The API/PINZ Valuation Guidance Paper (VGP) – Considerations when forming an opinion of value when there is a shortage of market transactions has been released as an Exposure Draft.

The purpose of this VGP is to impart advice to Members who provide valuation services during times of and in market segments where there is a shortage of market transactions as at the valuation date.  Please click here to access the Exposure Draft.

The Standards Steering Committee (SSC) has approved this release and encourages Members and stakeholders to review the Exposure Draft VGP and invites comment and feedback by no later than Friday 5 September 2020. Should you have any queries, please contact standards@api.org.au.