What are Valuations?

Valuation is a process of estimating the worth of an asset in financial terms, at a specific time for a stated purpose. We at Hammer and Tongues Auctioneers believe that having the know-how of what an asset is worth and what determines its value is a prerequisite for intelligent decision making. You may require valuations for a number of purposes including the buying and selling of property, development appraisal, monitoring the level of property performance, loan security, company accounts, and insurance reinstatement. The lack of a central trading market means that investors in real estate are not able immediately to obtain a valuation of their asset but as Hammer and Tongues Auctioneers we can assist you in knowing the value of your property in real-time.

Choosing investments, deciding on the suitable price to pay or receive for an asset, and in making investments require intelligent valuations. The essential element of valuation is that there is a need to ascertain reasonable estimates of value for assets and that the same fundamental principles determine the values of all types of assets, real as well as financial.

We also specialize in the valuation of vehicles which is basically an estimate regarding the value of a particular vehicle as of a specific date. Hammer and Tongues Auctioneers sees the need to evaluate vehicles before listing them to the market because it is important so as to avoid losses to both the organization and the client who have bought new vehicles and are willing to sell the vehicle at an appropriate price. Hammer and Tongues Auctioneers also has specialists who are well versed in property valuation for organizations and individuals. For businesses, this looks at how much potential the organization has to grow in the future. This may consider the company’s growth prospects as a business regardless of its industry and based on the company’s unique potential. Thus if you have a business in a volatile industry you will likely see significant growth and this could increase the value of the business. In addition, your company’s reputation and goodwill within the community can be incredibly valuable. It can be relatively difficult to place a number of value on this type of intangible asset, but it is nonetheless incredibly important. An overwhelmingly positive reputation could significantly boost the value of your company. If you are interested in buying or selling a business, there are numerous factors that you must consider when it comes to the value of the company being bought or sold and we will assist you in deriving the exact value for your property.