It can be quite a daunting moment to hear what your property is worth and Aligned Real Estate is partnered with Core Logic has a database of more than 4.5 billion records, it’s what the data means to our clients that matters. On top of aggregating mountains of information into easy-to-consume formats, we use proprietary analytical technology to transform the data into new and valuable insights. This helps our clients make smarter decisions.
Core Logic’s diverse team of data scientists, researchers and analytic experts are always developing innovative new ways to unlock the power of the data, creating actionable insights that drive growth for our customers.
Core Logic prides itself on its data accuracy, which allows us to deliver on our promise to provide the most reliable and powerful property insights and analytics.
Section 47AF of the Estate Agents Act 1980 stipulates that all agent’s working within Victoria must provide you with a Statement of Information which is approved by the Director of Consumer Affairs Victoria.
It must be used when a single residential property located in the Melbourne metropolitan area is being offered for sale. The Determination setting out the local government areas that comprise the Melbourne metropolitan area is published on the Consumer Affairs Victoria website at consumer.vic.gov.au/underquoting.
The indicative selling price in the Statement of Information may be expressed as a single price, or as a price range with the difference between the upper and lower amounts not more than 10% of the lower amount.
The Statement of Information must be provided to a prospective buyer within two business days of a request and displayed at any open for inspection for the property for sale.
The Statement of Information will also outline 3 comparable properties which have sold within the last 6 months and 2 km’s of your property address, this will give you a close indication of other properties in your local area to determine the best reserve price for your home.
So rest assured, Aligned Real Estate will provide you with the most accurate and up-to-date market appraisal for your home.