Scheduled fee vs Quoted valuation orders

When you need a valuation, you have two clear options for how the price is set and the service is delivered: Scheduled Fee orders and Quoted orders.

It's important to note that for both order types, your valuation can only begin once full payment has been made.

Scheduled Fee Orders

•  How it works: The price for your valuation is set and confirmed at the moment you create your order. Scheduled Fees are determined based on consultation with local valuers and analysis of historical data, reflecting competitive pricing for a given estimated completion date.

• Benefits: These orders typically have a quicker turnaround time. Because the fee is already established, there are fewer steps required before payment can be made, allowing the valuation process to start sooner.
• Considerations: Scheduled Fees apply where the property type and scope are well understood. If no valuer accepts the order at the displayed Scheduled Fee (due to workload, complexity, or fee expectation), Valocity will instead seek individual quotes for you.

Quoted Orders

• How it works: Instead of a pre-set fee, valuers will send you their individual quotes for your order. You then get to review these quotes and select the one that is most suitable for your needs.

• Benefits: Quotes offer flexibility as you can choose a price and turnaround time that best suits your requirements. The resulting quotes may be higher, lower, or the same as a Scheduled Fee.

• Considerations:  This process may involve a slightly longer turnaround time compared to a Scheduled Fee order. You must wait for quotes to be submitted, review them, and make your selection before payment can be made and the valuation started.