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"What Agents Do" - Valuation

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Valuation is possibly the most contentious aspect of estate agency, and emotions run high when discussing most people’s most valuable asset. It is natural that the vendor of a property will want as much as possible for it, as does the agent.  However, vendors should be careful about opinions over value, especially when everyone seems to have one – friends, relatives, taxi drivers and blokes in pubs!

The actual value of a property is of course the maximum figure that at least one able buyer would be prepared to pay. Frankly, the only person to know what this figure could be is an estate agent who is comprehensively familiar with the current market and involved with qualified buyers daily. It may be that potential imminent movement in the market can also be anticipated.

Certainly on-line value calculators are misleading and plain wrong in many cases as they simply cannot take account of the foibles of local buyer activity and competing properties available for sale, both of which change from week to week.  Needless to say, we’d be happy to provide you with some advice on the likely sale value of your home. This would be based on research coupled with an intuition that comes from local experience.  If you need advice contact us to arrange a valuation.

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