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Valuation

Who can help value a property?

· Selling property ·

Text from 2016. Laws, rates and prices may have changed since then. Ask an agent

Who can help value a property?

If we plan to sell a flat or a house, sooner or later its value will have to be estimated. Not everyone, however, knows exactly what to be guided by during the valuation.

Some people tend to inflate the price of their property too much, while others do not know the realities and needlessly lower its value. So who will help with valuing the property, so that the seller can sell the flat quickly and at the same time gain rather than lose? When should you use the help of an estate agent, and when should you turn to a property valuer (rzeczoznawca majątkowy)?

The estate agent

One of the tasks of an estate agent is valuing the flat that we plan to sell. Because a good agent has an excellent grasp of current trends and tendencies on the market, they will have no trouble valuing our property accurately. It is worth stressing that the agent has access to all kinds of transaction databases and also has the knowledge and skills needed to apply valuation methods, which makes them more effective in this area.

Another advantage is that an estate agent is in constant contact with people who are planning to buy a flat or a house. Thanks to this, they are well aware of the needs of our target group, their requirements and their financial means. As you can see, a good agent takes all the details into account when valuing a property.

The property valuer

It must be remembered, however, that an agent does not prepare a property valuation that is meant to take the form of an official document, the so-called valuation report (operat szacunkowy). A valuation of a house connected with, for example, inheritance matters, a mortgage, taxes or a divorce – that is, generally speaking, one that must be submitted to a public authority – can only be made by a property valuer. This is laid down by law.

When preparing a valuation report, the valuer relies solely on a method that has been precisely formalised and approved by the state. Unlike an agent, however, the property valuer will very probably disregard the current situation on the property market. For this reason, when selling a house there is a real risk that a valuation prepared by a valuer will prove completely useless if we want to sell the property at a profit. In such a case it is better to use the services of an agent.

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