Providing Valuations Without Bias
It is widely known that the present day property market in the UK is very healthy. The level of demand for property exceeds the supply, which means sales are normally negotiated and settled in a quick and amicable manner. In order to achieve optimum efficiency, it is important to have a fair and accepted frame of reference in place within the market. Accurate and transparent property valuations will allow negotiations of sales to progress in a positive way. As leading providers of valuations and home buyer reports in Reading, we are trusted for honest and objective property valuations.
There are a number of instances where people may assume that the valuation can be left to the estate agents handling the sale, particularly those who are selling a property for the first time. This is an approach which one must follow with care and consideration. In terms of property, the person responsible for the sale cannot be regarded as completely objective. Allowing the estate agent to exclusively value a property and set the price can carry risks. On the one hand, they could set the value far higher than it should be as a means to impress the seller. By the same margin, they could also set a valuation far too low to ensure a faster sale.
An independent, fair and objective property valuation is essential for quick and successful sale negotiations. If both the buyer and the seller have confidence in the validity of a valuation and accept the professional report, then fair discussions can take place. Over the years, our property valuation reports have allowed for swift, professional and mutually beneficial negotiations and sales to take place.
Our property valuations are also used for review purposes by lenders. As we are trusted for fair and accurate valuation reports, financial institutions offering mortgages trust our findings when determining whether or not the purchaser is making a reasonable offer, and if the amount to be loaned will be sustained in terms of the long-term value of the property.
