Highlight of the Week…..A day in the life of a Valuer
Another day in the life of a valuer………when the value changes!
This week as an expert valuer I had the fortunate project to value a beautiful harbour cruising boat. Some time ago I was engaged to value this vessel and she was having some “work” done. At the time I had to advise the client that in her current condition she was not good security, as we could not fully estimate the costs involved in finishing the “work.”
Now the work has been completed and she looks great, and is ready for charter, and presents as a far better asset for security purposes, and as the expert valuer, I increased my values ascribed to reflect the current condition.
Now if only I could have done it on a sunny afternoon with a glass of bubbles…..!
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