect guides WIN owners through the inspection process, providing a system-by-system checklist for homes that enables inspectors to make quick notes as they perform the inspection and give an inspection report quickly and more efficiently.
Strategic-Partner Lee Blackstone of Madera, California, says he has been able to count on WIN Home Inspection franchise to help him with questions and training.
“At WIN, I was on a first-name basis with the entire staff of the company after my first week of training, and it’s been that way for 10 years. They are truly there for you. One of the first things that the President Steve Wadlington does is give you his cell phone number.”
Jamie Green, who has a WIN Home Inspection franchise in Crown Point, Indiana, decided to buy his franchise because of WIN’s extensive training and support network. He received backup from corporate staff and other partners who were helpful.
“One of the great things about WIN is how supportive everyone is of one another,” Jamie says.
If a Strategic-Partner is completely booked on a day when one of their real estate agents needs to schedule a home inspection, they can refer the job to another available WIN owner. If a Strategic-Partner wants to take a week off for a family vacation, they can ask other WIN owners to take care of inspection requests for that week.
“We work together,” says President Steve Wadlington about WIN home inspectors. “WIN truly is a partnership.”