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Valuation, why have your property valued by a professional Fütterer Property® ?

Valuation, why have your property valued by a professional Fütterer Property® ?

Introduction

Carrying out a real estate valuation simply consists of evaluating the price of a property, but also that of a serviced plot of land, a garage, a house, a flat or even a business.

In order to obtain a fair sale price, the real estate agent uses a precise methodology and takes into account the technical information that adds value to the property.

Above all, a quality valuation allows the property to be sold in the shortest possible time and at the right price. Fütterer Property has been estimating properties for over 20 years in the Aude coast area as well as in the Greater Narbonne area and its neighbouring towns.

As a result of this experience, Fütterer Property has a solid knowledge of the property market in this area.

What you need to know

The property valuation is based on the market value, i.e. the value of the property on the current market*.

The two main steps in the valuation process are to evaluate the average price per square metre and to study similar properties for sale in the market in the area.

A realistic estimate as well as an exclusive mandate** will allow you to sell in the best possible time and conditions.

You can therefore confidently entrust the sale of your property to Fütterer Property agencies, who guarantee their professionalism.

Exclusive Mandate: A single agency taking ALL ACTION to sell the property.

The advantages of an exclusive mandate :

  • Guaranteed efficiency
  • Guarantee of credibility
  • Easier administration for the seller as there is only one point of contact
  • Sell quickly

So why choose the exclusive mandate with Fütterer Property ?

  • Virtual visit available on computer and telephone.
  • Better visibility on the internet via the agency's various media and networks (website, Facebook, Instagram, YouTube, Pinterest, LinkedIn ...).

  • Appears on the magazine of the FNAIM

  • Professional photos for advertising

  • Maximum involvement of the team

"80% of our exclusive mandates are on offer in less than a month".

*(Current market: supply and demand).

**(Exclusive mandate: Realization reserved to the agency holding the mandate)

The criteria to be taken into account to understand an estimate

The criteria that the real estate agent must consider to estimate a property are multiple. 

The address: in the first place it is the location, it plays a key role in this process. The view, the area, the environment...

Indeed, a property on the edge of a motorway will not have the same value as a property in a quiet, out-of-the-way area of a town, even if the services are similar.

The characteristics: i.e. all the criteria linked to the house or flat, its surface area per m2, the number of bedrooms, the exposure of the living room, the presence of an exterior: balcony, terrace or garden. The real estate agent will also note whether the property is on the ground floor, on the first floor of a building or composed of several floors.

The condition and quality of the property: secondly, the estate agent will take into consideration the general condition of the property and the diagnostics (energy performance, asbestos, plumbing, gas, electricity, etc.), which are decisive criteria for determining a price estimate. He will also ask the owner the year the property was built.

Rental profitability: for a property suitable for investment (apartment building, seaside studio, family villa for holiday rental), the rental value is an important factor to be based on. The rental profitability is a factor that interests investors.

The specific features of each property should also be considered so that the estimate is as accurate and personalised as possible.

For example, if the house has a swimming pool, solar panels, or a burglar alarm.

A poorly estimated property raises doubts in the minds of potential buyers, for example if it is left on display for too long, the property will lose its value and credibility with buyers.

An over-valued property that suffers a sudden drop in value after having been on the market for several months creates uncertainty. A property that has been on the market for too long sends out a negative message.

Where can I get an estimate ?

Trust a professional affiliated to the FNAIM (Fédération Nationale des Agents Immobiliers) who benefits from a recognised label, who respects a code of ethics and who also benefits from national visibility and permanent legal assistance.

Many independent or networked agencies are members of the FNAIM, a guarantee of quality that will give you peace of mind and confidence for the sale of your property.

Fütterer Property estate agents guarantee that you will receive a valuation within 48 hours of your visit.

Fütterer Property has premises in which we welcome the client, depending on the project, in Narbonne-Plage, Gruissan or even in the centre of Narbonne for a more urban project.

A physical agency provides you with guarantees, assurances, and a human approach throughout the process in line with your needs.

How does a valuation at Fütterer Property work ?

First step:

Contacting the client and arranging the appointment: usually it is the client who comes to the estate agent, to put his property up for sale, more rarely, the reverse can happen (for example if the estate agent has a special request from a buyer).

For this first meeting, providing the title deed of the property can facilitate the exchange.

Step 2:

On-site appointment: the negotiator takes into account the characteristics of the property, (environment, location, orientation, measurements per m2, services...). He will also take photos of each room from different angles. This first meeting is also an opportunity to discuss your project.

Third step:

Following the on-site meeting, the real estate agent builds his estimate with the criteria previously identified. He or she consults offers on the current market, compares the property with other similar ones, estimates the rental value, calculates the price per m2, etc.

Once determined, the value is presented in the form of a price range, which generally varies by 10%.

Last step:

Rendering the estimate,

Finally, the real estate agent proposes an appointment at the agency or at the client's home to hand in the estimate. This second meeting is an opportunity to discuss questions together so that the next step can be taken calmly.

Online estimate, what is it worth ?

Today we see more and more online platforms that offer you an estimate of your property. These online estimates are fast, free, easy to access and do not require an exchange with a professional.

However, they are not accurate enough (sometimes giving prices that can double, due to the instability of the market price and the lack of assessment criteria) and do not replace the work and experience of a professional who visits the property.

Moreover, these platforms sometimes base their prices on prices that are no longer current market prices.

Estimate, opinion of value or expertise ?

The estimate can be carried out orally by an experienced real estate agent according to the criteria listed above and enables a sale price to be set in agreement with the owner of a property. The production of a written valuation is generally not free of charge as it involves a great deal of research and writing. It can be offered when a sales mandate is given.

The property valuation is carried out by an expert whose job it is. He or she is generally a member of the CEIF chamber of experts and is covered by civil liability insurance for the expertise profession. Generally, in order to avoid conflicts of interest, the real estate expert does not carry out transactions so that he can write his expert report in complete impartiality. Therefore, the expertise is a paying service which is only carried out on estimate.

Conclusion

The real estate appraisal consists in giving an estimated value to a property according to the information that values or not the property. The estimate is given at a precise moment in time, it is valid for a short period of time, which depends on each professional.

The Fütterer Property sales advisors have knowledge of the key areas of the Aude, such as Gruissan and its faithful Plage des Chalets, the wild district of Les Ayguades, Saint-Pierre-La-Mer and its mysterious L'œil Doux chasm, Narbonne-Plage and its large sandy beach...

The Grand Narbonne agglomeration is also part of the area, and its Romains district has charmed many of our clients.

The Fütterer Property sales team has the skills to value properties in coastal villages such as Vinassan, Armissan or Fleury d'Aude, but also in villages in the heart of the Corbières, such as Montredon-des-Corbières, Ornaisons, Lagrasse...

To start new projects with us, just call +33(0)4 68 75 10 71!