D. Fritz Appraisals Inc. is committed to professional residential real estate appraisal services on Southern and Central Vancouver Island (from Victoria to Nanaimo), and the Gulf Islands of British Columbia.
Our objective is to provide the highest level of residential appraisal service in the area.
Call us today if you are considering re-financing, buying, selling, or would like to know the value of your property for other purposes.
We believe our staff to be of the highest calibre, focused on providing the most comprehensive, accurate valuations available.
Since our inception, our firm has earned a reputation from our clients for supplying sound, practical home estimates delivered in a timely manner and in clear format.
Our appraisers are all members in good standing with the Appraisal Institute of Canada (AIC). We continually upgrade our education, maintaining our high level of report quality. Each has professional liability insurance in accordance with the Canadian Uniform Standards of Professional Appraisal Practice (CUSPAP) and the AIC.
Real estate appraisals are legal documents, containing information that impacts the fair market value of both new and existing homes, and determines the financing options available for home purchases and renovations. They also determine how property assets will be divided during divorce proceedings and estate settlements, as well as determine capital gains on rental properties and tax implications for final probate.
As such, you need an appraiser who is local and understands the current and historic marketplace trends unique to the area. As an appraisal company, we are unique in that our team brings together expertise in every aspect of the real estate business. Our combined past experiences in real estate sales, lending, and business administration creates a broad base of knowledge that sets us apart.
We are also one of the longest standing Victoria appraisal companies, with half a century of experience between us. Combined with our commitment to continual education, our expertise allows us to provide the best appraisal services in the area.
Our clients include stakeholders from across the industry; from lending institutions, real estate agents and mortgage brokers to accountants, lawyers and property owners.
Homeowners seek our services when it comes time to sell their home, to help them determine a listing price that gives them the best chance of a fast sale for the best price. We also assist with appraisals for major home renovations to help clients obtain financing, as well as determine whether the planned renovations add value to the home.
Buyers may also wish to appraise a home before they purchase; or their lender will request a home appraisal to make sure the property is worth the loan amount. For buyers purchasing a pre-construction home in a new development, we can project what the final market value will be once the construction process is complete.
Lenders and mortgage brokers also make up a significant portion of our client base. Our company is approved for most financial institutions, including credit unions, banks, and private lenders. As such, we understand that each lender has specific appraisal requirements. We tailor our reports to meet even the strictest criteria of each lender.
Real estate agents often enlist our services to determine the listing price of an atypical property. An overbuilt home with high-end finishing details, for example, may be difficult to sell in a neighbourhood of ordinary houses. Features like swimming pools, high maintenance landscaping, unusual floor plans and even a school next door can make a property slow to sell. Our property value estimates help realtors price the home appropriately to encourage the fastest sale possible.
Lawyers, accountants, family members and executors frequently entrust our professional team to appraise the value of an estate during probate, or to settle a will. Our unbiased advice and extremely fast turnaround times are invaluable to the legal process of settling a person’s assets.
At D. Fritz Appraisals in Victoria BC, we’re proud of the exceptional services we offer our clients. We are quick to answer follow up questions and our confidentiality, sound advice, and superior knowledge of the local real estate market has earned us respect across the board.
To order an appraisal, please get in touch with us today. Our team is standing by to answer your questions!
When purchasing or refinancing a property, banks and lenders will require an appraisal report in order to approve a mortgage loan for the applicant. Appraisers will determine an unbiased fair market value of a property. The report serves as a base for determining a value for an approved loan.
When building a home or when purchasing a property from plans we assist our clients by providing an “as complete” value based off plans, costings and appropriate current market research of comparable properties.
Typically ordered on construction mortgages, when owners or builders are building a new home or in some cases on major renovations. Our appraisers estimate the percentage complete in order to obtain the next draw from the bank or lending institution.
Divorce proceedings may require an appraisal of the shared home. Our appraisers can complete not only current market value estimates but also retrospective appraisals to determine the value of a home as of the date of separation.
An appraisal is needed to determine a fair market value for the liquidator or executor to be used as a basis when handling a persons assets.
Job Title: AIC Candidate Appraiser
D. Fritz Appraisals Inc. is an established Real Estate Appraisal company that has been part of the Capital and Cowichan Valley community since 1998. We are excited to announce our company is ready to grow again and are searching for an AIC Candidate Appraiser to join our busy team to expand up-island in Nanaimo and the surrounding area.
The position available will be an independent contract, with a commission-based fee split. The successful Candidate will work under and be mentored by our AACI designated Appraiser. Our small team also consists of a CRA designated Appraiser (owner), three other AIC Candidates, and two Office Administrators. This is a work from home position, with an online virtual office to maintain and encourage communication and teamwork within the company. All computer software will be provided.
Responsibilities Include:
· Perform on-site inspections, ensuring measurement accuracy, taking photographs and data collection;
· Pull comparable sales and assign values to complete appraisal reports efficiently;
· Meet turnaround times to ensure client satisfaction;
· Develop relationships with lenders, brokers, clients, and other members of the public;
· Continuously improve their knowledge regarding cost, market, and valuation trends;
· Abide by all company policies and procedures;
· Attend staff meetings as required.
Qualifications Needed:
· Valid Driver’s License and driving record that meets company standards
· Clean Criminal Record check
· A keen interest and knowledge of Vancouver Island’s real estate market
· Registered Candidate Appraiser with the Appraisal Institute of Canada (AIC)
· Must have proficient writing skills, be thorough and attentive to detail
Please forward a PDF copy of your resume and cover letter to blott@dfritzappraisals.ca.