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Many people often say that you cannot trust a real estate agent. Unfortunately like all industries, we have our fair share of cowboys, on the other hand there are more well educated and informed local real estate agents, then there are cowboys.
As a Licensed Real Estate Agent and a Registered Valuer, I am both qualified and informed to answer your questions.
This forum is available for any and all questions in relation to Real Estate and your property. I have worked in Real Estate as an agent and valuer for approximately 15 years and I do not know everything. If you have a question that I do not know, then I have the right connections to have them answered, in my reply I will state the source of the information.
To start things off, I would like to answer a commonly asked question.
Question - Why do valuers always value a property under what a real estate agent has told me it is worth?
Valuers are bound by the Valuers Registration Act 1992 and the Valuers Registration Regulations 2003, regulations and ethics from the Australian Property Institute, and the written instructions of the party that has ordered the valuation, (normally the bank, if a mortgage valuation). Generally valuers need to provide a minimum of three recent sales that have settled and can be confirmed. These sales must be within a six month period, within 10% of the assessed value, preferably a sale that is inferior, similar and superior, and have all sales within a reasonable radius of the subject property.
Real Estate agents are required to provide sales evidence that is relevant to the subject property, which can include sales under contract, unconditional sales and sales outside of a period that would not be permitted in a valuation.
A qualified local valuer and a qualified local real estate agent, should be within 5% of each other in there assessed value of your property. And yes, sometimes the valuer arrives at a higher figure then the real estate agent.
Looking forward to hearing from you all, there is a common saying, "No question is a stupid question". When buying, selling, financing or making a decision based on your equity in your property, you need to have as much information as you possibly can.
As a Licensed Real Estate Agent and a Registered Valuer, I am both qualified and informed to answer your questions.
This forum is available for any and all questions in relation to Real Estate and your property. I have worked in Real Estate as an agent and valuer for approximately 15 years and I do not know everything. If you have a question that I do not know, then I have the right connections to have them answered, in my reply I will state the source of the information.
To start things off, I would like to answer a commonly asked question.
Question - Why do valuers always value a property under what a real estate agent has told me it is worth?
Valuers are bound by the Valuers Registration Act 1992 and the Valuers Registration Regulations 2003, regulations and ethics from the Australian Property Institute, and the written instructions of the party that has ordered the valuation, (normally the bank, if a mortgage valuation). Generally valuers need to provide a minimum of three recent sales that have settled and can be confirmed. These sales must be within a six month period, within 10% of the assessed value, preferably a sale that is inferior, similar and superior, and have all sales within a reasonable radius of the subject property.
Real Estate agents are required to provide sales evidence that is relevant to the subject property, which can include sales under contract, unconditional sales and sales outside of a period that would not be permitted in a valuation.
A qualified local valuer and a qualified local real estate agent, should be within 5% of each other in there assessed value of your property. And yes, sometimes the valuer arrives at a higher figure then the real estate agent.
Looking forward to hearing from you all, there is a common saying, "No question is a stupid question". When buying, selling, financing or making a decision based on your equity in your property, you need to have as much information as you possibly can.
The opinions expressed here are those of the individual and not those of Homely.com.au.
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The opinions expressed here are those of the individual and not those of Homely.com.au.
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Hi Menique,
Tenants are generally listed with TICA...
http://www.tica.com.au/TICA_Public_Enq_Check_Phone.php#
If you follow the above link it will gives you the information you are required to provide when making an enquiry and then you will be able to find out whether or not your have been black listed.
Hope this helps!
The opinions expressed here are those of the individual and not those of Homely.com.au.
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The opinions expressed here are those of the individual and not those of Homely.com.au.
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