Online Enrolments Residential Valuation Standing Instructions

Online Enrolments Residential Valuation Standing Instructions

The Residential Valuation Industry Group (RVI) has prepared a revised version of the ABFI Residential Valuation Standing Instructions Version 1.1.4 which came into effect on 23 October 2016. They provide a single set of Standing Instructions to be adopted by the industry with respect to PropertyPRO, Restricted and Progress Inspection Reports.

Completion of this year’s Standing Instructions Online Module is compulsory for Valuers undertaking residential valuation on bank panels (Lenders’ requirements may vary).  Valuers who seek or wish to maintain a place on a Lender panel must complete the module before they can commence panel valuation work for 2017.

Unlike previous years this year there is only one version rather than a long and short version.  All Valuers who undertake the course will complete the same module although some questions will be randomly selected, and in random order, for each participant.  

Please complete the module asap and prior to the 1 January 2017 (but please keep in mind that the API Offices will be closed from 5pm on the 21 December until 9am on the 3 January 2017.

The Residential Valuation Standing Instructions V1.1.4 Online Module is available from Monday 7 November 2016 and will be available up until 31 December. 

Cost is $20 and Members will be awarded 2 CPD points for completion.

For enrolments go to: www.api.org.au/course/residential-valuation-standing-instructions-version-114

Please further information, or if you have any questions, please contact education@api.org.au