Came across this is sponsored post:
https://www.news.com.au/sponsored/hAgxv2u65YC5iREmUNxv/new-a…
Basically there always has been a need of escrow type service with tradies. Ideally government based is even better and potentially extended role of fair trading.
Just wondering if anyone has heard of anyone using that app or familiar if there are alternatives?
If they are getting no work and the benefit of additional clients made it useful.
It fundamentally misunderstands the current trades market, where you struggle to get even a poor tradie at a decent price…
Wouldn't it be easier just to do a normal contract? Deposit up front, payments setout based on requirements through project, final payment upon completion. The funds are going to have to be released through the project anyway and you get the annoyance of having to deal with a random startup company.
The kind of tradies who ask for full payment upfront will never agree to use this platform.
Prices for trade and hell, even non trade certified work is through the roof these days… and you want to add another layer of difficulty and cost? Eg what happens if trade and client have a fall out? What happens if there are sub contractors or other parties involved? What kind of protection is involved as far as quality of work with respect to release of payment (especially after the trade finishes up and some time passes)
Prices for trade and hell, even non trade certified work is through the roof these days
We know why it happens. Just look at the quality of the people doing the work. They hardly complete year 10, then unless you pick up your act (only very few do) then your choices are limited. Builders aren't going bust due to luck.
I'd suggest making trades a university level course, you actually graduate fully qualified because the 3 years is practical experience and do ethics course then they can kick you out / ban you just like all the professional associations can.
It is becoming a joke when you realise having a new build house defect free is rare, something is seriously wrong.
You need an AFSL to recommend someone buy $500 of the ASX200 ETF but you have TAFE level qualification to sign a contract do deliver a $300k house.
Dodgy tradies that know they're dodgy and are booked out for years in advance are never going to use anything that costs them time, money, or the ability to rip people off.
An ex colleague of mine started a similar thing.
Personally, I have a hard time understanding why any builder would do that if they didn't have to 🤷🏼
Edit TradeEpay
Edit2 looks like the site is no more. Figures.