Tips for Hiring a Commercial Property Inspector
Hiring a commercial property inspector is an important part of buying, selling, or owning a building. Having relevant and accurate information about the condition of a building can help in each of these circumstances:
1. When an individual is preparing to buy a building and wants to know the true condition and value of his investment.
2. When a person already owns a building, but wants to know the status of their building, which will allow them to take preventive care measures or reassess their investment.
3. When an individual is preparing to sell a building and wants to know the true condition and value of his investment.
In each of these circumstances, the individual homeowner requires information that only a commercial property inspector can provide, making the process of hiring a commercial property inspector quite important. Therefore, the tips included in this article are intended to help business buyers, investors, and homeowners get an accurate assessment of their investment in order to protect and grow their investment portfolio.
Six tips:
1. First, it’s crucial to make sure your commercial property inspector is licensed, either by National Property Inspections, the International Code Council, the National Association of Certified Home Inspectors, the state, or another standards association. reputable and trustworthy.
2. Do your research. Social networking sites like Yelp and Google Reviews provide unfiltered reviews of commercial property inspection companies. Although business owners can control the reviews that appear on their business website, they cannot control the reviews posted about their business on social networking sites like the examples above. These are the best places to familiarize yourself with the businesses you are considering; However, don’t let a bad review write a business off – look for a general consensus.
3. Do more research! Follow up on company references. Of course, the references any business owner provides will have a positive review to share, but they may be able to answer specific questions you have about work styles, principles, and assorted other concerns.
4. Make sure your commercial property inspector’s equipment is up to date and meets current practice standards. Technological advances such as thermal imaging systems have improved an inspector’s ability to identify water and air leaks and should be on your list of requirements. Also, make sure your commercial property inspector has the proper training to use advanced equipment – ask for credentials!
5. Discuss payment options. Some home and business inspectors are small businesses, often family-owned, and may not have the ability to accept credit cards. If you plan to pay by credit card, communicate your intentions up front so you can decide to choose another company or payment option.
6. Communicate effectively. Be clear about your expectations for a commercial property inspection and discuss the obstacles. Inspectors are not expected to move potentially damaging objects, such as heavy machinery or hazardous materials.
If you’re not sure whether or not to hire a commercial property inspector, make the smart move and go ahead with an inspection. For owners, preventative maintenance is always more cost-effective than repairs, which can also stall productivity. Plus, whether you’re interested in buying or selling commercial property, an inspection will give you the information you need to accurately evaluate your investments.