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Online training

How to Value - Residential Property Using Comparable Evidence

Accurate selection and analysis of comparable evidence is at the heart of residential valuations yet until 2012 there was no formal guidance for this essential function.

Date:
Thu 23 Aug 2018
Time:
09:00 AM - 10:30 AM
Venue:
Online
From
£40 + VAT

Overview

This web class will review the RICS Information Paper on Comparable Evidence in Property Valuation and compare it with recent High Court judgements.

Making extensive use of illustrated case studies the class will identify common areas of weakness and suggest how to ensure that the recording and analysis of comparables meets appropriate standards.

Learning outcomes

  • Assess and prioritise sources of comparable evidence
  • Identify areas of potential vulnerability in the collection and analysis of comparable data
  • Appreciate why the structured analysis of raw comparable data is so critica
  • Record details of comparable evidence and analysis

Who should attend & Pre-requisites

  • RICS Registered Valuers, especially Residential Valuers
  • Anyone with an interest in assessing valuation standards, including valuation auditors. Regulators and legal advisors
  • APC candidate and those involved with providing APC guidance or assessment
  • Estate agents

The class is primarily intended for those specialising in, or with an interest in, the valuation of residential property, with a particular focus on valuations for mortgage purposes. It assumes an understanding of the valuation process.

Content

  • Common reasons for complaints against valuers
  • Key points from the RICS Information Paper Comparable Evidence in Property Valuation
  • The application of comparable evidence to actual valuations
  • Analysing and recording comparable evidence
  • Learning points from recent High Court Judgements

Format

This session is based on numerous cases and is designed to suit the need of experienced professionals. Participation is encouraged and there will be numerous opportunities for professionals to share experience and discuss industry challenges with like minded individuals around the country.

From
£40 + VAT
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