RICS 7-tier Property Valuation Framework Webinar CPD - Approaches and Methods - Dr Tarek Madany

In the intricate world of #property #valuation, professionals often need help to select the most appropriate approach and method for their assessments. This webinar, titled "The 7-tier Property Valuation Framework: Mastering Method Selection," aims to unravel this complexity by introducing a comprehensive framework tailored for property valuers.

The webinar delves into the nuances of the three primary approaches – Market, Cost, and Income – and explores the intricacies of the five main methods of valuation: the Comparable Transaction method, Investment Method (both Traditional and Discounted Cash Flow), Residual, Depreciated Replacement Cost (DRC) method, and the Profits method.

A key highlight of the webinar is the introduction of the Property Valuation Framework, a strategic tool designed to guide valuers in making informed decisions about which approach and method to employ. The framework emphasises the importance of various inputs such as the type of amount (Price, value, cost, or worth), the purpose of the valuation, assumed use (type of asset), the premise of value, and the basis of value.

By dissecting these elements, the webinar aimed to provide participants with the right mindset and practical strategies to navigate the decision-making process in property valuation effectively. This session is an invaluable opportunity for every property valuer, whether novice or experienced, to enhance their understanding and application of valuation methods in a diverse range of scenarios.

Objectives of the webinar:

1. Learn to effectively utilise the 7-tier Property Valuation Framework, integrating key inputs like the type of amount, valuation purpose, and asset type.
2. Develop enhanced decision-making skills for selecting appropriate valuation methods in diverse situations.
3. Acquire practical skills in applying theoretical knowledge to real-world property valuation cases.
4. Enhance professional competence and confidence in conducting comprehensive and accurate property valuations.

About the presenter:
  / tarekmadany  

Link to the RICS online Academy:
https://academy.rics.org/