Browse Forums Building A New House Re: Building with Wisdom Homes 15141Oct 18, 2019 8:46 pm Hi Everyone, I’m hoping you could provide some feedback on Wisdom. I am very keen on them as I really like one of their houses as well as their finishes. I have also been very impressed with the sales rep I have been dealing with here in Sydney so my experience so far has been great. I have found them to be a bit expensive compared to others and am not sure if there is any flexibility in their pricing. Do they negotiate on price or is it 100% fixed? Is there anything else I should be aware of or look out for before I commit to them? Any feedback you have would be greatly appreciated. Thanks in advance. Re: Building with Wisdom Homes 15145Oct 19, 2019 4:23 pm barge27 Hi Everyone, I’m hoping you could provide some feedback on Wisdom. I am very keen on them as I really like one of their houses as well as their finishes. I have also been very impressed with the sales rep I have been dealing with here in Sydney so my experience so far has been great. I have found them to be a bit expensive compared to others and am not sure if there is any flexibility in their pricing. Do they negotiate on price or is it 100% fixed? Is there anything else I should be aware of or look out for before I commit to them? Any feedback you have would be greatly appreciated. Thanks in advance. Prices are fixed. You can't have people negotiating prices on inclusions. Its simply not practical from a commercial or a financial standpoint. You can negotiate price all you like but won't get you anywhere They do however have 3 levels of inclusions so you can choose what level suits you. If you compare like for like across your short list of builders you may find Wisdoms inclusions higher than others which may possibly account for higher prices. I suppose it comes down to what inclusions are important to you as everyone is different They also have a Landscape and Pools which is attractive to some people looking for a complete product. They have pretty good promos I think and every time I see a new one I think... I wish I had that one. Maybe ask your sales consultant is there anything else they can throw in the promo? Hope that helps Re: Building with Wisdom Homes 15146Oct 19, 2019 4:28 pm Stukip Hi All, At what point does the sewer connection from mains to house become the landowner versus council. My pipes need work between my front boundary and the main, apparently... Stukip that's no good. It will be Sydney Water you need to call I would say. Are you not able to connect due to the work needed? Re: Building with Wisdom Homes 15147Oct 19, 2019 4:38 pm barge27 Hi Everyone, I’m hoping you could provide some feedback on Wisdom. I am very keen on them as I really like one of their houses as well as their finishes. I have also been very impressed with the sales rep I have been dealing with here in Sydney so my experience so far has been great. I have found them to be a bit expensive compared to others and am not sure if there is any flexibility in their pricing. Do they negotiate on price or is it 100% fixed? Is there anything else I should be aware of or look out for before I commit to them? Any feedback you have would be greatly appreciated. Thanks in advance. Thanks that is very helpful, much appreciated. Re: Building with Wisdom Homes 15148Oct 19, 2019 4:53 pm Manhattan52 Stukip Hi All, At what point does the sewer connection from mains to house become the landowner versus council. My pipes need work between my front boundary and the main, apparently... Stukip that's no good. It will be Sydney Water you need to call I would say. Are you not able to connect due to the work needed? Mains are in road out front which is clearly outside boundary . Camera inspection appear to show we need rectification work into the mains. Not sure how that can happen given buried under the road but if it needs fixing, I'm not going to gamble with leaving it until an actual blockage happens and risk having to dig up a new driveway! Just more $'s that weren't really planned. Oh well. Building Manhattan 44 Ens + Savannah Elite facade KDRB Tender Accepted 26/03/18; Contract signed 27/05/18; CDC submission 24/10/18; End Panel 13/02/2019; Slab 19/03/2019 Re: Building with Wisdom Homes 15149Oct 19, 2019 4:55 pm Stukip Manhattan52 Stukip Hi All, At what point does the sewer connection from mains to house become the landowner versus council. My pipes need work between my front boundary and the main, apparently... Stukip that's no good. It will be Sydney Water you need to call I would say. Are you not able to connect due to the work needed? Mains are in road out front which is clearly outside boundary . Camera inspection appear to show we need rectification work into the mains. Not sure how that can happen given buried under the road but if it needs fixing, I'm not going to gamble with leaving it until an actual blockage happens and risk having to dig up a new driveway! Just more $'s that weren't really planned. Oh well. Definitely Sydney Water. Hopefully you got a digital file from the camera inspection to send them also Re: Building with Wisdom Homes 15150Oct 20, 2019 11:01 am Manhattan52 barge27 Hi Everyone, I’m hoping you could provide some feedback on Wisdom. I am very keen on them as I really like one of their houses as well as their finishes. I have also been very impressed with the sales rep I have been dealing with here in Sydney so my experience so far has been great. I have found them to be a bit expensive compared to others and am not sure if there is any flexibility in their pricing. Do they negotiate on price or is it 100% fixed? Is there anything else I should be aware of or look out for before I commit to them? Any feedback you have would be greatly appreciated. Thanks in advance. Prices are fixed. You can't have people negotiating prices on inclusions. Its simply not practical from a commercial or a financial standpoint. You can negotiate price all you like but won't get you anywhere They do however have 3 levels of inclusions so you can choose what level suits you. If you compare like for like across your short list of builders you may find Wisdoms inclusions higher than others which may possibly account for higher prices. I suppose it comes down to what inclusions are important to you as everyone is different They also have a Landscape and Pools which is attractive to some people looking for a complete product. They have pretty good promos I think and every time I see a new one I think... I wish I had that one. Maybe ask your sales consultant is there anything else they can throw in the promo? Hope that helps manhattan52 Please consider the new home building market has cooled over the past few years and most NSW volume builders' sales have significantly reduced. Commercial reality means they will need to compete harder for the reduced number of new builds. The HIA says Clarendon is down by 33% versus last year, Rawson is down by 53%, Beechwood is down by 35%... Wisdom Homes will be in similar position, competing with hungry builders like these and, consequently, in late 2019 they will be more than flexible to negotiate with base pricing, final contract pricing, builder's margin, inclusions, promotions, discounts as well as vary contract terms (ie. liquidated damages, progress payments etc.) whatever, to make their final proposal more attractive versus other builders under consideration. It's definitely more of a 'buyers market' now. Wisdom's prospective customers should take full advantage of this situation and negotiate strongly with them, and their alternative builders being considered, to get the very best all-up deal. I see another builder's "$45,000 Off base price" promotion pop up ad continually flashing up on this forum and other social media! A useful negotiating tool for customers may be to prepare a simple spreadsheet that allows side by side comparisons of different builders' proposal details. This may help decipher some of the industry's confusing 'smoke and mirrors' marketing tactics around promotions and inclusions packages. What value do they each offer for what total price? In this current market, and with savvy buyers, I am afraid that if Wisdom's pricing is indeed 'fixed' and inflexible then they will probably not secure many new building contracts. This situation is definitely not good for them from a financial standpoint. Re: Building with Wisdom Homes 15151Oct 20, 2019 2:35 pm Norfolk Manhattan52 barge27 Hi Everyone, I’m hoping you could provide some feedback on Wisdom. I am very keen on them as I really like one of their houses as well as their finishes. I have also been very impressed with the sales rep I have been dealing with here in Sydney so my experience so far has been great. I have found them to be a bit expensive compared to others and am not sure if there is any flexibility in their pricing. Do they negotiate on price or is it 100% fixed? Is there anything else I should be aware of or look out for before I commit to them? Any feedback you have would be greatly appreciated. Thanks in advance. Prices are fixed. You can't have people negotiating prices on inclusions. Its simply not practical from a commercial or a financial standpoint. You can negotiate price all you like but won't get you anywhere They do however have 3 levels of inclusions so you can choose what level suits you. If you compare like for like across your short list of builders you may find Wisdoms inclusions higher than others which may possibly account for higher prices. I suppose it comes down to what inclusions are important to you as everyone is different They also have a Landscape and Pools which is attractive to some people looking for a complete product. They have pretty good promos I think and every time I see a new one I think... I wish I had that one. Maybe ask your sales consultant is there anything else they can throw in the promo? Hope that helps manhattan52 Please consider the new home building market has cooled over the past few years and most NSW volume builders' sales have significantly reduced. Commercial reality means they will need to compete harder for the reduced number of new builds. The HIA says Clarendon is down by 33% versus last year, Rawson is down by 53%, Beechwood is down by 35%... Wisdom Homes will be in similar position, competing with hungry builders like these and, consequently, in late 2019 they will be more than flexible to negotiate with base pricing, final contract pricing, builder's margin, inclusions, promotions, discounts as well as vary contract terms (ie. liquidated damages, progress payments etc.) whatever, to make their final proposal more attractive versus other builders under consideration. It's definitely more of a 'buyers market' now. Wisdom's prospective customers should take full advantage of this situation and negotiate strongly with them, and their alternative builders being considered, to get the very best all-up deal. I see another builder's "$45,000 Off" promotion continually flashing up on this forum and other social media! A useful negotiating tool for customers may be to prepare a simple spreadsheet that allows side by side comparisons of different builders' proposal details. This may help decipher some of the industry's confusing 'smoke and mirrors' tactics around promotions and inclusions packages. What value do they each offer for what total price? In this current market, and with savvy buyers, I am afraid that if Wisdom's pricing is indeed 'fixed' and inflexible then they will probably not secure many new building contracts. This situation is definitely not good for them from a financial standpoint. Still can’t negotiate base price Re: Building with Wisdom Homes 15153Oct 20, 2019 7:45 pm With the end of year rapidly approaching, wishing everyone the best, whatever stage of your build you are at. Thank you to everyone who has given such invaluable advice about building with WH, you’ve saved my proverbial many times and although this has been a stressful ride, I’ve felt a little clearer about the decisions we’ve made and issues we’ve captured before they’ve become problematic. Can’t wait to see how our joinery and tiles have come together in the next couple of weeks. Worried about some of our choices now that they are actually going in though. Re: Building with Wisdom Homes 15154Oct 21, 2019 2:21 pm Norfolk Manhattan52 barge27 Hi Everyone, I’m hoping you could provide some feedback on Wisdom. I am very keen on them as I really like one of their houses as well as their finishes. I have also been very impressed with the sales rep I have been dealing with here in Sydney so my experience so far has been great. I have found them to be a bit expensive compared to others and am not sure if there is any flexibility in their pricing. Do they negotiate on price or is it 100% fixed? Is there anything else I should be aware of or look out for before I commit to them? Any feedback you have would be greatly appreciated. Thanks in advance. Prices are fixed. You can't have people negotiating prices on inclusions. Its simply not practical from a commercial or a financial standpoint. You can negotiate price all you like but won't get you anywhere They do however have 3 levels of inclusions so you can choose what level suits you. If you compare like for like across your short list of builders you may find Wisdoms inclusions higher than others which may possibly account for higher prices. I suppose it comes down to what inclusions are important to you as everyone is different They also have a Landscape and Pools which is attractive to some people looking for a complete product. They have pretty good promos I think and every time I see a new one I think... I wish I had that one. Maybe ask your sales consultant is there anything else they can throw in the promo? Hope that helps manhattan52 Please consider the new home building market has cooled over the past few years and most NSW volume builders' sales have significantly reduced. Commercial reality means they will need to compete harder for the reduced number of new builds. The HIA says Clarendon is down by 33% versus last year, Rawson is down by 53%, Beechwood is down by 35%... Wisdom Homes will be in similar position, competing with hungry builders like these and, consequently, in late 2019 they will be more than flexible to negotiate with base pricing, final contract pricing, builder's margin, inclusions, promotions, discounts as well as vary contract terms (ie. liquidated damages, progress payments etc.) whatever, to make their final proposal more attractive versus other builders under consideration. It's definitely more of a 'buyers market' now. Wisdom's prospective customers should take full advantage of this situation and negotiate strongly with them, and their alternative builders being considered, to get the very best all-up deal. I see another builder's "$45,000 Off base price" promotion pop up ad continually flashing up on this forum and other social media! A useful negotiating tool for customers may be to prepare a simple spreadsheet that allows side by side comparisons of different builders' proposal details. This may help decipher some of the industry's confusing 'smoke and mirrors' marketing tactics around promotions and inclusions packages. What value do they each offer for what total price? In this current market, and with savvy buyers, I am afraid that if Wisdom's pricing is indeed 'fixed' and inflexible then they will probably not secure many new building contracts. This situation is definitely not good for them from a financial standpoint. What's your story? You seem to read too much into everyone's comments, apply them to your own twisted perception of reality and then post snide remarks or lengthy rants when they don't or won't satisfy your *ahem* 'unique' views. 1. Without any inside knowledge of WH's business model and bottom-line management, you can claim they should be negotiable on price all you like, but it doesn't mean they will be. 2. Without any inside knowledge of WH's operating model and QA process, you can suggest their standards may be as poor as your experience with Metricon was, but it doesn't mean they will be. This thread is an opportunity for everyone here to discuss their individual experiences in building with WH, bounce idea's off eachother, watch our builds progress and support the community by passing on any hints/tips we pick up along the way. I personally welcome any positive/constructive contributions you may want to make, but feel free to take your negativity elsewhere. Re: Building with Wisdom Homes 15155Oct 21, 2019 2:26 pm Manhattan52 barge27 Hi Everyone, I’m hoping you could provide some feedback on Wisdom. I am very keen on them as I really like one of their houses as well as their finishes. I have also been very impressed with the sales rep I have been dealing with here in Sydney so my experience so far has been great. I have found them to be a bit expensive compared to others and am not sure if there is any flexibility in their pricing. Do they negotiate on price or is it 100% fixed? Is there anything else I should be aware of or look out for before I commit to them? Any feedback you have would be greatly appreciated. Thanks in advance. Prices are fixed. You can't have people negotiating prices on inclusions. Its simply not practical from a commercial or a financial standpoint. You can negotiate price all you like but won't get you anywhere They do however have 3 levels of inclusions so you can choose what level suits you. If you compare like for like across your short list of builders you may find Wisdoms inclusions higher than others which may possibly account for higher prices. I suppose it comes down to what inclusions are important to you as everyone is different They also have a Landscape and Pools which is attractive to some people looking for a complete product. They have pretty good promos I think and every time I see a new one I think... I wish I had that one. Maybe ask your sales consultant is there anything else they can throw in the promo? Hope that helps Just curious as to why you think that you cant negotiate prices? you do realise that homebuilders mark up these items by circa 25-30% right? Simeon McGovern Affordable Custom Homes, We design and build to your budget Ashington Homes www.ashingtonhomes.com.au Re: Building with Wisdom Homes 15156Oct 21, 2019 2:43 pm I personally think they would be open to some level of negotiation (on the inclusions) and less so on the base build price. My own comment was trying to explain that none of ua have any real insight into WH's business model and as such, cannot comment with any authority on the matter - no matter how much others may want to grandstand on the topic. Re: Building with Wisdom Homes 15157Oct 21, 2019 3:38 pm I have been silently following this thread for a while now and find the recent attempts at censorship by certain members of other members views interesting. Robust discussion and challenging views should be welcomed and not shut down. Some of us actually like to see and read of other's people's experiences, thoughts and perceptions whether they be positive or negative (whether these experiences are based on building with Wisdom or not). This helps people, especially those who are building for the first time or those who are not accustomed to reading the fine print or negotiating etc, to go into things with their eyes open and perhaps think about things they may not have considered. At the end of the day however everyone will have their own experience and it is up to each person to form their own views and conclusions and negotiate their own contract. But to answer the above question, the fact is that everything is negotiable, even the base price, if you speak to the right person. Re: Building with Wisdom Homes 15158Oct 21, 2019 6:05 pm @J_Wess Thank you for engaging in this thread. Surely the ongoing pursuit of quality workmanship, transparency, open discussion without censorship, fair contracts, and a negotiated win/win home building deal is positive and constructive, and is in the best interests of all. Don’t you think? I am surprised you consider members’ contributions about these topics in the Wisdom Homes discussion to be negative and unwelcome. Surely these contributions are helpful for Wisdom's current clients focussed on getting a timely and good quality build as well as those people who are researching and considering Wisdom as a builder of their home?
Re: Building with Wisdom Homes 15159Oct 21, 2019 6:06 pm J_Wess Thank you for engaging in this thread. Surely the ongoing pursuit of quality workmanship, transparency, open discussion without censorship, fair contracts, and a negotiated win/win home building deal is positive and constructive, and is in the best interests of all. Don’t you think? I am surprised you consider members’ contributions about these topics in the Wisdom Homes discussion to be negative and unwelcome. Surely these contributions are helpful for Wisdom's current clients focussed on getting a timely and good quality build as well as those people who are researching and considering Wisdom as builder of their home?
Re: Building with Wisdom Homes 15160Oct 21, 2019 6:07 pm @J_Wess Thank you for engaging in this thread. Surely the ongoing pursuit of quality workmanship, transparency, open discussion without censorship, fair contracts, and a negotiated win/win home building deal is positive and constructive, and is in the best interests of all. Don’t you think? I am surprised you consider members’ contributions about these topics in the Wisdom Homes discussion to be negative and unwelcome. Surely these contributions are helpful for Wisdom's current clients who are focussed on getting a timely and good quality build, as well as those people who are researching and considering Wisdom as a builder of their home? How is your build going?
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