Career in home inspection
Home Inspection is a career path that can be rewarding and enjoyable for those who hold the privilege. Home inspectors inspect houses and give their expert opinion and advice about what needs to be worked on or changed before you buy or sell a house. The average hourly pay for a home inspector is $29.37, however this number varies from city to city, as well as from one company to another. The salaries of home inspectors range widely depending on many factors such as your education level, your experience in the field, the company paying you if applicable, and location.
Professional home inspector
In order to become a professional home inspector, you need to graduate from an accredited school with a degree in construction inspection or building science. From there you would put these skills to use in order to get hired at a local inspection company. With time you can become more experienced with inspections, and potentially become an independent home inspector, or even start your own home inspection business.
Average hourly pay
The average hourly pay for a Home Inspector is $29.37 per hour. This number varies from city to city, as well as from one company to another. However, it is important to remember that this does not mean you are guaranteed to make $29.37 per hour when you graduate or even after you have years of experience in the field under your belt. Getting hired at the right company is key when it comes down to earning what you deserve in return for your hard work, expertise and knowledge in the field of Home Inspection
There you have it. The Average Hourly Pay for a Home Inspector is $29.37/Hour, which means your salary will vary considerably depending on what city and company you choose.
How much money does a home inspector make?
How much a home inspector can earn can vary a lot depending on a number of factors. For example, the amount that you will be paid for each inspection depends on whether you have been hired by real estate agents or do inspections just directly from home owners. In addition, there are different types of inspections that you could work on such as new construction inspections and home inspection reports after repair work has been done on homes or buildings.
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Average salary of a home inspector
According to the Bureau of Labor Statistics (BLS), the median annual salary of a home inspector is $49,170. Contractors can charge different fees based on their experience and what kind of work they do. The average hourly rate for a home inspection is typically between $100 to $200 per hour depending on the complexity of the job and whether you are doing a simple routine check or if something major has gone wrong in a building.
Tax Accountants from Miami said that when charging homeowners, many opt to pay by the project rather than per hour because this averages out cheaper for them.
Income Potential
Companies will often hire inspectors as contractors because it makes it much easier when handling payroll taxes and filing their own business taxes which can add up fast especially if you only have one client. In addition, some companies will hire inspectors as part-time employees which is a benefit to the company because then they do not have to pay into benefits such as healthcare and vacation days.
Why real estate hire inspector?
On average, most real estate agents try and hire inspectors that charge around $100 per hour but this can vary depending on where you live and whether you work for an agent or directly from homeowners. Real estate agents typically offer inspectors a flat fee which often includes travel cost and other fees so this ends up averaging out as about $100 per hour plus any additional costs such as your hourly fee for driving to the home inspection site.
Home construction manager
Home construction managers also look for contracting with inspectors who charge around $100 per hour since most inspections take at least 3 hours to fully complete. However, if you are doing a contract with ongoing work so that your client can order routine inspections every month or two for homes, then it is more common to have payment made at the end of the month rather than being paid per hour.
It’s always best to ask about what kind of payment strategy your clients want before beginning any type of contract because this way there will be no surprises later on.
Typical home inspection fees
If you are self-employed then it is common to have home inspection fees that average about $300 per hour. However, this does not mean that your clients will only be paying you $150 an hour because most companies try and negotiate the fee to help cover their costs since part of what they make goes toward taxes at the end of the year. Some companies do offer discounts for ongoing work but once again, these prices vary depending on where you live in addition to what kind of quality service is provided.
If you want to make more money
If you want to make a higher salary as a home inspector, then you could consider getting a degree in related fields such as physics or engineering and then going into research work where the average salary is much higher for this job field due to more competition and demand of these skills/qualifications from employers who typically hire on a contract basis for ongoing construction projects rather than a few inspections a year.
According to Career-cast, the average salary for engineers is around $87,000 per year and this industry is expected to grow 11% by 2020. As a research scientist you could earn an average annual salary of around $74,000 or go into applied science at another organization where you work on a contract basis instead of being employed full-time.
Frequently Asked Question
- Is the home inspector is demanding?
Yes, home inspector is demanding in these days because they are essential.
- What is the average earning of home inspector?
The average earning of home inspector is approximately $59,477 per year.
