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3 Free Property Valuations

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Must "Like" on Facebook.
A new initiative is offering investors and home buyers free and instant access to residential property valuations via Facebook.
Want to know what a home is really worth?

Track the value of up to 3 properties for 6 months, using the same property information used by leading Australian property professionals and major lenders.

RP Data will offer up to three valuations per person via the company’s Facebook page for the next six months.

This will allow consumers to see first-hand just how properties fare for value right now.
Once consumers have registered for a free valuation, the results will be updated each month for every property of interest registered. Additionally, they can click through to their website and download free suburb profiles and statistics on every suburb in Australia

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closed Comments

  • +4

    Seen this before. the "valuations" are worthless. They just want to sell your name to a local realestate agent, and send lots of spam. You may as well call a local agent or two who will at least LOOK at your house before making a guess.

    • Not so sure about that. RP Data are reputable. However I am getting "Sorry, myrpdata.home value tracker is currently unavailable"

    • +5

      There is a difference between a "valuation" (done by a licenced and educated Valuer) and an "appraisal" (done by a Real Estate Agent). The Real Estate Agent is not a property valuer, but a salesperson trying to get you listing, so there is a tendency to be optimistic on the appraisal. That's why Banks don't use a Real Estate Agent.

      • +1

        You will find that a valuer will be pretty close to the real estate agents price. They cant be too different in their assessment otherwise the bank will not lend the money (and there is a vested interest for the valuer as well).

        How much your house is worth is really dependant on both the replacement value and/or how much another person if prepared to pay for it…

        • What is the vested interest for the Valuer? They get paid whether the Bank decides to lend the money or not.

        • Read this article:
          http://news.domain.com.au/domain/real-estate-news/the-home-t…

          Then read the comment by one of the readers (MrSmith) who did an RP data check on the property which was initially listed by a Real Estate Agent for $700,000.

          "RP Data reckons

          Min $337,986
          Max: $450,637

          With Estimated price of $394,311".

          That's a difference of over $300k between RP Data and the initial list price.

  • +1

    Doesn't work for any searches you do…

  • -2

    requiring to 'like' anything on facebook is an automatic neg from me

    • Try reading the voting guidelines

  • spam

  • please delete, waste of space

  • isn't this usually free? i always get spam in my letterbox saying "free blah blah blah call now blah blah"

  • Property is overpriced no matter what these so called experts say

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