Buying and selling advice valuations
What is an advisory assessment?
In an advisory valuation, the market value for which a property can be sold or bought within a reasonable period of time is calculated..
The valuation for advice is just as accurate as the mortgage appraisal, but more economical as it is not subject to the approvals required by the Bank of Spain to grant mortgage loans
When is it interesting to request an assessment as advice??
The purchase or sale of a property has great economic importance and a well-informed buyer or seller can obtain significant benefits in the transaction over another who is not sufficiently informed..
Let's consider the case of a home with a value of about 300.000 €, good information could easily mean selling it for a 5-10% further ( between 15.000 – 30.000 € difference), that comparing it with the cost of a valuation of this type of property (of the order of 265 €) the potential benefit is 50-100 times greater, which represents a more than interesting investment
