From passing up 20 property valuation requests a day to receiving one
Requests for property valuations have collapsed, according to a valuation franchise owner in Auckland.
Rene Mclean owns a branch of Property Indepth and operates mainly in the south-east of the city, and said last year his team could be declining 20 requests for valuations a day because they did not have the capacity.
He said these days he was receiving about one request a day, and doing about two valuation a week, and valuers were having to work with sellers who had overinflated idea of what their properties were worth, and were sometimes angry when they were told otherwise.
Source: Stuff