The market has turned, all the pundits are selling the virtues of a bull market in 2013, and the REIV is complimenting this fact by providing their weekly results that suggest both an increase in the number of properties sold coupled with sales rates in the order of 70%.
If you want to highlight this bull market further, you would be saying that we have the lowest interest rates in over 40 years, a correlation as to the question of ‘cost to rent’ versus ‘cost to buy’, a preceding decrease in levels of value in 2012 of some 0-20% across the board, and maybe more in some localities and market segments.
Yes, the stars, moon and planets are all aligned, but are they? I would say that most private investors are still sitting on their hands.
Undoubtedly, the number one question that is asked of me is why do you still undertake property valuations and why has your property valuation service maintained its momentum in this environment when there is so much information for consumers on the Internet?
The simple and logical answer is that our property valuation services have been offered to the market place since 1996, when the company commenced operations.
Our property valuation services primarily were offered to a traditional client base of major and secondary institutional clients, inclusive of ANZ Bank, Westpac, Bank West, St. George Bank, Bank of Melbourne, Macquarie Bank, Bendigo Bank and many, many more, as well as the likes of Aussie Home Loans, RAMS, ING, etc.
Real estate industry services include real estate property valuations, purchasing and / or selling of a property (by auction or private treaty), renting or managing real estate property. The property may be residential, commercial, industrial, retail, etc. There are certain factors that need to be considered during any procedure regarding the property.
Dealing with a property matter is many times complicated and confusing, since people do not know much of the in and outs of the industry, and hardly trust any agency for the property work get done. Here comes the need for a reliable and experienced real estate property service provider and FVG Property could be the best answer you get!
Property assessment or valuation is nothing but determining the value of a property in economic terms. It is also popularly known as real estate appraisal.
Whether the concerned property is residential, commercial, industrial or retail, it is often a confusion that, ‘Am I paying right price for the right property? Is it actually worth it?’, etc. Well, property valuers are the expert professionals in the real estate industry and know all ins and outs of the property world.
However, even if you are not an expert, here are a few simple and quick tips for you to know better about property valuations and ensure that you are on right track while going about any property valuation.
Real estate property is probably the most expensive thing that you ever buy and sometimes, the hardest decision too. Purchasing real estate may be a scary process for many, especially when doing it for the first time. FVG Property is a top real estate property valuations and consulting firm in Melbourne. We provide some of the best buyer advocates Melbourne to assist you throughout the process of buying a property. Help is at hand for a quicker, easier, and successful path to a profitable real estate purchase.