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Certificate in Commercial Valuation Methodology

This course has covers the detailed knowledge needed for commercial property valuation, focusing on the main competencies of practice: inspection, measurement and methodologies and the application, knowledge, guidance and best practice on how to write Red Book compliant reports.

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Course Duration:
6 months
Wed 3 Jul 2019 - Fri 3 Jan 2020
10:00 AM - 05:00 PM
150 hours formal CPD

Note: The start date is subject to change depending on number of attendees for this course and at the discretion of RICS.


Course overview

Building on your existing foundation of valuation knowledge, this course has been designed to give you the practical skills required for commercial valuation, focusing on the main competencies of valuation practice - inspection, measurement and valuation methodologies. You will be guided on and apply best practice on gathering the required information, completing a valuation using the appropriate method, and writing Red Book compliant reports to RICS as well as international standards.

With these newly developed skills, you will have a breadth of knowledge to apply the principles of commercial valuation on a day to day basis and demonstrate to your employer and clients your ability to complete commercial property valuations to an international standard.

Course Benefits

This course will give you the breadth of knowledge required to apply the principles of commercial valuation on a day to day basis:

  • Get your record keeping in line with best practice to provide audit trail and negligence defense.
  • Evidence your comparable valuations with qualitative and quantitative analysis using a matrix technique.
  • Feel confident deciding on the most appropriate investment method technique and apply a range of techniques without using software.
  • Understand the drawbacks associated with specialist valuation methods and apply that holistic insight in valuation.
  • Make sure your valuation terms of engagement and valuation reports are up to date in the application of international standards in measurement and valuation including the draft Red Book 2017.

Who Should Attend

  • APC and Assoc. candidates who are on the valuation or commercial property pathway or other candidates
  • Any other professionals with at least 2 years of experience in valuation or who have completed the RICS Valuation Foundation Programmed and wish to specialize or work with commercial property valuations.
  • Professionals who need to create or work with commercial valuations on a day to day basis including valuers and professionals working in finance functions or departments who use commercial valuation reports as part of their decision-making process.


The course is composed of 6 technical modules which will cover the application of the valuation competencies of inspection, measurement and valuation methodologies as required to value commercial property as well as best practice for drafting commercial property valuation reports:

  • Module 0: Course Introduction
  • Module 1: The Inspection – Context & Information
  • Module 2: The Valuation Part 1 – Comparable Method and the Market
  • Module 3: The Valuation Part 2 – Investment Method with four techniques
  • Module 3: The Valuation Part 3 – Residual method with two techniques
  • Module 3: The Valuation Part 4 – DRC and profits method
  • Module 6: The Report: Writing an RICS compliant report
  • Module 7: Course Review and Summary
  • During this course you will have access to RICS Isurv to further support your learning.

For more information on the topics covered within each unit, please download the course guide below.

Download course guide


Learning resources format


Within each module will be dedicated e-learning sessions. Within these courses delegates will gain an understanding around the practical techniques and international standards required within the construction and quantity surveying pathway.

Reading material

Learners will further study and understanding of the methodologies with the directed reading material. Sourced from textbooks and articles, these readings support development throughout the course program.

Case study

Technical case studies provide examples of practice, within these case studies participants will practice the theory taught within the module. Responses will be shared within the online forums.

Discussion forum

Questions, comments, case studies will be posted to the forum (one module) with the objective of allowing the participants to reflect on the e-learning and also to discuss their own experiences under each module heading around QS practice.

End of module quiz

At the end of each module is a short quiz, to check understanding of the content and to help track progress.

Live web classes

On completion of all the technical modules, participants will be required to attend one 1.5 hour live online web class. The structure of this session is to provide a detail overview of the practices and principles of QS. Provide participants with an open live forum to discuss their own interpretations and understanding of the learning outcomes of the course.

Learning outcomes

By the end of the web class, you will be able to:

  • Identify when and why a valuation is required
  • Apply best practice on inspection and investigation
  • Explain the international aspect of property measurement
  • Assess and identify the main drivers of value in your local market and globally
  • Describe and understand the role of the value within the property market
  • Explain key valuation methods theories and techniques
  • Select most appropriate method of valuation for a given property scenario
  • State the purpose of International Valuation Standards and RICS Valuation – Professional Standards.
  • Describe the use of the Valuation Standards from the client’s perspective.

You may also be interested in

International Property Measurement Standards (IPMS): Office Learn more

Foundation in Valuation Learn more

Valuation: Residential Property Learn more

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  • RICS professionals $1140
  • Non-RICS professionals $1375
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