What is a Pre-Sale Appraisal?
Prior to placing your property on the market, it can be advantageous to obtain a pre-sale appraisal from a RICS Registered Valuer.
As a RICS-accredited surveyor, and unlike an estate agent’s appraisal, my assessment is able to take proper account of your property’s construction and condition. This typically results in a more accurate valuation and it can also highlight issues that are likely to arise with any future buyer’s survey. This gives you the option to address such issues prior to marketing the property or, alternatively, to price the property accordingly and prevent later stage renegotiations or sale fall-throughs.
The Pre-Sale Appraisal incorporates a RICS Red Book Valuation. This is a ‘gold standard’ formal, evidence-based valuation.
Pricing is dependent on the age, size, condition and complexity of the property but costs typically range between £399 and £899 (no VAT to pay). Costs can be higher for exceptionally complex or unusual properties. Pre-Sale Appraisal reports are typically delivered 3 working days after the inspection.
Please Contact Me for a fast, free, no-obligation Pre-Sale Appraisal quotation.
Pre-Sale Appraisal Process
The Pre-Sale Appraisal includes (i) desktop research into the property’s history; (ii) a physical inspection of the property to note its key features; (iii) an assessment of condition and defects that affect value; (iv) measurement of the property; (v) an assesment of local market conditions; and (vi) analysis of recent sales of comparable properties, together with other relevant information, in order to arrive at a valuation.
A Pre-Sale Appraisal from a RICS Registered Valuer can be an extremely helpful tool in deciding how to market your property and it can also help you to decide which estate agent to appoint, especially where there is significant variation in agent’s valuations.
A Pre-Sale Appraisal is also a vital tool for clients who wish to self-market their property.
