Becoming a house snagger

dave 27

Hi all,

Just wondering if there is a course you need to go on to be a snagger? I have qualifications in construction and work in the industry with my qualifications but just wondering if there is anything you need to be a snagger for competency purposes as silly as it sounds?

Gumbo

dave 27 wrote: »

Hi all,

Just wondering if there is a course you need to go on to be a snagger? I have qualifications in construction and work in the industry with my qualifications but just wondering if there is anything you need to be a snagger for competency purposes as silly as it sounds?

No qualifications required. Anybody from your father in law, to a Chartered Engineer can snag a house.

dave 27

kceire wrote: »

No qualifications required. Anybody from your father in law, to a Chartered Engineer can snag a house.

Are you able to work freelance at it without having to be part of a company? I would be pretty clued in regarding regs and what to look out for but at the same time find it quite strange that you dont need any particular "qualification of competency" at least.

Metric Tensor

You need professional indemnity insurance to cover yourself for missing something major and the home-owner subsequently suing you.

The insurers will have their own requirements in order to cover you. That will be the limiter.

dave 27

Metric Tensor wrote: »

You need professional indemnity insurance to cover yourself for missing something major and the home-owner subsequently suing you.

The insurers will have their own requirements in order to cover you. That will be the limiter.

Thanks for the help, I see countless amounts of snag lists a year in my profession so just thinking it might be a good way to boost income.

What are the steps to creating this for insurance purposes and also tax purposes should I get a bit of income from it?

Metric Tensor

Get on to a broker and explain what you want to do and tell them you want to get "professional indemnity insurance" to cover you. I've never heard of a person who only did snag lists so I'm not sure there will be a direct product for you. You might have to get PI insurance like an architectural technologist or similar.

Edited to say that I shouldn't be handing out tax advice because I'm definitely not an expert and I wouldn't want anyone basing their tax payments on anything I say!

dave 27

Metric Tensor wrote: »

Get on to a broker and explain what you want to do and tell them you want to get "professional indemnity insurance" to cover you. I've never heard of a person who only did snag lists so I'm not sure there will be a direct product for you. You might have to get PI insurance like an architectural technologist or similar.

Perfect thanks for the help

doolox

https://www.revenue.ie/en/vat/vat-registration/who-should-register-for-vat/what-are-the-vat-thresholds.aspx

Looks like you can take in €37.5k in any continuous 12 month period in turnover for services.

Calahonda52

Metric Tensor wrote: »

You need professional indemnity insurance to cover yourself for missing something major and the home-owner subsequently suing you.

The insurers will have their own requirements in order to cover you. That will be the limiter.

This is the nub of the issue here.
The insurance will be based on your projected earnings initially.

Be very aware of the deductible.
What happens is that guys take out say 3 million cover, not realising that they are liable for the first, maybe 250,000.
That a lot of snagging, at maybe 25 euros an hour.

Ps you also should have PL

dave 27

dave 27 wrote: »

Thanks for the help, I see countless amounts of snag lists a year in my profession so just thinking it might be a good way to boost income.

What are the steps to creating this for insurance purposes and also tax purposes should I get a bit of income from it?

I would only have loved there be someone who did this as a job, when moving into my house...

Hell I would still love one!

Gumbo

Deleted User wrote: »

I would only have loved there be someone who did this as a job, when moving into my house...

Hell I would still love one!

There are 1000's of snaggers in the country, most are Registered Building Surveyors.

The first lines of a search for House Snag List are :

https://www.snaglistdublin.ie/

http://www.homesnag.ie/

Its not as if house snaggers have been hiding in the bushes

kceire

kceire wrote: »

There are 1000's of snaggers in the country, most are Registered Building Surveyors.

The first lines of a search for House Snag List are :

https://www.snaglistdublin.ie/

http://www.homesnag.ie/

Its not as if house snaggers have been hiding in the bushes

I would have needed a Snagger/Corrector, it was not a new build (but a completely empty shell) so no hope of getting builders to correct based off a snag

the_syco

Deleted User wrote: »

I would have needed a Snagger/Corrector, it was not a new build (but a completely empty shell) so no hope of getting builders to correct based off a snag

You use a snagger to help negotiate price. For example; if something is found that could cost €30k to fix, you try to have the price lowered by €30k.

the_syco

the_syco wrote: »

You use a snagger to help negotiate price. For example; if something is found that could cost €30k to fix, you try to have the price lowered by €30k.

Or you are buying a bank sale and get told where to jump and need to get someone willing to do several smaller jobs in a house

peteb2

Calahonda52 wrote:

Be very aware of the deductible. What happens is that guys take out say 3 million cover, not realising that they are liable for the first, maybe 250,000. That a lot of snagging, at maybe 25 euros an hour.

Get outta town! No PI policy for that type of business description is going to have a 250k deductible. Most civil engineers wouldn't even be covering that!!

liam7831

I was a snagger during the boom for one of the big construction companies, involved a lot of expanding foam

tradesman

liam7831 wrote: »

I was a snagger during the boom for one of the big construction companies, involved a lot of expanding foam

Forgive the pun....but can you expand on this please?

Steer55

Deleted User wrote: »

the_syco wrote: »

You use a snagger to help negotiate price. For example; if something is found that could cost €30k to fix, you try to have the price lowered by €30k.

Or you are buying a bank sale and get told where to jump and need to get someone willing to do several smaller jobs in a house

It's a handy man not a snagger you need.

Doop

Bit of confusion here I would suspect..

1 - Snagger/finisher ... works on behalf of contractor/developer... goes in completes snags tides up works maybe corrects snags listed by end purchaser (below).

2 - Snagger.... works on behalf of purchaser.... goes in completes a 'snag list' ...hands over to client.

dave 27

Doop wrote: »

Bit of confusion here I would suspect..

1 - Snagger/finisher ... works on behalf of contractor/developer... goes in completes snags tides up works maybe corrects snags listed by end purchaser (below).

2 - Snagger.... works on behalf of purchaser.... goes in completes a 'snag list' ...hands over to client.

Correct

mickdw

peteb2 wrote: »

Get outta town! No PI policy for that type of business description is going to have a 250k deductible. Most civil engineers wouldn't even be covering that!!

My excess on PI insurance is about 1200 euro on any claim. Engineer.

Calahonda52

peteb2 wrote: »

Get outta town! No PI policy for that type of business description is going to have a 250k deductible. Most civil engineers wouldn't even be covering that!!

I was using it as an example to make sure he understood the issue.
It was an issue during the crash where guys renewed insurance but kept upping the deductible, so the standard proof letter of cover was no use: you needed to see the full policy

HappyAsLarE

A decent snagger would have a degree in building surveying at a minimum.

Gumbo

HappyAsLarE wrote: »

A decent snagger would have a degree in building surveying at a minimum.

I wouldn’t go that far. I’ve seen better staggers that worked as labours on site and I’ve seen mega qualified individuals miss a lot of things.

Who2

An old school carpenter who’s trained on the start to finish of a house is usually best suited in this situation, there’s an awful lot of surveyors out there that have little to no knowledge on the way things are done in real terms.