Augusto B. Agosto
Sales Partners General Assembly
Real Estate Appraiser & Broker
Soong, Lapulapu City
September 5, 2014
1. Importance of Appraisal
2. How appraisal helps Brokers/Agents
- Comparable Market Analysis
What is Appraisal?
• Real estate appraisal or property
valuation is the process of
developing an estimate of the value of
a real property . It includes all of the
research, data, reasoning, analysis,
and conclusions necessary to arrive
at a value estimate.
• It is a detailed process and guided by the
standards set by International Valuation
Standard (IVS), Philippine Valuation
Standard and Generally Accepted
Valuation Principles (GAVP)
• Zonal Value - is a value placed on real estate
based on where it is located by the BIR
• Assessment value - the financial worth placed on
a property by the town or city’s assessor’s office for the
purpose of determining the tax due said property
• Market Value - estimated amount for which a property
should exchange on the date of valuation between a willing buyer
and a willing seller in an arm’s length transaction
APPROACHES TO VALUE
Comparative Market Analysis
• Choose comparable and
and inferior. If a
“comps” is superior to the
subject property a
downward adjustment is
made to the sale, and if a
“comps” is inferior to the
subject property an
upward adjustment is
Comparative Market Analysis
COMPS House 1 House 2 House 3
Size +10 % - 10 % -20 %
Location + 20 % + 10 % +10 %
Frontage - 10% - 10 % -10%
Features + 10 +20% -15%
Total Adjustments +-
that affects Value
• Principle of Anticipation- The principle of anticipation holds
that value is simply a function of the present worth of future benefits, that is, people
are paying current dollars for future benefits.
• Principle of Balance- relates both to the property as
well as the environment in which the property is located.
• Principle of Progression- holds that the worth of a
residence of less expensive will tend to be increased by being in association
with residences of higher one in the same area. The opposite of the
Principle Of Regression.
• There are no "guesstimates" when it
comes to appraisal.
• In our real estate profession where
TRUST is the most important aspect, a
real estate professional-broker and
agents, should recommend in acquiring
the services of a licensed appraiser.
Contact an Appraiser
Landline: (032) 421-2003
Mobile : (0917) 488 5555
Notas do Editor
Why buy in a pre-selling period? Will my property have growth potenti Goldmine Residence Seller’s General Assembly
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