When one decides to buy or sell real estate properties, however big or small it might be, there are quite a few important things that must be kept in mind. There are a number of loose ends that need to be tied up only after which would it be possible to transfer the ownership from one person to another. Identifying the right buyer or seller as the case may be is extremely important. The next important thing is to look for funding in case you happen to be a buyer. Last but not the least the entire process of ownership transfer from the seller to the buyer must be completed in due time and should be done professionally and without any errors. Towards this objective the role of property valuers is extremely important and crucial. The main objective of a valuers report is to let the buyers and sellers know the actual value of the property in question.
The fair market value certainly helps the buyers and sellers to make a decision whether to pursue with the transaction or drop it if it is not suitable. Further there are a number of other elements in a professional valuation report that could be useful to the buyers in particular. Buyers would like to buy a property that is well located. A good and professional valuation report talks about the quality of infrastructure that is available in the area. It also throws light about the quality of amenities and facilities that are available in the place where the property is located. There are also some legal aspects of the property that are checked by the valuer though this actually is the job of a property lawyer or attorney.
A good valuer helps his customers to undertake any type of valuation however complex and simple it might be. It could be Simple Property Valuations or complex backdated or retrospective valuations. There are also many occasions where valuers play an important role as far as compensation claims of customers are concerned. This usually happens when government takes over private properties for building infrastructure and socially relevant projects. Calculating the compensation would almost entirely depend on the valuation provided by valuers and hence they have a very important responsibility in such types of valuations. Hence, at the end of the day there is no denying the fact that valuers have a very important and significant role to play when it comes to ensuring smooth transfer of property ownership transfer.