Sunday, April 3, 2016

BelowVal Search Portal Launch - Finding Undervalued Properties Made Easier


Recently, I attended the launch of BelowVal (an abbreviation of 'below valuation') website which I found to be a problem solver for property buyers whom amidst price woes in the market today are in search of below valuation properties or even selling them.

Newly launched property website belowVal.sg provides home seekers a more efficient and effective way to find affordable houses. The portal focuses on rental, public, and private properties which are to be transacted on a more urgent nature.

The urgent sale of properties are often lost in the thousands of listings in other property search portal and these affordable homes are eventually bought over by institutions like law firms, estate trustees and other distressed funds. As a result, giving a loophole for speculators to sell it at a higher price, depriving those who are in dire need of a home to buy an affordable one.

Unlike other property search engines, BelowVal only places properties that are below valuation which ultimately able to help get genuine sellers and buyers in the market! Hence, minimizing free rider problem or price speculation that could dramatically alter the market value of properties, and the real estate market as a whole.

The urgent sale of properties are often triggered by unforeseen circumstances like relocation, migration, change in family structure and foreclosure just to name a few. BelowVal recognizes the persistent need for a fast turnaround of properties during pressing situations, helping agents, home owners and home seekers to match their requirements efficiently through verified listings.

Such measures minimizes the existence of dummy listings posted by property brokers who are in search for leads. While the ethics of doing so remain unsettling, it is still evident and pretty much common practice within the industry.

Word has it that BelowVal has helped to expedite the sale process of below valuation properties. They felt that there is an increase element of authenticity as BelowVal check and verify every listing before it is allowed to be posted. This results in pleasant home seeking experience as there are no fake or outdated advertisements in their portal.

I took the liberty to explore the website www.belowval.sg and it amazes me that to date, it does not have many advertisements which are usually used by property portals for revenue. It makes everything look sleek, focused and simple which I truly hope it stays that way. Although it does seem to look static, I feel that it makes navigation and search clear cut and straightforward.

It could show you by how much lower than valuation in percentage and absolute price, its asking price and importantly, the agent's information which I come to appreciate although it is not me who is buying a home. The profile photo of agents are so huge it is hard to mistake it for someone else.

While the interface is simple, they could have added several other functions like mortgage calculator or curated articles about home buying or negotiation tips that could be useful for both buyers and sellers. I do not think anyone who scours through BelowVal for undervalued properties urgently would even read in the first place! It would be better to use a map and pin-drops to show where the properties are located though, which I am sure could make the search portal more functional and engaging.

Five reasons you should be using BelowVal -

1. BelowVal lists only below valuation properties
One of the problems of selling your property is most times about putting it out in the market. You will need to hire a qualified property agent who will list your property on property sites. Due to the sheer number of properties available for sale, many of such urgent sale properties get lost in the thousands of listings.

It is often frustrating for buyers to sieve through the listings as it takes time and effort to go through all the listings.

At belowVal, only genuine below valuation cases are reflected on their site. It provides assurance to buyers that these properties are genuinely below valuation and are not there as a plot to trap customer leads.

2. BelowVal takes out the clutter and show the listings in a clean and simple platform
Navigating certain property sites could be a pain especially if one has to go through thousand and one listings. As there are different permutations and filter files, the outcomes could get very messy and disoriented. Sometimes you see the same ad repeating itself due to many agents promoting the same property.

BelowVal works because there are no thousands of listings, no messy clutter, just genuine below valuation properties.

3. Using belowVal is easy and simple
BelowVal updates their customers with the latest below valuation properties as home owners post them up on their website. Interested home seekers will then connect directly with home owners or agents to find out more. The process is seamless. As these are all genuine below valuation cases, buyers will get quick response from sellers who are urgently trying to sell their properties at a lower price.

4. BelowVal attracts genuine buyers interested in below Valuation properties
All the properties listed at belowVal are verified and could be sold fast to buyers who are genuine. You will not be wasting your time talking to buyers who are window shoppers taking a long time to make a decision. Ideal for those are price sensitive!

5. You are potentially selling to real buyers who are not big property players
BelowVal knows you are urgently selling your property and sometimes time is of the essence. You have a deadline to meet and you have no choice but to sell to ready estate trustees, law firms and other special institution funds. You end up selling at lower price to these parties as you have no choice.

Instead of letting all these big players profit, why not sell your house to real genuine buyers who are sincere, and having lower budget simply because it is out of their reach for more expensive buys? By using belowVal, you speed up selling process and doing good for buyers who are genuinely looking for a cheaper house.

So if you are in urgent need of a home with the best price, BelowVal assures you that the properties listed in their portal are below valuation. Visit www.belowval.sg for more information!



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