Certificate in Residential Valuation Methodology

Build on your existing knowledge of valuation by studying the leading industry valuation techniques for residential property, and gain experience in calculating valuations

Accurate and reliable residential valuations are in demand

Twitter: #RICSresi

Overview

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.

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 would this course benefit?

• APC/Assoc candidates on the pathway of Valuation, or Residential Valuation pathway or other candidates
• Professionals with at least 2 years of experience in valuation or who have completed the RICS Valuation Foundation Programme
• 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
• Residential professionals seeking to expand their practice to valuation, or junior valuers or related professionals seeking to obtain valuation certificate/valuer license or international recognition

Learning outcomes

By the end of this course, you will be able to:

• 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

Course Structure

Introduction – Meet the Trainer & Your Peers 

Module 1 – Context and information gathering for valuation 

Module 2 – The valuation part 1: comparable method 

Module 3 – The valuation part 2: using less common methods 

Module 4 – Valuation standards and the client 

Module 5 – Getting qualified 

Online Course Exam

Course Assessment

You will be assessed through an online examination within the RICS Online Academy. The examination will take place within a one-month window at the end of the programme. You will also receive a certificate of course completion confirming you have successfully attended and passed the Certificate in Residential Valuation Methodology.

Reviews

Adds depth and breadth to support practicing valuers and APC candidates

Created on 29/01/2018

"If you work for a big residential valuation provider you will have access to in house training - you are the lucky few. I did not have access to residential focused learning material and this made my role challenging. The academic literature available in this area is limited, most study at a higher level is about commercial valuation. This course gives residential valuation the focus it deserves and adds depth and breadth to support practicing valuers and APC candidates"