Handling standard land values/reports conversion

Thank you for the lively discussion, very helpful.

@YSOP
What does “looking at the substance” really mean? Good or bad quality can be assessed with an expert’s eye, of course, e.g. with markups/discounts. But that says absolutely nothing about the basis. What can the appraiser add or subtract? Those can only be comparable properties.


I checked the ZVG portal. The summaries (!!) of the appraisals found there are only descriptions of the building, x rooms, plot size, living area, etc. In the end, a market value is given with x €/m2. Where that comes from, and more importantly, where the basis comes from before any markups or markdowns are applied remains unclear. So it only says THAT a price has been determined, but not HOW.


Why is AVERAGE bad? If I have it, I can decide for myself whether I believe I am above or below it. And I also say to you: If the appraiser does not use comparable properties, where should he get the BASIS from? In the end, you yourself say that it is ultimately just about supply and demand.


I want to try to manage without a realtor. The commission in Germany is insanely high. In my federal state about 6%, and no, it is simply not true that it is free for me. That is always claimed, especially by realtors. But it is completely wrong, it all comes out of the purchase price. With this house we are talking about €50,000 - 70,000, an insane amount of money.


I couldn’t really identify the “big blue comparison portal.” There are basically only two, the market leader and one below that. The rest are comparatively small fish. Too bad this forum has such a strict “no links” rule. At least I was able to identify one of the evaluation interfaces. True, I don’t necessarily have to jump into a lead funnel.

I want to try to manage without a realtor.

Then read my post again. FIRST you receive the appraisal, THEN you can decide whether to hire the realtor or not. So selling independently is still possible even with an appraisal.

Why is average bad? If I have it, I can decide for myself whether I believe I am above or below it.

The problem is that you have no idea about house valuation.

What can the surveyor add or subtract? These can only be comparable properties.

On the values that, for example, are stated in various regulations or in specialist literature (Sprengnetter, HypZert, or similar).

I checked the ZVG portal. The summaries (!!) of the appraisals found there are just a description of the building, x rooms, plot size, living area, etc. At the end, a market value is given with x €/m2. Where this comes from, and more importantly, where the basis comes from before any additions or deductions were applied, remains unclear. So it only states THAT a price was determined, but not HOW.

How do you want to determine a property value if you can’t even find an appraisal in the portal? Look in NRW, the complete appraisals (without attachments) are definitely included there.

I want to try to manage without a realtor. The commission in Germany is insanely high. In my federal state about 6%, and no, it is simply not true that it is free for me. This is always claimed, especially by realtors. But that is completely wrong, it all comes out of the purchase price. In this house, we are talking about €50,000 - 70,000, an insanely large amount of money.

You always pay the commission as the BUYER, either directly or indirectly. I sold my apartment a few months ago without a realtor and increased the price accordingly. I was able to “sell” the buyers on saving the realtor. I don’t understand why you should pay it as the seller. If the realtor doesn’t issue an invoice to you, you don’t pay them, but the buyer does. It’s actually quite simple. And honestly, if you want to sell a house in this price range, you should involve a professional. P.S. Next year buyers and sellers must share the commission; from then on you will necessarily pay commission too – for you that means less for the buyer. In NRW we have always shared the costs.

... which is just number shifting anyway. If I, as the seller, am supposed to pay a nominal share of the broker's commission, then I just add it to the selling price and that's that. In the end, the buyer pays, no matter what acrobatics the politics tries to use to shift this.

I still haven’t understood whether you want to buy or sell ??

A few years ago we bought a very large house that was very well equipped. The bank advisor valued it via Boris and came out almost 100K below the actual price so the financing didn’t work, with THIS bank ... her valuation was completely off the mark. You simply don’t get houses like this for that price here ... so what good is her great valuation to me?? Her calculator didn’t care whether there was a masonry double garage, a professional garden worth 70K alone, 3 stoves etc. etc.

If you want to get lost and know as little as you seem to here, you should get a real estate agent so you don’t sell too cheaply .... I’ve experienced this here too ... divorce, house has to go, after 10 years you don’t know the prices and just don’t think that if you once paid 600 you’ll now get 750 ...

... which is just number juggling anyway. If I as a seller am supposed to pay a nominal share of the broker's commission, then I simply add that onto the selling price and that's that. In the end, the buyer pays, no matter what tricks politics tries to use to shift it.

That's how the market is at the moment. If it becomes a buyer's market again, then not. So it is not a good solution from politics for current problems. However, the trees in the current market shouldn't grow to the sky either, so consequences do arise: if the cake remains the same size despite all the driving forces, something else has to be divided.