Valuer
Valuers assess land, property and other items such as commercial equipment and objects of art, and provide advice on the administration and commercial use of land and property.
Valuers may perform the following tasks:
- examine items and select methods of evaluation
- calculate values by considering market demand, condition of items, future trends and other factors (e.g. location, size, zoning legislation and the availability of services, such as transport and parking, in the case of real estate)
- submit written assessments of value
- provide consultancy advice on valuation matters
- give evidence in legal proceedings and mediate on valuation matters
- provide rental valuations for arbitration purposes.
Specialisations:
Valuers may specialise.
Real Estate Valuer
A real estate valuer works in the valuation of city, suburban or country real estate and in particular areas such as commercial, industrial, residential, rural, financial reporting, hotel and business properties, or plant and machinery. They may perform the following specific tasks:
- consult with solicitors, surveyors, town planners, architects, accountants, property developers, owners and financiers
- analyse property investment returns
- act as expert witnesses to argue on behalf of people whose property has been repossessed
- work out appropriate rentals
- provide market valuation reports.
Valuations are made for many different purposes, such as rating and taxing, finance, financial reporting, investment, insurance, rental, sale and purchase. A significant proportion of a valuer's time is also spent writing reports. A valuer's competence is largely judged on the quality and thoroughness of a report. Valuers have a lot of contact with the public and may be required to spend a lot of time travelling.
Personal Requirements:
- good character and reputation
- good communication skills
- reasonable ability in mathematics
- sound judgment and good analytical skills.
Related Jobs:
Education and Training, Employment Opportunities and Additional Information
Select the State/Territory you are interested in: