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Land and Property Valuer and Auctioneer Careers

Land and Property Valuer and Auctioneer Careers

Resume Sample » Career Guide » Construction Careers » Land and Property Valuer and Auctioneer Careers

Work Environment:

As a land and property valuer and auctioneer, you'd evaluate the market price of commercial estates, land and buildings for customers, to increase profit from its leasing income or sale. Regional authorities also utilize these estimations to assist put rating and tax levels. Generally, valuers are entitled surveyors who do specialization in this specific area.

Being a land and property valuer, your work will include researching and writing thorough reports for customers regarding their properties. When the customer is satisfied with your conclusions, you'd arrange the auction, promote it to draw the attention of prospective bidders, and handle the auction procedure.

You'd also execute other tasks for customers, comprising:

  • insurance and business valuations
  • investment advice and appraisals
  • compensation evaluations
You'd be required to be familiar with the matters which can affect price, like economic, legal and social aspects, location, and business.

You might be capable to do specialization into dispute resolution, which can comprise behaving as a specialist witness if client begins legal procedures to resolve a dispute. You can also do specialization into valuing and auctioning equipment if a company is sold or shuts down.

Qualification, Education and Experience:

To be a land and property valuer, you'd usually necessitate a vocational qualification or degree acknowledged by the RICS: Royal Institute for Chartered Surveyors. Related subjects consist of:

  • economics
  • real-estate management: valuation and management
  • surveying
  • law
For additional details regarding acknowledged qualifications, see the website of RICS.

If you've a BTEC: HND/HNC or degree into surveying, you might be capable to initiate as a surveying technician and obtain additional training to completely qualify.

For this work, you'd require a driving license.

See the website of RICS, for further information on careers in valuation and providers of training course.

Training Details:

You must persist to upgrade your skills and knowledge all through your vocation. You'd generally accomplish this by achieving chartered status with the RICS: APC (Assessment of Professional-Competence) program.

While you're working, you'd have to accomplish RICS APC to be eligible for chartered status by the RICS. You'll necessitate experience of 2 years and you'll be required to get through with an interview by a board of assessors.

If you're an entitled surveyor, your company/employer would give you training with auctioneering. For additional information about auctioneering process, check the website of RICS.

The IRRV (Institution of Revenues, Rating and Valuation) provides training which covers the taxation, legal and valuation factors of this work. Furthermore, they provide a scheme of membership which can assist your career perspective. Visit the website of IRRV, for additional information.

You can acquire Fourth level NVQ into Valuation, provided by the ABBE (Awarding- Body for Built Environment, if you're operating as a surveying technician. You can apply for scheme of membership by the IRRV after accomplishing this qualification.

Skills and knowledge:

  • the capability to arrange written proof regarding disputes of valuation
  • excellent IT and mathematical abilities
  • outstanding negotiation skills
  • excellent managerial skills and the capability to execute a job under stress
  • superb presentation and communication abilities
  • a comprehensive understanding of related legislation
  • the capability to demonstrate diplomacy and tact all the time
Proficiency in foreign language might prove to be helpful if you desire to get a work opportunity in firms concerned in valuing properties overseas.

Salary and Other Benefits:

  • Initial remunerations for land and property valuer can be about £21,000 to £24,000 for a year.
  • By experience, the earnings can boost to around £25,000 to £37,000.
  • Annual earnings of chartered land and property valuers can be about £41,000.
Self employed land and property valuers settle their charges as per contract type and experience.

Working Conditions:

Generally, you'd work weekly for around 38 to 41 hours. Few property auctions and viewings might occur on weekends and evenings to increase attendance.

Your work would be a mixture of fieldwork and office work. Few auctions might take place outside when circumstances allow. You'd employ much of working time traveling to meet up customers and giving visits to worksites.

Different Opportunities:

You can discover work chances with various employers, like:

  • Valuation Office-Agency of government
  • regional authorities
  • civil service
  • surveying companies
  • estate-agencies
  • banks and construction societies
  • auctioneers
By experience, you can work as a self employed consultant, be a project manager, or partner of company.
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