In message , geoff
writes
In message
,
Edward writes
My family has an interest in a piece of farmland which we wish to sell
to another beneficial owner. We have instructed valuers to provide a
value, but they have given an estimate for providing the valuation of
between £750 and £1200 (priced at £120 per hour). I am not a
surveyor, but given that the plans show the area, and that calculators
are cheap (I've got a free one on my computer), how can this involve
anything more than a) visiting the plot and determining the quality of
the land, and b) having decided what the price of that type of land in
that area generally goes for, multiplying cost-per-acre x number-of-
acres.

£1 for the hammer, £1000 for knowing where to hit it

Exactly.

It might be as well to ask about *conflict of interest*. There are very
few agricultural valuers in a district so it is likely there will be
business overlaps.

If you were approached to sell the land, it is important that you look
beyond the immediate agricultural value and try to spot what the buyer
knows that you don't.

I recently missed a modest uplift where land sold for agricultural use
was sold on quickly to the Woodland Trust for forestry development.

regards



--
Tim Lamb