HomeTeam Inspection Service

CINCINNATI, OH —&nbsp;<a href="https://www.hometeamfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=hometeam-inspection-service-opens-10-units-achieves-steady-revenue-growth-in-2024-2728313" target="_blank" rel="nofollow">HomeTeam Inspection Service</a>, a leading national home inspection franchise, has closed another year of successful growth and innovation.&nbsp;<a href="https://1851franchise.com/hometeaminspectionservice/info">HomeTeam</a> launched 10 new franchise territories in Cleveland, Ohio; Yonkers, New York; Seattle, Washington; Essex, New Jersey; Baltimore, Maryland; Orlando and Lakeland, Florida; and Portland, Oregon, and the entire system continued to benefit from the brand’s consistent strategic marketing.&nbsp; “We’re so proud of our franchise owners throughout the system. They’ve made significant strides in gaining market share, and that has paid off in year-over-year revenue increases,” said&nbsp;<a href="http://www.linkedin.com/in/joshua-spires-9b2209306?utm_source=1851franchise.com&utm_medium=article&utm_campaign=hometeam-inspection-service-opens-10-units-achieves-steady-revenue-growth-in-2024-2728313" target="_blank" rel="nofollow">Josh Spires</a>, vice president of HomeTeam. “Even while the real estate market was down almost every month this year, many HomeTeam owners were up quite a bit.”The year’s growth is driven by franchise owners’ dedication to growing their businesses and supporting their communities as well as the franchisor’s proactive approach to supporting the network. Through things like group coaching calls and the launch of its internal podcast, HomeTeam has further expanded the resources available to franchise owners looking to learn.&nbsp;“Another ongoing effort at HomeTeam is the smart implementation of artificial intelligence,” Spires said. “We’re very pro-AI when it’s used appropriately. We’ve been experimenting with ways we can leverage AI to increase our impact, like helping owners to write more professional, impactful inspection reports in less time.”Looking forward to this year, Spires says the team will continue to innovate and work toward additional improvements throughout the system. Targeting 18 new franchises awarded, HomeTeam is looking to grow in key markets like Seattle, Las Vegas, San Antonio, New Orleans, Phoenix and Omaha.“As we continue to grow, our focus in 2025 will remain our owners,” Spires said. “We’re committed to spending our time supporting our owners with the goal of all of our efforts being funneled toward actions that are going to increase inspection counts and revenue measures for franchise owners while maintaining our status as a trusted partner to real estate agents and homebuyers nationwide.”ABOUT HOMETEAM INSPECTION SERVICEFounded in 1992, HomeTeam Inspection Service is a full-service, independent home inspection franchise serving home buyers, sellers and real estate agents. For 30 years, HomeTeam has built a reputation for providing professional, reliable, efficient and accurate inspections on both residential and commercial property, focusing on electrical and plumbing systems, HVAC, exterior and siding, gutters and drainage, mold inspections, air quality reports and much more. Unlike other inspection companies, HomeTeam sends a team of certified inspectors to every appointment to provide a better and faster inspection, every single time. The brand’s reputation for excellence has made them a top choice among real estate agents and earned them the title of #1 home inspection franchise by Entrepreneur magazine's 2022 Franchise 500 listing. Now, HomeTeam Inspection Service has grown to include over 200 territories nationwide. For more information about HomeTeam please visit&nbsp;<a href="https://www.hometeam.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=hometeam-inspection-service-opens-10-units-achieves-steady-revenue-growth-in-2024-2728313" target="_blank" rel="nofollow">https://www.hometeam.com</a>.&nbsp; &nbsp;

HomeTeam Inspection Service - EOY 2024 - 1851 Franchise

HomeTeam Inspection Service Achieves Franchise Growth in 2024

1851 Franchise

The national home inspection franchise has expanded in multiple new markets and continues to bolster its internal resources that help franchise owners grow.

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HomeTeam Inspection Service Opens 10 Units, Achieves Steady Revenue Growth in 2024

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For years, homeownership has felt out of reach for many buyers, with the average age of first-time homebuyers getting older each year. Lately, though, the market has started to shift as builders and buyers adjust to new conditions.As rents continue to rise, people are finding themselves at a crossroads, realizing it may be more affordable to buy than rent. And while the barriers to entry for purchasing an existing home remain high, builders are stepping in with more aggressive tactics to decrease hurdles and move inventory. So, while there isn’t a traditional buyer boom going on, there’s a strategic opening created by builder incentives.“Building a home is more incentivized than it’s been in a long time, and that’s going to cause an influx of buyers, first-time and otherwise, building homes rather than buying existing ones,” said&nbsp;<a href="https://www.linkedin.com/in/matt-cook-a2810b8b">Matt Cook</a>, Director of Operations at&nbsp;<a href="http://hometeamfranchise.com">HomeTeam Inspection Service</a>. “For&nbsp;<a href="https://1851franchise.com/hometeaminspectionservice/info">HomeTeam</a> franchise owners, this presents a unique opportunity. Even new homes need inspections, and HomeTeam owners have an opportunity to drive business by completing inspections both before the buyers take the keys and at the 11-month mark to provide a thorough report before the warranty expires.”&nbsp;<h2>The Incentive-Driven Shift</h2>The median age of first-time homebuyers is increasing, but the market isn’t stalled. Rather, the new market core is defined by steadily dropping interest rates and remarkable new home build incentives.“If people see that renting is not valuable to them anymore, they’re going to buy a home. And generally, when this wave happens, you’re going to have buyer credits,” Cook said. “We need to build homes faster, and the more we can build and the cheaper they are to build, the more attractive the market is, and the faster our housing booms. Offering buyer incentives is one of the key ways to do this.”Major national builders are utilizing their own financing arms to offer mortgage rates much lower than the national standard, and many are offering “flex cash,” upgrade credit and closing cost assistance to excite buyers and move-in-ready inventory.“These can make a major difference in the value of the home for the buyer,” he said. “These credits are things like, instead of spending $7,500 on a stone fireplace, the builder will give you $15,000 in flex cash to choose any upgrades you want throughout the home. Or, when I built a home in 2015, the incentive was a free deck or finished basement.”For current renters already considering taking the leap to homeownership, incentives like these that can represent tens of thousands of dollars in value are just the push they need.<h2>Supply and the Inspection Gap</h2>The appeal of these incentives is backed up by the data. In early 2010, construction began on about&nbsp;<a href="https://fred.stlouisfed.org/series/HOUST">600,000</a> new privately owned homes. In early 2025, that number was around 1.5 million.This rise in supply is essential to long-term housing availability and affordability, but in the short term, it can come at a cost.&nbsp;“The reality is, as homes are built faster, the quality is at risk because of the rush to complete the project and move on to the next,” Cook said. “There have also been changes in the kind of building materials used. These factors only reinforce a truth qualified inspectors have known for decades: Just because it’s a new home doesn’t mean you shouldn’t get a home inspection. Having an inspector check it before you take over the keys is critical.”There are structural deficiencies that home inspectors can identify prior to closing to ensure a new-build home is up to standard, and there’s also an opportunity to bring an inspector in again around the 11-month mark.“Most new builds will come with a one-year warranty,” Cook said. “Buyers should still get an inspection before closing, but another inspection after living in the home for 11 months is a smart idea. The inspector can again go through the home and identify anything that needs to be resolved, helping buyers make the most of their investments.”<h2>Building Momentum for Franchise Owners</h2>New construction is creating more inspection touchpoints, and that translates into steady demand for HomeTeam owners. Pre-closing inspections, 11-month warranty checkups and routine home health visits can keep schedules full and revenue consistent.Central to this growth opportunity is HomeTeam’s education-first, non-alarmist approach to home inspections and reporting. Rather than causing panic over findings or reporting on whether a home is “good” or “bad,” HomeTeam inspectors empower clients with knowledge and support them in making an informed decision. This builds trust and lays a foundation for a long-term client relationship.For prospective franchise owners, 2026 is a prime time to join the system. With AI-enhanced reporting, new marketing strategies and a changing real estate market, Cook says the team is preparing for “parabolic” growth in the coming years.To find out more information on costs to buy this franchise, please visit&nbsp;<a href="https://1851franchise.com/hometeaminspectionservice">https://1851franchise.com/hometeaminspectionservice.</a>&nbsp;

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HomeTeam Inspection Service Opens 10 Units, Achieves Steady Revenue Growth in 2024

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