Develop your knowledge and understanding of residential property valuation that is fundamental to providing appropriate valuation advice.
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Whether a property is to be sold, bought or let, the provision of residential property valuations requires the valuer to identify the correct valuation method, factors affecting value, and what forms part of the valuation process.
This includes considering basic valuation techniques and principles such as the comparative method, capitalisation or investment method and the residual method. It also requires an understanding of the Red Book and other valuation standards.
All these elements are covered within this course and will equip you with the fundamental knowledge required to understand how appropriate residential valuations should be carried out.
The day introduces the basic approaches to valuation including principles and methods, as well as presenting the Red Book standards. The typical residential valuation process will be explored with a specific focus on factors affecting value. The day will include case studies on various types of residential valuation which will help attendees to consolidate their knowledge acquired during the session.
The role of valuation
An introduction to residential valuation methods
The typical valuation process
Factors influencing value
Valuing new-build property
An overview of professional standards
Buy to Let valuations
Insurance reinstatement figures
The importance of Pll
Graeme Wright on 07/11/2017
"I recently attended the RICS training course - Fundamentals of Valuation (Residential) in Birmingham. This course is a must for any existing or soon to be Valuation Surveyor! The details of the course and knowledge of the trainer was fantastic."
Ross Nedderman, Amicus PLC on 10/10/2017
"Very useful and interesting course. Overall, a well-spent day"