Reality check

[Brian A. MacNeish]

Originally Posted by Rudolf Reusse

Unsubstantiated claims made by franchisors - course providers - and trade organisations about the income potential from "home inspections" have flooded the marketplace with an unhealthy number of newcomers hoping to make an easy buck.

Mr. Gromicko’s published statement that he never has - except for the first 60 days - earned less than $1.000.00 a day as home inspector - and that he was able to save one million dollars in 5 ½ years is one example how a home inspector turned promoter - has convinced thousands of naive followers to become a fee paying member of his organisation. Collecting $289.00 - without any exposure to risk - from thousands of NACHI members obviously beats his income he generated from home inspections.
HOW TRUE!!! Expose it for what it is!!!

The aforementioned example proves my point that becoming a home inspector these days is not a guarantee to advance from rags to riches anymore. The highest monthly income I have ever achieved was $16,725.00 in March of 1991 when the average rate per inspection was $275.00 and the market was hot in Toronto.

RUDOLF REUSSE - Home Inspector since 1976 - TORONTO

Rudolph:

Here's some of the crap being sold/promoted out of my area using the INACHI overnight certification process:

Currently we have inspectors billing $10,000 - $30,000 per Month!
This is from a 1.5 year old company franchising against the well established large franchisors in a market already saturated with HI's......LIES!! LIES!! LIES!!

http://www.best12franchises.com/fran...uyers%20Choice

SAD!! SAD!!! SAD!!!!

[Douglas Cossar]

Originally Posted by Brian A. MacNeish

Rudolph:

Here's some of the crap being sold/promoted out of my area using the INACHI overnight certification process:

Currently we have inspectors billing $10,000 - $30,000 per Month!
This is from a 1.5 year old company franchising against the well established large franchisors in a market already saturated with HI's......LIES!! LIES!! LIES!!

http://www.best12franchises.com/fran...uyers%20Choice

SAD!! SAD!!! SAD!!!!

Well...... Brian there are other companies trying to sell Pizza, Landscaping Amway and all other types of franchises and business opportunities. I suppose there might be one person who bought the line is making that kind of money. Its truly up to the potential purchaser to do their du dilligance.

Has nothing whatever to do with iNACHI so what is your point?

Cheers

[Douglas Cossar]

Originally Posted by Kingston Reporter

Its false advertising Doug, and that is contrary to most consumer laws. Unfortunately not all consumers are smart enough, and are duped. These are exactly the type of people who want to become inspectors because they want an easy street. We do not need these types in the inspection industry (sorry if that offends some), and we don't need newbies undercutting established inspectors. The public is not being protected either, because there are too many unqualified inspectors plying their wares and buying into the false promises. No one to blame for outing this inspection company but themselves and their foolish claims. Licencing?

I really don't know how to spell it but "caveat emptor" is the name of the game

Are you, whom ever you are, out to save the world?

Cheers

[Brian A. MacNeish]

Originally Posted by dcossar

Well...... Brian there are other companies trying to sell Pizza, Landscaping Amway and all other types of franchises and business opportunities. I suppose there might be one person who bought the line is making that kind of money. Its truly up to the potential purchaser to do their du dilligance.

Has nothing whatever to do with iNACHI so what is your point?

Cheers

Well, it's like this.........The trainer for this group has about "2" years in the HI business. They are using the NACHI system for "QUICK CERTIFICATION" * to get people into the field asap!! (I will be attending my third complaint against their franchisors this week)

*In the last week, I have talked to both a past and current INACHI member. Both have said that they were listed as "Certified" on the "Featured Inspectors" webpage the morning after passing the entrance exam (overnight certification), paying the fee and not completing any of the other requirements.

[Randy King]

I happen to agree that I think the market is more competitive than in the past but the thing each of us has to realize is that the home inspection industry is still quite an evolving industry. Furthermore, there are only certain areas that each of us are in control of in regards to each of are business's/companies. For example, the market may become more and more competitive in the future and flood with tons of newbies but their is only so much market in each area it is up to you and your business efforts to control as much of that market share as possible. Also, most of these guys that are entering the biz thinking that they are going to take a 2 hour class and enter the market without a good amount of training, customer service skills and a business model will be weeded out as quickly as they entered. This industry will always in my opinion be closely linked with the housing market and RE offices/agents and great biz models and people skills, inspection skills, marketing plan, etc. will be the only way anyone in this industry will be sucessful in regards to monetary compensation. Each of us is in control of our own fate...even in a down market.

[ahannan]

Originally Posted by Rudolf Reusse

My posting was actually meant to trigger a response from Canadian home inspectors to find out wether or not this business is still suited to support a wife - two kids and pay the mortgage and car payment monthly.

For about twenty years it was quite possible to make a decent living from home inspections in Toronto even as single operator. In the beginning there was even a kind of camaraderie between competitors.

This all changed when more and more people were lured into this business by conniving course providers and/or franchisors who promised unrealistically high income potential to unwary suckers. Now we have several hundreds of home inspectors in the Toronto area alone - all eager to somehow make a buck in a declining housing market.

It is certainly not very encouraging.

RUDOLF REUSSE - Home Inspector since 1976 - TORONTO

Rudolf,
Whether or not a home inspector can support a family / dog / mortgage is dependant on many factors such as market conditions, lifestyle choices, finanical status, place of habitat, etc.
The definition of success will vary greatly from person to person. I believe that if you live in Toronto, a family will need to earn at least NET 100k-120k to support today's cost of living. That is why many full-time inspectors are branching out into other areas and there is nothing wrong with that.
Unless we all begin to earn what we are really worth ($600 + per inspection) then I suspect that more and more inspectors will diversify.

[Nick Gromicko]

www.nachi.org/membership.htm