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A recent comment by me on
Facebook prompted an acquantince to ask me to justify how I
determine the average amount of time spent on an inspection. This was published on my blog, but I thought it may be good to share here.
I
calculated that I spend roughly nine hours per home inspection.
I know that not all inspectors may sit down to figure this number out,
but you should if you wish to price your inspections properly. The nine
hour figure seemed high to a person at a party I was attending last
night. I mentioned that it was actually down from the over ten hours
that it was last year. The inspectors that I know who do think about
this topic generally come up with a similiar number. Here are factors
to consider when thinking about how much time is spent on the job:
Time at the home- my average
is close to three and a quarter hours. This includes inspections of
condos to homes.
Pre-inspection prep work-
average is around an hour and a half. This includes printing forms
needed to perform the inspection. Preparing a package for the home
buyer. This package also includes having to do research on a few sites
about the home. Some of this research is to prepare me for the
inspection.
Post inspection work-
organizing my notes, writing my report, and sending out emails takes
two hours on average.
Reinspections/time spent explaining
findings- some inspectors charge for reinspections. I
decided since I often do not meet my clients that it might be better to
plan on meeting them at one point. Emails and phone communications are
also part of the equation. Add discussions with buyer's or seller's
agents, and possibly the mortgage personnel. This avreages to around
two hours.
Education to improve service-
in Texas we are required to have 16 hours of continuing education.
However, we spend time learning about changes to the codes in the
state, as well as studying building science and construction techniques
on a frequent basis. I spend around ten hours a week on average reading
books, periodicals, websites, and research papers. This would add
significant hours per inspection, so I picked a number that helps me
determine the cost of this education in terms of time (arbitrary, I
know, but I felt this may be more reasonable.I took cost divided by
$60/hour which is pretty typical for a contractor to come up with the
number of hours needed to pay for the education) Average is a half hour.
I
did not include time spent going to and from inspection sites.
To help with factors like the cost of office supplies, gas, car
maintenance, insurance, and so on would also be calculated per
inspection to determine price. I feel that I arrive at a more accurate
calculation of cost when considering cost of gas rather than time spent
travelling to and from a job. I also have to consider marketing: time
spent and cost, but again, this is not really time spent on a specific
job.
This brings my average time on an inspection to
approxiamtely nine and a quarter hours. Why did it go down
from last year? Partly increased inspections bringing the average down,
and partly improved performance on the inspection. There are a few
other factors, but those two cover most of the time savings. I hope
this gives you a little insight into what goes into an inspection
report.
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13 Comments on How Much Time Does a Home Inspctor Spend on an Inspection?
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Frank Schulte-Ladbeck
Houston,
TX
More about me
Frank Schulte-Ladbeck Professional Real Estate Inspections
Office Phone: (713) 781-6090
Cell Phone: (713) 972-2058
Email Me
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Very interesting blog Frank...you must have a good business model since you know exactly where you time is spent. Congrats!