Before You Bid - For Agents
Consumers are now demanding transparency and efficiency in everything they do. Buying your property is no different, and having a Building & Pest Inspection/Strata report upfront makes transacting easier.
Over 97k Reports
70% of successful property purchasers bought report
85% of report buyers bought or bid on the property
The figures above show that for a fraction of the cost of a report, you have the opportunity of getting at least one qualified bidder on your property in over 85% of cases. These bidders could help increase the sale price of your property by much more than the investment you are making in a report.
The two biggest reasons that a sales campaign falls over are issues with (1) finance, or (2) an inspection report. You can reduce the risk of your property sale falling over – and help push your sales price up – by getting a report upfront.
Before You Bid (BYB) Report
Australia’s best sales agents are recommending an independent report before going to market.
1. Mitigate Risks
2. Instil Buyer Confidence
3. Identify Serious Buyers
4. Avoid Delays
5. Provide Customer Service
Before You Bid (BYB) Report
Australia’s best sales agents are recommending an independent report before going to market.
1. Mitigate Risks
Identify issues with the property upfront and fix if required. You can remain in control of negotiating if you are informed.
2. Instil Buyer Confidence
Potential buyers may not feel confident about making an offer if relevant reports are not available.
3. Identify Serious Buyers
You can track who is genuinely interested in the property by seeing which buyers are doing more due diligence by accessing a report.
4. Avoid Delays
Don’t risk losing a sale because potential buyers lose interest, change their mind or end up finding another property.
5. Provide Customer Service
Improve how the real estate industry is sometimes viewed by being a transparent agent. When people look to sell, they may remember how easy it was to transact with you.
Hear from Australia’s top sales agents on getting reports upfront
Frequently Asked Questions (FAQs)
1. What inspectors do you have on your inspector panel?
BYB has over 250 independent inspectors covering Building & Pest, Strata and Pool inspections. We pride ourselves on having high-quality inspectors who are all insured and are held accountable by a rating system. If you have an inspector who you would like added to our inspector panel, you can refer them to BYB here.
2. No other sales agents in my area get a report upfront – why should I?
Getting a report upfront: (1) Mitigates Risks, (2) Instils Buyer Confidence, (3) Identifies Serious Buyers, (4) Avoids Delays, and (5) Provides Customer Service. If you are the only sales agent in your area getting reports upfront, you will have points of difference in the market by being the “integrity/transparency option” and providing a better customer experience for buyers (who are your future sellers).
3. Does BYB have flexible pricing options for vendors and interested buyers?
Yes, BYB has a range of pricing models that include the vendor making either a small contribution to the cost of the report or purchasing outright. To discuss our different pricing models, please contact us.
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