Providing graduates with quality education and training pathways

The Future Property Professionals Program was developed and implemented by the API to provide graduates with quality education and a training pathway from academic excellence to property professional competency.  Designed by property professionals, educators and technical experts the program focuses on the skills required to prosper in a dynamic professional environment.

The Future Property Professionals Program provides all those seeking Provisional Membership with Residential Property Valuer and Associate Membership with Certified Practising Valuer with additional skills on their pathway to membership.

Completion Requirements

 

The number of Future Property Professionals modules required to be completed are determined by the membership level being applied for.  In certain instances, additional professional experience may reduce the number of modules required.

 

Please select the membership level below for more information on the requirements:

Provisional Membership with Residential Property Valuer

Compulsory Modules

The following modules must be completed:

  • API Ethics and Code of Professional Conduct
  • Data Collection & Networking
  • Introduction to Professional Risk
  • Preparation for Professional Interview – Residential Property Valuer
  • Professional Communication
  • Written Communication
  • Inspection, Recording and Measurement
  • Professional Standards
  • Introduction to Risk Management Module 
  • Risk Management Module
  • International Valuation Standards Module

 

Exceptions

Candidates with over three years of Approved Professional Experience (APE) are required to complete the following modules only:

  • API Ethics and Code of Professional Conduct
  • Preparation for Professional Interview – Residential Property Valuer
  • Professional Standards
  • Introduction to Risk Management Module
  • Risk Management Module
  • International Valuation Standards Module

 

Please note:

Anyone conducting residential mortgage valuations utilising PropertyPRO, must complete the Australian Banking and Finance Industry Residential Valuation Standing Instructions Module.  This must be completed prior to commencing work but is not a requirement of your API membership application.

Associate Membership with Certified Practising Valuer

Compulsory Modules

The following modules must be completed:

  • API Ethics and Code of Professional Conduct
  • Data Collection & Networking
  • Introduction to Professional Risk
  • Preparation for Professional Interview – Certified Practising Valuer
  • Professional Communication
  • Written Communication
  • Inspection, Recording and Measurement
  • Professional Standards
  • Introduction to Risk Management Module
  • Risk Management Module
  • International Valuation Standards Module

 

Electives

Three of the following modules must be completed:

  • Building Inspection
  • Compulsory Acquisition
  • Corporate Real Estate
  • GST
  • Leases
  • Spatial Analysis

 

Exceptions

Candidates with over three years of Approved Professional Experience (APE) are required to complete the following modules only:

  • API Ethics and Code of Professional Conduct
  • Preparation for Professional Interview – Certified Practising Valuer version
  • Professional Standards
  • Introduction to Risk Management Module
  • Risk Management Module
  • International Valuation Standards Module

 

Please Note:

Anyone conducting residential mortgage valuations utilising PropertyPRO, must complete the Australian Banking and Finance Industry Residential Valuation Standing Instructions Module.  This must be completed prior to commencing work but is not a requirement of your API membership application.

Associate Membership with Certified Practising Valuer (Business)

Compulsory Module

The following modules must be completed by all candidates, irrespective of experience:

  • API Ethics and Code of Professional Conduct
  • Introduction to Professional Risk
  • Preparation for Professional Interview (CPV) version
  • Professional Standards
  • Introduction to Risk Management Module
  • Risk Management Module
  • International Valuation Standards Module
Associate Membership with Certified Practising Valuer (Plant and Machinery)

Compulsory Modules

The following modules must be completed by all candidates, irrespective of experience:

  • API Ethics and Code of Professional Conduct
  • Introduction to Professional Risk
  • Preparation for Professional Interview (CPV) version
  • Professional Standards
  • Introduction to Risk Management Module
  • Risk Management Module
  • International Valuation Standards Module

Available Modules

 

The API has created a range of Modules which form the Future Property Professionals Program. These Modules have been heavily subsidised by the API.

Compulsory Modules

Data Collection & Networking

The Data Collection and Networking Module is designed to provide an understanding of how to effectively collect property related data as well as tips on how to establish and maintain a professional network.

 

Pricing

$56 – Members

$80 – Non-Members

Introduction to API Ethics and Code of Professional Conduct

As a Member of the API, understanding and abiding by the API’s Rules is vital.  This Module is designed to provide knowledge and guidelines on API ethics & our Code of Professional Conduct including where to access them and how they fit into the wider issues of governance and public interest.

 

Pricing

$56 – Members

$80 – Non-Members

Introduction to Professional Risk

Risk is a constant companion for those working in property but these risks can be managed.  Risk is of such critical importance that it is the focus of two of the modules within the Future Property Professionals Program.  The Introduction to Professional Risk module is aimed at highlighting the areas to be aware of, and the risks associated with entry into your professional life.

 

Pricing

$65 – Members

$105 – Non-Members

Preparation for Professional Interview - Certified Practicing Valuer

The purpose of this module is to ensure that applicants for Associate Membership with Certified Practising Valuer are familiar with the formal admission requirements, the application documentation which accompanies membership applications, as well as the Professional Interview requirements.

 

Pricing

$56 – Members

$80 – Non-Members

Preparation for Professional Interview - Residential Property Valuer

The purpose of this module is to ensure that applicants for Provisional Membership with Residential Property Valuer are familiar with the formal admission requirements, the application documentation which accompanies membership applications, as well as the Professional Interview requirements.

 

Pricing

$56 – Members

$80 – Non-Members

Professional Communication

Professional communication is a vital skill in day to day business. From interacting with colleagues to producing a report for a client to closing a big deal, the more professional the standard of communication, generally the better the results of the interaction.

 

Pricing

$56 – Members

$80 – Non-Members

Written Communication

Property professionals provide advice on a wide variety of property related issues to an equally wide range of clients. The Written Communication module covers the basics of ensuring that your written communications achieves its proposed outcomes.

 

Pricing

$56 – Members

$80 – Non-Members

Inspection, Recording & Measurement

The Inspection, Recording & Measurement Module has been developed to address the many issues presented to a property professional when collating pre-inspection information, carrying out an inspection, measuring a property and the recording of the information observed during an inspection.

 

Pricing

$56 – Members

$80 – Non-Members

Professional Standards

The API produces a wide range of Guidance Notes, Practice Standards and Information Papers which are vital knowledge for API Members to ensure that the reports they create and advice they provide to clients they provide is consistent with these pronouncements. The Professional Standards Module is an introduction to the Australia and New Zealand Valuation and Property Standards which apply to all members of the API.

 

Pricing

$56 – Members

$80 – Non-Members

Risk Management Module

The current Risk Management Module includes three parts.  People who have not completed a Risk Management Module before must complete all three parts.  Part 1 (Introduction to RMM) is completed online, Part 2 (Workshop) is available face to face or online and Part 3 (Online Assessment) is completed online.  To view dates for the face-to-face workshops, click here. Please see the following link for enrolment:

  • Introduction to Risk Management Module
  • Risk Management Module

 

Pricing

$225 – Members

$375 – Non-Members

International Valuation Standards Training Module
  • Identify the new requirements contained within International Valuation Standards
  • Implement the steps necessary for application and compliance with these new standards
  • Define the key stages required form initial instruction to final report, included in the general standard IVS 101-105
  • Provide/interpret IVS compliant valuation reports

 

Pricing

$56 – Members

$80 – Non-Members

Electives

Building Inspection

The Building Inspection module has been specifically written to cover many aspects of inspection buildings for valuation purposes. It incorporates valuation standards for the inspection of buildings and Australian Standard AS 4349.1-2007.

 

Pricing

$56 – Members

$80 – Non-Members

Compulsory Acquisition

The compulsory acquisition of privately owned land by Governments and other authorised authorities is an interference with the common principles protecting private property rights. Where property professionals are engaged to represent dispossessed owners or acquiring authorities in this process, is required that they have a good knowledge of statutory procedures, case history, statutory process, law, and the API’s Practice Notes on this subject. Where necessary, the property professional may be required to act as an expert witness in Court proceedings concerning assessment of compensation.

 

Pricing

$56 – Members

$80 – Non-Members

Corporate Real Estate

Property Professionals work in many and varied areas. As with all other professions, it is vital that those who work in one sector of an industry have a clear understanding of the roles undertaken by those who work in other sectors. This Module is designed to provide a different perspective to the property industry for those working in valuation including property investment returns and development profits.

 

Pricing

$56 – Members

$80 – Non-Members

Goods and Services Tax (GST)

Put simply, the understanding of GST and its application is a not-negotiable skill for those working in the property sector. This is an introductory course on the application of GST on various property issues. The notes provide guidance in the management, development and valuation of real estate.

 

Pricing

$56 – Members

$80 – Non-Members

Leases

Leases play an important role across all forms of property. This module highlights the importance of leases and all the factors that must be considered with a lease including rent reviews, options, lease expiry and release of a lease. The relevant legislation surrounding a lease is also discussed.

 

Pricing

$56 – Members

$80 – Non-Members

Spatial Analysis

The Spatial Analysis module introduces you to spatial data, geographic information systems and spatial analysis. To undertake spatial analysis, you first need spatial data to work on and geographic information systems to work within.

 

Pricing

$56 – Members

$80 – Non-Members