The Sales Appraisal Form is a crucial document in Australian real estate transactions, designed to provide property owners with a professional assessment of their property's market value. It is typically used at the pre-listing stage when property owners are considering selling their property and seeking professional guidance on value and marketing strategy. The document combines market analysis, property assessment, and professional recommendations, serving as both a valuation tool and a marketing proposal. Created in accordance with Australian real estate regulations and industry best practices, it provides a foundation for the relationship between the real estate agency and the property owner. The form includes detailed property information, market analysis, comparable sales data, and specific recommendations for marketing and presentation, helping property owners make informed decisions about selling their property.
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1. Agent Details: Information about the real estate agency and the specific agent conducting the appraisal, including license numbers and contact details
2. Property Owner Details: Contact information and details of the current property owner(s)
3. Property Information: Detailed description of the property including address, lot number, property type, and land size
4. Property Features: List of main features including number of bedrooms, bathrooms, parking spaces, and other key characteristics
5. Property Condition Assessment: Overview of the current condition of the property, including any major improvements or defects
6. Local Market Analysis: Brief analysis of the current market conditions in the area and recent comparable sales
7. Estimated Value Range: Professional opinion of the property's estimated market value range
8. Marketing Recommendations: Suggested marketing strategy and promotional activities
9. Declaration: Statements regarding the basis of the appraisal and any disclaimers
10. Signatures: Space for agent and property owner signatures and date
1. Rental Appraisal: Estimated rental value and rental market analysis, included when owner is considering investment options
2. Development Potential: Analysis of potential development opportunities, included for properties with subdivision or development possibility
3. Renovation Recommendations: Suggested improvements to increase property value, included when property could benefit from updates
4. Strata Information: Details of strata fees and arrangements, included only for strata-titled properties
5. Historical Property Data: Previous sales history and capital growth analysis, included when historical context is relevant
1. Comparable Sales Analysis: Detailed list of recent sales of similar properties in the area with specific features and sales prices
2. Property Photos: Current photographs of the property's interior and exterior
3. Floor Plan: Current floor plan or sketch of the property layout
4. Local Area Statistics: Demographic data and market statistics for the suburb or region
5. Proposed Marketing Budget: Detailed breakdown of recommended marketing expenses and activities
Relevant legal definitions
Property
Market Value
Comparative Market Analysis
Agent
Agency
Vendor/Owner
Appraisal
Estimated Selling Range
Comparable Sales
Local Market
Marketing Campaign
Commission
Property Features
Improvements
Zoning
Title Details
Encumbrances
Strata Title
Common Property
Floor Plan
Land Size
Built Area
Reserve Price
Marketing Budget
GST
Settlement Period
Outgoings
Capital Improvements
Chattels
Fixtures and Fittings
Market Value
Comparative Market Analysis
Agent
Agency
Vendor/Owner
Appraisal
Estimated Selling Range
Comparable Sales
Local Market
Marketing Campaign
Commission
Property Features
Improvements
Zoning
Title Details
Encumbrances
Strata Title
Common Property
Floor Plan
Land Size
Built Area
Reserve Price
Marketing Budget
GST
Settlement Period
Outgoings
Capital Improvements
Chattels
Fixtures and Fittings
Clauses
Property Identification
Agency Details
Owner Authorization
Property Description
Market Analysis
Valuation Methodology
Marketing Strategy
Confidentiality
Privacy
Disclaimer
Limitation of Liability
Agent Obligations
Property Access
Duration of Appraisal Validity
Market Conditions
Fees and Charges
Property Condition
Data Collection and Use
Professional Indemnity
Governing Law
Agency Details
Owner Authorization
Property Description
Market Analysis
Valuation Methodology
Marketing Strategy
Confidentiality
Privacy
Disclaimer
Limitation of Liability
Agent Obligations
Property Access
Duration of Appraisal Validity
Market Conditions
Fees and Charges
Property Condition
Data Collection and Use
Professional Indemnity
Governing Law
Relevant Industries
Real Estate
Property Development
Property Investment
Financial Services
Property Management
Construction
Legal Services
Relevant Teams
Sales
Valuations
Property Management
Marketing
Legal & Compliance
Business Development
Administration
Operations
Relevant Roles
Real Estate Agent
Property Valuer
Real Estate Principal
Sales Manager
Property Manager
Business Development Manager
Real Estate Administrator
Marketing Coordinator
Compliance Officer
Legal Counsel
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