Valuation: Residential Property

£695.00

100 Hours Formal CPD

Over one million residential properties were bought and sold in 2015, so accurate and reliable valuations are in demand. This course will build on your existing knowledge of valuation by studying the leading industry valuation techniques for Residential Property. Gain practical insight into valuing residential properties in this real-life, case-study based course.

Learning outcomes

  • Describe and apply the relevant drivers of value in local, national and international residential markets.
  • List the main purpose of a residential valuation including understanding and identifying client requirements
  • Identify relevant stakeholders; their role and purpose as part of the valuation process
  • Source, analyse and interpret the information required from reliable and relevant sources
  • Apply relevant RICS and international standards, including International Property Measurement Standards to a residential inspection and valuation
  • Carry out a competent valuation inspection using a checklist and distinguish from a residential survey.
  • Reproduce Valuation Standard compliant terms of engagement and valuation reports
  • Upcoming Dates

    Date Location Use Coins
    20 June 2017 - 10:00am
    Online
    Use 139 Academy Coins
    11 October 2017 - 10:00am
    Online
    Use 139 Academy Coins

    Course information

    Valuation underpins all property-based transactions. Consequently, many instruct and rely upon a professional property valuation in order to fully understand the transaction and the positions of the various parties involved. Through case-study work and real-life scenarios, this course has been designed to give you the detailed practical knowledge required for residential valuation, focusing on the main competencies of valuation practice. This includes guidance and best practice on how to write Red book complaint reports. This will ensure that any valuation report meets RICS as well as international standards. 

    Course Benefit

    This course will give you the breadth of knowledge required to apply the principles of residential valuation on a day to day basis. Covering all key aspects of residential valuation, this course will give a full breakdown of the process for creating a residential property valuation to RICS and international standards.

    Who is this course for?

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

    Course Content

    The course is composed of 4 technical modules which will cover the application of the valuation competencies of inspection, measurement and valuation methodologies as required to value residential property as well as best practice for drafting residential property valuation reports:

    Module 0: Course Introduction
    Module 1: The Inspection – Context & Information
    Module 2: The Valuation Part 1 – Using Comparable Method
    Module 3: The Valuation Part 2 – Using Less Common Methods
    Module 4: The Report: Writing an RICS compliant report

    During this course you will have access to RICS Isurv to further support your learning.

    Exam

    After Module 4, there will be a final exam of 1.5 hours
    Learners will complete 50 multiple choice questions randomised from a question bank of 100.
    To pass the course, learners will need to score a min of 65%.
    Where a learner scores less than 65%, a second attempt will be possible. Any additional attempts must be requested to the Online Academy.
    The exam window will be one month.

    CPD Hours

    This course contributes toward 100 formal CPD hours.

    Certificate of Completion

    Only, upon passing the final exam, learners will be eligible to receive an RICS Certificate of Completion.

     

    Further Guidance

    training@rics.org
    +44 (0) 24 768 685 84

    Additional information

    Next available start date: 20 June 2017 - 10:00am

    Enrollment duration: 120 Days

    Languages: English

    Category: Property

    Member price: £595.00

    Price: £695.00

    Detailed course guide

    Course Type: Distance Learning