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  1. #1
    Join Date
    Oct 2010
    Location
    Florida
    Posts
    12

    Default Selling/Buying A Home Inspection Business

    OREP Insurance

  2. #2

    Default Re: Selling/Buying A Home Inspection Business

    If you'd like to talk to me about this topic, call Mike Doerr at 800-544-8156 and schedule an appointment. Might be worth your while.


  3. #3
    Join Date
    Mar 2007
    Location
    Knoxville, TN
    Posts
    2,560

    Default Re: Selling/Buying A Home Inspection Business

    I sold my HI business in 94 when I moved. Feel free to email or PV me to discuss.


  4. #4
    Join Date
    Nov 2009
    Location
    St Paul, MN
    Posts
    1,630

    Default Re: Selling/Buying A Home Inspection Business

    There is little to no value in a one or two man inspection company except for the equipment. There may be value to a multi-inspector company but you'd need an iron clad contract from each of the inspectors guaranteeing they would not leave...good luck with that.

    Most home inspection companies market the individual service and knowledge and each inspector has their own "following" or referral network. Loose that inspector and you'll loose those inspections.

    I watched firsthand as one large national company purchased a smaller national company for a few million dollars. That small company was doing 4-5 million a year in inspections. Within a week of the purchase 50% of the inspectors quit and started their own businesses. Within 2 years 90% of the original inspectors had left and started their own businesses. 95% of their referrals was also lost.

    MinnesotaHomeInspectors.com
    Minnesota Home Inspectors LLC
    ASHI #242887 mnradontesting.com

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