3 Ways to Get a More Reliable Property Valuation

October 15, 2022

 

Use the Best Professionals

Firstly, you should consider using the services of only the best professional valuers. They will have the experience and expertise to give you an accurate valuation. These days, this is especially important if you're selling a high-value property. A professional valuer will also be able to give you advice on how to get the best price for your home.

For example, a professional will tell you the right time to put your property on the market. Also, they will advise you on any necessary repairs or improvements before selling your property. After considering all factors, a professional will give you a realistic valuation of your property.

Notice that we said the best 'professionals', and the plural form is used for a reason. While one valuation might be accurate, it's always best to get a second opinion. This will ensure that you are getting an accurate valuation of your property - what if the two valuations are very different? In this case, you should get a third opinion to help you determine the property's true value. Too often, we see homeowners only get one valuation and then base their entire sale price on that - don't fall into this trap.

Try an Advanced Online Tool

As you can probably imagine, the market has moved forward over the years. Now, you can get accurate property valuations from PropertyPricer and other reliable online tools. These days, modern sellers are looking for convenience, so if you want to get the most accurate valuation of your property, it's best to use an online tool.

While you might feel sceptical at first, the best tools use data from multiple sources to come up with an estimate. This means that you'll be getting a more accurate valuation than if you were to use a traditional method. For example, they consider things like recent sales in your area, the current market conditions, and even the time of year. With so much data to draw upon, you can be confident that you're getting a property valuation that is as accurate as possible.

Only Use Independent Parties

Finally, don't make the mistake of using a valuation service that is affiliated with a real estate agent or property developer. These services have a vested interest in providing you with a biased valuation, as it benefits them financially. If you want an accurate property valuation, you should only use independent parties who have no skin in the game.

By following these three simple tips, you can be confident that you're getting a property valuation that is as accurate and reliable as possible. Why are accurate valuations important? They ensure that you're not overpaying as a buyer or selling your property for less than it's worth. In either case, accurate valuations save you time, money, and stress in the long run.

As a seller, you don't want to waste time by starting with a high valuation that buyers are not willing to pay. Likewise, you don't want to get an offer in five minutes just because your valuation was too low to start with. You want to find that happy medium, and the only way to do that is to have an accurate property valuation using these three tips.

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