Top 5 most commonly asked questions when it comes to valuations

27th Feb 2018

01  How do you benefit from our experts?

Valuations are one of the biggest benefits of buying and selling at Gregsons. For more than 30 years we’ve been providing diverse knowledge encompassing every industry in Australia. Basically, we really know our stuff to get you the best return on your stuff. When what you are selling has been expertly valued, it also benefits the buyers. They know they are getting what they pay for at the right price. Good deals all around!

02  How do we place value on items?

Firstly, we need to establish what the valuation is for. There are a number of different value figures depending on the exact requirements of the client. Do the assets need to be valued where it is in operational condition including all installation costs or is it a liquidation where the value needed is that which will be achieved in the quickest possible time. The valuer will then develop the method of valuation dependant of the type and quality of information available, this can, for example, be based on the income of the asset or the original and replacement cost of the asset. Lastly, the valuer will align the actual asset being valued with his calculations and adjust for useful life remaining, overall condition and both micro and macro environmental conditions pertaining at the time of valuation.

03  How does Gregsons help buyers?

As a buyer, you want to know that you are getting the best deal and a quality product. We take the guessing game out of buying second hand. Our experts have done more than 700 valuations in this last year alone, so you can feel confident that you are getting a great item at the right price. Unlike other online auctions like eBay or gumtree you have had an expert look at your product before buying, so you know that you are getting quality guaranteed.

04  How do sellers benefit from Gregson valuations?

Valuations are made simple. You can enter your details online and in only 3 days you get an expert valuation. With more than $380M valued in 2017, we really know how to get you the best possible return. You get the advantage of our comprehensive knowledge base that encompasses all plant and equipment assets across every industry in Australia. Leave it to us and you will get a quick, professional and accurate valuation of your product.

05  How does a valuer become an expert in so many industries?

All of our valuers have gone through rigorous training and professional training to reach the top of our field. Our team is accredited by the American Society of Appraisers (ASA), National Aircraft Appraisers Association (NAAA) and conforms to strict requirements of the Uniform Standard of Professional Appraisal Practices (USPAP). We combine our local knowledge and expertise as well as our larger network through our partner The Dominion Group to have the widest range of expertise.