The cost of an appraisal is determined depending on the file’s technical complexity, the time the expert will need to devote to it, but never to correspond to the asset’s value or the file’s financial implications.
The amount of fees is determined depending on the file’s degree of technical complexity and on the basis of the rate per hour.
The “time” devoted to the appraisal includes:
- the interview prior to acceptance of the case,
- compilation of the appraisal file,
- organization and visit of the property, measurement of parts that have been built, taking of photographs,
- research on urban planning information, zoning plans, regulations…,
- ordering of specific documents,
- checking and study of the documents delivered,
- finely-targeted market study,
- creation of a reference frame for purposes of comparison,
- drafting of the appraisal report,
- delivery of the report with interview if necessary (printed versions and digital version).
All our reports can be translated into English at a cost determined in advance.
For certain specific files, we can enlist the skills of an expert surveyor, urban planning architect or a building economist, the cost of whose services is determined in advance.
The usual amount of time taken, in the context of an assignment with a full file delivered to the expert and following a visit to the property, is around 30 working days. This period may be reduced, as per specific agreements taking into account, for example, a mandatory closing date for the file. It is likely to vary, depending on collection of the documents required by the expert, the assignment’s complexity, and the current workload.