**Pricing Survey** All please read and repond

Originally Posted By: rcooke
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jmichalski wrote:
Roy,

I think the problem we have is that there is no empirical data to suggest that the difference between the $300 ispection and the $400 inspection is 7 inspections per month. .


I listened to other inspectors and they told me it also worked for them .
I do hope you can last to find out that you could have got more money and worked less.

A good read that again confirms what most sucessful inspectors are doing.

http://www.nachi.org/imageis2005.htm

Another good read go here and up two letters .

http://www.nachi.org/bbsystem/viewtopic.php?p=189513#189513

Roy Cooke sr A Happy NACHI Inspector


Originally Posted By: rwashington
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$290 for 2000 sq ft home. icon_cool.gif


Originally Posted By: troberts1
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Hi bill,


Do you do an renter/landlord inspection before the tenat moves in and then after the tenant moves out? If not how do you know what damage the tenant has done, and what was there before they moved in? I have rentals and was just wandering. I belong to our local loandlord assocation and have not thought of providing this service. Great Ideal. ![icon_wink.gif](upload://ssT9V5t45yjlgXqiFRXL04eXtqw.gif)


Originally Posted By: tallen
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$249.00 to get out of bed.


<1500 sq.


Originally Posted By: fduemig
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$340- <2200 Sq Ft


$365- 2200 - 2600

$390- 2600 - 3000


Fred

Thanks Len ![icon_redface.gif](upload://f7DX2EWhmUfsDapWaYT3oJHMCj1.gif)


Originally Posted By: lungar
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Hi! Fred;


Do you always go down on your price if the house is bigger ???


Look at your last price Haaa Haaaaaaaa !!!


Regards Len


Originally Posted By: jmichalski
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Roy,


I think it is clear that you and I will not agree on this. Anecdotal evidence supporting both sides abounds. I think that for a start-up though, it is paramount to get out of the box fast, and lower prices have helped me accomplish that.

You will note that the success stories of top-of-the-market pricing are not from guys who are new. If this method works for you, then more power to you. I tend to agree more with the marketing philosophy advocated by RR regarding rewards marketing and volume, since my goal is to grow my business and (one day) be busy enough to need to hire employees.

My goal is NOT to work less, it is to work as much as humanly possible. I know that my days on a ladder are limited, but my days running a business are not - I am building towards that end. Fewer inspections at higher rates does not serve that goal, especially after I scale back my personal involvement in inspecting, leaving it to less experienced hands.


Originally Posted By: dkeogh
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$369 up to 3500sqft $100 for every 1000sqft


$75 for termite and $139 for radon.


About $350 for apprisals

Joseph, I think you should take some business class my friend. Service companies should never compete on price they should compete on service. ![icon_confused.gif](upload://qv5zppiN69qCk2Y6JzaFYhrff8S.gif)

Also did you know that you have the same company name as Sherlock Homes in Spring City, PA


Originally Posted By: aparent
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1999 sf Standard Inspection incl. WDO = $400


Tony Parent
Abode Specialist Inspection Services
Tacoma, WA


Originally Posted By: jmichalski
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Daniel,


I have taken several business classes. I will not try to convince you that there are price shoppers in the service industry, nor that a discount pricing strategy as part of a comprehensive marketing strategy can be effective.

To say that service companies should "never compete on price" is to ignore an important potential marketing strategy, in my opinion.

Internet service providers compete on price. Telecoms compete on price. When service companies should not compete on price is where there is a corporate giant who can use discount pricing to crush the competeition by sustaining losses over a period of time until most or all of the smaller competition is eradicated. I do not find that this case parallells our industry.

I also compete on quality of service - that's how I maintain relationships with the Realtors who consistently refer me. They like the quality of service and report I provide.

It's also how I get referrals from previous clients. They are thrilled with the inspection they got and - thanks to rewards marketing - are eager to refer their friends.

Price does not equal quality, and I find that this misnomer is no longer as prevelant in consumer's attitudes. For those who are status shoppers, there are higher priced inspectors who will benefit from their pricing strategy as the most expensive. As I indicated before, I want to be busy and I am seeking constant volume, as that enhances the power of my other components of my marketing strategy. My pricing is helping me towards that objective.

Of course, there is no way to know how many more or fewer inspections I would have at your prices, but I would suspect that it would be less (since you have the benefit of longevity, and I am seeking a market share as a relative newcomer.) I have set my prices to cover my costs and turn a profit at the number of inspections I project to reasonably perfrom each month. As long as my prices meet these financial needs, they are appropriate. That is not to say they will not ever go up, but such increases will reflect carefully considered market impact and financial needs.

As for the other "Sherlock Homes" - there are several. All I can do is register my ficticious name and incorporate with the state. I registered legally as a corporation with the state and would not have been able to do so if anyone else held the rights to the same entity name I am using. I am sure there is some technical difference (an "Inc" or "Inspections" vs. "Inspection Service" or something like that.)

As I have had no Realtor tell me about that one, I can only assume we are travelling in very different circles. The one I most commonly get confused with is in NE PA, and even that is a rare occurrence.


Originally Posted By: pbalutis
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In our area for the house stated we charge 395 and up with additions, etc.


Originally Posted By: lwillick
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I try to start homes up to 2500 square feet, garage square footage included, at $450.00. Homes in this area are very expensive. Realtor commissions are very high. For the responsibility and liability, our fees are tooooooooooooo low.


Regards,


larry


Originally Posted By: lwillick
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Most homes in my area are priced over $400,000.00


larry


Originally Posted By: jwalker
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Client: How much do you charge? How Much You Got?


$.10 psf w/ a $250 minimum (Home-Mobile-Condo)
(pier/beam +$50?)
1 dollar for every year over 50??@!@@!~$#^&*(
duplex +$25 each unit)

Everyone please fall in line (You Can Do IT!!!!).


Originally Posted By: mvanek
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icon_biggrin.gif I Started my Business for the first year at $150 any size home. Now I have moved up to $175 and up. My average is now $175.00 per home. I still give some discounts to keep more business. Appaisels in my area start at $300.00 Termite is $55. and up.


Hope to keep clients and charge more in the future.


Originally Posted By: krichardson
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Whole House Up To 2000 Sq Ft = 350.00


25.00 for each additional 500 Sq Ft


Apprisals = 300 to 400

-Kevin


Originally Posted By: Blaine Wiley
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mvanek wrote:
![icon_biggrin.gif](upload://iKNGSw3qcRIEmXySa8gItY6Gczg.gif) I Started my Business for the first year at $150 any size home. Now I have moved up to $175 and up.

Hope to keep clients and charge more in the future.


That is the surest way to advertise that you are a brand new inspector.

I would rather do 3 inspections at $400 per week than 9 at $150!


Originally Posted By: msylvester
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up to $250,000 $275


$250,000-300,000 $300


300,000-350,000 $350


350,000-400,000 $425


built before 1900 add $75

Radon $150-200

Final walk through $100

Condo's (all) $250
Town Homes $275


Originally Posted By: zfackler
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I’m late responding - but we’ve been swamped.


Our pricing starts at $225 for condo's and town homes
(the reason is the common roof that is usally a HOA controlled item)

Tiny houses are $225.00
Regular 3 bed/2 bath homes start at $275.00
2500 sq foot and better start at $300.00
Pools and spa are $50.00

New Construction start at $500.00 with 120 day completion (we go out aprrox. once per week)
Commercial start at $500.00 for small stores , offices, etc

Insurance: Basic 4 point starts at $65.00
Citizens over 50 years starts at $150.00
Roof and MobileHome strapping start at $100.00

We basically add $50.00 travel cost for each county line we pass on the way there.
We do not charge for referrals or netwroked inspections. (ei. client calls and needs and inspection, we call another inspector and get the two of them together)


Originally Posted By: cpetty
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I inspect a home under 2000sq.ft for 240.00 with a buyers warranty


for 90 days…12 cent additional sq.ft.


Apras.around 400.oo to 500.00 this is in Georgia.