Most people know they have to do the most basic due diligence when buying a property.

But how do you know if you can rely on these reports? Are there industry standards that must be adhered to? Do inspectors need to be appropriately qualified and licensed? 

Are these due diligence reports truly comprehensive and highlight any potential issues?

Michael Ferrier, Founder and MD of EYEON Property Inspections, joined us with our hosts, Veronica Morgan and Chris Bates. We dive deep on these topics and more today. So tune in while we pull back the curtain on property due diligence reporting and what you need to look out for when buying your next property.



See you in the episode!



Episode Highlights:
Welcome [0:00]
How are things changing at the two levels of the market? [2:07]
Ensuring you’ve got the consistency of information. [7:40]
The importance of follow-up support in the inspection process. [11:56]
When an agent is on the front foot about a crime [17:32]
Preventing a strata manager from withholding information from the inspection report [22:47]
What’s the biggest issue in New South Wales? [28:06]
Putting yourself in a buyer’s shoes [33:41]
Requirements for building and pest reports [37:41]
Average downloads of a building inspection report [43:11]
The importance of having a building and pest inspection document. [50:12]
What happens when a client has two wrong strata experiences? [56:07]





Connect with Us:
Looking for a Sydney Buyers Agent? www.gooddeeds.com.au
Work with Veronica: www.veronicamorgan.com.au
Looking for a Mortgage Broker? www.wealthful.com.au
Work with Chris: hello@wealthful.com.au
Send in your questions to: questions@theelephantintheroom.com.au





Resources:

https://www.theelephantintheroom.com.au/podcasts/267



If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey!

Most people know they have to do the most basic due diligence when buying a property.
But how do you know if you can rely on these reports? Are there industry standards that must be adhered to? Do inspectors need to be appropriately qualified and licensed? 
Are these due diligence reports truly comprehensive and highlight any potential issues?
Michael Ferrier, Founder and MD of EYEON Property Inspections, joined us with our hosts, Veronica Morgan and Chris Bates. We dive deep on these topics and more today. So tune in while we pull back the curtain on property due diligence reporting and what you need to look out for when buying your next property.
 
See you in the episode!
 
Episode Highlights:
<ol>
<li>Welcome [0:00]</li>
<li>How are things changing at the two levels of the market? [2:07]</li>
<li>Ensuring you’ve got the consistency of information. [7:40]</li>
<li>The importance of follow-up support in the inspection process. [11:56]</li>
<li>When an agent is on the front foot about a crime [17:32]</li>
<li>Preventing a strata manager from withholding information from the inspection report [22:47]</li>
<li>What’s the biggest issue in New South Wales? [28:06]</li>
<li>Putting yourself in a buyer’s shoes [33:41]</li>
<li>Requirements for building and pest reports [37:41]</li>
<li>Average downloads of a building inspection report [43:11]</li>
<li>The importance of having a building and pest inspection document. [50:12]</li>
<li>What happens when a client has two wrong strata experiences? [56:07]</li>
</ol>
 
 
Connect with Us:
<ul>
<li aria-level="1">Looking for a Sydney Buyers Agent? <a href="http://www.gooddeeds.com.au/">www.gooddeeds.com.au</a></li>
<li aria-level="1">Work with Veronica: <a href="http://www.veronicamorgan.com.au">www.veronicamorgan.com.au</a></li>
<li aria-level="1">Looking for a Mortgage Broker? <a href="https://www.wealthful.com.au/">www.wealthful.com.au</a></li>
<li aria-level="1">Work with Chris: <a href="mailto:hello@wealthful.com.au">hello@wealthful.com.au</a> </li>
<li aria-level="1">Send in your questions to: <a href="mailto:questions@theelephantintheroom.com.au">questions@theelephantintheroom.com.au</a> </li>
</ul>
 
 
Resources:
 <a href="https://www.theelephantintheroom.com.au/podcasts/267">https://www.theelephantintheroom.com.au/podcasts/267</a>
 
If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey!

Who's really in control when you buy a property?

The Elephant In The Room is where the things that no one wants to talk about, actually get talked about.  

Veronica Morgan, real estate agent, buyers agent and co-host of Foxtel’s Location Location Location Australia & Chris Bates, financial planner, mortgage broker and wealth coach have joined forces to find out what’s really going on in the world of real estate.

Veronica and Chris talk to property owners and buyers every day in their respective lines of business. They’ve observed a wide spectrum of confidence in people’s decision making ability when buying and selling property, often to the detriment of the individuals concerned. They are both fascinated by consumer behaviour and together they’re going to uncover who’s really making the decisions when you buy a property.

In each episode they get into the psyche of buyers, agents, auctioneers and other industry experts to learn the truth about how buyers are influenced and why they do the things they do. In every episode you’ll learn from the mistakes of a “property dumbo” as well as Chris & Veronica’s “elephant rider bootcamp” training session.

The plan? This property podcast has been created to help us all make better property decisions!

We talk about the things no one wants to talk about in the Property Market

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