Certified Practising Valuer
A Certified Practising Valuer is a person who, by education, training and experience is qualified to perform a valuation of real property.
Certified Practising Valuers have a role at the heart of property as an important part of the Australian economy. They’re usually working quietly behind the scenes in an objective and independent manner to help reduce risk and provide greater certainty for their clients.
Their clients include those involved in business of any description – as well as mum and dad investors they could be, for instance, overseas investors, rural landholders, hotel owners and operators, insurance advisors, stockbrokers, solicitors, mining companies or finance companies.
From buying a house to building a shopping centre Certified Practising Valuers can add value. When an individual is buying a house, the bank or other lending institution will engage a Certified Practising Valuer to value the property before making a decision on whether to approve the loan. A simple example of the role a Certified Practising Valuer can play at a commercial level is when a developer is planning to build, say, a shopping centre or subdivide land, a Certified Practising Valuer will be on board to make sure, for instance, the site is suitable and the developer is maximising their investment potential.
Certified Practising Valuers have always had an important role to play in business, and never more so in today’s volatile economic climate. Certified Practising Valuers, who are accredited with the API, are industry professionals, the most highly qualified and recognised property valuers and consultants in Australia, with expert knowledge of their local markets.
With their rigorous training and approach, and extensive background and expertise in the property field, Certified Practising Valuers, more than any other valuers, can help minimise investment risk to both lenders and borrowers by offering sound and reliable independent property valuations and associated advice.