5 ways property valuations and real estate appraisals are different

5 ways property valuations and real estate appraisals are different

Written by Benn DorringtonAustralians love to talk about real estate, but there’s a lot more to calculating the true value of one’s residential or commercial property than meets the eye. There are two ways to understand the value of your home or commercial property: a property valuation and a real estate appraisal. There are numerous differences between them, but the main difference is that Certified Practising Valuers conduct valuations, while real estate agents provide appraisals. Becoming a Certified Practising Valuer is a rigorous process, with some states having their own laws and requirements.…continue reading →