largely untouched commercial inspections market exists which are completely separate from the residential inspection market! Just Google “commercial building inspections and what you’ll find is a small number of inspection companies across North America who perform commercial inspections in addition to residential inspection. Look through their sites, and you’ll find that most approach commercial inspection they way they would a home inspection… the language they use is based on residential inspection… their websites look like those of residential home inspections… and 95% of them have a “residential inspection” mindset.
Not only is this commercial inspection huge but, on average, commercial clients are less emotional and more reasonable to deal with, and they have deeper pockets. Compared to residential clients, what they require from an inspector are fewer babysitting skills and more professionalism.
That’s why the International Association of Certified Home Inspections the world’s largest professional inspections organization, has developed the only comprehensive Commercial Standards of Practice in the inspection industry.“Standards” is a key word. Nowadays, a professional inspector has access to wide-reaching Standards which act as guidelines in steering inspections through the commercial inspection process.
Who hires commercial inspections, and why? As inspections interested in performing commercial building inspections, you should understand just what it is that differentiates commercial inspections property investors from residential. When inspecting commercial and industrial properties, your clients will consist of businessmen and women who, in their consideration of most properties, will follow an established procedure in evaluating properties.
This procedure is much more defined than the comp/appraisal process used for residential transactions, inspections although not necessarily simpler. As opposed to residential processes, foremost in consideration of purchasing a commercial building is the continuity and stability of the stream of income it has generated in the past, and which it may generate in the future inspections.
Determining a building’s potential future income stream is complicated, and it involves examining many physical as well as business aspects of the building offered for sale. inspections process of examination is called “due diligence.” Remember that term because, as a commercial inspector, a portion of their due diligence is the service that you actually provide to your client.
Just as a land developer may hire a general contractor to oversee a variety of subcontractors who actually perform the construction work, a commercial investor often hires an inspector whose responsibilities typically involve overseeing a variety of subcontractors. These subcontractors provide specialty inspections reports on building systems, such as HVAC, electrical, roofing, structure, and whatever else is called for in the Client/Inspector Contract.
Although the Standards are available and extremely useful, the goal of commercial inspections is to provide the client with the information they need to enter into transaction negotiations with as much power in their possession as possible. In a negotiation, knowledge and documentation is power. Gathering this information is the process of due diligence and where commercial inspections play a key role.
The due diligence provided by commercial inspections will vary, sometimes substantially, with the nature of the transaction. Variables may include building age, type, use and location. Although the client must make the final decision on what services will be supplied, the expertise of the inspector in providing advice and insight may be crucial.
Background for providing this advice may require a preliminary inspection by the inspector, the inspector’s subcontractors and, sometimes, the building’s maintenance personnel. Buying a commercial property? A thorough building inspection before you buy is just as essential for you as it is for a home buyer. You need to know exactly what it is you are buying in order to protect your investment.
Make sure all problems are taken care of before you sign on the dotted line. An inspection by one of A Buyer’s Choice’s inspections will help you spot the building’s problems before they become your problems commercial inspections reports provide a complete inventory and assessment of property condition. We can deliver a full cost analysis that includes maximum/minimum cost projections and an estimated timeline for repairs and replacement.
This information enables a better reflection of the true cost of any given property, and cost may be factored into the negotiated price or budgeted in advance inspections are most generally, an organized examination or formal evaluation exercise. The inspector makes pictures and a report to certify that the goods that are being shipped and produced are in accordance with the accompanying documents.
Commodity inspection is another term that is used between buyers and sellers. The scope of work for commodity inspection depends on the buyers. Some buyers hire the inspection agencies only for pre-shipment inspections i.e. visual quality, quantity, packing, marking and loading inspections and some others request for higher level inspections and ask inspection agencies to attend in the vendor shops and inspect commodities during manufacturing processes.
Normally inspection is done based on an agreed inspection and test plan , a high-rise building is defined as any building more than 75 feet in height. The owner, building manager, or property manager’s representative of any such building is required to have a valid Certificate of Inspections for the entire building, structure, or facility.
A highrise inspections from typically performs the inspections. The occupant, owner, or manager of the inspected business shall be issued a Certificate of Inspection.
If, at the time of inspections, a building is found to not be in compliance with this code, a Certificate of Inspection will not be issued. After notification of the violations that were detected, the owner, manager, or occupant shall be required to remedy the conditions of violation and inspections shall be conducted not more than 30 days from the time of the originals inspections.
Commercial inspections conduct inspections for all commercial buildings, structures and equipment with regards to foundations, structural/non-structural framework, interior and exterior claddings, rough-ins, and finishes.
City inspections review the following types of construction services:
- New commercial and multifamily (apartments) buildings
- Additions/alterations to all commercial and multi-family buildings
- Foundation repairs and additions/alterations
- Satellite dishes, radio and communication towers/equipment
- Building envelope systems
- Barrier-free design and accessibility
- Building fire safety design and services
- Building demolition permits
Control your risk, you need to look beneath the surface of your building investments, evaluate the property and develop a plan to protect your assets. Our trained professionals employ a broad spectrum of commercial and multi-family inspection experience. Because our inspections live in the cities we serve, you won’t find better responsiveness or market insight. No surprises, no guesswork, just experience working to protect your investment.
Property Condition Assessments
Comprehensive inspections for small to mid-sized commercial properties, multi-family units, warehouses, and retail outlets.
Through site inspections and detailed report which identifies the useful life and cost estimates of major common area expenditures — used by condominiums, homeowners’ association, office parks, churches, inspections and apartment complexes.
An examination of a specific component or system which requires special assessment by a qualified expert – such as engineering consults on design, foundations, roofs, inspections or structure.
Phase one site assessment for commercial properties. See our Environmental section for other services inspections
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