Real estate appraisal: how is it carried out and why is it important?

 Real estate appraisal is essential when negotiating a property. This process defines what the real price of a property is, relying on several factors, both internal and external.

 Therefore, it is already easy to notice that the evaluation must be carried out with high precision. Therefore, it is necessary to have professionals qualified in the Roatan Real Estate sector. Now, understand more about this feature for your property sale and other procedures.

What is a real estate appraisal?

 The property appraisal service is useful in determining the market value of a property. That is, you can know how much a land, house or apartment is really worth, as well as commercial, rural, industrial and other places .

 Real estate appraisal requires great seriousness and skill to define the correct value of the property. Therefore, it is essential to have a trained professional who understands the entire procedure to offer a correct analysis.

 At this point, choose a good real estate appraiser, with technical knowledge and specific skills to price your property. This is the only way to guarantee an assertive and reliable assessment. 

 The process brings a documentary, historical and surrounding survey to see how much the property has appreciated over time. That way, when your property goes up for sale, there's no risk of charging less than it's currently worth.

 Property report

 The property appraisal report is issued by professionals with higher education. For this, the specialist must be trained in the areas of architecture, engineering and agronomy.

 However, the realtor, with the specialist certification, can also do a verbal real estate appraisal.

 Although architects, engineers or agronomists can carry out the assessment, it is essential that the broker is also part of the process . After all, he is in constant contact with the real estate market and can offer a broader view.

 In this, just making a price comparison is not enough to evaluate a property. It is essential to calculate the value of the entire structure, hydraulics, wiring, surroundings and other elements that add value to the property.

 Why evaluate your property with a professional?

 As you can see, giving a final price for your property involves several factors. The real estate appraisal brings a technical determination of how much the property is worth . Thus, it can be used for various purposes, whether for the judicial scope or not.

 Among the most common situations are:

 ·         rent;

·         buy and sell;

·         collection of taxes;

·         inventories;

·         real estate dynamics studies;

·         dissolution of society;

·         insurance;

·         mortgages;

·         Among others.

 So, with these reasons to do the property valuation, you can avoid future disagreements . In general, this procedure brings many benefits when buying a property , selling or renting. Look!

 Prevents you from having to go to court

 It's always more affordable to make a deal that doesn't have to go to court. Therefore, the market evaluation that is performed by a company without direct involvement in the negotiation is an instrument to resolve conflicts outside the judicial sphere.

 Reconcile price in party disputes

 Settlement in business operations or family disputes may come to an end, with the value determined by an expert.

 That way, no one thinks they are being harmed by personal interests, as the broker will be impartial.

 Brings the technical opinion on the value in the real estate appraisal

 It is also a sure way to know the right value of the property when you are going to rent or sell the property.

 With real estate appraisal, there is no need to debate whether the price is out of expectation, as the specialist has pointed out the correct numbers.

 Thinking about these advantages, it is already possible to see why doing property valuation is so important. Now, understand what the professional evaluates in your property when hitting the hammer on how much it is worth.

 Main criteria for real estate appraisal

 Evaluating a property requires a good methodology and objectivity, so that personal aspects do not interfere with the consideration. There are several methods, but there are certain criteria that are always evaluated.

 Soon, the realtor begins the analysis by understanding: the footage, the painting and the hydraulic and electrical installations of the house, apartment or business location . Another factor for the appreciation is if there is the presence of technologies of sustainable architecture , such as solar panels for energy.

 Thus, the infrastructure encompasses both the physical part of the property and the paving of the site. It also involves the presence of leisure and entertainment spaces for residents, such as: 

 ·         Grill;

·         pool;

·         blocks;

·         Academy;

·         space for children;

·         Party room etc.

 Still in this sense, it also comes into the assessment if the property is close to squares and parks , or clubs . Among the factors analyzed is whether the neighborhood is suitable for physical activities such as running and cycling.

 Safety itself is of utmost importance, bringing more market value to the property. So, having a concierge, security system and cameras are positive points.

 Other than that, being close to shops, malls, schools, bus stops and having easy transportation also counts in pricing.

 How much does it cost and who can do a real estate appraisal of a property?

 The question about how much a property costs is very common, but it is also easy to solve. The pricing of the property can be consulted in the table of each Regional Council of Realtors. 

 There is a variation in each state, but it is common for it to be around 1% of the property value. This goes for the written assessment.

 When it comes to a verbal opinion, the price is close to an annuity of the Regional Council of Realtors. The property can be evaluated by the broker or by specialists in architecture, engineering and agronomy.

 This document brings information and data that explain the determination of the value given by the professional.

 How is the process of selling a property with Bridge?

 When making your property evaluation, you can count on Bridge . Having an experienced and specialized company in the city of your property avoids wasting time with unnecessary expenses and orders.

 The entire process is clear, simple and practical to help you sell a property, or for any other reason that you need to have the property evaluated.

 Therefore, having the support of professionals who understand the field is a great way to speed up your negotiation.

 Bridge's differentials in the sale of real estate in Honduras

 Bridge helps you increase the chances of selling your property, bringing the best experts in the market. Your client can do the entire process without bureaucracy and 100% online. With a busy day to day, this is a great differentiator for your sale.

 The work is done with the main developers and builders, bringing the high standard as a business brand. So, don't waste time and count on those who understand about buying and houses for sale in Roatan Honduras.

 Now that you know what real estate appraisal is, you won't be surprised if you need this document. Therefore, if you notice that you need a correct analysis of the value of your property, request this service as soon as possible.