HouseMaster Home Inspections vs Canadian Residential Inspection Services Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of HouseMaster Home Inspections vs Canadian Residential Inspection Services including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
HouseMaster Home Inspections Franchise
Canadian Residential Inspection Services Franchise
Investment $61,100 - $106,150$24,500 - $29,500
Franchise Fee $42,500$19,500
Royalty Fee 6%-7.5%0
Advertising Fee 2%-2.5%$100/mo
Year Founded 19711988
Year Franchised 19792001
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
HouseMaster Home Inspections Franchise
Canadian Residential Inspection Services Franchise
Experience
  • Marketing skills
  • Management skills

    • Some residential construction knowledge is an asset.

    Marketing skills.

    Position requires good communication and people skills.

    Must be an independent self motivated worker

    Financing Options
     
    HouseMaster Home Inspections Franchise
    Canadian Residential Inspection Services Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/No-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    HouseMaster Home Inspections Franchise
    Canadian Residential Inspection Services Franchise
    Training Classroom Training: 40-120 hours Additional Training: Technical training 250 hours of distance education that can be completed from your home with a written exam to follow, then a full week of one- on-one practical field training that occurs at Headquarters.
    Support Newsletter Meetings/Conventions Toll-Free Line Site Selection Proprietary Software Franchisee Intranet Platform Ongoing support. Field operations/evaluations, Meetings, Internet, Phone line
    Marketing Regional Advertising Social media Website development Email marketing Loyalty program/app Ad slicks, National media, access to national advertising fund, relocation
    Operations Franchise can be run from home.

    30% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1 - 5

    Absentee ownership of franchise is not allowed.

    		Franchise can be run from home.

    Absentee ownership of franchise is NOT allowed.

    Can be run without additional employees.


    Expansion Plans
     
    HouseMaster Home Inspections Franchise
    Canadian Residential Inspection Services Franchise
    US Expansion Yes-
    Canada Expansion Yes-
    International Expansion No-

    Company Overviews

    About HouseMaster Home Inspections

    Ken Austin began an independent house inspection service in northern New Jersey in 1970. Nine years later, he formed HouseMaster and began franchising, using marketing experience he gained at Johnson & Johnson and Warner Lambert Co. to spread the word about his new company. HouseMaster inspectors check out all the major systems of the house, providing an objective opinion of its physical condition. The HouseMaster Express Report provides a comprehensive on-site report. HouseMaster franchises offer homebuyers a limited inspection guarantee and has an errors and omissions insurance program to protect franchisees.

    Veteran Incentives  15% off franchise fee
    ""  
    In Franchise Business Reviews' Top 200. 

    "Entrepreneur
    #319 in Franchise 500 for 2020.

    About Canadian Residential Inspection Services

    Canadian Residential Inspection Services, Ltd. is a solely Canadian-owned company. The company was established in 1988 to address the inspection needs of the real estate marketplace, and since that time has developed an innovative expertise in the industry. It provides a visual inspection of the property that includes items such as surface grading and drainage, roofing, insulation, ventilation, chimneys, exterior siding, windows and doors, structural integrity, foundation, electrical and plumbing. Part of the firms' success has been in its development of professional standards and rigorous training. The training focuses on in-depth knowledge of residential construction techniques, defect recognition and report writing.
    At Canadian Residential Inspection Services, we supply comprehensive training, target marketing, and ongoing support. With this type of backing, it's easy to be a strong team player.