Would you walk through 1 or 2 scenarios on how and why people needs to engage a surveyor?



  • Would you walk through 1 or 2 scenarios on how and why people needs to engage a surveyor?


  • EXPERT

    The first scenario may be a fund who are looking at whether to dispose of an asset or not. To help with their decision-making process, they could engage a surveyor to provide them with an independent valuation of the asset which will help them realise what they can realistically expect to receive if they did sell the asset. They could also engage a surveyor to work with them on the disposal, advising them of how best to package the asset and market it in order to ensure they achieve maximum value.

    Another example may be an investor who is looking to buy a second-hand asset which is in need of some renovation and re-development work. A surveyor would be able to work with the investor to identify the areas of work that need to be undertaken and the likely costs, whilst also advising the investor on the best additional works to undertake in order to optimally position the asset in the market, maximising rental return and minimising void periods.

    For more insights on surveying check out the episode I did with Denzity! https://youtu.be/lRp0f978Xvk


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