FAQ2020-12-10T10:49:28+00:00

Frequently Asked Questions

Why are property valuations required?2020-12-10T12:14:30+00:00

There are many purposes for which property valuations are required; in fact there is a whole list which can be viewed under our Services page.

I need my property to be valued, what is the process and what do I need to do?2020-12-11T06:32:34+00:00

Simply contact us, sit back and we will manage the entire valuation process and eliminate any uncertainty you may have.

Firstly, we will request certain information from you in order to prepare a proposal which will disclose our quoted fee, time frame and valuation procedure to be followed. Should you accept our proposal, we will arrange a date to inspect the property. After the inspection has been completed, we conduct the necessary market research and finalise the valuation report in accordance with the date agreed to in our proposal. We then send the signed report to you for you to peruse and we will answer any queries you may have regarding the valuation.

Should you require a free quote, please contact us via one of the channels on the “Contact Us”

  • Address and/or legal Erf description of the property
  • Type of property i.e. residential, office block, retail, industrial, vacant land, etc.
  • Purpose of the valuation?
  • When would you require the valuation to be completed by?

 

 

How long will it take to complete a valuation of a property?2020-12-10T11:48:32+00:00

Generally, a single residential valuation takes 3 to 5 working days to complete and a single commercial property valuation may take from 5 to 10 working days, although there are several factors which need to be taken into account including: availability of information, when we are able to arrange a date of inspection of the property, the number of properties to be valued and whether travelling to obscure areas is required.

How much does a property valuation cost?2020-12-10T11:58:47+00:00

Please see Our Fees page

What is included in your valuation report?2020-12-10T11:50:22+00:00

We provide comprehensive (fully motivated) valuation reports, which are approximately 20 pages in length, where the value of the property is substantiated with a full motivation thereof and includes relevant economic market conditions.

Our reports also include the following: Photographs, Title Deed information, Surveyor General office information, zoning information, municipal information, description of improvements and extent thereof, location and surrounding area, lease details, macro and micro economic market conditions and method of valuation.

How do you value a residential property?2020-12-10T12:04:54+00:00

Generally, residential property valuations are based on the comparable sales method. You can read more detail regarding this on the Residential Property Valuations

How do you go about valuing a commercial property?2020-12-10T12:06:21+00:00

Commercial properties generate income and therefore generally require the utilisation of a detaileddiscounted cash flow analysis or the first years income capitalisation method (capitalisation of income approach) when performing a valuation. These methods are described in more detail on the Commercial Property Valuations Page

Where is your office based?2020-12-10T11:53:23+00:00

We have office locations in Gauteng, Western Cape, The Garden Route & KwaZulu-Natal.

Are you registered valuers and is there a body which governs the valuation profession?2018-04-11T11:31:01+00:00
  • In South Africa, the Property Valuers Profession Act, No. 47 of 2000 stipulates that all property valuations be performed by a Valuer registered with the South African Council for the Property Valuers Profession(“SACPVP”), which our experienced and qualified personnel are.
  • In addition, our staff are registered with the South African Institute of Valuers (“SAIV”).
  • We adhere to professional regulations, code of conduct of the Property Valuers Profession and compliance with guidelines established by the International Valuations Standards Committee(“IVSC”).
What guarantee do I have that the valuation you provide will be accurate and what recourse do I have should I believe your valuation to be doubtful?2020-12-10T12:55:12+00:00

What makes our valuation service reliable and accurate?

  • We offer a hands on approach ensuring our clients’ confidentiality is guaranteed and provide individual attention and professional service
  • Unquestionable service quality and attention to detail
  • Impressive professional track record through the provision of accurate information and impartial valuation reports
  • We conduct extensive market research and endeavour to acquire an in-depth understanding of whichever real estate assets our clients are involved in
  • Professional, reliable and prompt service
  • We Keep abreast of developments in the professional valuation environment, the property industry, valuation methodologies, technology, legislation and any other trends influencing property buyers and sellers.
  • We provide comprehensive (fully motivated) valuation reports, where the value of the property is substantiated with a full motivation thereof and includes relevant economic conditions.
  • Our staff are registered with the South African Institute of Valuers (“SAIV”).
  • We adhere to professional regulations, code of conduct of the Property Valuers Profession and compliance with guidelines established by the International Valuations Standards Committee (“IVSC”).

What recourse do you have, should you have doubts regarding our valuation?

  • In South Africa, the Property Valuers Profession Act, No. 47 of 2000 stipulates that all property valuations be performed by a Valuer registered with the South African Council for the Property Valuers Profession (“SACPVP”), which our experienced and qualified personnel are.
  • Therefore you may lodge a complaint by visiting their website: www.sacpvp.co.za if you believe that we have not taken due care or acted professionally, after discussing any queries or issues you may have regarding the valuation, with us.
  • We have Professional Indemnity Insurance Cover underwritten by RisQ Services Africa (Pty) Ltd.
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