HouseMaster Home Inspections vs World Inspection Network Franchise Comparison

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

Start-Up Costs and Fees
 
HouseMaster Home Inspections Franchise
World Inspection Network Franchise
Investment $61,100 - $106,150$27,425 - $39,985
Franchise Fee $42,500$15,675 - $20,900
Royalty Fee 6%-7.5%7%
Advertising Fee 2%-2.5%-
Year Founded 19711993
Year Franchised 19791994
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee -5% of franchise fee


Business Experience Requirements
 
HouseMaster Home Inspections Franchise
World Inspection Network Franchise
Experience
  • Marketing skills
  • Management skills

  • Marketing skills
  • Working knowledge of Windows-based software, comfortable selling & service, some familiarity with construction/remodeling a plus
    		•

    Financing Options
     
    HouseMaster Home Inspections Franchise
    World Inspection Network Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesYes/No
    Start-up Costs No/YesNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/YesNo/Yes
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    HouseMaster Home Inspections Franchise
    World Inspection Network Franchise
    Training Classroom Training: 40-120 hours Additional Training: Technical training -
    Support Newsletter Meetings/Conventions Toll-Free Line Site Selection Proprietary Software Franchisee Intranet Platform Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Purchasing cooperatives
    Marketing Regional Advertising Social media Website development Email marketing Loyalty program/app Co-op advertising, Ad slicks, National media, Regional advertising
    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.

    10% of all franchisees own more than one unit

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    HouseMaster Home Inspections Franchise
    World Inspection Network Franchise
    US Expansion Yes-
    Canada Expansion YesNo
    International Expansion NoNo

    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 World Inspection Network

    World Inspection Network (W.I.N.) was founded in 1993 by Tom and Dianne Knapp. In 1994 W.I.N. expanded into franchising. The privately held company has locations in more than 25 states across the United States. It is based in Seattle.
    When you partner with WIN Home Inspection, you become a part of the top rated home inspection franchise system, and a national brand. We offer a proven business model to help our franchisees achieve growth, flexibility and freedom with low initial investment in the evergreen, multi-billion dollar home inspection industry.