Indent is a process of ordering goods before the goods are circulated in the market, this term may have almost the same meaning as pre-order.
However, indent is a term that may not be very familiar to the public, even though it is often used during purchase transactions, such as property or vehicles.
The pre-order process itself takes a relatively long time. Throughout the process, the seller and buyer will be in constant communication until the transaction is declared complete.
So, What Is Indent?
According to KBBI, pre-order is the process of purchasing a product by placing an order and paying in advance.
It can be said that before you buy an item, you have to make a down payment or guarantee, also known as a down payment (DP).
Later, after receiving the goods, you’ll complete or pay in full. This transaction is often used to purchase property or a vehicle.
However, indent is not actually a desire of the consumer, but can also occur due to several conditions.
For example, when purchasing a vehicle, whether two-wheeled or four-wheeled, delays are a process that often results in waiting times. This often arises due to administrative or technical issues.
An easy example is the availability of four-wheeled vehicles that consumers are looking for is not yet ready.
This way, the customer pays a down payment for the order. Then, once the item is available, the customer can make the final payment.
Meanwhile, in the context of buying a house, consumers can order a house or land by paying a down payment or reservation fee.
Once the house is completed and ready for occupancy, the consumer makes the final payment. Through this upfront payment, the consumer can secure both the land and the type of house.
The Advantages of Pre-Ordering
In fact, pre-ordering is a transaction process that offers many advantages. Here are some of them:
1. Offering cheaper prices
When you buy a vehicle or property on pre-order, the price is usually more affordable.
Not to mention there will be many interesting offers that you can get.
Indent is a fairly effective way of transacting for those of you who want to invest.
2. Choose the unit more freely
When it comes to purchasing a vehicle, customers also have more freedom to choose the type and color that suits their preferences and desires, even when the desired color is not available.
Meanwhile, in relation to purchasing property, some developers will offer freedom to customers who have specific design needs so they can get their dream home.
3. Monitor the construction process
When purchasing a house on an indent basis, customers can monitor the construction process of the residence.
This is certainly very important to avoid the possibility of errors in design or use of building materials.
4. New products
Another advantage of purchasing goods, whether property or vehicles, on pre-order is the purchase of a new item. This is because customers make a payment as a form of agreement to purchase the vehicle or build a house.
5. Get the goods first
If you buy a vehicle by pivoting, you will get items that not many other people own or buy. So, you will get the vehicle first, then other buyers will get the vehicle after the units are fully available.
Weaknesses of Indent Transactions
Although it offers many advantages, pre-order transactions also have several disadvantages, including:
1. Can’t be rushed
Due to the lack of stock, buyers who want to move into a home or drive a vehicle immediately are advised against pre-ordering. Pre-ordering is a transaction method agreed upon by both the seller and the buyer regarding the time of availability.
In fact, for properties, it is not impossible for new units to be available and ready for occupancy between 1-3 years later, depending on the size of the housing development project.
2. Cannot see sample items
When purchasing a property on an indent basis, buyers won’t be able to see a sample property, as everything is still in development. However, developers will usually provide a preview through a brochure or two-dimensional model.
This also applies to purchasing a vehicle. Buyers cannot see the interior or touch the vehicle directly.
3. Need to be extra careful
Even though the prices offered are more affordable, buyers still need to be extra cautious. Especially if purchasing a property on pre-order, buyers should ensure the developer has credibility and a good track record.
Tips for Pre-Ordering
Pre-orders are often used to purchase property or vehicles. However, to ensure everything runs smoothly and avoids any potential losses, you can try the following tips.
- Check the credibility of the seller. Whether purchasing property or a car, be sure to check the seller’s credibility and track record. Find as much information as possible about the seller, either online or through buying and selling forums.
- Make a deal. If you’re interested in purchasing a property or vehicle, don’t forget to reach an agreement with the seller, especially if you’re paying a large down payment. This is to avoid potential fraud that could lead to financial loss.
- Monitoring the development process. Especially when purchasing a property on pre-order, be sure to regularly monitor the construction process. Ensure all materials used are of high quality and that the unit is built to a design that meets your preferences and prior requests.
That was an explanation of pre-ordering, its advantages, and disadvantages, which you should be aware of, especially if you’re considering purchasing property or vehicles using this method. If you’re running a business, you can use Labamu to ensure your operational processes are running optimally.
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