1. EachPod

Valuation Wars: How to navigate conflicting opinions on property value ⎜ Ep. 1233

Author
Opes Partners
Published
Thu 26 Jan 2023
Episode Link
https://podcasters.spotify.com/pod/show/propertyacademy/episodes/Valuation-Wars-How-to-navigate-conflicting-opinions-on-property-value--Ep--1233-e1tkda4

In this episode, we discuss how 2 different valuers can give incredibly different valuations for similar properties. 




This is based on a recent example where some of the investors we were working with at Opes Partners owned similar properties. 




However, because the investors were assigned different valuers, the valuations came back with a difference of over $100,000. 




We go through the reasons behind the different valuations and what you, as an investor, can do to protect yourself from a low-ball valuation.




We also mention that you can use our My Wealth Plan software to run your numbers to see if you're on track to hit your retirement goals.

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