property valuation

8 Risk Factors Looked At In A Valuation

What do banks look for when they request a valuation? In a recent Real Estate Talk show Jonathan Millar from JDMA Valuers, mentioned that there are eight risk factors included in valuations to help banks understand their risks, so in this week’s show I asked Jonathan to explain these. Here’s a transcript of the interview: Jonathan:…

How valuers …value

There are reasons a valuer’s assessment and an agent’s estimate are different and they’re liability and independence. Valuers need to come up with a reasoned argument that supports their findings, and they have no vested interest in getting your listing or currying favour. In terms of liabilities, these experts can be sued and our increasingly…