Q&A with Jade Killen: Valuations, turnaround times and market trends

What are the biggest pressures clients are currently facing around valuations and turnaround times?

“We work with many businesses operating against tight completion deadlines, so the biggest challenge is securing a valuer who can attend properties quickly while keeping fees competitive and fair. At Certain Surveyors, we focus heavily on service and communication to help keep deals progressing as smoothly as possible.”

Desktop valuations continue to grow in popularity. Where do they work particularly well?

“Desktop valuations work particularly well for standard residential properties where a fast turnaround is required for a market valuation. Straightforward cases tend to deliver the best outcome for the customer, client and overall deal process.”

What are some of the most common misconceptions around desktop valuations?

“There can sometimes be a misconception that any valuation can simply be completed in desktop format, but that isn’t necessarily the case. The valuation itself is the product – a desktop report is simply one method of obtaining and reporting on that valuation.”

What do lenders and property professionals value most from a surveying and valuation partner?

“Service, turnaround times and fair pricing. Across the board, businesses want deals progressing smoothly and valuers available as quickly as possible – delays cost money.”

Looking ahead, what trends do you think will continue to shape the sector?

“I think we’ll continue to see growing demand for long-form Red Book valuations, as they provide more detailed analysis and reassurance for lenders and clients alike.”

Stay tuned to the News & Views section of our website for more industry insights, updates and expert commentary from the team.