Home valuation.net.au

Consumer guide to home valuations and house appraisals in Australia

What is a real estate agent home appraisal. A real estate home appraisal provided by your local real estate agent as already described is generally a free service. Real estate agents will provide this service with the hope that they may secure your property as a listing with their office. Real estate agents are constantly looking for new properties to sell as they can not stay in business without new properties to sell.

If you ring a real estate agency suggesting you want to get a valuation because you are thinking of selling most real estate agents will go out of their way to meet with you and try and impress you.

This is of course because they hope to be able to list your property for sale.

If you are selling you want the real estate agent to provide you with an accurate estimate on the possible sale price of your property

This is very important point as the information you will receive will be a strong guide to what price you may set as your asking price when you put your property for sale

This being the case their are a couple of issues that can become problems if you are not aware of them.

Any real estate agent when you invite around to give you an appraisal should be enthusiastic.

Australia's average real estate agent fee in 2008 is averaging above $10,000 if the agent is not enthusiastic i would be calling another agent ( if as a salesperson you don't get enthusiastic about earning potentially $10,000 or more for your business you really need to find another profession ).

Now whether it is because the agents are competent or not well lets just give them the benefit of the doubt and just say they are some times too enthusiastic on the price expectations, because some times the value estimates that are given by real estate salespeople may be higher than what will actually be achieved.

We are compiling records of real estate agents right around Australia who consumers consider are the good agents.

If you are considering selling we believe these agents will provide you with accurate information and do a good job for you to help you get sold, please use our free agent search facility at the top right hand side of the page to find the best real estate agent to deal with in your area.

This over enthusiasm on pricing by real estate agents has resulted in some consumers considering it necessary to also employing real estate valuers to supply a written valuation on their properties before going to the market, for me this is still a debate able point.

It is important to remember here if you are getting a registered valuer you going to be paying for this service and if you going on the market at the end of the day its market value will determined by what a buyer will pay.

I personally believe you are better off getting the pricing advice off a good, trustworthy and active real estate agent as they are on the cutting edge so to speak, they know what comparable properties like yours are selling for week after week.

A registered valuer will be getting their information from sales records that will probably be approximately 3 months old, a good real estate agent will have that information plus he or she will be able to to incorporate what their potential buyers are telling them now, that is their feel of the market is more current.

A good real estate agent will tell you how their open homes went last weekend, they will be able to give you stories about buyers or potential purchasers they are dealing with now, this information is very relevant if you are looking to sell.

Summary

It is prudent to interview and ask for home appraisals from at least two if not three real estate agents before signing paperwork to put you property on the market.

If you are selling how do you choose the right real estate agent to handle the sale of your property We can help you to choose the right agent to handle the sale of your property. Also we will show you how you can save thousands of dollars off the real estate agents commission using our new consumer refund system more >>