National aggregator eChoice has partnered with an emerging fintech company to offer brokers and their customers access to property inspection and reporting services.
The partnership with www.beforeyoubid.com.au will enable eChoice brokers to offer customers the capability to order an independent building inspection and report, once their loan is approved.
The www.beforeyoubid.com.au platform is an online sharing economy which connects consumers interested in a particular property and enables them to share the costs of that property’s reports. The fintech says this has the potential to save customers considerable money, particularly if they are looking at multiple properties.
When it comes to brokers, eChoice’s national sales manager, Blake Buchanan, says this latest partnership will add another string to the broker’s bow.
“Brokers can now offer customers an add-on service which is a natural adjunct to the news of their loan approval. This partnership provides the next stage of securing the property to be further streamlined as the customer now has the opportunity to order a building and pest inspection, obtain a strata report and have their sales contract reviewed by a solicitor,” he said.
According to www.beforeyoubid.com.au, a cash-back model is applied to ensure potential bidders on the same property pay the same report price, as well as an “Uber style” rating system, which rewards the highest quality inspectors and lawyers.
“This is yet another tool for brokers to fortify their businesses by offering services that continue to increase their value proposition for customers,” Buchanan said.