What is the difference between an valuer and a real estate agent?

A valuer assesses the current value of the real estate and prepares a valuation report about it. This is necessary, for example, for insuring or financing real estate, as these parties need to know the current value. A real estate agent advises on the selling, buying, renting, or leasing of real estate.

A real estate agent represents the interests of the client, whether it’s the seller, buyer, landlord, or tenant. Therefore, a real estate agent is, to some extent, biased. A qualified valuer, on the other hand, must be impartial. Objective and independent property valuations are conducted by qualified valuers who adhere to rules and guidelines. They are registered in the Dutch Register of Real Estate Valuers (NRVT; Nederlands Register Vastgoed Taxateurs ). This organization ensures the quality and reliability of valuation reports.

What’s the difference between Professionel Valuation Service, Indicative Selling Price and BOV (Broker’s Opinion of Value)?

Only registered valuers are allowed to conduct a Professional Valuation Service. This is ‘the estimation and reporting of the value of a real estate object by a registered valuer, upon which estimation and reporting reliance can be placed in economic and social traffic’. In other words, the valuation report is independent and objective. An valuation for financing or tax purposes is always a Professional Valuation Service, as it is necessary, for instance, to obtain a mortgage. A Professional Valuation Service has third-party effect: any random third party must be able to fully trust that the report has been independently and objectively prepared.

Real estate agents without NRVT registration (Dutch Register of Real Estate Valuer are not allowed to conduct a professional valuation service. They can provide a Indicative selling price for residential properties or a Broker’s Opinion of Value (BOV) for commercial real estate. In a Indicative selling price and BOV, the real estate agent takes into account the interests of the client. It is prepared in connection with preparing a sale or purchase. Attention will be paid to the sales or purchase procedure, including the price and conditions, in its elaboration. It is an internal advisory document for the client and cannot be used for third-party purposes. This is sufficient when a appraisal is desired but not mandatory.

What is the difference between 123vastgoedexpertise, 123ERAmakelaar, and 123vastgoedmakelaar?

A Professional valuation service is always conducted by a certified and registered valuer from 123vastgoedexpertise. The valuation report is independent and can be used by third parties. An Indicative selling price is conducted by a candidate real estate agent or a certified real estate agent from 123ERAmakelaar. A BOV is conducted by a candidate real estate agent or a certified real estate agent from 123vastgoedmakelaar. It provides a seller with insight into the achievable sales proceeds or assists a buyer in offering a competitive price.