FixThatNow

Property appraisal and valuation enquiries — Estate agent

Explain why you need a property-value assessment and who will rely on it. Distinguish an agent marketing appraisal from a formal valuation or lender-specified assessment. Supply property information and the requested report format before choosing the provider.

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

Typical tasks

  • 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
  • Record the assumptions and inspection limitations relevant to the requested assessment
  • Confirm the intended delivery format and permitted reliance on the resulting report

What to include in your brief

  • Purpose and intended recipient
  • Marketing appraisal or formal report
  • Property information and required professional role
  • Property type, location and access for any agreed inspection
  • Requested assessment date and available plans or tenure information

Choosing the right professional

Choose a provider and report appropriate to the recipient purpose. Confirm the scope and professional qualifications; a price appraisal should not be treated as a building-condition survey.

Important considerations

  • The wrong report type may not satisfy the intended recipient
  • A value assessment does not establish structural condition

Related services

Explore FixThatNow

Describe the work, choose the service and location, and receive relevant responses.

Post a job