Tag: inspection industry

Preparing Your Small Business for Retirement

By Roland Bates, NPI, Inc.’s Founder & CEO If you’ve started thinking about retiring from your small business, congratulations! Building a company from the ground up takes years of hard work and is a major accomplishment. Transferring ownership is a lengthy process and can be made more complicated without a definitive course of action. Picking the Right Time You’ve probably thought about the day when you decide to walk away from your business. But that day may move closer or further away depending on a multitude of factors. Although it’s difficult to lock down a definitive date, here are some things to keep in mind to know when the time is right: Whatever your reasoning, it’s all about what feels best for you and your situation. Devise an Exit Plan To make sure that you’re ready for the day when you step aside, begin the process as soon as possible. Envision how things will look like after you’ve retired and what your goals are when you leave. Do you have a family member you’d like to pass the torch to, are you handing it off to an employee, or are you selling to another business owner? What if something such

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Expanding Your Business With Add-On Services

By Jon McCreath, NPI, Inc.’s Technical Supervisor & Training Administrator Additional services can be a strong source of income for a home inspection business. They set you apart from your competition and can be a great value to your customers. If you’ve been interested in adding on services to your business, there are a few things to take into account before starting. What to Offer There’s an extensive list to choose from when it comes to add-on services. The good news is you don’t need to master them all. Not all of them will serve your customer’s needs, but having a solid number of choices to pick from is a good starting point. Some examples of services you can provide are: • Pool and Spa• Radon• WDO• Infrared• Mold Determining Demand Before you fully dive into new services, you need to know how popular they are for your market. This might take a bit of research. For starters, you can always ask your agents about what services they see requested the most. Your ability to offer what they most require can translate into an increase in referrals. Second, customer feedback is a great primary source. Keep your ears open for

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Keys to Writing a Quality Inspection Report

For potential buyers, an inspection report is a crucial part of the process, a sort of roadmap of the property that allows them to make a confident investment decision. That’s why it’s important to make sure you turn over a thorough, well-written report for your clients to review. As you write your inspection report, keep these techniques in mind to create the best experience for your clients. Review Your Notes Rushing anything tends to result in a less-than-polished look, and that applies to writing your reports. Especially when you’re just starting out, it’s important not to worry about hurrying through a property to get to your next inspection. Small typos and larger errors call into question your professionalism as an inspector. With enough practice, you’ll fine-tune your writing and hone your skill so that you’re able to complete reports more quickly. Making your report easy to follow will help your customers better understand their purchase and resolve any doubts they might have. Get Acquainted With Your Software Every inspection writing software is different and has its own unique features. As updates and changes are implemented, it’s essential that you get yourself acquainted with them. When using a tablet, it’s easy

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What Makes a Successful Home Inspector

By Jon McCreath, NPI, Inc.’s Technical Supervisor & Training AdministratorPictured: Brian Shabino (middle) and Team, NPI Sioux Empire Home inspectors have a particular set of strengths they continue to cultivate throughout their careers. These go way beyond the inspection process itself in ways that might surprise you! Here are the top traits of the most successful inspectors: DetailedIn a field like inspecting, it’s the little things that count. Thoroughness is crucial in everything from writing a report to communicating with a customer. There can be a fine line between diligence and over-bearing perfectionism, and it’s important to find the right balance. Nobody is perfect, and stressing over it will slow you down. But crossing your t’s and dotting your i’s shows clients that you care about them as people and don’t think of them as just another sale. Desire to Learn Whether it’s picking up a book, talking to a mentor or simply reevaluating after you’ve made a mistake, continuing your education is crucial to becoming a well-rounded inspector. Taking it upon yourself to learn new inspection best practices shows great initiative, and your dedication will shine when you interact with clients and agents. Online classes, following along with updates

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Tips to Keep Growing in 2021

By Kimberly Stevens, NPI, Inc.’s Marketing Coach As we head into the new year, now’s the time to start planning for more growth in 2021. Following the events of the past months, the forecast for how small businesses will operate has dramatically shifted. Here are a few of the things you can implement over the next 12 months to stay on track and achieve your goals. Dig in with your social media. It can’t be stated enough how crucial a strong social media presence is to grow your business. This last year especially showed how much your digital accounts factor into keeping your company afloat during uncertain times. Looking ahead, it’s only going to become more important that entrepreneurs leverage their social media. Twenty percent of consumers are likely to choose a brand that they can reach on social media, meaning that you’re missing out if you’re not online. Take the time this year to revisit and rebuild your social media to get the most out of it. Nail down those customer reviews. Going hand in hand with a strong online presence, collecting reviews also needs to be part of your plan. Almost 90 percent of customers read reviews before

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Going Virtual: Why Many are Buying Homes “Blind”

By Adam Kiesel, NPI, Inc.’s Digital Marketing Assistant Over the past year, inspectors have adjusted their processes to help ensure client safety and peace of mind. Wearing personal protective equipment and bringing disinfectants to inspections have become commonplace. In addition to precautions taken throughout the inspection process, social distancing measures may still sometimes prevent many agents and clients from opting for an in-person walkthrough to go over report findings. So what does this mean for the future of inspections and how they’re conducted? Read on to learn more. COVID Has Altered BuyingBetween 10-20 percent of Americans under 30 have moved or know someone who has since the pandemic began, either as a direct result of it or due to other circumstances. The housing market remains competitive in many regions, with buyers acting quickly to take advantage of low interest rates. This means that the window of time between the inspection and closing has continued to tighten. More and more employees are also moving to a permanent work-from-home setup, giving them location flexibility. Oftentimes, in this situation, buyers are unable to travel long distances to see a home in person, forcing them to buy “blind.” For inspectors, this makes proper photo

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Teaching Inspection CE Courses for Realtors

By Bill Erickson Whether you’ve recently entered the inspection business or you’re a seasoned pro with NPI, you may have heard us talk about the benefits of introducing CE courses into your marketing plan. At NPI corporate, we’re always working to get new courses approved in your state, and for good reason: CE courses are one of the best face-to-face marketing tools in your arsenal, giving you more quality interaction with real estate agents. What’s the deal with CEs?NPI’s proprietary CE courses are designed to fulfill real estate agents’ continuing education (CE) requirements. When you market yourself as a CE instructor to the agents and realtors in your area, you’re providing a service they need to further their careers. You’ll be invited to present your course to groups of real estate agents, and while these groups vary in size depending on your area, it’s common to see groups of 15 to 20 agents or more sign up for a CE course—you should seize your chance to get their attention! What special skills do I need to teach CEs?None! We give you all the materials and direction you need to run a successful CE course. Combine our presentations with your expertise

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The Importance of Photo Documentation During an Inspection

By Jon McCreath, Technical Supervisor & Training Administrator A picture is worth a thousand words. We’ve all heard this before, but it’s especially true in the field of property inspection. Not only does top-notch photographic documentation of a home or commercial property provide value to your client, but it also protects you and your business from potential litigation. As we dive deeper into this topic, we’ll see that taking plenty of photos on an inspection isn’t just for your customers’ benefit—this best practice also serves as evidence of your job well done. In addition to photos of obvious (or not so obvious) defects, here are the three types of photos you should focus on during your inspections to optimize your process and protect your business and reputation. 1. Areas Without DefectsAs inspectors we pay a lot of attention to defects in homes, but it’s equally important to document areas without defects. The reason might not be immediately clear. While photos of non-defect areas won’t necessarily end up in your report, they can be incredibly valuable as a visual record of the condition of the home on the day of the inspection. If you don’t have a thorough visual record of

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How to Ethically Refer Repairs

As a home inspector in an evolving industry, sooner or later you’ll probably be faced with the question of whether to refer your clients to qualified contractors who can repair the issues you find. Home inspectors used to not deal with this question at all—many worried (and many still do) about the liability involved, as well as appearing to have a conflict of interest. As more millennial first-time homebuyers enter the market, however, this “hands-off” approach is quickly becoming outdated. The bottom line: millennials expect a higher level of service from anyone they do business with. In order to stay competitive, home inspectors have to look at new ways of referring repairs for their clients while avoiding potential ethical pitfalls. 1. Don’t Repair Items YourselfYou might think you’re going above and beyond by performing small repairs yourself as you see them. Replacing a burnt-out light bulb or tightening a loose drawer pull doesn’t seem like a big deal, but you should never repair any items in a home you’re inspecting. Your professional standards of practice dictate that an inspection should be visual and non-invasive, and performing repairs yourself, no matter how small, crosses that line and could potentially open you

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Why You Should Consider Using a Call Center

By Zach Vesper, NPI, Inc.’s Marketing & SEO Specialist This might seem like a familiar situation: you’re out on an inspection, and while talking to your client, your business phone rings. Now you have a dilemma—do you risk looking unprofessional by stepping away from your client to take the phone call, or do you ignore it and hope they leave a voicemail? If this happens often for you, there’s a simple solution: making use of a call center. Call centers can make your inspection business run more smoothly while delivering a host of other benefits, too. 1. You’ll stop missing phone calls.Imagine never having to be in that difficult situation again. Using a call center to answer calls to your business and book inspections allows you to give your full attention to each client, all while ensuring you don’t lose out on future inspections. Here’s a statistic that should worry any small business owner: of all the people who call your business and can’t get through, 85 percent won’t call back, and 75 percent of those people won’t leave a message. Instead, they’ll just move on to the next company, which is likely your direct competition. The bottom line is

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How Time Management Can Unlock Your Hidden Potential

By Jon McCreath, NPI, Inc.’s Technical Supervisor & Training Administrator Small business owners have a lot on their plate. As a home inspector, for example, owners are frequently one part inspector, one part marketer, one part continuing education instructor, and one part bookkeeper (just to name a few responsibilities). Naturally, it can be easy to feel spread thin at times, with different tasks and projects constantly vying for attention. To survive, small business owners need to learn how to become organized and manage their time well – it’s as simple as that. Still, building your time management capability is a constant process. Reconsider these strategies to improve how you run your business and raise the ceiling of your potential. Why Should You Improve Your Time Management?For some people, the benefits of improved time management are obvious. They might struggle to meet deadlines and frequently double-book their meetings. Still others might feel that they have a system they like in place – they just have too much to do! However advanced your time management skills might be, there is always room for improvement and evaluation. Through a frequent time management “self audit” you have the opportunity to improve your productivity at

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Why Veterans Make Amazing Entrepreneurs

By Sammi Marcellus, NPI, Inc.’s Recruitment Coordinator Veterans returning home from duty have a lot of opportunities open for them, but it can understandably be difficult to find one’s place after such a big change. As entrepreneurs and business owners, veterans have a long history of success. From Phil Knight at Nike to Gordon Logan at Sport Clips, veterans clearly have the capability to reach remarkable heights in their own business ventures, but it can be difficult to figure out how to start. At National Property Inspections, we have seen first-hand how veterans excel in the field of home inspections. Many of our top producers are veterans, and we love working with new franchisees who have gained the fundamental skills that military training instills. Here are a few reasons why veterans make amazing entrepreneurs and home inspectors. Veterans Are Versatile Whether through serving in a unit or through the foundational training that all military professionals receive, we have seen that veterans possess an amazing level of versatility. As an inspector and a small business owner, our franchisees learn not only the technical skills to inspect a property, but how to market themselves, manage their finances, and even lead a team

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Upgrading Your Social Media Marketing With Videos

By Stepha Vesper, NPI, Inc.’s Senior Communications Strategist As small business owners, the importance of a strong social media presence cannot be overstated. Now more than ever, videos are dominating the social media marketing space. The types of videos consumers prefer follow a few trends, but their importance has steadily grown. According to social media marketing experts at Wyzowl, 92% of marketers consider video the most important part of their marketing strategy. If videos aren’t currently part of your social media marketing plan, now may be the time to consider incorporating this powerful engagement tool. Why Videos Are So Successful On Social Media There are many reasons why videos have become a priority to marketers, but the main reason is how much engagement videos draw in comparison to graphics, articles, or other types of social media content. With that increased engagement, your posts will see a dramatic growth in their marketing reach as platforms push your posts out to a larger audience. Engagement occurs any time a post receives a like, is shared, or receives a comment. According to Twitter, tweets that include videos attract 10 times the engagement of tweets without them. These findings are unsurprising, as strongly constructed

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Email Etiquette: How to Present Your Business Through Email

By Stepha Vesper, NPI, Inc.’s Senior Communications Strategist Running a successful small business is all about relationships. In the past, relationships could thrive solely over dinner and phone calls, but the way that professionals communicate is rapidly evolving. Today, business owners must learn how to communicate over email in order to grow and maintain relationships, but sometimes the way to do that isn’t clear. Let’s review some of the latest standards of email etiquette, including how to conduct oneself to reinforce professionalism. Dress Yourself Well In person, it is important to maintain a professional appearance. In some industries that could mean a suit and tie, whereas in others that might mean wearing a well-groomed uniform. In the same way, business owners need to have a good email appearance that conveys that same sense of professionalism. Especially when emailing a prospective client or an unfamiliar potential partner for the first time, the email address is the first impression. Use an address that contains your business name, and ideally one that does not use public-use domains. For example, every National Property Inspections franchisee receives their own npiinspect.com email. An email that conveys a direct association with a business rather than something too

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Developing An Inspection Process That Works For You

By Jon McCreath, NPI, Inc.’s Technical Supervisor & Training Administrator Every successful entrepreneur finds a process that works for them. Certainly they take note of the proven strategies that work in their industry, and they adjust their approach when they come across new ideas. For someone just starting out in their industry, this also means plenty of trial and error. While you develop your own routine for running your business, one of the best habits you can work to gain is becoming organized. There is a wealth of information out there for how to do this as a small business owner, or even as a person in general. For example, keeping a to-do list, removing unnecessary clutter in your workplace, and keeping a strict schedule all work wonders to increase a sense of accomplishment throughout your day. However, anyone who has worked in the property inspection industry knows that there is a lot to juggle as a home inspector. As we discuss some recommended processes that have proven to work in the inspection industry, remember this disclaimer: Do not be afraid to tweak these strategies to fit your own style! The main takeaway should be to find your routine and

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How To Respond To A Frustrated Client

By Zach Vesper, NPI, Inc.’s Senior SEO and Marketing Strategist Everyone has been there. Something did not go as planned, and the irritation in your client’s voice is obvious. Maybe you even made an honest mistake at some point in the process. Obviously, nobody is perfect. At some point in your career, you’ll miss a callout, or you’ll simply have to work with someone who behaves unreasonably. Conflict is a natural part of running a business. Though there are plenty of strategies that you could employ to avoid it in the first place, sometimes friction is unavoidable. You’ve found yourself there, and the question is, what do you do now? According to the White House Office of Consumer Affairs, the average disgruntled client shares their experience with 9 to 15 other people, and 13% of dissatisfied people tell more than 20. Addressing frustration is one of the most important things a small business owner needs to learn. Let’s review a few go-to tips to de-escalate frustrated clients, whether in-person or online. Remember To Keep Calm Whenever you encounter a client whose experience did not line up with their expectations, it is important to stay calm. Tensions can easily rise over

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The Signs That Say You’re Ready To Be An Entrepreneur

By Celeste Black-Harr, NPI, Inc.’s Recruitment Coordinator With every new year, an extraordinary opportunity presents itself. It’s a time to celebrate family and friends, to celebrate successes, and to remember the struggles you have overcome. But it’s also a time to reflect and reevaluate. Is what you are doing fulfilling? Is it what you imagined yourself doing five years ago? There are many reasons why people decide to make a change in their career goals, whether it is dissatisfaction with falling into the status quo or a desire to build something that they can pass on to their family. Big opportunities could be on the horizon! Here are a few signs that 2023 is the year to start your own business. You Want To Take Control A standard position as an employee has its own perks. Safety and consistency are big motivating factors to anyone looking for a new job, and without being “the boss,” there are stressors that employees completely avoid. With that being said, the investment of time and experience that you have built up might not get utilized to its full extent in a standard 9-to-5 position. Entrepreneurs have the freedom to devote their time and energy

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How To Finance Your New Inspection Franchise

By Celeste Black-Harr, NPI, Inc.’s Recruitment Coordinator Starting a new business is such an exciting and fulfilling venture, but for many people a lack of confidence in their funding strategy can hold them back from achieving their goals. As with all franchises, an inspection franchise requires a level of initial investment to get started, but you don’t need to wait for a wealthy relative’s inheritance. Depending on your background, there are plenty of worthwhile opportunities that you can consider in order to finance your new business and hit the ground running. Disclaimer: This content is meant for informational purposes only and should not be taken as professional legal, tax, investment, or financial advice. This article is intended to cover general circumstances and is not directed to any specific individual. I am not a registered financial advisor. To know what options are best for your particular scenario, seek out a financial advice professional. With that in mind, let’s discuss some financing opportunities for your new inspection franchise. Secured Or Unsecured LoansOne common route that people looking to franchise end up discussing is the standard Secured or Unsecured Loan route. An easy way to separate these two categories of loans is to

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How To Invest In Marketing When Things Get Slow

By Sydney Bailey, NPI, Inc.’s Director of Marketing Across industries, entrepreneurs will find times in their business when things seem to be going great. There is no shortage in clients or work, and operating their business dominates their attention to the point where marketing can fall down on their list of priorities. This becomes an issue when business, inevitably, slows down. That constant train of phone calls and appointments begins to clear up, and as an ambitious business person, you don’t want to lose out on that hard-earned momentum. So, what do you do? Especially in seasonal industries that are particularly influenced by the ever-changing real estate market, slowing business marks a perfect time to invest your time (and money) in marketing. Make Networking a Priority The best thing you can do when things get slow is get out and meet new people! With each new introduction, you’ll meet a new potential client. With each office you visit, you could start a new long-standing relationship. If you haven’t already, join your local BNI group or any local hotspot for REALTORS® and industry specialists for potential referrals. In short, look for any opportunity to build your business’s contact list. Get connected

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Flat vs. Tall: What’s The Best Organizational Structure For Your Small Business?

By Michael Trimble, NPI, Inc.’s Content Marketing Coordinator As your small business grows into a not-so-small business, you will have to make new decisions as a business owner. You have hired great people who are helping your business reach new heights, but as your team expands, so do your responsibilities as owner, manager, HR representative, you name it! Before drowning in your expanded duties, consider how you can organize your business to run as effectively as possible. In the business world, the two most popular forms of organizational structures are the Flat structure and the Tall structure. Both have their strengths and their weaknesses, and determining which style is best for you can depend on a number of factors. From your personality and leadership style, to your industry and company size, here we will break down the differences to help you determine what structure is best for you! FlatFlat organization structures might also be called a “Short” organization structure. This style consists of employees all working at (more or less) an equivalent level in regards to decision-making, idea-sharing, and total investment in the company, all reporting to the owner. You could imagine this sort of structure as two-tiered, with the

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