As you are probably already aware, in recent years the Australian property market has completely transformed. Because of the recent boom in the residential property market, you may have considered learning the current market value of your home but to complete that you need to have a team of expert Property Valuers on your side. Today we are going to be breaking down how to choose the best Property Valuers for your home to ensure you’re making the best financial decisions for you.
What Are Property Valuers?
Before we start discussing the best tips for choosing the right Property Valuers for your home, we thought we better explain what Property Valuers are. For almost any property transaction in Australia, including residential, you are required to have a valuation completed. When you hire Property Valuers, you are soliciting a professional, unbiased source of truth of determining how much a residential property is actually worth.
Property Valuers follow industry approved methodology, hold necessary certifications, and are protected with indemnity insurance. Property Valuers can be utilised by a range of people providing expert advice to property owners, lenders, courts and insurers just to name a few.
Now that we understand what Property Valuers are and how they can help you, here are a few tips for choosing the best ones for your home.
1. Complete Your Own Research
Once it’s time you’ve decided you require Property Valuers, it’s important that you complete adequate research to find the perfect fit for you. Don’t think that you have to choose your Valuers based on a popular company name or the from the first advertisement you see on your phone. The first step is looking for local Property Valuers in your area and going through each one of their websites to get a feel for their brand and their expertise.
After you’ve reviewed every website and you’ve minimised your list to a final few, it’s important to check out other sources, such as social media pages, for comments from other customers.
2. Customer Reviews and Testimonials
Another way to find Property Valuers that best align with what you’re looking for is by searching the internet for reviews and testimonials. Some businesses may have reviews on your website but in some cases, these aren’t the most reliable source. Instead of just relying on website reviews you can see reviews on Google My Business and social media platforms such as Facebook. Because of the climate of the current Australian property market, it’s most likely that your friends or family have recently sold their own home, which means you can reach out to them to see how their experience was and if they have any recommendations.
3. Learn the History of a Company
Later in the process, you may find yourself set on one company or have it down to two. It’s important to remember that if you want to know more than what a business shares on its website, give them a call! Just because you phone them doesn’t mean you have to commit to enlisting them as your Property Valuers, but it does mean that you can get more in-depth information about their company history and ask important questions that matter to you. Most reliable Property Valuers should not have an issue answering any of your questions. Some questions you may consider asking are:
- What type of property do you have experience in valuing?
- How long have you been in business?
- Do you provide valuation quotes?
4. Compare Costs
Just like any industry, Property Valuers will come at different prices depending on what you’re after. Before committing to a company make sure you understand the cost of their service. Ask about any potential fees that may be involved with the valuation so that you have a thorough understanding of whether the quoted fee is inclusive of everything or whether that excludes particular costs. By completing this bit of research before committing to Property Valuers, you won’t be taken back by any charges that you incur which may hinder your overall experience.
It’s Time to Choose…
Now that you have our top tips for how to find the perfect Property Valuers for you, it’s time to get looking. Thankfully you’ve already found one of the best candidates for your Property Valuers, our very own team here at Nicisa Valuers. We have built a national reputation for the quality of our property valuations, no matter whether they’re for mortgage security, litigation, compensation, acquisition or trust reporting. Get in contact with our team to learn more about how we can assist you with your valuation.
Not after a residential valuation? Check out our other services online by clicking here.