HouseMaster Home Inspections vs Property Damage Appraisers Franchise Comparison

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

Start-Up Costs and Fees

 
HouseMaster Home Inspections Franchise
Property Damage Appraisers Franchise
Investment $61,100 - $106,150$75,888 - $653,425
Franchise Fee $42,500$50,000 - $600,000
Royalty Fee 6%-7.5%15%
Advertising Fee 2%-2.5%-
Year Founded 19711963
Year Franchised 19791963
Term Of Agreement 10 years3 years
Term Of Agreement 10 years3 years
Renewal Fee --


Business Experience Requirements

 
HouseMaster Home Inspections Franchise
Property Damage Appraisers Franchise
Experience
  • Marketing skills
  • Management skills
  • -

    Financing Options

     
    HouseMaster Home Inspections Franchise
    Property Damage Appraisers Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/NoNo/No
    Inventory No/YesNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    HouseMaster Home Inspections Franchise
    Property Damage Appraisers 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 -
    Marketing Regional Advertising Social media Website development Email marketing Loyalty program/app -
    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.

    -

    Expansion Plans

     
    HouseMaster Home Inspections Franchise
    Property Damage Appraisers 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 Property Damage Appraisers

    Based in Fort Worth, Texas, Property Damage Appraisers inspect automobiles, homes and heavy equipment. The company also provides lease turn-in condition reports, vehicle protective coating inspections and mechanical warranty inspections