I didn't take your advice about working close to home. I
got too spread out with one company and found that the fuel expense was
too much. So now I'm on the verge of losing more than one client and am
having trouble keeping the lights on. I wish I'd have listened better.
Many mortgage inspectors are not diversified. They often work for only one firm and they cover a large area. They are often replaced without any notice when their mortgage customer finds another inspector who will perform for a lower fee. Job security is very low in the mortgage segment.
Most commercial inspectors are well diversified. They work for for about a dozen high quality firms who pay higher fees. Job security is much better when you are working for a dozen firms as compared to one firm. The loss of one firm usually does not have a significant effect on a revenue stream.
Listen to what I say. I have learned from the experience of tens of thousands of field service inspectors over the last 21 years. I know what works best.
Absolutely agree! I too, took on out of area inspections while re-building my business from moving to a different area. I analyzed expenses using an inexpensive software (Fresh Books )for 4 months and found I was paying them to do these long distance trips. I've presented the gas facts along with "I love working with you, but..." and hope they will keep me on as a local inspector. We'll see.
Posted by: Deb Nakano | Saturday, May 18, 2013 at 09:59 AM