Event

Webinar: Scope of Works 101

  • 31 October 10:00 am – 11:00 am
  • Save to Calendar
  • CPD Points: 1.00
  • Access Restrictions: The recording of this webinar is only available through the Property Institute site to people who have purchased access using the Register button on this page.
  • Duration: 60:00
Pricing
$57.50 Members
$115.00 Non Members

About the Event

The process of documenting and agreeing with a client the nature of the valuation and the scope of work to be undertaken - known as “terms of engagement or service” – is a critical part of every valuation assignment.

The purpose of reporting and the report format, limitations, assumptions, timescales, and terms of payment regimes are all key considerations – and always important no matter what the task is.

Understanding what is agreed between the valuer and their client, the boundaries and or limitations, and the communication of the professional obligations of valuers such as mandatory compliance with standards, is vital.

This webinar will examine what that behaviour looks like, taking participants on a tour of the mandatory standards expected of them and in the process help unravel the pitfalls and uncertainties typically faced by valuers in this area.

It will also provide some ideas for developing a suitable framework for guiding less sophisticated clients in terms of choosing the most appropriate level of service and advice that will be most likely to be meaningful and helpful to them – but at the same time being ethically compliant and meeting professional valuation standards.

CPD Point

Members please note, you will be required to complete a participation verification question before your CPD points will be automatically allocated to your CPD diary.

Speakers

  • John Darroch. FNZIV, FPINZ

    • Director Valuation Services Auckland
    • North Harbour Valuers Ltd

    Property and Valuation Standards Board Member

    John is an Auckland based Commercial Valuer and is the Director of NH Valuers, which covers Commercial, residential and lifestyle property markets around Greater Auckland. As a past Chair and still current member of the PINZ Standards Board, John has first hand knowledge of current standards both local and International. Specialist workstreams John is involved in include Expert Witness, Arbitrations/ rent disputes and Compensation Valuations.