Evaluations

GENERAL INFORMATION ABOUT OUR SERVICES

MM Real Estate offers market valuation of real estate in accordance with internationally recognized valuation standards (International Valuation Standards - IVS, www.ivsc.org). 

Our team is qualified and licensed in accordance with IVS, and has all the educational and professional qualifications for providing market valuations of the following types of real estate:

• Apartment
• House / Villa / Residence
• Residential building (with multiple residential units)
• Garage / Parking spot
• Office space
• Sales space
• Warehouse
• Production hall
• Gas station
• Hotel / Motel
• Shopping center / Supermarket
• Oil terminal
• Quarry
• Concrete plant
• Agricultural land / Meadow / Forest / Arable land
• Building land
• Tourist Complex
• Electric Power Facilities

We can provide you with the market valuations for the following needs:

• Mortgage market valuation - we offer independent market valuations of all types of mortgages. Our valuations are compiled from a detailed report showing all the evidence, calculations and comments on the market value.
• Market valuations for financial reporting purposes – international accounting standards require regular valuations of all types of assets for financial reporting purposes. Our consultants are trained and qualified for all types of valuations that meet international and domestic accounting standards.
• Market valuation of state assets - the state usually owns a large portfolio of specialized assets, such as railway networks, airports, seaports, sports stadiums, museums, universities, schools, state institutions, etc. In order to assess the market value of these properties, it is necessary to take into account the current condition and utility of the property. This is very important for state institutions as a measure of the cost or profit of a certain property, then for strategic planning and identification of properties for which there is a possibility of sale to the private sector.
• Court proceedings – our understanding of the profession and professional experience enable us to act as credible professional witnesses in court proceedings.
• Market Rent Valuation - A market rent valuation provides information about the rental market. Whether you are a landlord or a tenant, we can provide you with advice on negotiating your rent and resolving rent-related issues.
• Valuation for insurance purposes – We provide insurance valuation services for the private and public sector.

COMPLIANCE WITH THE RULES AND NORMS OF THE BANKING AGENCIES

MM Real Estate guarantees that all the activities in the real estate valuation process are fully aligned with the Instructions for Amendments to the Instructions for Valuation of Collateral issued by the Banking Agency of the Federation of Bosnia and Herzegovina and the Banking Agency in the Republic of Srpska. The guarantee is reflected in the following (more details):

• Minimum valuation validity criteria are defined in accordance with the International Valuation Standards;
• Criteria for evaluating the quality of assessments are defined;
• The evaluation review team also participates in the real estate valuation process; and
• All team members have a professional international license issued by the International Valuation Standards Council (IVSC).

The main advantages of this services are:

• ensuring reliability and quality of valuations - application of methodology based on internationally recognized standards (IVS);
• preventive action on the work of valuers – increasing the quality of initial valuations (due to the very fact that valuations will be subject to revision)
• the educational character of the report on the market valuation of the property (for both the financial institution and the client),
• developing the practice of applying international standards when preparing market valuation reports, and
• strengthening and developing awareness of the importance and usefulness of international standards.

DEADLINES AND DOCUMENTATION FOR PREPARATION OF MARKET VALUATION