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Certificate in Residential Valuation Methodology

The Royal Institution of Chartered Surveyors
Course summary
100 hours
715 GBP excl. VAT
English
Online courses
Next available date: Distance - Online courses

Course description

Build on your existing knowledge of valuation by studying the leading industry valuation techniques for residential property, and gain experience in calculating valuations.

Isurv access is included for free for the duration of the course

Valuation underpins all property-based transactions. Consequently, many instruct and rely upon a professional property valuation in order to fully understand the transaction and the positions of the various parties involved. Through case-study work and real-life scenarios, this course has been designed to give you the detailed practical knowledge required for residential valuation, focusing on the main competencies of valuation practice. This includes guidance and best practice on how to write Red book complaint reports. This will ensure that any valuation report meets RICS as well as international standards.

This course will give you the breadth of knowledge required to apply the principles of residential valuation on a day to day basis. Covering all key aspects of residential valuation, this course will give a full breakdown of the process for creating a residential property valuation to RICS and international standards.

Suitability - Who should attend?

  • APC and Assoc. candidates who are on the valuation or commercial property pathway or other candidates
  • Any other professionals with at least 2 years of experience in valuation or who have completed the RICS Valuation Foundation Programme and wish to specialise or work with residential property valuations.
  • Professionals who need to create or work with commercial valuations on a day to day basis including valuers and professionals working in finance functions or departments who use residential valuation reports as part of their decision making process.

Training Course Content

Modules
The course is composed of 4 technical modules which will cover the application of the valuation competencies of inspection, measurement and valuation methodologies as required to value residential property as well as best practice for drafting residential property valuation reports:

Module 0 Course Introduction
Module 1 The Inspection - Context & Information
Module 2 The Valuation Part 1 - Using Comparable Method
Module 3 The Valuation Part 2 - Using Less Common Methods
Module 4 The Report: Writing an RICS compliant report
During this course you will have access to RICS Isurv to further support your learning.

Exam
After Module 4, there will be a final exam of 1.5 hours
Learners will complete 50 multiple choice questions randomised from a question bank of 100.
To pass the course, learners will need to score a min of 65%.
Where a learner scores less than 65%, a second attempt will be possible. Any additional attempts must be requested to the Online Academy.
The exam window will be one month.

Certificate of completion
Only, upon passing the final exam, learners will be eligible to receive an RICS Certificate of Completion.

Why choose The Royal Institution of Chartered Surveyors

Established for over 150 years

130,000+ qualified and trainee professionals

Training available in 5+ formats

Expenses

RIC Member: £595.00 + VAT

Non Member: £715.00 + VAT

About provider

RICS - The Royal Institute of Chartered Surveyors

The Royal Institution of Chartered Surveyors (RICS):
World's leading professional body for qualifications in land, property and construction

Our portfolio of courses helps teams and individuals to stay relevant and continue to upskill. We are here to provide support throughout your career – even when it changes direction. Currently, we are adapting to a digitalised age, getting to...


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Contact info

The Royal Institution of Chartered Surveyors

Parliament Square
SW1P 3AD London

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www.rics.org

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