The Process Of Property Valuation

When it comes to property valuation, there are a few key things that you, as the client, should be aware of in order to ensure that you get the best possible service. Here is a brief overview of the process:

1. The first step is to commission a valuation report from a registered valuer. This report will provide an independent and objective assessment of the value of your property.

2. Once the report is completed, the valuer will provide you with a copy of it, along with an explanation of the valuation methodology used.

3. You should then take some time to review the report and understand the valuation before making any decisions.

4. If you are happy with the valuation, you can then proceed to the next step, which is to instruct the valuer to market your property.

5. Once the marketing campaign is underway, the valuer will provide you with regular updates on progress and will also negotiate with potential buyers on your behalf.

6. Once a sale is agreed, the valuer will then prepare a final report for you, detailing the sale price and terms.

7. Finally, you will need to instruct a solicitor to complete the conveyancing process and transfer ownership of the property to the buyer.

Nicholas Murphy