Foundation in Valuation Methodology

2363.48 AUD

150.0 Hours Formal CPD

Gain detailed knowledge needed for valuation, the main competencies of valuation practice, through to application of that knowledge. Learn best practice in inspection and measurement and ensure any valuation report meets RICS valuation standards both nationally and internationally.

Learning outcomes

  • Identify when and why a valuation is required
  • Apply best practice on inspection and investigation
  • Explain the international aspect of property measurement
  • 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
  • Produce a valuation applying the appropriate method of valuation
  • State the purpose of International Valuation Standards and RICS Valuation – Professional Standards.
  • Describe the use of the Valuation Standards from the client’s perspective
  • Upcoming Dates

    Date Price
    13 March 2025 - 10:00 GMT (+0000)
    $2,363.48
    02 December 2025 - 10:00 GMT (+0000)
    $2,363.48

    Course information

    Upcoming Start Dates
    • 4th December 2024
    • 13th March 2025
    • 2nd December 2025

    This is an online course that you can study in your own time. There are six modules, plus an exam at the end of the course. In each module, you have access to eLearning, reading, case study and a quiz. You also have access to live online consolidation sessions, where a tutor will take you through the module, case study and any tricky elements of learning. Each module is expected to take you one month. You are given a further two months to complete your exam and complete any further outstanding work. After this time, the course will end, and you will no longer have access to these materials.

    Course Overview

    As someone looking to begin a career in valuation, it is essential that you demonstrate comprehension of the correct methods to use for performance analysis, financing decision, development advice or transactional decisions. Specifically, this means knowing when, how and why to use the various valuation methods available.

    Our course will enable you to assess the property market and be in a position to recognise which situations require which types of valuation, choose and apply the right methodology and create the valuation report in line with RICS best practice and international standards. You will also learn how to work with your clients.

    Overall, we will furnish you with the skills to be able to begin work on valuation projects and demonstrate your ability to critically analyse valuations, identify red flags, and allow you to exercise your professional judgment. Gain detailed knowledge on the fundamentals of valuation practice and take the first steps towards working as a valuer of property or other asset classes.

    Course Benefits

    • Add a holistic economic overview to your property market thought processes
    • Discover the practical research needed to prepare and produce a valuation
    • Find out how to find, weigh and analyse the comparable evidence to underpin your valuation
    • Understand how the numbers are produced when more unusual property is valued
    • Put the Valuation Standards into practice to confirm instructions and produce valuation reports consistently.

    Course Modules

    Learn through a wide range of online learning resources including real time with the trainer through engaging web classes and focus your learning through case studies and practical real-life examples. The course is composed of 6 technical modules which will cover the core valuation competencies of inspection, measurement and valuation methodologies and report writing.

    Course Introduction
    Module 1: Context and information gathering for valuation
    Module 2: Comparable method and the market
    Module 3: Investment method and two techniques
    Module 4: Residual method traditional
    Module 5: DRC and profits methods overview
    Module 6: Valuation Standards and the client
    Course Review and Summary

    For more information on these modules, please see the "Detailed course guide" link in the additional information area.

    Who is this course for?

    • APC and Assoc candidates
    • Individuals looking to start a career in valuation or gain a fundamental grounding in valuation methods and practice
    • Professionals who need to create or work with valuations on a day-to-day basis including professionals working in finance functions or departments and real estate

    Corporate Discounts

    Discounts can be applied to multiple corporate bookings. Please contact our training team for more information.

     

    Further Guidance

    training@rics.org

    +44 (0) 24 768 685 84

    Additional information

    Enrollment duration: 245 Days

    Languages: English

    Category: Real Estate

    Price: 2363.48 AUD

    Member price: 1750.50 AUD

    Detailed course guide

    Course Type: Training Programme

    Location:

    Online