valuation fee means any fee for a valuation obtained in respect of any security to be offered for any proposed credit contract within the meaning of the Consumer Credit (Victoria) Code.S.
How much is the valuation fee?
Valuation fees: Your valuation fee is pretty self-explanatory – it's what you pay to get your property valued, and typically costs between $300 to $500. What to know the objective of getting your property valued, or what factors influence the decision making process? Read this guide.
Do you have to pay for a valuation?
The short answer is nothing at all! Valuations provided by estate agents are usually free because they know it's a great time to view the property, pitch their services and sell themselves to you. It's called customer contact time, and it's a key part of the estate agent business model.