Owners / Vendor Reports
Master Property Inspections - Expert Post Completion Reports in Melbourne.
Owner / Vendor's Report - What's The Difference?
The variation between the two reports, which technically work in conjunction with each other, depends on the specific circumstances.
The OWNER’S REPORT and the VENDOR’S REPORT both relate to the condition of a property, but they serve different purposes and are typically prepared in different contexts:
Owner's Report
Purpose: This report is generally for the current owner of the property. It provides an in-depth assessment of the property’s condition, including any areas that may need repair or maintenance. It’s intended to help the owner understand the current state of their property and plan for necessary upkeep.
Context: It may be commissioned when an owner wants to assess the condition of their property for reasons such as maintenance planning, potential renovation, or just as part of routine upkeep. It can also be useful if the owner is thinking of selling or leasing the property.
Content: The report often includes structural evaluations, safety concerns, environmental issues (e.g., mold, moisture), pest infestations, and maintenance or repair recommendations.
Outcome: It helps the property owner maintain the property, avoid future issues, or address existing ones.
Vendor's Report
Purpose: This report is typically prepared for potential buyers during the sale of the property. It provides information about the property’s condition and any issues the seller (VENDOR) is aware of. The goal is to increase transparency and help buyers make an informed decision.
Context: It is usually commissioned by the seller (VENDOR) to proactively address any concerns that buyers might have before the property goes on the market. It’s meant to prevent surprises or delays during the sale process.
Content: The VENDOR’S REPORT usually includes a detailed inspection of the property, including structural elements, pest inspections, compliance with building codes, and any potential hazards. It may also highlight any recent repairs or maintenance done on the property
Outcome: It can help facilitate a smoother and quicker sale by showing the property in a transparent light, allowing buyers to better understand the property’s condition upfront.
Key Differences
Audience: The OWNER’S REPORT is for the current owner, while the VENDOR’S REPORT is for potential buyers.
Purpose: The OWNER’S REPORT is mainly for ongoing property maintenance or pre-sale evaluation, while the VENDOR’S REPORT is designed to provide transparency during a property sale.
Timing: The OWNER’S REPORT is often created at any time during the owner’s tenure, while the VENDOR’S REPORT is usually prepared when the property is about to be listed for sale.
In essence, the OWNER’S REPORT helps the owner manage and maintain their property, while the VENDOR’S REPORT helps a seller provide information to potential buyers during a sale.
Stay in Control of Your Home Sale with a Pre-Sale Building Inspection Report
Don’t let a buyer’s building inspection derail your sale. Be proactive by including a Building Inspection Report in your sales preparation.
At Master Building Inspections, we thoroughly assess your property and provide you with a detailed report.
This allows you to:
✅ Set a competitive sale price with full knowledge of any defects
✅ Address any property issues before listing to maximise your property’s value
✅ Ensure transparency and confidence for potential buyers
Once your home is on the market, your agent can refer buyers to the inspection report. When they purchase their copy, they are fully protected under our Professional Indemnity Insurance, allowing them to rely on the report with confidence.
Key Advantages:
- Identify hidden defects before they become a problem
- Option to fix any issues before listing
- Minimise disruptions—only one inspection is needed
- Create transparency and trust in your sale process
- Reduce potential conditions in buyer offers, making the sale smoother.
Master Building Inspections is transforming the way buyers and sellers access property information.
By offering a readily available inspection report, interested buyers can make informed decisions, sharing the responsibility of the inspection process.
Want to get ahead of the game? Book your pre-sale inspection today!
Professional Reports
Ready in 24 Hours
After the inspection, you’ll receive a detailed report via email from Master Property Inspections, which includes:
- Findings of the inspection.
- Recommendations for further testing or management if necessary.
View a Sample Vendors / Owner Report
Your Post Owner's / Vendor's Report Questions Answered
Frequently Asked Questions
Why should I get a Vendor’s Report before selling my property?
A Vendor’s Report can help you:
Identify and fix any issues before potential buyers discover them.
Set a realistic sale price with full knowledge of your property’s condition.
Reduce the chances of buyers negotiating a lower price due to unexpected defects.
Provide transparency and build buyer confidence, increasing the likelihood of a smooth sale.
How does a Vendor’s Report benefit potential buyers?
Buyers can review a professionally prepared building inspection report upfront, reducing uncertainty and the need for their own inspection. If they choose to purchase the report, they receive the added protection of our Professional Indemnity insurance, ensuring they can rely on its findings.
What does the report include?
We generally focus on structural integrity, safety hazards, and termite or timber pest issues. Master Property Inspections offers premium packages that provide advanced reports at your discretion.
What if a buyer wants their own inspection?
Pre-Purchase Inspection Packages
We offer the typical industry-standard building and pest inspection packages, which already exceed minimum requirements. Beyond that, we provide exclusive, high-end packages unique to Master Property Inspections, setting us apart from the typical industry standards, with comprehensive in-house services that are rarely found all in one place.
STANDARD Pre-Purchase Inspection Packages
STANDARD - BUILDING & TERMITE / TIMBER PEST
Industry Standard Report Quality.
Complies with - AS 4349.1 & AS 4349.3-2010, Australian Standards.
- Critical Minor Defects
- Mould
- Safety Hazards
- Major Defects
- Major Structural Defects
- Termite & Timber Pest
- No-Cosmetics
- No-Wear and Tear
- No-Minor (generic)
STANDARD BUILDING INSPECTION
Industry Standard Report Quality.
Complies with AS 4349.1–2010 Australian Standards.
- Critical Minor Defects
- Mould
- Safety Hazards
- Major Defects
- Major Structural Defects
- Termite & Timber Pest
- No-Cosmetics
- No-Wear and Tear
- No-Minor (generic)
PREMIUM Inspection Packages
PREMIUM GOLD REPORT
Includes extra and specialised services — well above Australian Standards - AS 4349.1 & AS 4349.3-2010.
- Including Selected Cosmetics
- Including Wear and Tear
- Minor Defects
- Mould
- Safety Hazards
- Major Defects
- Major Structural Defects
- Termite & Timber Pest
- Safety Switch Testing & Switchboard Assessment
- Smoke Detectors - Incorrect or Missing Location
- Asbestos Visual Assessment.
- Digital Floor Levels–Detect Foundation & Building Movement
- Infrared Camera–Thermal Imaging Technology
- Electrical Visual Assessment.
- Termite Radar Detection
- Methamphetamine (Crystal Ice) Toxic Contamination Test (Presumptive test)
PREMIUM GOLD PLUS REPORT
Includes extra and specialised services — well above Australian Standards - AS 4349.1 & AS 4349.3-2010.
- Including Selected Cosmetics
- Including Wear and Tear
- Minor Defects
- Mould
- Safety Hazards
- Major Defects
- Major Structural Defects
- Termite & Timber Pest
- Safety Switch Testing & Switchboard Assessment
- Smoke Detectors - Incorrect or Missing Location
- Asbestos Visual Assessment.
- Digital Floor Levels–Detect Foundation & Building Movement
- Infrared Camera–Thermal Imaging Technology
- Electrical Visual Assessment
- Termite Radar Detection
- Methamphetamine (Crystal Ice) Toxic Contamination Test (Presumptive test)
PLATINUM REPORT
Includes extra and specialised services — well above Australian Standards - AS 4349.1 & AS 4349.3-2010.
- Including Selected Cosmetics
- Including Wear and Tear
- Minor Defects
- Mould
- Safety Hazards
- Major Defects
- Major Structural Defects
- Termite & Timber Pest
- Safety Switch Testing & Switchboard Assessment
- Smoke Detectors - Incorrect or Missing Location
- Asbestos Visual Assessment.
- Digital Floor Levels–Detect Foundation & Building Movement
- Infrared Camera–Thermal Imaging Technology
- Electrical Visual Assessment
- Termite Radar Detection
- Methamphetamine (Crystal Ice) Toxic Contamination Test (Presumptive test)
Master Property Inspections Full Range Of Services
Pre-Purchase Inspection Options
New Construction & Specialised Service Options
Some Of The Areas We Serve
- Altona
- Ascot Vale
- Balwyn
- Box Hill
- Bulleen
- Burwood
- Brunswick
- Camberwell
- Caroline Springs
- Coburg
- Drouin
- Ivanhoe
- Essendon
- Carlton
- Caulfield
- Footscray
- Fitzroy
- Glen Waverley
- Glenroy
- Kew
- Malvern
- Maribyrnong
- Mount Waverley
- Moonee ponds
- Northcote
- Oakleigh
- Preston
- Pascoe Vale
- Prahran
- Richmond
- South Yarra
- St Kilda
- Sunbury
- Werribee
- Williamstown
- Yarraville