Certificate in Commercial Valuation Methodology

Commercial real estate valuation can be opaque and difficult to decipher and yet is a crucial element of today’s investment and development. Valuations are vital to a healthy property/asset market and a stable economy, forming the basis of performance analysis, financing decisions, transactional or development advice, dispute resolution, taxation and various statutory applications. Professionals who have the skillset to value commercial properties will always be in demand.

The Certificate in Commercial Valuation Methodology will advance your skills in the core valuation methods used for commercial real estate, such as the investment method and the residual method. Through interactive online learning, realistic case studies and forum interaction with our expert tutor, will help you apply the correct process and calculation for each method.

We will start by introduction to common valuation approaches, how to identify the key drivers of real estate value, and how to fit these together with skills of inspection and measurement. Building on the initial theories, more sophisticated methodology and practice will be covered that combine in the production of high-quality valuation reports.

As one of the leading international professional body in real estate, RICS promotes and enforces the highest professional qualifications and standards. Throughout the course study, we will get familiar with the international valuation standards of IVS compliance RICS Red Book, IPMS (International Property Measurement Standard), as well as RICS latest guidance and learn how to apply this to your work.

This course will benefit you if you already have some foundational knowledge of valuation but are looking to increase your knowledge and competence to take your career development to the next level.

Studying your APC? This course is taught by an APC Chairman with extensive experience of commercial valuations and has been developed to support you with the valuation competency.

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

• Module 1: Context and information gathering for valuation
• Module 2: Comparable method and the market
• Module 3: The Investment Method and Four Techniques
• Module 4: Residual Method with Two Techniques
• Module 5: Depreciated Replacement Cost and Profits Method
• Module 6: Valuation Standards and the client
• Module 7: Getting qualified

For more information on the topics covered within each module, please download the course guide. 

This course is for you, if

• You have a foundational knowledge of valuation methodologies
• You are an APC candidate on the Commercial Real Estate or Valuation pathway
• You are an experienced Residential valuer looking to move into commercial property valuation

Are you from outside of the UK?

Wherever you are in the world, you’ll have a lot to gain from this course.

The valuation methods covered in this course are used by valuers across the world. RICS’ Valuation Standards are compliant with the International Valuation Standards and are from the Global Red Book 2022, applicable to all RICS Valuers worldwide.

At some points in the course, UK specific regulation will also be studied from the UK Supplement to the Red book. This will always be clearly labelled, but the course does not cover regional guidance or legislation from outside of the UK.

• Identify and gather all relevant information to conduct a commercial property valuation
• Recognise the complexities of the commercial property markets
• Produce complex analysis of comparable rental valuation
• Familiarize with key valuation methods theories and techniques
• Select and implement the appropriate methodology for a given property scenario
• Write valuations reports that are compliant with professional, technical and performance standards

On completion of all the course, you’ll take a program examination to test knowledge. A certificate of completion will be awarded after passing the end of course assessment.

Please be aware that this is a professional training course, aimed to give you the practical knowledge need to succeed in your career. It is not an accreditation and does not lead directly to membership of RICS, or to becoming a registered valuer. If you are interested in becoming RICS qualified, please check out this page.