Home inspectors typically complete two walkthroughs with reports per day.
Work can bottle up, especially if there's anything amiss with the inspection that can delay a report and the closing date for a buyer or seller.
Binsr Inspect, an emerging technology company that leverages artificial intelligence, wants to free up an additional slot in an inspector's day.
The platform serves as a hub for inspectors to schedule appointments with clients. It also has a voice and video component where AI can facilitate an inspector's walkthrough and expedite the time it takes them to write a report.
"Inspectors can say something like 'there's a crack in the HVAC unit in the garage. Please mark it as a safety hazard,'" said Mark Garcia, a co-founder of Binsr in an interview with Homes.com. "They just give it the commands, and it will build the report. The video will actually grab natural images ... annotate them for you and add them to each of the comments."
Garcia said there are approximately 50 customers using the platform, with hundreds more on the waitlist to be onboarded.
How Binsr is servicing the inspector industry
Garcia said inspectors, on average, spend one to three hours writing a report.
With Binsr, "we're seeing three- to five-times faster report writing and we think that can increase," Garcia said.
The idea to service the inspector industry arose from Garcia fielding requests from real estate agents who needed help in analyzing lengthy inspection reports.
Mark Goodman, the immediate past president of the American Society of Home Inspectors and regional vice president and senior inspector for BPG, agrees that two inspections a day is usually the max output.
Goodman told Homes.com that most inspectors don't write their reports on site, but rather on a computer. Factoring in time for the inspection, driving and writing the report, completing the process can be a heavy lift, Goodman said.
While working primarily with buyer agents, Garcia said owners and seller agents can use the platform to get ahead of any repairs needed before the home is listed.
Platform lands seed funding
The name Binsr is a nod to Buyer’s Inspection Notice and Seller’s Response. This form, which is only used in Arizona, is the formal request for what buyers want fixed or credited before closing on the house.
The company was co-founded in late 2023 by Garcia, a tech industry veteran with experience at Salesforce and in startups, and Aryash Dubey, an entrepreneur and senior at Arizona State University.
Binsr recently closed a $1.1 million pre-seed round led by New Stack Ventures and Silence VC, with early support from Phoenix-based Lofty and its Scottsdale-based founder Joe Chen.
"This is a $500 billion market still reliant on outdated, manual workflows and is ripe for disruption," said Luke Skertich, principal at New Stack Ventures, in a statement.
While based in Phoenix, Binsr is a remote company operating nationwide. The bigger goal is for Binsr to be "one of the largest companies with the smallest workforce."
The Binsr team is rounded out with Hemant Dua, who is also an ASU senior. Garcia said the focus in the new year will be on adding engineers and operations and support staff. Garcia added that he'd like to hire former inspectors to help onboard new customers to the platform.
Goodman said the inspection industry has been slower to adapt to AI than others, but his peers are starting to embrace the tools at their disposal.
"AI is going to touch every business, every service, every person out there. And if you're not either actively using it, figuring out how you're going to use it or have a plan, you're too late and not going to be able to compete."