{"id":23677,"date":"2021-11-01T09:17:51","date_gmt":"2021-11-01T09:17:51","guid":{"rendered":"https:\/\/usernameproperties.com\/blog\/?p=23677"},"modified":"2023-11-03T08:41:56","modified_gmt":"2023-11-03T08:41:56","slug":"how-to-select-the-best-land-valuer","status":"publish","type":"post","link":"https:\/\/www.usernameproperties.com\/blog\/how-to-select-the-best-land-valuer\/","title":{"rendered":"How to Select the Best Land Valuer"},"content":{"rendered":"\n<p>Every professional land valuation is done by a land valuer who has undergone licensing and registration.&nbsp; They provide in-depth advice to property owners willing to sell or buy properties by estimating the market value thus making them maximize profits.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Who is a land valuer?<\/h2>\n\n\n\n<p>A land valuer is the same as a property valuer. &nbsp;Basically, a land valuer is a professional who has undergone training on how to inspect a property before determining the current worth of a property. <\/p>\n\n\n\n<p>When we talk of valuing properties, valuation is done on all types of properties including;<\/p>\n\n\n\n<ol class=\"wp-block-list\" type=\"i\"><li>Residential properties \u2013 this type of properties are meant for living<\/li><li>Commercial properties \u2013 most for business activities<\/li><li>Industries properties \u2013 such as plant and machineries for production<\/li><li>Agricultural properties \u2013 for farming and other activities<\/li><li>There are also properties that are more of assets and also part of this<\/li><\/ol>\n\n\n\n<p>Valuers conduct a wide range of activities not only to value property but also other things. Some of the other valuations include;<\/p>\n\n\n\n<ol class=\"wp-block-list\" type=\"i\"><li><strong>Companies valuation<\/strong> \u2013 this is common when determining the worth of a business entity. This is for purposes of selling it, dividing ownership, tax purposes or even divorce proceeding.<\/li><li><strong>Minerals valuation <\/strong>\u2013&nbsp; valuing treasurable stones, oil, gas etc. to determine their worth.<\/li><li><strong>Assessing Capital Gains tax<\/strong> \u2013 This is basically the tax a person pays because of the proceeds made from selling a property. Therefore, valuation is done to determine how much tax to pay.<\/li><li><strong>Valuation of motor vehicle<\/strong> \u2013 this is done to determine the worth of a vehicle for purpose of selling it, insurance, personal needs or for financial requirements in an institution.<\/li><li><strong>Liquidation<\/strong> \u2013 when a company runs bankrupt and is unable to meet its credit obligations. There is need to establishn value so that financial institutions can decide whether to liquidate it and recover their money or any sell part of the shares.<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\">Types of land valuers<\/h2>\n\n\n\n<p>Just like there, many types of land here are two main types of land valuers<\/p>\n\n\n\n<ul class=\"wp-block-list\" type=\"i\"><li><strong>Government Valuers<\/strong> \u2013 these valuers are employees of the Ministry of Land. They are spread across the country to conduct valuation of land and houses. This is useful for purposes of payment of stamp duty. However due to the rise in the number of valuation requests, government valuers end up with many requests that come to them.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\" type=\"i\"><li><strong>Private valuers<\/strong> \u2013 set of land valuer who is practising privately. Private valuer are useful in speeding up <a href=\"https:\/\/usernameproperties.com\/blog\/what-you-need-to-know-about-land-valuation\/\">land valuation<\/a> process in comparison to government valuers who are always busy<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Duties of land valuers<\/h2>\n\n\n\n<p>Land valuers have a number of tasks that they conduct on the property. Some of the tasks include;<\/p>\n\n\n\n<ol class=\"wp-block-list\" type=\"i\"><li>Approximating the market value of land and utilities based on <a href=\"https:\/\/usernameproperties.com\/blog\/everything-you-need-to-know-about-land-survey\/\">land survey<\/a> conducted on the property.<\/li><li>Advising clients in this case land owners on how they can maximize profits on the property&nbsp;<\/li><li>Writing land valuation reports at the end of the exercise&nbsp;<\/li><li>Resolving any dispute around valuation<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\">Tips to Select the Best Land Valuer for Your Land<\/h2>\n\n\n\n<p>There are various methods you can use to settle on the best value for your property. These are some tips you can apply<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>a) Get referrals and recommendations<\/strong><\/h3>\n\n\n\n<p>Before settling on a land valuer, it is a smart move to ask your networks for references of the best land values they know. <\/p>\n\n\n\n<p>This is one way of getting crucial insights and known professional land valuers that you can consider using. Once you get the recommendations it is important to crosscheck at a personal level.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">b) Thorough backgroun<strong>d search<\/strong><\/h3>\n\n\n\n<p>When looking for a property valuer to use, always research. Some of the reputable ones have a digital presence. It is important to read online reviews from other clients on their social media pages. <\/p>\n\n\n\n<p>Browse through different options and don\u2019t skip to read online reviews from previous clients.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>c) Crisscross registration and licensing<\/strong><\/h3>\n\n\n\n<p>When hiring a property valuer, always check registration and licensing details. Every country has a <a href=\"https:\/\/isk.or.ke\/download\/list-of-registered-valuers-2021\/\" target=\"_blank\" rel=\"noopener\">list of valuers<\/a> where you can check authenticity and registration by the government. <\/p>\n\n\n\n<p>This will help you to work with a genuine valuer.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>d) Check the budget<\/strong><\/h3>\n\n\n\n<p>It is good to have a financial plan for valuation. Also, be keen to ensure you get a quality valuation report. List down all the things you need for the exercise and have a total budget. <\/p>\n\n\n\n<p>This will help you come up with a good budget for the entire process and avoid frustration<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>e) Know their speciality<\/strong>&nbsp;<\/h3>\n\n\n\n<p>In most cases, valuers have a specialty. Therefore, before settling on a land valuer ensure they have the necessary skills and experience for the same. <\/p>\n\n\n\n<p>Further, they should have a database of their previous customers.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How to become a land valuer easily<\/h2>\n\n\n\n<p>A profession in valuation is worthwhile. You can pursue a course related to valuation, real estate, surveying, property management, etc. <\/p>\n\n\n\n<p>You will also need registration and licensing with the Surveyors body in a country and as well get the relevant know-how in the sector.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What you need to know about land valuation report<\/h2>\n\n\n\n<p>A land valuation report is a professional description of a property\u2019s market value given by a land valuer. <\/p>\n\n\n\n<p>The valuation report generally provides the condition, history, and other data used by the landowner.<\/p>\n\n\n\n<p>Some of the details that the property valuer records in the land valuation report include;<\/p>\n\n\n\n<ol class=\"wp-block-list\" type=\"i\"><li>The exact location of the land<\/li><li>Specific boundaries of the property<\/li><li>General condition of the land<\/li><li>Significant improvements that have been made<\/li><li>Restrictions such as planning that maybe there<\/li><li>Risks if any on the property<\/li><li>Exact land utilities such as water, electricity, road etc that are on the property<\/li><li>Exact market value of the land<\/li><li>The topography and shape of the land<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>How Valuation of Land Report looks like<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"600\" height=\"340\" src=\"https:\/\/usernameproperties.com\/blog\/wp-content\/uploads\/2021\/10\/How-Land-Valuation-Report-Looks-Like.jpg\" alt=\"Land Valuation report\" class=\"wp-image-23678\"\/><figcaption>How Land Valuation Report Looks Like<\/figcaption><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Conclusion<\/h3>\n\n\n\n<p>Selecting the best land valuer can greatly help you determine the accurate market value of your property. <\/p>\n\n\n\n<p>Therefore, you can consider valuing your land after a period of time.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Land valuation is a very important process when acquiring a property. We have some qualities of the best land valuer to consider when searching.<\/p>\n","protected":false},"author":2,"featured_media":23694,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[8],"tags":[72,436,437,4,70],"class_list":["post-23677","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estates","tag-land-for-sale","tag-land-valuer","tag-land-valuer-in-real-estate","tag-property","tag-residential-plots-for-sale"],"rttpg_featured_image_url":{"full":["https:\/\/www.usernameproperties.com\/blog\/wp-content\/uploads\/2021\/11\/New-Project-9.webp",1778,1000,false],"landscape":["https:\/\/www.usernameproperties.com\/blog\/wp-content\/uploads\/2021\/11\/New-Project-9.webp",1778,1000,false],"portraits":["https:\/\/www.usernameproperties.com\/blog\/wp-content\/uploads\/2021\/11\/New-Project-9.webp",1778,1000,false],"thumbnail":["https:\/\/www.usernameproperties.com\/blog\/wp-content\/uploads\/2021\/11\/New-Project-9-150x150.webp",150,150,true],"medium":["https:\/\/www.usernameproperties.com\/blog\/wp-content\/uploads\/2021\/11\/New-Project-9-300x169.webp",300,169,true],"large":["https:\/\/www.usernameproperties.com\/blog\/wp-content\/uploads\/2021\/11\/New-Project-9-1024x576.webp",640,360,true],"1536x1536":["https:\/\/www.usernameproperties.com\/blog\/wp-content\/uploads\/2021\/11\/New-Project-9-1536x864.webp",1536,864,true],"2048x2048":["https:\/\/www.usernameproperties.com\/blog\/wp-content\/uploads\/2021\/11\/New-Project-9.webp",1778,1000,false],"bizberg_medium":["https:\/\/www.usernameproperties.com\/blog\/wp-content\/uploads\/2021\/11\/New-Project-9.webp",300,169,false],"bizberg_gallery":["https:\/\/www.usernameproperties.com\/blog\/wp-content\/uploads\/2021\/11\/New-Project-9.webp",500,281,false],"bizberg_blog_list":["https:\/\/www.usernameproperties.com\/blog\/wp-content\/uploads\/2021\/11\/New-Project-9.webp",368,207,false],"bizberg_detail_image":["https:\/\/www.usernameproperties.com\/blog\/wp-content\/uploads\/2021\/11\/New-Project-9.webp",711,400,false],"bizberg_detail_image_no_sidebar":["https:\/\/www.usernameproperties.com\/blog\/wp-content\/uploads\/2021\/11\/New-Project-9.webp",711,400,false],"bizberg_portfolio_homepage":["https:\/\/www.usernameproperties.com\/blog\/wp-content\/uploads\/2021\/11\/New-Project-9.webp",600,337,false],"bizberg_blog_list_no_sidebar_1":["https:\/\/www.usernameproperties.com\/blog\/wp-content\/uploads\/2021\/11\/New-Project-9.webp",220,124,false]},"rttpg_author":{"display_name":"username","author_link":"https:\/\/www.usernameproperties.com\/blog\/author\/username\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/www.usernameproperties.com\/blog\/real-estates\/\" rel=\"category tag\">Real Estates<\/a>","rttpg_excerpt":"Land valuation is a very important process when acquiring a property. We have some qualities of the best land valuer to consider when searching.","_links":{"self":[{"href":"https:\/\/www.usernameproperties.com\/blog\/wp-json\/wp\/v2\/posts\/23677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.usernameproperties.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.usernameproperties.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.usernameproperties.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.usernameproperties.com\/blog\/wp-json\/wp\/v2\/comments?post=23677"}],"version-history":[{"count":0,"href":"https:\/\/www.usernameproperties.com\/blog\/wp-json\/wp\/v2\/posts\/23677\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.usernameproperties.com\/blog\/wp-json\/wp\/v2\/media\/23694"}],"wp:attachment":[{"href":"https:\/\/www.usernameproperties.com\/blog\/wp-json\/wp\/v2\/media?parent=23677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.usernameproperties.com\/blog\/wp-json\/wp\/v2\/categories?post=23677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.usernameproperties.com\/blog\/wp-json\/wp\/v2\/tags?post=23677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}