At the time of the sale of a good, one wonders what is its true value. For the conclusion of this Property Valuations transaction, the price that you find fair will not necessarily be so for the buyer and it is even possible that a notary or a real estate agent will not be of the same opinion as you .
Note that too high a price could be an obstacle to the success of this real estate transaction. If you lower the price, you risk losing money.
This is the point of a real estate appraisal . The latter is carried out by a professional, but some agencies also offer to do it online.
An Estimate Online Or By A Professional For Property Valuations :
To evaluate a Property Valuations, you can go through a professional who will come on site. He will come for a site visit : he will review, among other things, the quality of the construction, the condition of the Property Valuations and its energy efficiency.
This professional will also study the relevant documents related to the Property Valuations such as the cadastre and the land register.
Based on these elements, he will give an evaluation. When we talk about a professional for this estimate, we mean a notary. The latter registers and formalizes real estate transactions, which means that he has a good knowledge of the value of goods.
At the courts, there are also real estate experts who can take care of this estimate. This professional is independent and he is more objective in this work.
If the Property Valuations is a bit far from the city, for example, and you don’t want to pay the professional’s travel expenses, you can do a real estate appraisal on the realadvisor.ch website . A real estate agency can also offer an estimate of a property online.
Most of these agencies offer this service for free . This solution is also more interesting, because you can directly entrust the sale of your Property Valuations to this agency so that the sale is done quickly.
These agencies that offer an online estimation tool use the hedonic method . This is the method used by bankers to determine the value of Property Valuations under a mortgage.
For this method, we refer to a database that contains a large number of real estate sales made .
To define the value of the property, we look at several characteristics of the property in particular such as its living area or the number of rooms as well as characteristics related to the location.
This online valuation solution is not really suitable for properties with specific characteristics such as very old houses or even luxury apartments .