Frequently Asked Questions

 

For your information, some common queries…

 

What’s the difference between a Real Estate Agent and a Certified Practising Valuer?
Unlike Real Estate Agents, CPVs provide legally binding valuation assessments for a wide variety of clients.  CPVs are tertiary educated and provide independent valuation assessments based on proven valuation methodologies.

 

Why do Real Estate Agents and Valuers often provide different ‘values’?
A CPV Valuation provides an assessed value at a ‘moment in time’ based on relevant, recent sales evidence and general market conditions. A Real Estate Agent has more flexibility to ‘forecast’ where they believe the property may sell in the future.

 

How much does a Valuation cost?
GPV is happy to provide individual quotations for Private Valuation work. There is no set scale of fees as every Valuation varies depending on its complexity and individual circumstances. Please complete the fields on our Enquiries page to receive further information or a personalised quote for your Valuation needs.

 

What will my Valuation report include?
GPV provides a comprehensive Valuation in accordance with API Practice Standard Requirements. Your comprehensive Valuation report comprises a Title search, market commentary, detailed analysis of recent sales evidence, and a formal Statement of Valuation.

 

How long will it take to get my Valuation report?
GPV endeavours to have your final report available for delivery within five business days of the inspection of the property.  Should there be a delay in the finalisation of your report for any reason, GPV will be in touch to keep you updated on its progress.

 

Should you have any further queries, please request information on our Enquiries page.