Want the best price for your property? Then you must do a property valuation
Selling your property is an exciting time, but it can also be overwhelming. You want to ensure that you are getting the best value for your investment, but where do you start? If you are not working with a real estate agent or doing a property valuation, it can be challenging to determine the fair market value of your property.
But, did you know that there are many benefits to doing a valuation before selling your property? Not only does it give you an accurate idea of what your property is worth, but it also helps to set realistic expectations for the sale process. By having a clear understanding of the market and what similar properties have sold for, you can make informed decisions about pricing, negotiating, and marketing your property.
Evaluations consider factors such as location, size, age, condition, and market trends, and can help you make informed decisions about any necessary repairs or renovations to maximize your property’s value and appeal to potential buyers.
Here are some more reasons why you should do a property evaluation before selling:
- Accurate pricing: A property evaluation can provide an accurate estimate of your property’s value, which can help you set a competitive price with similar properties in your area.
- Identify potential issues: A property evaluation can help you identify any issues with your property that may affect its value, such as structural problems or code violations. This can help you address these issues before listing your property for sale.
- Marketing material: Having a property evaluation report can serve as a great marketing material that you can use to showcase the property’s value, condition and potential to potential buyers.
- Negotiating tool: A property evaluation can be a powerful tool during negotiations with buyers. It can provide evidence of your property’s value and help you justify your asking price.
- Legal requirements: In some instances, it is a legal requirement to provide a property evaluation report to potential buyers, mainly if the property is being sold as part of a court-ordered sale.
- Lending requirements: If you plan to use the proceeds from the sale of your property to purchase another property, a property evaluation can be used to demonstrate the property’s value to potential lenders.
It is recommended to consult with a professional real estate agent to help you ensure that the evaluation is done by someone certified and qualified.
Do you have a property for sale and would like to get it evaluated? We deal with valuators recommended by the commercial banks. Complete the property valuation form to get started.
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