There has been a shift in the market regarding builder due diligence. From something that used to be considered ‘nice-to-have’, extensive pre-contract builder due diligence is now considered a must.
After two years of Covid-related pressures, unprecedented rainfall and construction-cost inflation for labour and materials have further impacted the Australian construction industry.
High rise residential construction has become the norm for many cities in the world, but for Australia this is somewhat new. With anything new there are normally teething issues.
This article provides insights and suggestions to improve a very useful way of differentiating between groupings of builder tier capability within the construction industry.
This is Part 2 of a 2-part series on pre-sales. In this part we take a closer look at pre-sales risks and discuss ways that they could be mitigated.