Online estate agent I Am The Agent is offering even more help to private landlords and vendors with the publication of two dedicated valuation guides. Tackling the notoriously tricky waters of house price valuations and leasing valuations, I Am The Agent has collated all of its market expertise into a pair of dedicated documents. They are designed to make the process of renting a house privately and selling a property online easier by ensuring maximum rental yields and realistic asking prices are reached.
The valuation assistance provides both the owner and landlord with essential insight into how to correctly value a property. The steps follow proven estate and letting agent methods such as use of the Competitive Market Analysis (CMA) framework.
The valuation for private property sales guide helps vendors to reach a realistic value for their property. It sets out popular misconceptions about valuations such as the fact that money spent on improvements to the property should not be factored in, as well as the features which do make a property more valuable. By spelling out what to consider and what to set to one site, owners are able to reach an informed, realistic and detailed valuation.
The property sale valuation guide also includes hints and tips such as using mousePrice.co.uk, nethouseprices.com, Rightmove, Zoopla and Prime Location as part of the valuation process. This step helps ascertain how much houses in the same street or surrounding area have sold for recently – providing insight into the strength of the market and what is and isn’t likely to attract interest from buyers.
With property market trends changing at a rate of knots over the past 24 months, this kind of research is critical to correct pricing and can make sellers aware of micro-trends within their area – a 0.5% increase in London house prices in March represented the biggest upward surge in the capital since April 2010 for example, something a vendor monitoring sale prices as part of the valuation process would be able to factor in to their own asking price.
Similarly, the valuation for private rented property helps landlords to determine a suitable rental price for their house or flat, making the calculation of potential rental yields that much easier. Particularly helpful for landlords using an online letting agency, the guide is comprehensive and based on the standard CMA process. Designed to be completed in around 30 minutes, private landlords working through the valuation guide are also encouraged to carry out market research as part of the valuation, allowing for an informed and realistic figure. As with sellers, private landlords are walked through the process of using resources such as Prime Location and Right Move to determine similar rental prices in the area before setting a price for their own property.
This often overlooked step will help to guarantee that the property is priced neither too highly – putting off potential tenants – or too low, resulting in smaller than available rental yields.
Both valuation guides are available free of charge to I Am The Agent website visitors.
View the Property Valuation Guide For Private Sales: http://www.iamtheagent.com/sell-your-property/how-to-reach-a-valuation-when-selling-a-property-online.aspx
View the Property Valuation Guide For Private Rentals: http://www.iamtheagent.com/rent-your-property/how-to-value-your-property-when-using-an-online-agent.aspx
To find out more about I Am The Agent and services for landlords including property management visit http://www.iamtheagent.com