The work you will undertake in the property sector varies depending on the needs of the client. A good example is the work involved in valuation. People require valuations for different purposes, and depending on those purposes, the valuation report must be adapted accordingly.
This is why it is so important for a valuer to obtain their instructions for a job in writing, so everyone understands exactly what work is going to be done. Instructions to valuers are the equivalent of an agency selling or leasing agreement or instructions from an owner’s corporation telling a strata agent what tasks to perform.
The type of valuation report you are asked to undertake will determine the type of information you might need.
ASSIGNMENT: Analyse Property and Facility Information – Capitalisation Model Worksheet Part A
ASSIGNMENT: Analyse Property and Facility Information – Written Assignment Part B
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