If you want to sell your property, you need some guidance. After all, you want to sell your condominium as quickly as possible without selling it below its value. Finding the right balance is not always easy. That’s why you have the property value determined. But who carries out the property valuation and what costs are involved?
Surveyor or expert - what is the difference in real estate valuation?
The term “expert” is used in everyday life primarily in direct reference to authorities and courts. The real estate expert is commissioned to draw up a valuation report based on his or her specialist knowledge, in which the value and condition of a property is appropriately assessed. He is in a position to carry out a qualified real estate valuation. As the profession is not protected by law, experts usually identify themselves through recognized certifications.
An appraiser basically performs the same tasks to determine the value of a property. The two terms can be used as synonyms. If it comes to a court case and a professional assessment is required, then the term expert is used.
Who estimates the real estate value
Many people ask themselves who is allowed to carry out a property valuation. There are no legal regulations that exclude certain people from being authorized to carry out a property valuation. If you want to sell your condominium, you can also value the property yourself. However, you need to ask yourself how professional such a valuation will be. After all, a trained valuer does a lot more than just offset the purchase price of the property at the time against the general increase in value and the cost of renovations. A professional valuer is much better at estimating how much a property is actually worth.
In Berlin, you can contact your trusted real estate agent, an appraiser or a certified expert if you would like to have your condominium or other property valued. As qualified real estate agents, we at Vandenberg Berlin take care of the preparation of professional real estate valuations.
What are the costs of a real estate valuation in Berlin?
The exact value depends on the prices of the selected valuer. An expert, for example, charges a different budget than a real estate agent. As a rule, it costs between 1,500 and 2,000 euros to determine the value of a condominium in Berlin. A qualified real estate appraisal of a single-family home costs around 1,800 euros. A brief market value appraisal costs around 700 to 1,000 euros less.
As a property owner, you benefit from a very special service with us, because we not only value your property professionally and quickly, but also free of charge. Simply get in touch with us – we look forward to providing you with a competent real estate valuation.
