Course Description: Real Estate Valuation

The course description outlines the objectives, content, and requirements of the course.

Real estate valuation is a complex task that demands expertise, discernment, and practical knowledge. Valuing a property cannot be done in a prescribed manner; it is left to the discretion of the valuer. This course serves as an introduction to the fundamentals of real estate valuation, including its objectives, procedures, and various methods and approaches used.

The course aims to equip candidates with the necessary skills and knowledge to comprehend the real estate valuation process. Participants will gain a solid understanding of key concepts and industry practices. Additionally, they will acquire practical knowledge on various techniques used in real estate valuation.

The following topics will be covered in the course:

• Gaining insight into the attributes of the real estate market.
• Comprehending the impact of real estate on the economy.
• Gaining knowledge about different forms of ownership.
• Gain knowledge about the role of a real estate appraiser and their job responsibilities.
• Gain a clear understanding of the objective behind real estate valuation.
• Gain an understanding of the fundamental principles behind real estate appraisal and valuation.
• It’s important to grasp the distinctions among market value, fair value, price, cost, and investment value.
• Gain a thorough understanding of the various evaluation methods and their respective applications.
• Comprehend the essential criteria outlined in the evaluation report.
• Comprehending the code for measuring.