$299 – $419

Comparable Evidence in Real Estate Valuation Sydney

Event Information

Share this event

Date and Time

Location

Location

RICS

Sydney, NSW 2000

Australia

View Map

Refund Policy

Refund Policy

Refunds up to 7 days before event

Event description

Description

Why is this course important?

Comparable evidence is critical to both the accuracy and reliability of all real estate valuations. The process of identifying, analysing and applying comparable evidence to the real estate to be valued is, therefore, fundamental to producing a sound valuation that can stand scrutiny from the client, the market and, where necessary, the courts.


Through its Regulatory Reviews that form part of the mandatory requirements under RICS Valuer Registration (VR), RICS has identified a lack of quality and analysis in supporting comparable evidence within valuation reports. Issues range from dated and/or generic evidence that is not specific to the asset, to evidence that has not been analysed in the context of the asset being valued.


Feedback from the RICS Market Liaison Group in Australia, made up of RICS and the top four banks, has confirmed the need for an improved level of analysis in this area.



Course Topics

  • General principles and Red Book (RICS Valuation Global Standards) compliance
  • Sources of comparable evidence
  • Recording comparable evidence
  • Analysis of comparable evidence
  • Reliability and weighting of comparable evidence (this is an issue in Australia and the UK)
  • Linkage of comparable evidence to the valuation
  • Material uncertainty (this is a major issue in development valuations or illiquid markets).



Benefits

The course teaches best practice principles and how to record, scrutinise, analyse and link comparable evidence. The training is based on the new global RICS guidance note, Comparable Evidence in Real Estate Valuation, released in October 2019.






This half-day training will be delivered as an interactive facilitator-led workshop with relevant examples and real-life scenarios.


Who should attend:

  • Junior to mid-level valuers (commercial, retail and industrial)
  • Non-valuers who read valuation reports
  • Asset and Investment managers
  • Property and Trust accountants
  • Corporate real estate advisors
  • Selling agents
  • Banking and finance professionals
  • Bank relationship managers
  • Credit managers
  • Professional services firms (accounting, audit, advisory, etc).

Presented by Robert Timmermans – FRICS FAPI, Director of Valuation and Advisory at Cushman & Wakefield with 20+ years of experience in the property valuation industry.






FAQs

How can I contact the organiser with any questions?

Should you required further information regarding this training session, please don't hesitate to contact the team on TrainingAustralasia@rics.org

Can I update my registration information?

Yes, you can update the information on your order by clicking your order on the Tickets page. First, access the account menu, then select "Tickets." Second, select your order. Third, select “Edit” to update your information. Once you’re done, select “Save” to save changes.

Is it ok if the name on my ticket or registration doesn't match the person who attends?

It is advisable to provide accurate information for attendees as certificates are based on information you provided.

Reschedule or Cancellation of Training

Due to the nature of training, we may require to reschedule or cancel due to unforeseen circumstances.
We will do our best to email all attendees as soon as possible, should this occur.
Should a reschedule or cancellation occur, RICS will not be responsible for any costs, damages or expenses (i.e. travel) etc... that you may suffer or incur.

Share with friends

Date and Time

Location

RICS

Sydney, NSW 2000

Australia

View Map

Refund Policy

Refunds up to 7 days before event

Save This Event

Event Saved