Property inspectors are professionals who can identify problems in a property and recommend solutions before they become major problems. Their job is finding problems and recommending solutions. This report looks at the role of property inspectors, how they should be regulated, and what types of issues they should be examining. The report concludes that many people have misconceptions about the property inspector’s role and that they need to be aware.
To ensure fair and accurate testing, property inspectors must have a certain education and training. A property inspection is a comprehensive, noninvasive inspection of a property. This inspection is often done to determine if the property is for sale. Home inspectors are usually trained and certified to do such inspections on residential or commercial property. They inspect buildings, homes and garages as well as industrial facilities, mobile homes, trailers, and private dwellings. It is their responsibility to ensure that all aspects of the property are examined and that the physical condition of the property is verified. They will report to the customer any problems they find and document them in writing.
A lot of property inspectors begin their careers at a local bank or mortgage company. The average salary for a towne bank inspector is around forty thousand dollars a year. The salary of most inspectors will fluctuate depending on where they are working. Some inspectors begin their careers working in smaller cities like Spokane in Washington. Others work in larger cities like Los Angeles. A mortgage company may not hire an individual to be a property inspector unless they have had specialized training.
Many inspectors work independently, however, they may become affiliated with either a national, state or local association. An inspector who is a member of a trade association can freely advertise their services for the benefit of the association. Some inspectors advertise in newspapers and online. A major hurdle for an individual who wishes to become involved in this business is the cost. Although attorneys and other professionals in this field make very high incomes, the cost of getting involved in this business can be prohibitive.
Individuals and companies can both hire property inspectors. Individuals are paid for their inspections, which are based upon the property being inspected. A property inspector would need to charge a percentage from the total sale price of the home being inspected for large projects. Many inspectors work on a contract basis for real estate firms in addition to performing individual inspections. Companies that require additional home inspections should provide detailed written information to their inspectors about the inspections they will be performing.
Home inspectors are often used by real estate agents to help them sell a house. Agents usually interview home inspectors to learn more about their qualifications. Once they have found a good inspector to work with, they tell the agent all about the home inspections that they have interviewed and any recommendations. The agent then contacts the inspector to conduct the inspections.
A property inspector that works independently can help the real estate investor by providing information that will allow them to make a better decision about buying or selling a property. Independent inspectors can also save time for real estate investors. They are able to inspect a large number of locations without any one particular concern to focus on. Many inspectors offer complimentary inspections because of today’s economy. Free inspections can save time and money by allowing inspectors to inspect multiple locations in a short period of time. This allows an investor to evaluate several different homes in a reasonable amount of time.
Home inspectors must attend continuing education seminars in order to keep their licenses current. In the United States, state law requires inspectors to complete two years of continuing education seminars in order to renew their licenses. These seminars allow inspectors present information that improves their job performance. In order to stay on top of industry standards, real estate inspectors must make sure they are up to date with the latest information and seminar schedules.