Are You Shopping Home Inspectors or Home Inspection Fees?

By
Home Inspector with Wingard Services, LLC HI-4113

This afternoon I quoted a 2700 square foot home inspection (with in-law apartment) at $360. The home buyer (our client) was shopping for an inspector on the first call to me and said she would let me know. Notice I said client... I got the job. The second call from this home buyer came with more questions and revealed that a competitor quoted $250 for the same job.

Our general stance is that we provide a high quality service which more than earns the price we charge. We charge the normal going rate in our area. Home inspection fees are small compared to home value and other fees involved in the purchase.

Good inspecting can reveal significant and costly defects. We need good inspectors in the industry and they need to earn a reasonable living to become good inspectors. My response to this client was that this is a slower time and home inspecting can be competitive. "Our price is our price and you will see in the end that we are more than worth it". I got the job and scheduled it for tomorrow afternoon.

I earned the job because I answered her questions and addressed her concerns about a pool, roof, etc. with the thought that I can solve her problem of needing to know the condition of the home and I can make her less stressed about the purchase. I really wasn't thinking much about "winning the job over my competitor". I think this kind of attitude comes through when you can talk with prospective clients.

Home buyers who pick an inspector based on $10-50 difference don't usually want to talk which makes it difficult to help them. A service first mentality comes through when you can have a conversation with potential clients. My competitor made our client wary by pricing below the market.

You will lose a number of people based on price when you take the high road. This means you shouldn't criticize your competitors but know the difference between you and them so you can speak to your strengths. Be high quality, consistent and confident and use totally open communication while "selling" a prospect.

Our profession needs to act professionally to maintain and earn higher fees. Unfortunately the "industry of creating home inspectors" churns out a lot of home inspectors. The more paranoid among us might blame the "Inspector Industrial Complex". By not participating in price cutting and focusing on improving the craft of home inspecting we elevate our profession overall and elevate the fees we can earn.

Comments (6)

Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Raymond, some buyers do not know they need a GOOD home inspector versus one that charges low fees.

Feb 08, 2017 07:23 PM
Nathan Gesner
American West Realty and Management - Cody, WY
Broker / Property Manager

If you can demonstrate your value, they won't question the fees. Well done and nice article!

Feb 08, 2017 07:51 PM
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

It's shopping for 100% competence and character, the price is the price. Of course in 15 years I've always used the same 2, so I never shop, I just call.

Feb 08, 2017 07:55 PM
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I never let others fees or business models change what I am doing.  Good for you.

Feb 08, 2017 08:45 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Raymond Wingard - you are so right. Most of the time, most of the buyers are 'price-shopping' and not 'skill-shopping'.

Feb 08, 2017 09:28 PM
Charles Stallions Real Estate Services
Charles Stallions Real Estate Services Inc - Gulf Breeze, FL
Buyers Agent 800-309-3414 Pace and Gulf Breeze,Fl.

Thanks Raymond for sharing such great stuff on home inspections, I always have mixed feeling as some inspectors try to kill a deal while others are so so at best.

May 05, 2017 06:22 PM