Most people are familiar with the notion of Adelaide Property Valuation. They had them made during the sales of their real estate, often by an agent, a real estate agent or a notary. On the other hand, few people have heard of real estate appraisals.
According to the fifth and latest edition of the Charter of Expertise in Real Estate Valuation : “Expertise in Adelaide Property Valuation consists in determining the value of property and real estate rights after analysis of all the documents communicated by the client”.
With this simple definition, it is difficult to get a precise idea of the difference in nature between estimation and expertise. And yet, the professionals involved are not the same for the two tasks, nor the reasons that lead an owner to use it.
Most of the time, a real estate valuation, which can be carried out by a real estate agent, a real estate agent or a notary, will be sufficient and it will not be necessary to involve a real estate expert.
This is the case for all traditional sales of goods between individuals, even when the transaction is made without an intermediary.
That said, here are the situations in which it is more interesting or necessary to have a real estate appraisal carried out.