About: The Home Inspection Industry
Home Inspection Growth Continues to Escalate
In 2009, The National Association of Realtors reported that there were almost 6 million existing home sales in the U.S. A recent home buyer survey conducted by the NAR and a home inspection trade organization concluded that 77% of all homebuyers obtained a home inspection prior to their purchase.
The percentage of buyers requesting a home inspection has increased significantly over the past few years. This growth has occurred because home buyers recognize that an inspection lowers the risk associated with a home purchase and leads to increased confidence in the purchase decision.
Why Franchise versus Independent Start-up?
Franchising is a business model whose primary purpose is to minimize risk and accelerate momentum. The home inspection marketplace and the real estate community are both intolerant of inexperienced or uninformed business owners.
Recent studies have concluded that consumers have greater awareness, confidence and trust in brand names. A good franchise offers an identifiable brand and is an investment that can be thoroughly researched before any significant expenditures are made.
No matter how much research is conducted, a non-franchised home inspection startup often struggles to get a handle on key aspects of the business. AmeriSpec, as a longstanding franchisor, has an accumulated wealth of information about the business from the aggregated experience of its francise owners, and offers a time-tested operating platform. Answers to nearly all the key questions involved in a startup can be learned from the existing franchisees and Home Office staff. |