According to the British Property Federation, a membership organisation for the real estate sector in the UK, the property industry is a significant feature of the country’s economy. Statistics reveal that the market value of the country’s real estate is £1,662 billion, which accounts for 21 per cent of the total net wealth. On top of that, the property industry contributes to seven per cent of the country’s Gross Domestic Product (GDP).
When you hear the words ‘real estate’, the professionals you meet in this industry are not limited to experienced estate agents or brokers. You’ll also find people holding real estate-related job titles in Wimbledon and other parts of the country. Here are a few of them:
A house appraisal is one of the many things needed when selling a home. This process provides homeowners with the value of their home — information they can consider when putting their property up for listing. These days, many go online to use real estate sites that provide estimation.
Alternatively, a homeowner may turn to an appraiser to obtain more accurate figure. This real estate professional comes up with the numbers by checking the interior and exterior of the property to determine its current condition. Some of the information they collect in their visit include the layout of the house, the amenities and the adherence to safety codes.
Some buyers enlist the help of several experts to see if parts of their home are in excellent condition. One of these experts is a home inspector.
These professionals look for any safety or usability concerns in the property. A few of the issues that they keep a close eye on are mildew and moulds, damp basements and even subpar roofs. On top of that, home inspectors review the foundation of the home, as well as electricity and plumbing lines. If home inspectors come across any problems during inspection, they send their findings to the property owner for necessary action.
Selling a home takes more than getting the property appraised and available on the market. In order to sell it well, homeowners have their property staged to make it more appealing to a large number of potential buyers. A few of the tasks involved in staging are preparing living spaces for visitors and photographing rooms for the homebuyers to see.
While it’s possible for homeowners to stage their home, they have the option to get in touch with professionals who can do the work better and faster. Referred to as home stagers, these individuals make a living by preparing houses. Part of their job is to introduce various interior design concepts to make the property more appealing to buyers. At the same time, they remove some furniture and other design pieces to allow potential buyers space to envision their dream home.
Apart from real estate brokers or agents, property owners will meet appraisers, inspectors and stagers at some point in the selling process. When choosing to work with any of these professionals, make sure that they have the skills and experience to perform their job properly.