One-Fourth of WIN Home Inspection Franchise Owners Are Veterans
Discipline, multi-tasking skills, the ability to implement proven systems and form respectful relationships make vets ideal WIN Home Inspection franchisees.
Armed with discipline, multi-tasking skills, the ability to implement proven procedures and the desire to help potential home buyers, veterans James Price and Dennis Lochard are successful WIN Home Inspection franchise owners.
Price, 28, was not surprised to hear that WIN was one of the best franchises for veterans.
“I think a WIN franchise works for veterans because we have the discipline to follow procedures,” said Price, who has had his franchise in Lubbock, Texas, since March 2012. He opened another in Austin, Texas. “It came naturally to me.”
“The core makeup of veterans has proven to be a perfect fit with the WIN Home Inspection brand,” said WIN President Steve Wadlington. “Their inherent comfort in following a plan, the ability to execute it with strong discipline, and their servant’s heart for delivering true value to customers all work together to give them a competitive edge. WIN business owners help home buyers, home sellers and real estate professionals clearly understand the functional value of a home, and our veterans stand tall in the consistency and professionalism they deliver.”
WIN Home Inspection is one of the fastest-growing home inspection franchises in the country, and it is ranked as a top franchise opportunity by Entrepreneur magazine, Franchise Business Review and by G.I. Jobs. WIN stands apart from competitors by offering a consistent, professional home inspection service that home buyers appreciate and real estate agents respect. Training, technology and marketing support help franchise owners develop loyal relationships in the real estate industry that lead to a steady stream of customer referrals.
Vets “at ease” with WIN
“The biggest thing to draw me in was the low overhead,” Price said about being able to take advantage of the fastest-growing home inspection franchise company’s “WIN for America” program. Qualified, honorably discharged U.S. military veterans may be eligible for a discount on the initial franchise fee for a WIN Standard Designated Market Area. The reduced fee is $13,500, compared with the regular $19,500.
Inspired by the International Franchise Association’s “Operation Enduring Opportunity,” which is a concerted effort to help veterans find jobs and start businesses, WIN committed $1.2 million in 2012 to finance its own program, “WIN for America.” In 2013, six veterans were recipients of both Gold and Silver level awards, allowing for 50% or 10% of their franchise fee to be waived. Price was awarded a Gold level award.
“We want to give back to the service members who put their lives on the line for us,” said Terry McGee, WIN’s Director of Franchise Development.
WIN Home Inspection also provides veterans a way to own a business with a flexible schedule. James was able to finish college while learning to be an owner. “You control your hours. I pick when I want to work,” Price said.
Lochard, 54, began his business in Twin Peaks, Colorado, in 2001 after serving in the Army for nine years and then working in the corporate high tech manufacturing industry. He tries to schedule three inspections a day, six days a week so he can retire early.
Some people may feel intimidated by the business and technical detail involved in a home inspection business, but Lochard explained one doesn’t have to have a background in any one topic because WIN will “teach you everything you need to know.”
WIN Strategic-Partners get startup training and annual training, as well as ongoing support over the life of their franchise agreements. Lochard appreciates that the fastest-growing home inspection franchise has an intranet where any WIN franchisee can ask a question, and other franchisees will share their experiences.
“I like being in business for myself, but not by myself,” Price said of the benefits of being part of WIN.
Why home inspection is a smart move for veterans
Price enjoys getting to know homebuyers and notifying them of a home’s issues or potential issues in a way they can understand. The advanced home inspection franchise has proprietary software quickly and efficiently generate comprehensive home inspection reports for clients.
“It is so rewarding helping a young family buy their first house,” Lochard said.
Home sales rose 19 percent from 2010 to 2014 and that number is expected to grow. According to the National Association of Realtors, about 77% of homes are professionally inspected, and WIN Home Inspection franchise owners charge an average of $375 per inspection. The average revenue for a Strategic-Partner is $112,000 before fees.
“It is a strong industry that will only grow from here,” Price said of the home inspection industry. He now has one inspector and an office manager working for him.
Lochard brought his brother, Jim, on board to run his second WIN location in Fort Collins, Colorado.
He believes WIN “is a great way to own your own business. You have the satisfaction of owning your own business, building the business from the beginning. There is a tremendous sense of accomplishment.”
To learn more, visit www.winfranchising.com
Director of Franchise Development