Before making any major purchase, you will probably inquire in detail about market prices. Potential property buyers, who are often faced with the biggest investment of their lives, spend a lot of time and effort informing themselves about the market prices of their desired property. It is therefore crucial for the success of your sales process that the value of your property is accurately determined. Only with a fair and seriously calculated sales price will you be able to directly address customers willing to buy your property. As an experienced real estate agent, we have the necessary professional expertise to put the valuation of your property on a sound basis.
Numerous standardised and free property valuation portals are available on the Internet. But how is it assessed? And why do the results sometimes differ significantly from provider to provider? We do not know exactly which algorithms are running in the background, but we can clearly answer the five most important questions about our property valuation:
We work with the comparative value method, which has proved very successful in our many years of work as an estate agent. This means: we compare your property with a sufficiently large number of recently sold houses or flats. However, as properties are never absolutely equal, discounts or surcharges are applied that include, among other things, the following points:
The purpose of a property valuation is to determine the current market value of a property. This is the monetary value at which your property is currently on the market, taking supply and demand into account. This market value is also the essential basis for determining the offer price with which to start the sales process. From our many years of experience, we know that it is advisable to estimate a sales price that is around 5-8% higher - in order to have some leeway.
Nothing, or worse: a lot. If you estimate the selling price to be too high, you will scare away potentially attractive buyers for your house. Conversely, high selling prices magically attract another group: visiting buyers who have no serious intention of actually buying your house. The longer your offer remains on the market, the more your property will lose value over time.
At best you will lose money . More often, however, those interested in real estate become suspicious, which can damage the entire sales process. If the sales price is too low, well-informed potential buyers will suspect that there is something wrong with your property.
Please contact us at any time by phone or e-mail. We will answer all questions that may arise in connection with real estate valuation.
With a well-founded real estate valuation you lay the foundation for a quick and successful sale of your property. As a reputable and long-established broker we support you from the very beginning with our in-depth specialist knowledge and constant transparency in our work. We take the time to ensure a trusting relationship so that you always feel you are in good hands.
The obligation and scope of property valuation is to determine the market value of a property. This is the monetary value for which your property is currently on the market - taking supply and demand into account. This market value is also the essential basis for determining the offer price with which the sales process is initiated. Thanks to our many years in the business, we know that it pays to estimate the sales price five to eight per cent higher - to have a certain margin for negotiation.
You can contact us right now by phone or e-mail. We will answer any questions that may arise in connection with a property valuation.