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Property appraisal and valuation enquiries — Estate agent — Professionals
Accept the defined appraisal or valuation task within the appropriate professional scope. Distinguish agency marketing advice from formal or lender-directed work and clarify the report reliance before starting.
Service scope
Commissioning an appropriate property-value assessment for an identified purpose, distinguishing an agent's marketing appraisal from a formal valuation or a lender's required assessment. The report, intended users and provider qualifications are agreed; a value assessment is not a building-condition survey.
What is normally included
- Establish the purpose and intended users of the assessment
- Inspect or analyse the property within the agreed scope
- Deliver the specified appraisal or valuation output
What is not included
- No promise an agency appraisal satisfies a lender
- No structural-condition guarantee
- Asking price treated as a formal valuation
- Structural condition guaranteed by a valuation
- Predetermined property value
Qualification checks
- Confirm the purpose and intended recipient
- Confirm the marketing appraisal or formal report
- Confirm the property information and required professional role
- Check that the provider and report format meet the identified recipient's stated requirements
- Confirm whether the instruction is a marketing appraisal, formal valuation or another defined output
Quote guidance
Price the required inspection, analysis and report, with property complexity and recipient requirements stated. Separate a condition survey or other specialist investigations.
Lead risks
- The wrong report type may not satisfy the intended recipient
- A value assessment does not establish structural condition
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