Yokra Estate specializes in marketing and brokerage services for luxury homes in Israel. Many leading appraisers consult with us for information and insider knowledge regarding local property prices when the need to generate a valuation. Should you be interested in assessing the value of your property before putting it on the market, we invite you to contact us. One of our luxury real-estate experts will be happy to meet you to provide an estimate. Israel's real-estate market is changing, and prices can fluctuate significantly either upward or downward within a relatively short period. For this reason, sellers find it difficult to assess the market value of their property. In order to ensure that you are not asking for too little, and, conversely, in order to avoid pricing your property so high that it will remain in the market for too long and scare away potential buyers, we strongly recommend getting the professional opinion of an appraiser, who will provide the objective value of the property. Real-estate professional and appraisers check the status of planning rights in the property.In some cases, following the sale, sellers discover that they are required to pay a betterment tax to the committee, which they hadn't accounted for before the sale. On the buyers' side, often people sign an MOU (memorandum of understanding) or proceed to sign a contract, in which the sale price is higher than the mortgage that the bank is willing to provide. The practical approach to appraising a property is to benchmark against the recent sale prices of nearby properties. However, an appraiser’s valuation goes beyond simply comparing real-estate prices. An appraiser will look at investments made in the property, the view from the property and its location, its proximity to power lines and other impairments, construction flaws that could lower the value of the property, betterment taxes where relevant, legal issues, planning contingencies, and more. A well-maintained and attractive home may turn out to be a problem asset if it has a lien on it, or in some cases the actual value may not justify the asking price. Among other questions, the appraiser will verify the legal owners of the property, check for liens, its listing in the land registry, the amount of betterment and/or purchase tax that will be owed, and what additional payments are due to the land registry.  Furthermore, the appraiser will check if a municipal betterment charge is due, if the property's building permit matches its actual construction, and if there are any construction violations. Occasionally, an appraiser’s opinion is required for legal proceedings by one of the parties in a divorce or inheritance process, or whenever the property was used as collateral against a debt. The appraiser's opinion will then submitted to the court as an affidavit that includes the appraiser's experience and training.

Yokra Estate assesses and optimizes the value of houses, villas, apartments, and penthouses in some of Israel's most sought after luxury neighborhoods including villas in Hod Hasharon and Raanana; private homes for sale in Kfar Saba, luxury apartments and penthouses in Ramat Hasharon, houses for sale in Jerusalem, private homes and penthouses in Petah Tiqwa: Neve Oz, Bat Ganim and Kfar Ganim. Luxury homes in Kfar Shmariyahu. Lots, mansions, and houses for sale in Savyon, villas and ranches for sale in moshavim (rural communities) in the Sharon region and duplexes and luxury apartments in Tel Aviv.

The author Yossi Mimran is a marketing master and owner of Yokra Estate, which offers upscale assets in Israel. Looking for a real estate for sale in israel?
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