I’m starting a property investment company known as Stroba Group where we offer a unique building broker service. Would be interested to hear on some feedback from property investors like yourself. Please check it out at http://www.strobagroup.com.
Thanks in advanceIm a bit confused as to what you do? Is it like a mortage broker for building? If so what kind of services do you provide?
Cheers
Hello Lockymac
Thats pretty much it. Because there are so many builders out there these days, we provide a service where we tender out the process and go builder direct. That way we guarantee the best building price. What we’ve then done at Stroba Group is tie that in with a property development service, as we will now be able to turn previously unprofitable developments into profitable ones.
Send a email from our website ( http://www.strobagroup.com ) if you want further information
Regardswhat a good idea. good luck with it.
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
and Propsa, how does it work. Do you charge a fee? or does the builder pay you?
And are you operating in all states?
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
Hello Terryw
Thanks for your comments. Thats correct, we receive a standard fee from all builders for providing them the work. The fee is the same across the board, so it really does come down to which builder is the better priced / located / quality for that particular job. By structuring it that way, there are no upfront costs for the client. And yes, our brokering service is Australia wide.
Regards,
Had a look at your website. Subdivide and build on my vacant investment block in Armadale whats is the best way to contact you at Stroba Group?
Cheers
Hello Lockymac
Send us a email through the contact page at http://www.strobagroup.com/contact.htm or send a email to [email protected] and let us know what your trying to achieve.
Thanks for your post!Regards
Just thought I would add my 2cents worth- the best" priced "builder is not always necessarily the BEST builder(or cheapest in the end). If your contracts, specifications and contract documentation(council drawings) are not watertight and compatible and descriptive, then it leaves the client open to lots of claims for variations to the original quoted price. It also depends on the integrity(and honesty) of the chosen builder, in how much extra they would charge for variations(which inevitably occur on most jobs for one reason or another). Does your company offer any guarantees for the builders quotes you supply – i.e. say if the chosen builder went bust, what happens then..is there any liability on you for recommending the builder through your service? What services do you offer to clients to help them choose the builder – is it best price only, or do you go into details about each quote, and explain to the client how they vary(if they do) and advantages/disadvantages etc. Are the builders chosen to quote by your company or do they pay a fee to your company to quote, and so it is open to anyone? It still sounds like a good concept though. I know there are a few companies around making a good living from it.
Thanks for the feedback. You raise a couple of good points. As per a mortgage broker, they don’t necessarily get the best interest rates, its also the best structure. Same with a building broker, not necessarily the cheapest builder, but more the best for that job. Different builders will have different areas of expertise, not just from commercial to residential, but also from unit apartments, houses with lofts, double stories, environmentally friendly, designer homes etc. Your point of honesty is also important, as many builders loose work because they are honest. The competitor drops the prices, locks the client in and at contract stage the variations kick in.
As a result, to answer your questions our service 100% guarantees the best building price, uses the main stream builders to ensure the build can be carried out, (if a builder does go bust, we would organize for the project will be taken over by another one, but this has never occurred with us). We also often ask clients if they are skeptical of our service to go out to the market and get quotes, and we will ensure a better one but ensuring that you are comparing apples with apples. We also choose which builders will quote, as builders prices will vary, and we will also know which builders to pass on the particular job and which one is currently pricing well.
Hope that answers some of your questions!
Regards
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