Property News & Views

Valuation versus Value

22nd Feb 2018

When putting your house on the market it is tempting to choose the estate agent who suggests the highest price particularly as agents will usually value your property free of charge.

At Peter Scott Estate Agents we advise caution. Some agency valuers are paid a bonus for hitting monthly listing targets, irrespective of the accuracy of the valuation. So, while you may be flattered by the agent who tells you your house is worth a fortune, you may regret falling into the price trap.

It is often untrained and inexperienced agents who quote the highest value, so when choosing an agent, make sure they can back up their recommendations with a knowledge of the local market place and evidence of recent sales of similar properties.

Examine the marketing plan:

·        Which internet sites will your property feature on

·        How will the agent present your property?

·        What type of marketing material will be used

·        What standard of photography will you receive

Look beyond the valuation, because in estate agency a high valuation does not always deliver a good level of service.

For a realistic appraisal of your property you can rely on contact Peter Scott Estate Agents on 01494 870 633

Photo by Jamie Edwards.


You can contact us on 01494 870 633
to book a valuation.