A “game changing” new system allowing prospective home buyers access to ratings of up to 100 NSW property developers has been introduced in NSW. All buildings will have a defect of some form. What you get from ratings of players is the high likelihood that the developer or builder will go back to fix it.
The NSW Building Commissioner David Chandler backed the ratings system as a means of putting more power in the hands of the buyer. The five-star rankings will sort property developers on key points such as credit ratings to judge developers’ character, capability, capital and defect history.
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