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Is a valuation different from a real estate agent's appraisal?

An independent valuation and a real estate agent's appraisal are documents that are created for different purposes. An agent uses his expert local market knowledge to arrive at a figure at which a property should be placed on the market for selling.

A valuation is carried out by a qualified property valuer for a variety of clients including banks, solicitors and individual property owners for a wide range of purposes inlcuding mortgage and refinancing, various accounting purposes, family law matters etc.

If you need a valuation for a residential or commercial property please submit an enquiry or call WBP today on 1300 302 581 for a quote. And for more information visit our property valuations page.