Browse Forums Building A New House Re: tactics used by builders to increase their margin of profit 41Sep 10, 2009 10:39 pm l cant believe they can still change the price once they have given you a tender. l thought the tenders are usually fixed. We have just signed our contract and l hope were not dealing with the same company that you are dealing with. Hope you get some answers from the Dept of fair trading Handover date 3rd August 2010 WOOHOO!!! Re: tactics used by builders to increase their margin of profit 42Sep 10, 2009 10:47 pm Got busy in the day otherwise I would've replied earlier .. we're building with Fowler Homes and they signed our building contract long before going to council etc. Back then we were targeting June 30 for the grant (didn't know it was being extended).. so our contract said this contract is valid subject to council approval and us progressing towards the build .. something like that .. Eden Brae was a bit expensive for us (for a 30sq double story home), but Fowler slotted in perfectly. So far they've been great, excellent communication and very fair in pricing n dealing .. Did you talk to John at the Fowler Display? (let me know if you need me to reference you, i'm dealing with their main office as well).. There are other Eden Brae customers here who could guide you bout their experience .. Quote: But we are not sure if we have case in the fair trading. We talked to them they said they cannt give advise but only look through when a formal complaint is lodged which we really cant do if we have to build with them Not necessarily, it will if at all, put them straight .. if you really want to continue with them and lose a bit more time and have them complete your home .. if you don't want to build with them at all then its useless taking them to DFT .. --- I don't have a signature - just this sentence saying that I don't have one - that'll do! Re: tactics used by builders to increase their margin of profit 43Sep 10, 2009 11:14 pm We are building our first home with Eden Brae. We have just signed our contract. So far they have been extremely helpful and informative. l hope nothing changes!! We are building the Saville 27. Hope everything goes well for you. Handover date 3rd August 2010 WOOHOO!!! Re: tactics used by builders to increase their margin of profit 44Sep 11, 2009 2:58 am bluemetal77 Got busy in the day otherwise I would've replied earlier .. we're building with Fowler Homes and they signed our building contract long before going to council etc. Back then we were targeting June 30 for the grant (didn't know it was being extended).. so our contract said this contract is valid subject to council approval and us progressing towards the build .. something like that .. Eden Brae was a bit expensive for us (for a 30sq double story home), but Fowler slotted in perfectly. So far they've been great, excellent communication and very fair in pricing n dealing .. Did you talk to John at the Fowler Display? (let me know if you need me to reference you, i'm dealing with their main office as well).. There are other Eden Brae customers here who could guide you bout their experience .. Quote: But we are not sure if we have case in the fair trading. We talked to them they said they cannt give advise but only look through when a formal complaint is lodged which we really cant do if we have to build with them Not necessarily, it will if at all, put them straight .. if you really want to continue with them and lose a bit more time and have them complete your home .. if you don't want to build with them at all then its useless taking them to DFT .. THANKS FOR ALL THE HELP it will be great if u can me john's phone number or may be give our reference to him . we will contact him today only Re: tactics used by builders to increase their margin of profit 45Sep 11, 2009 3:01 am janenguyen l cant believe they can still change the price once they have given you a tender. l thought the tenders are usually fixed. We have just signed our contract and l hope were not dealing with the same company that you are dealing with. Hope you get some answers from the Dept of fair trading yup we thought so when we signed the tender but the have a clause in their contract which says that they have all the right to revise the price after 120 days of the tender which really makes the tender useless. look in the end it comes to this if yuor builder wants to rip off you they have hundreds of ways of doing this Re: tactics used by builders to increase their margin of profit 46Sep 11, 2009 7:35 am We are currently building with Eden Brae. Our final choice of builders came down to EB and Fowler Homes, and EB won out based on the fixed site costs, and the quality of the finish in the EB display homes, where Fowler was quite inconsistent. Our experience so far with EB has been OK, but you are always going to through up and downs with whichever builder you go with. Watch out for the upgrades, but this again is generally the case with all builders. Good luck with your current situation. Cheers, CMET Re: tactics used by builders to increase their margin of profit 47Sep 11, 2009 9:17 am CMET We are currently building with Eden Brae. Our final choice of builders came down to EB and Fowler Homes, and EB won out based on the fixed site costs, and the quality of the finish in the EB display homes, where Fowler was quite inconsistent. Our experience so far with EB has been OK, but you are always going to through up and downs with whichever builder you go with. Watch out for the upgrades, but this again is generally the case with all builders. Good luck with your current situation. Cheers, CMET thanks for the reply Can you please elaborate on the upgrades issue and any experiences how committed are they to schedules Re: tactics used by builders to increase their margin of profit 48Sep 11, 2009 10:01 am hey .. just PM'd you .. --- I don't have a signature - just this sentence saying that I don't have one - that'll do! Re: tactics used by builders to increase their margin of profit 49Sep 11, 2009 11:52 am in the end considering all the comparative costs (with a heavy heart) we are going back to Raws0n h0mes to negotiate once more. EB price is too high even after adding the increased prices. We never guessed it could be so hard it could not be worse than this. hope they dont mess up things anymore Re: tactics used by builders to increase their margin of profit 50Sep 11, 2009 12:45 pm what eb house did you get quoted on, and how much would it have cost? 2014 - Prepping to build the Soho 4 with Plantation homes, industrial style 2009 - Built the Brampton with Coral Homes viewtopic.php?f=31&t=15399&start=280 Re: tactics used by builders to increase their margin of profit 51Sep 11, 2009 1:03 pm 240K said the prices have gone out of the sky since last 3-4 months and quite a number of builders sre using the clause to increase the prices Re: tactics used by builders to increase their margin of profit 52Sep 11, 2009 1:04 pm sorry forgot to mention oxford19 (only 19 sqs)and have to opt for something other than basic facade as our neighbours have chosen the basic one Re: tactics used by builders to increase their margin of profit 53Sep 11, 2009 1:07 pm omg - which rawdon hill house are we looking at? 2014 - Prepping to build the Soho 4 with Plantation homes, industrial style 2009 - Built the Brampton with Coral Homes viewtopic.php?f=31&t=15399&start=280 Re: tactics used by builders to increase their margin of profit 54Sep 11, 2009 1:22 pm regal facade in linley series(single stories)---thats the best in the series Re: tactics used by builders to increase their margin of profit 55Sep 11, 2009 2:24 pm Thanks for the heads up on Rawson.. I'm put in a tender and will hear back from them early next week - going with Bedarra and building just down the road in Abbotsbury.. So far our consultant has been great, however I will print this example and discuss it before signing any paperwork.. Hope things improve here on out.. All Finally Done March 2012 Re: tactics used by builders to increase their margin of profit 56Sep 11, 2009 2:30 pm settled on 10k too big to digest down Re: tactics used by builders to increase their margin of profit 57Sep 11, 2009 3:07 pm $10 k is way better than the $19,000.00 they wanted! 2014 - Prepping to build the Soho 4 with Plantation homes, industrial style 2009 - Built the Brampton with Coral Homes viewtopic.php?f=31&t=15399&start=280 Re: tactics used by builders to increase their margin of profit 58Sep 12, 2009 4:28 pm yup everything seems settled for the moment hope the building part is not so difficult with them . have my fingers crossed Just to makea point about this, an approach that some people have found sucessful in negotiating these rises down, Is to provide some workings to the builder, specifying… 4 81723 Fair Trading can issue orders to rectify and complete but once the matter goes to NCAT these orders are automatically vacated. You will have to terminate contract and sue… 21 29714 How are you doing Ben? Extremely interested in hearing what you are doing or plan to do! 12 15166 |