Valuers still wide of the mark
Valuers still wide of the mark
- 2002
- Property Week 12 April 2002, 10(1) .
Survey by Drivers Jonas and Investment Property Databank shows valuers have failed to improve the accuracy of their valuation over the past five years. More than a third now come in 10% higher or lower than the actual sale price. 65% of valuations fell within 10% of values than agreed but almost 20% failed to get within 20% of the subsequent sales price.
Valuation
DRIVERS JONAS
INVESTMENT PROPERTY DATABANK
VALUATION ASSESSMENT
Survey by Drivers Jonas and Investment Property Databank shows valuers have failed to improve the accuracy of their valuation over the past five years. More than a third now come in 10% higher or lower than the actual sale price. 65% of valuations fell within 10% of values than agreed but almost 20% failed to get within 20% of the subsequent sales price.
Valuation
DRIVERS JONAS
INVESTMENT PROPERTY DATABANK
VALUATION ASSESSMENT