Valuers assess land, property and other items such as commercial equipment and objects of art, and provide advice about the administration and commercial use of land and property.
Duties & Tasks
Valuers may perform the following tasks:examine items and select appropriate methods of evaluation
calculate values by considering market supply and demand, condition of items, future trends and other factors (location, size, topography, zoning legislation, and the availability of services, such as transport, community facilities and parking, in the case of real estate, for example)
submit written assessments of value
provide consultancy advice about valuation matters
give evidence in legal proceedings and mediate valuation matters
provide rental valuations for arbitration purposes.
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.
good character and reputation
good communication skills
reasonable ability in mathematics
sound judgment and good analytical skills.