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Home > Tools and Resources > Ask the Expert > Thinking of Starting a Home Appraisal Business

Thinking of Starting a Home Appraisal Business

By Richard Parker | Diomo Corporation
Contact Richard Parker | Visit Website | About The Author

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Question:
I''m looking to start a home appraisal business. Is that a good move?

Answer:
Although home buying will always go through ups and downs, the home inspection business will continue to grow or at least sustain itself. The questions I would be asking myself if I were you are:

The home inspection business is lucrative but very competitive. Furthermore, starting a business is always a risky venture. While I like the model of this type of business, I would highly recommend that you consider purchasing an existing one with customers and contacts (and sometimes contracts) in place rather than starting from scratch.

Get more expert advice in Richard Parker's How To Buy A Good Business At A Great Price - the most widely used reference resource and strategy guide for buying a business.

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About The Author
Richard Parker is the author of: How To Buy A Good Business At A Great Price, the most widely used reference resource and strategy guide for buying a business. He has purchased ten businesses in his career and has helped thousands of prospective buyers worldwide learn how to buy the right business for sale. He is also founder and President of Diomo Corporation - The Business Buyer Resource Center.

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