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Updated about 3 years ago on . Most recent reply

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REAL ESTATE AGENT & HOME INSPECTOR AT THE SAME TIME ???

Matthew McManus
Posted

I just got my Real Estate License and now I'm going to get my Home Inspection License. Can anyone tell me what to expect Salary Wise if I do both Real Estate Sales and Home Inspections ?? I do know that this can be looked as a conflict of interest and need to be careful not to inspect the same home I'm going to be selling. Just trying to figure out what kind of income I should expect performing both?

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Jay Thomas
  • Real Estate Agent
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Jay Thomas
  • Real Estate Agent
Replied

Hi Matthew. I too am a Realtor and I just wanted to say first, congrats on the RE License! 

Initially, I think about what you have already stated, having both can be looked at as a conflict of interest.  Even if you are not inspecting a house intentionally, it can be used against you if something goes wrong. I would personally see getting an appraisal license goes more hand in hand with a realtor license. That is not what you asked though, so I do apologize if my opinion is not welcomed and please disregard if you please. 

Inspectors usually charge any where from  $300-800 depending on the size of the property and what is included with the package chosen. With you starting, I would recommend a lower fee initially or to join company that will train you and add more credibility to your name. Though, if you joining a company there will most likely be a fee  or split of profits. With those fees, you can probably expect anywhere from $20,000-$30,000 your 1st few years as an inspector and of course with real estate, probably just about the same amount as well. so with both, I would say somewhere within the ball park of $30k-60k within your 1st few years.

I hope to hear more about your journey into both. Good Luck!

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