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Training Courses

Global Red Book 2017

Understand what Red Book Standard is and why it is essential to producing accurate, compliant and professional valuation reports

Course Duration:
3 hours
Venue:
Online
CPD:
3 hours CPD

£149 + VAT

Overview

This course provides the context for the Global Red Book 2017, explains its importance to Valuers and their clients worldwide. Learners will be taught the fundamental principles underpinning their use, and the mandatory rules, best practice guidance and related commentary.

Learning Outcomes

  • State the purpose of the Global Red Book 2017
  • List the main contents
  • Describe how to use the Red Book
  • Understand the global application of the Red Book / IVS
  • Identify the bases of valuation to be used
  • Understand suitable terms of engagement
  • Understand requirements of valuation reports
  • Describe the role of compliance and RICS regulation

Price

  • RICS Professionals £149 + VAT
  • Non-RICS Professionals £169 + VAT
  • Visa

  • Mastercard

Module 1

Global Red Book (1.5 hours)

  • Introduction to Red Book valuation standard
  • Aims and purposes
  • Context and content
  • PS1 & PS2
  • Terms of engagement
  • Comparable Evidence
  • Valuation Workings
  • File Management
  • Valuation reports – the basic requirements
  • Specialist Requirements (VPGNs)
  • Qualifications, disclosure and compliance
  • Ethics, conflict of interest

Module 2

Valuer Registration (0.5 hour)

  • RICS regulation and VR


Further Readings & Assessment (0.5 hour)

Certification of completion will be granted subject to finishing all learning components and passing the assessment.


£149 + VAT