Peter Kelly Property
Signing the building contract feels like the finish line. It's actually when most developers lose control of their project. In this episode of Inside Property Development, I sit down with Marcus from our project management team to break down what really happens once a building contract is signed and why the work you do before signing decides whether your project runs smoothly or unravels twelve months in. You'll learn the three red flags experienced developers spot during the tender process, how to handle provisional sums and latent conditions without getting burned, and why the cheapest builder quote can quietly cost you six figures in variations down the track. We also cover how to evaluate tenders properly, what to lock down in your scope, and how to keep the build contract in the bottom drawer where it belongs. Whether you're building your first townhouse or your tenth dual occupancy, this episode will change how you approach every builder relationship. 🔥In this episode: → The risks that appear the moment you sign → Why pre-contract work decides everything → Three red flags every bad builder shows → How provisional sums quietly inflate your costs → Why the cheapest tender often costs the most → How latent conditions catch developers off guard → Why your negotiating power dies at signing → How to compare builder quotes apples for apples 👇 Chapters 00:00 Intro 00:43 What risks appear once a building contract is signed? 10:57 What warning signs should developers watch for with builders? 14:50 How do experienced developers manage builders effectively? 📺 Prefer video? Watch the full episode on YouTube [https://www.youtube.com/@peterkellyofficial] 🏠 Join Australia’s #1 Property Developer Network Free (Forever!) Join Now for Free [https://www.littlefishnetwork.com.au/] 📣 Powered by: Little Fish Property [https://www.littlefishproperties.com.au/] ☎️ Book a call with Pete: Click here [https://www.littlefishproperties.com.au/strategy-session/]
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