This information is helpful for buyers and sellers and has some detailed tips, hit and tricks in the current market.

Spread over 2 levels and offering the potential to easily create separate accommodation (STCA) inclusive of a bathroom, bedroom and living area you could be looking at 2 incomes from 1 property once you revamp this home.

The rest of the house offers a lounge and dining, kitchen, casual meals area and family room. 3 additional bedroom, the main with ensuite and a main bathroom plus laundry. There is a large entertaining deck that leads to an in ground pool all in complete privacy.

This treetop property enjoys National Park views and is set in a quiet cul-de-sac upon 898sqm of land.

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If you are looking to sell your property, you are more than likely also repurchasing. The final proceeds after selling your home is the sales price minus the loan amount and any related selling costs. 

You probably know your loan balance and between your real estate agent and conveyancer or solicitor, however, the final piece of your puzzle is knowing the value of your property.  

2. Securing a Home Loan is Easier       

Banks and financial institutions require assurance that the amount they are lending could be recovered should anything occur for you to not be able to pay the mortgage. A property valuation allows financial institutions understand the amount that they can loan you.   

3. Refinancing Application Time is Reduced

By knowing the banks assessment of the value of your home, you can be more confident of the loan products, policies and rates which will apply to you. This will then help determine if refinancing is beneficial in accessing funds or saving on interest.

Generally speaking, the higher the equity in your home, the better loan terms and rates are available.

4. Understanding Your Home Insurance & Premium

Valuating your property allows you to find the right type of insurance and pay the correct premium. Secondly, any claims you make will be expedited by having a reputable property evaluation. 

Finally, when it comes to getting home owners' insurance, a valuation is usually required for the reason of risk mitigation to your insurance provider based on your property’s structural integrity.

5. Making Home Improvements

Home improvements normally are occur for two reasons, the first is to make the home more comfortable and the second is to get the property ready for sale and to gain a better sale price. 

Understanding the value of your property allows you to determine how much you should be willing to invest in improvements to achieve a desired sales outcome.  Conversely you can determine what dollar value would have a negative impact on the net amount earned after sale.   

6. Debt Consolidation

There are times where increasing your mortgage to consolidate debt can improve your cash flow or provide savings in interest. Again, the property value and amount of equity available will be a critical factor in determining whether this is achievable or cost effective.

7. Being in the Know

You may not have any plans to buy or sell in the immediate future, however, plans can change very quickly depending on the circumstances (both foreseen and unforeseen). For this reason, it is a great idea to keep abreast and know the value of your property.

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RateMyAgent is a platform that allows homeowners to rate, judge and comment on how their agent performed and most importantly, review if the promises made right at the start of the selling process were followed through and executed. This ability for home owners to voice their opinions was launch in 2014 and it has revolutionised the way agents are accountable for their actions.

Shane Broekman and LJ Hooker Frenchs Forest already established a business model well before this which grew from the belief that a happy client is the foundation to a growing business. Awarded the most recommended agency 2015 in both Frenchs Forest and Davidson was confirmation that they were doing something right.

Mr Shane Broekman mentioned "We all know McDonalds sells more burgers than any other burger shop, but when you ask someone what is the best tasting burger they have ever had, I can bet no one says McDonalds. LJ Hooker Frenchs Forest looks at each and every sale as another masterpiece, with the intention of creating raving customers, not just a factory process to suit profit."

Shane Broekman is the Sales Manager for LJ Hooker Frenchs Forest and is currently (March 2016) the most recommended agent in Davidson and Frenchs Forest, also holding additional records including;

• #1 - Total number of sales in Davidson (over the last 12 months)
• #1 - Total sales value in Davidson - $8.36m (over the last 12 months)
• #1 - Average sales price Belrose - $1.45m (over the last 12 months)
• #1 - Most recommended agent in Davidson (over the last 12 months)
• #1 - Most recommended agent in Frenchs Forest (over the last 12 months)

The selection process of finding an agent that you can trust can often rely on a lot of gut instincts. www.ratemyagent.com.au reduces the guessing game and allowes you to digitally interview your agent before you contact them. Shane Broekman has built a reputation for being a sellers agent, why not do your digital interview on him now: www.ratemyagent.com.au/shanebroekman