I saw a “place in the sun” yesterday ( The Spanish Algrave ) The program was visting people who had bought in the past. To my astonishment they were claiming that the properties had been valued by in some cases €90k more than when were bought (2007).
The agent may have valued at the above price. Surely they have some responsibility to verify it for themselves even though a valution is not a perfect science.
Surely valuation s are a load of b*ll*cks? Ive never understood why anyone gets estate agents involved at all really. Site likes FotoCasa and Idealista negate the need for estate agents, dont they?