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Promoted by Before You Bid.
The recent Ethics Index from the Governance Institute of Australia had real estate agents ranking second last, just ahead of politicians.
The poor reputation of agents occurs when buyers feel they have been deceived about the level of interest in a home, price expectations and the condition of the home.
For an industry that is built on relationships, real estate agents have begun taking the opportunity to break free of stereotypes and exceed clients’ expectations. Before You Bid, the home of property compliance and due diligence, is helping support real estate agents exhibit transparency.
By obtaining inspection reports upfront, agents inform sellers and buyers on the condition of the home, reinforcing the value and giving buyers confidence to put forward offers. In the last 12 months, Before You Bid received over 100,000 report purchases, of which 85% of these reports were driven by real estate agents having reports upfront and available. Preparation with due diligence is a great step forward in sales agents promoting transparency and building trust.
Before You Bid CEO, Rhys Rogers, credits the change to a new era of real estate agent; “it is no surprise to see agents today using every lever to provide buyers with transparency and lifting up the industry on the whole. By instigating reports upfront, the buyers have an easier decision as to what they are willing to pay for the property”.
According to Before You Bid, all 10 of the REB Top 10 Agents in Australia (2021) routinely organise inspection reports upfront. This has helped these agents build trust within their communities and elevate their professional profiles in the industry.
To find out more about how to prepare for your campaign and promote transparency, contact Before You Bid via beforeyoubid.com.au/contact.
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