How do I?

Without a hint of irony, "zahire khan" astounded uk.finance on 14 Feb 2004 by announcing:

Employ the services of a surveyor?

Surely an estate agent will do a valuation if pay their fee for this?

Phil

Bitstring , from the wonderful person Phil said

I've had them do valuations for free before now. Just don't sign agency agreements.

In message , GSV Three Minds in a Can writes

That isnt a valuation though, its the price the think is high enough for you to like enough for you to ask them to sell it for you. Most estate agency staff are qualified in any way.

I've just had 4 different estate agents round over the past 2 days as I'm thinking of selling. Their valuations are way out between them all - an overall difference of about 40k between the highest and lowest.

I'm completely confused by it. I feel the highests one are probably over the top but the lowest out the lowest one is possible to achieve a quick sale?

Having looked theu the locals for similar houses in my area for sale - even they seem to vary wildly.

I'd like to get it about right and achieve a good price but not at the expense of loads of time wasters.

dan

See how much the houses in your street sell for at this site :-

H...

In message , henry mcivor writes

Scotland only??? And as out of date as the Land Registry.

properties being registered now, are the result of completions a few weeks ago, which were the results of sales agreed a few months ago.

Asking prices are trying to set a price at which a property will sell at some time in the near future. If the market is rising, it is down to an agents feeling about the market, as to what price he/she suggests, (as well as overcooking it to get the business!!!).

Bitstring , from the wonderful person john boyle said

I think you missed a 'not' in there someplace, but yep, you need to ensure you get a qualified surveyor type. And then you need to apply some judgement. What =anything= is worth is a matter of opinion, in the absence of a buyer waving a cheque at you (which still only sets the lower bound).

You are very brave to decide to buy the house without knowing the price.

It is fairly straightforward to get a property valued by different surveyors but what is not so easy is deciding what to do when the valuations differ. It is not unusual to have a difference of 20% between the valuation from two "experts". You will of course want the lower valuation and your neighbour will want the higher one.

In message , GSV Three Minds in a Can writes

Your right! Sorry, no prizes for guessing where it should have been!

There is no such thing as a true value. If you look at other houses on the market you can probably get a good feel for what the asking price would be, but that's not to say that it would actually go for that. Maybe you can pretend that it's on the market for that value and then start negotiating :)

A common problem, with a neat solution here -

Daytona

Further to earlier answers re this, ask yourself one simple question:

"How much are you prepared to pay for it?!"

That is the value of his house.

IMO wait a few months - you may well find house valuations dropping.

Marcus

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