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 Different Market Value from Banks and Valuer

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mafa2801
post Feb 22 2017, 10:54 AM

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QUOTE(danone116 @ Feb 21 2017, 11:17 PM)
Hi Sifus,

I need your expertise.

I am planning to sell off my house.

I have contacted few agents to check market value of my house to determine the selling price.

What happen is all agents got back with different market value and some is very huge diferrent i.e. RM100K.

When i question them why other banks offer lower/higher market value and they said it is depends on the banks. Some banks can offer higher/lower market.

So, my question is which market value i should follow? Dont we have standard market value?
*
u can check brickz.my

valuation depends on the valuer itself, certain valuers only rely on last transacted price
certain valuers, they check on the renovation cost with approval etc..

If bank A have higher valuer, so why not sell at the said price.

 

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