First of all we need to contact. You can call us, write us a letter, write an email, or use our contact form. During our first conversation, we discuss your problem with you. First of all, you explain the reason for the valuation of the property. Then we decide together which particular set of services suits you.
Then we determine whether you need a full assessment of market value and whether you need expertise at a reduced cost, or whether just advice is sufficient.

After that, you will receive from me information about the fee and a list of all the necessary information for the preparation of documents on property valuation. If you do not have all the necessary documentation and information, this is not a problem. Just sign the power of attorney, and we will prepare for you all the necessary documents for real estate valuation.
After you have placed an order with us to determine the market value, purchase recommendations, calculation of living space, etc., we will arrange a meeting on the spot, during which the object of valuation is considered.

After inspecting the object, proceed to the actual work – determining the value of the property.
After that you will receive a report on the order.

The process in brief:

1. Contact
2. Determining the scope of services
3. Determination of fee / Documentation
4. Tour inspection
5. Submitting the report.

The tangible asset method is typically used for owner-occupied properties, such as single family homes, town houses, or two-family homes.

This is a process based primarily on production costs. However, since production costs say little about the commodity suitability of property, the characteristics of an object are regularly compared with a so-called market adjustment factor, or real estate value adjustment factor. Market adjustment factors are usually published by the review commission of the area concerned. The basis for the development of market adjustment factors is the collection of the procurement expert committee.

First of all, production costs are determined using tabular standard production costs. For real estate, which is not a new construction, it is necessary to take into account age restrictions. This leads to the structuring of material characteristics.

In addition to the actual value of the object, it is necessary to take into account the physical characteristics of external building structures (for example, paving, fencing, etc.), such as the value of the land.

This leads to the need for a preliminary assessment of the property, which in turn leads to a temporary market value using the appropriate market adjustment factor / material cost adjustment factor.

After taking into account all characteristics, including costs, such as: construction defects, damages, construction loads, road rights, etc., the final market value is derived.

The determination of the market value based on the material value in accordance with ImmoWertV is as follows:

The cost of building buildings:
- Age of construction
= Property value of structures
+ Cost of structural outdoor structures
+ Land value
= Material value (buildings and property)
x Evaluation factor
= Pre-market value
± Property Features
= Market value

The income capitalization method is an appraisal procedure that focuses on the expected income from the property. As a result, it is commonly used for apartment buildings, residential and commercial buildings, office buildings, industrial facilities, hotels, nursing homes, etc.

The most important for this is a D a consistently achievable gross profit, taking into account the location, condition and equipment of the respective valuation object.

First of all, a consistently achievable gross profit is determined, that is, rental income, which is assessed as sustainable and realistically achievable.

Net income refers to both the building and the land. Since the land has an infinite lifespan, but the building has a limited lifespan (exceptions include the listed buildings), the income from the value of the land is deducted from its net income. This helps in determining net income attributable solely to the construction part.

Net income associated with a share in construction leads to profitability of a building’s share through the use of a so-called multiplier. The multiplier is due to the residual useful life of the building and the interest rate on real estate.

After studying the related factors affecting the value, such as construction defects, damage, construction loads, road rights, etc., as well as the cost of land, the yield factor, the determination of market value based on the method of profitability in accordance with ImmoWertV can be schematically represented as follows:

Gross profit:
- Management costs
= Net income
- Land interest
= Net profit (share of buildings)
x Multiplier
= Revenue (building share)
+/- Other factors affecting value
+ Land value
= Amount of income

There are a huge number of property valuation experts. Someone provides a wide range of property valuation services, someone more narrowly specialized.

Real estate experts in Germany are not regulated by law. This activity does not require professional training and degree.

Any citizen who considers himself an expert can call himself an expert.

So why should you choose us? You do not have to do this. But regardless of who you hire, pay attention to the following points, which indicate the qualifications of the expert:

• Is the expert certified, publicly appointed and sworn in?
• Who was a certified expert? An association that depends on contributions, or an independent certification body?
• Verified certification authorities (list may not be complete):
  • Sprengnetter
  • EiposCert
  • IQ-Zert
  • DIAZert
  • HypZert
  • Dekra
  • PersCert TÜV
• The publicly appointed and certified experts of the above certification bodies undergo a comprehensive examination procedure, which takes into account all the necessary knowledge for real estate and land valuation.

Bureau Jens Krüger-Wertermittlung – Real Estate Appraisal is an expert office in the field of real estate appraisal and property valuation, the owner of which has been certified by the personnel certification body TÜV-Rheinland, PersCertTÜV. For certification, a comprehensive examination procedure was carried out.

Since October 2005, we have successfully won the market and since then have received many positive feedback from customers.

We guarantee you the provision of highly qualified, objective and timely service.