Property advisory and what does this terminology mean exactly, I can hear you say. Simply, advisory is best advice, based not only on personal opinion, but importantly, professional, highly qualified, trusted advice.
For example, it’s simply not someone telling to buy a property just for the sake of a commission. As Property Valuation Advisors, our advice is based purely and solely on current market determinants. As the leading Property Valuation Advisor’s in Melbourne, our advice regardless of market segment, may it be Residential or Commercial, is based upon some very important factors. These are not exhaustive, however include – : ‘Live date’ capture of transactions pertinent and current to the property valuation advice given, thereafter one must conduct due diligence and market research as to comparability of the transaction and importantly factors of comparability inclusive of property details, how the sale or lease transaction was undertaken, and then the advice should include the interpretation of the resultant findings, compiled with expert interpretation and finite conclusions.
As a property valuation advisors, you can rest assure that you are not only obtaining ‘best’ advice, but you know that the recommendation is substantially supported by principles of value and is regarded to have substance as to recommendation.
FVG as property advisors compiles property services of representation to our advice. That is, not only do we recommend based on analytical and accepted methodologies, but we also act on behalf of the instructing party to conclude the transaction.
An example of why we are regarded as on of the leading Property Valuation Advisors in Melbourne may be given through a simple example of an intending purchaser of a Self Managed Superannuation Fund (SMSF). This example assumes that the property to be purchased via a buyer’s advocate has been targeted. As Property Valuation Advisor’s, we firstly question the narratives of the acquisition through general market research, to establish that the client’s needs, wants and property requirements adhere to the client brief. Thereafter, as Property Valuation Advisor’s, we will undertake either a Certified Property Valuation or Property advisor report arriving at a value range or point value. Thereafter, make necessary recommendations that will alleviate any doubt for the purchaser. This may include – :
- Market research
- Demand/Supply levels
- Rental Projections
- Historic values for market segment and locality
- General growth prospects
- Due diligence
- Property information report
- Legal considerations
- Short, medium and long term prospects
- Negotiation recommendations
- Conclusion of advice
As Property Valuation Advisors, our recommendations have legal considerations, we are not real estate agents selling product, we are advisors providing best advisory service.