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the Valuation Profession
Firstly, you have to enrol at an educational institution accredited by the Council for the course that includes the prescribed or recognised examinations. Thereafter you have to register as a Candidate Valuer with the South African Council for the Property Valuers Profession (SACPVP). Thirdly after one has acquired industry experience of the nature and scope as expected by the SACPVP. The above are all important steps in starting careers in the profession.
Property valuers is someone who gives professional advice to individuals, businesses state institutions etc, who buy, sell, rent and property. They estimate the market, insurance value, of property, to help their clients maximise their profit from a sale or rental agreement or get accurate insurance quotes.
A professional valuer is a person who has complied with the practical experience requirements for registration and has passed the admission examination for professional valuers. A professional associated valuer without restrictions is a person who has complied with the practical experience requirements for registration and has passed the admission examination for professional valuers. A professional associated valuer with a restriction is a person who has complied with the practical experience requirements for registration and has passed the admission examination for professional associated valuers.
A candidate valuer is merely a valuer in training: to register as a candidate valuer one must have completed one of the qualifications listed above, is involved in the valuation of property and has secured a mentor (Professional) who will offer training and development until they are registered as a Professional
- Estimating the market value of properties
- Helping clients to maximise profits from the sale or rent of their property
- Conducting research into client’s assets
- Writing detailed valuation reports
- Estimating insurance valuations
- Completing compensation assessments
- Offering investment appraisals and advice
- Resolving disputes around property sales
- Keeping up to date with the property market.
- Knowledge of building and construction
- Excellent communication skills
- Good math and analytical thinking skills
- Ability to pay attention to detail.
University of Cape Town
(Department of Construction Economics & Management)
- BSc (Hons) Property Studies together with BSc (4 year degree) – Full Accreditation
- Post Graduate Diploma Property Studies – Full Accreditation
- MSc Property Studies– Full Accreditation
Cape Peninsula University of Technology
- National Diploma Real Estate (Property Valuation) – Full Accreditation
University of the Witwatersrand (Wits University)
- BSc Property Studies (4 year degree) – (Full Accreditation)
- Post Graduate diploma in Property Studies
University of Johannesburg
- National Diploma Real Estate (Property Valuation) – Qualification discontinued end 2012. This diploma is accredited but no longer offered to new applicants meaning if you already have the qualification then the SACPVP will recognise it.
- BCom (Hons) in Property Valuation & Management together with BCom Finance (4 year degree) or together with Advanced Diploma in Property Valuation & Management or bridging course – Full Accreditation.
University of Free State
- Master of Land and Property Development Management M.L.P.M. (M Prop): Property Valuation – Conditional Accreditation.
University of Pretoria (Department of Construction Economics)
- MSc Real Estate – Full Accreditation.
- BSc (Hons) Property Studies together with BSc (4 year degree) – Pending Accreditation.
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Copyright © 2022 Office of the Valuer-General South Africa. All rights reserved.