Vendors may soon have the option of using security personnel to keep their belongings safe during open house inspections.
According to a report in The Sydney Morning Herald, real estate agents may soon be able to offer a range of security services to vendors, including the use of security personnel for $995 a month.
Belle Property Seaford principal Matt Brady told the SMH that the introduction of guards and insurance policies for vendors was a terrific idea and expected this to gain traction in some of Sydney’s 'prestige' markets.
''It's not going to be for everyone, but I think there's certainly a place for this in the marketplace.''
Open Home Insurance and Security director Peter Kellaher said his business wouldn't limit its offering to vendors. It would also offer services designed to protect property managers when dealing with tenancies and rental home inspections.
Mr Kellaher noted that under clause 61 of the NSW Residential Tenancies Act, landlords or their agents could be forced to provide compensation for any stolen goods or damage that occurs during inspections.