Cant Repeat Enough "Dont over value"

Following a recent statement by the National Association of Estate agents claiming the Royal Institution of Chartered Surveyors are knowingly under valuing homes, we thought we woudl side with the RICS on this one.

So the tip is simple do not over value your house, get a proper valuation by a registered survey one which is an RICS member check out http://www.rics.org/ for a full list, listen to what they say and unlike estate agents RICS members are not interested in taking a high commission for over valuing your house, so they are only interested in giving you a correct value based on the market, property and nothing else.

Think of it this way would you rather sell your house or be sitting on it for years, simply because its priced out of the market.

So in short

1. Get your house valued by a qualified surveyor, check out http://www.rics.org/ 
2. Dont be tempted by an agency to advertise for a higher price unless you are willing to have your house on the market for longer with a possible price reduction at a later stage.
3. Just remember surveyors are the only people qualified to give you an accurate market price, everyone else is just giving you a best guess.

If you want to make money from property investing and real estate investing, either join a program or buy a house for that purpose, over valuing your home is only going to end in trouble.

Get It Surveyed - Fix It Up

In todays market it id very much becoming a buyers market, due to the continued market problems and potential job losses. It is for this reason that you must actually spend some money making your house a saleable asset, this goes for whether you are trying to sell or let your property.



PEOPLE HAVE MORE CHOICE



Remember this when you are thinking of selling your property our showing it to potential tenants or purchasers, make sure everything is up to scratch and in full working order, this goes from everything from heating to the roof. Give your house a good looking over and fix everything that needs to be fixed.



One suggestion is to get a full survey done, this will give you an overall picture of your property and let you know exactly what a potential buyer will see, and that way you know what is worth fixing and what is uneconomical to fix.



After all if may be worth spending that £10,000 to keep the value in your property, or even ask a bit more.



Just remember the basics of economics and unlike the British Government "You need to spend money to make money!"



Best of luck with your property and remember that Buzz Properties is always there to help you get the most out of your property.