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Home Inspection Services

SIC 7389 | NAICS 541350

The following guide to industry information, research, and analysis provides sources for industry trends and statistics, financial ratios, salary surveys, and more.


Select from the following sections or scroll below to view available resources:

Industry Analysis, Statistics, Trends, and Forecasts

Financial Information and Financial Ratios

Compensation and Salary Surveys

Business Valuation Resources


For guides to other industries, see our index of over 400 industries.




Industry Analysis, Statistics, Trends, and Forecasts


Home and Building Inspectors  (view report)

Comprehensive research reports provide in-depth industry analysis and five-year growth forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Report contents include:

  • Key statistics
  • Market size and characteristics
  • Current performance
  • Competitive landscape
  • Major companies
  • Key risk and success factors
  • Five-year growth forecast


ASHI
Information resources available from this trade association include:

ASHI Reporter
http://www.ashireporter.org/
Monthly trade magazine features news and information for industry professionals, with topics covered in each issue including managing the business, marketing professional services, inspection standards and practices, technical reviews of specific systems and components, and industry and association news and events. Digital editions containing selected articles from print edition are available online.

Become A Home Inspector / Requirements By State
http://www.homeinspector.org/become / state-regulations
Introductory section provides a summary overview of the business, with topics covered in this section including the market for these services, types of services provided, business operating characteristics, and ASHI educational and training opportunities; and state regulations section provides information on licensing, education, training, and experience requirements for professionals in each of the 50 states.


NAHI
Information resources available from this trade association include:

NAHI Forum Magazine
http://www.nahi.org/
Quarterly trade publication features news and information for home inspection industry professionals, with topics covered in each issue including industry news and trends, business practices, marketing tips, inspection methods, technical matters, legal issues, and legislative updates. Digital editions of current and past issues of this publication are available online in a mobile-optimized flip book format.

How to Become A Home Inspector
http://www.nahi.org/
Introductory section provides information on how to become a home inspector, with topics covered in this section including state licensing, education, training, and experience requirements for inspectors in each of the 50 states, and information on training courses offered by the NAHI Training Institute and other training providers that fulfill the forty-hour training requirement for NAHI Associate Membership


InterNACHI
Article Library
https://www.nachi.org/articles.htm

Extensive library of articles provides information on various aspects of the home inspector profession from a consumer, business, and technical standpoint, with articles organized by page section into the following subject categories: "General Inspection & Consumer", "Commercial Inspection", "Business Success & Marketing", "Legal & Risk Management", "Articles in Spanish", and "Articles in French".


Working RE
Home Inspector Magazine / Newsletter
http://www.workingre.com/

Semiannual print magazine publication and bimonthly e-newsletter provide news and information for home inspection business owners and managers, with topics covered in these publications including business operations, inspection reporting, customer service, marketing services, and liability risk management. E-newsletters and selected articles from the print publication are available online.


The Home Inspection Book: A Guide for Professionals
Spada, South-Western Education Publications, 2007
http://www.amazon.com/

Comprehensive reference guide addresses the home inspection business from both a business and practice standpoint, with Part 1 of this publication focused on the management, administrative, and financial aspects of operating a successful business, and Part 2 providing a step-by-step guide to the inspection process following the professional guidelines established by the ASHI, NAHI, and NACHI.




Financial Benchmarking Data


Industry Financial Ratios
Building Inspection Services
http://www.bizminer.com  Search for "541350"
Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level.
  • Income and expense detail in dollars and percentages
  • Balance sheets in dollars and percentages
  • Cash flow analysis
  • Liquidity and working capital ratios
  • Profitability and return on investment ratios
  • Asset turnover and efficiency ratios
  • Capital structure and debt service ratios


IBISWorld Industry Research Reports
Building Inspectors
http://www.ibisworld.com

Financial information section of this research report provides an analysis of industry costs and profits as a percentage of net revenue by income and expense category for companies that primarily perform inspections of building structures and component systems, including the roof, foundation, exterior and interior walls, and electrical, plumbing, and HVAC (heating, ventilation, and air conditioning) systems.




Compensation Surveys


U.S. Bureau of Labor Statistics
Construction and Building Inspectors
http://www.bls.gov/ooh/ / oes

Occupational outlook handbook and employment statistics sections provide job outlook and hourly and annual wage data for construction and building inspectors, with positions covered in the wage survey including home inspectors who examine building systems and features including the roof, foundation, exterior and interior walls, attached garage or carport, and electrical, plumbing, and HVAC systems.


PayScale
Home and Building Inspection Services
http://www.payscale.com/home / building

Free online service provides median salary, bonus, and hourly wage rate data for job positions in this service sector, with job positions for which compensation data is provided including office manager, business development manager, marketing representative, home inspector, building inspector, civil engineer, building and construction inspector, building code inspector, and code enforcement officer.




Business Valuation Resources


Small Business Valuation Multiples

Home Inspection Services
http://valuationresources.com/

Comprehensive reference guide provides market-based business valuation multiples for companies that perform inspections of residential building structures and component systems including the roof, foundation, exterior/interior walls, attached structures, and electrical, plumbing, and HVAC systems.


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