Many times we here: "That's a lot of money for only a few hours work!" As more and more home inspectors use time-saving, report generating software, include pictures (worth a thousand words) and even generate their reports on-site, they also start to make it look easy. I recently ran across a version of the story in How to Become a Marketing Superstar, a book by Jeffrey J. Fox. Anyway, the story goes as follows: That's a lot of money for only a few hours work!
Pablo Picasso, the painter, was dining at a restaurant in New York City. A fan introduced herself to him and gushed at how thrilled she was to meet the great artist and how she loved his work. Encouraged by Mr. Picasso's polite acceptance, the fan begged, "Oh, Mr. Picasso, would you draw me a sketch?" Picasso grabbed some paper, and with a pen, promptly sketched the waiters passing parfaits. As the woman reached for the sketch, Pablo Picasso said, "Madame. That will be $10,000." Shocked, she replied, "But that only took you 5 minutes." "No Madame," replied Picasso, "it took me 50 years."
Picasso priced his service to its value, not to the cost of manufacture. Picasso did not price his service based on the cost of the paper plus the cost of ink plus some hourly wage... and nor should a home inspector.
"You get what you pay for.........
For more information relative to professional a home inspection visit: HOMEINSPECTORUSA
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When I was an agent, I took a listing the day before our office meeting. At the meeting I spoke about the house and we toured it. That night, one of the agents in the office brought in a full price offer.
The sellers accepted it and said (half jokingly), "Gee, you should give me a discount. You didnt do any work at all to sell it."
My response was also half joking, "Discount? I should charge you double for selling it so quickly!"