Happy New Year to all NZIV members, and welcome to 2024.
I hope many of you managed to get away from work for a while and enjoy some sunny summer weather with friends and family.
For NZIV's part we have a busy year planned, with an ambitious work programme that includes more events closer to home (see Valuers Summit details below).
Wishing you all the best for the year ahead.

Heather Beard
President
New Zealand Institute of Valuers
Email:President@NZIV.org.nz
NZIV Survey Reminder
NZIV Members are reminded to participate in our 2024 Annual Survey.
The survey forms an important part of our annual planning process and helps your Council identify member priorities.
The survey closes on February 28, and if you missed the invitation to participate please email HERE and we will send you the link upon confirmation of member status.
Branch AGM Reminder
Branch Annual General Meetings are underway throughout the country and members are again encouraged to participate and show their support for their local team.
Our Branch network gives strength to the Institute and those grassroots connections are a unique point of difference for NZIV and PINZ as member-led organisations. 
To find out when, and where, your local Branch AGMs are being held click HERE.
Valuers Summits
NZIV is hosting a number of Valuer Summits in 2024.
In an effort to help you plan for your annual CPD the following events are coming to a place near you this year.  Each Summit is worth six CPD points.

Regional Valuers Summit Auckland
10 April
The Regional Valuers Summit is coming to Auckland on Wednesday 10th April.
This day comprises of six hours of continuing professional development specific to Valuers and will include the NZIV approved compulsory Standards and NZIV approved compulsory Ethics sessions in the programme.
Event sponsors LPMS
  
Regional Valuers Summit Nelson / Marlborough
02 May
The Regional Valuers Summit is coming to Nelson / Marlborough on Thursday 2nd May.
This day comprises of six hours of continuing professional development specific to Valuers and will include the NZIV approved compulsory Standards and NZIV approved compulsory Ethics sessions in the programme.
  
Regional Valuers Summit Tauranga
12 June
The Regional Valuers Summit is coming to Tauranga on Wednesday 12th June.
This day comprises of six hours of continuing professional development specific to Valuers and will include the NZIV approved compulsory Standards and NZIV approved compulsory Ethics sessions in the programme.
 
 Virtual Valuers Summit 2024
05 November / 06 November
Split over two morning sessions the Virtual Valuers Summit includes the NZIV compulsory ethics module and the NZIV compulsory standards module.
Please note: CPD points will be awarded to registrants participating in the live event only. This event will not be available for later viewing.
Research Project
We encourage members to consider participating in the below research project led by Associate Professor Abdul-Rasheed Amidu from the University of Auckland;

PROJECT TITLE: KNOWLEDGE SHARING BEHAVIOUR IN COLLABORATIVE VALUATION ENGAGEMENTS

University of Auckland Property Department are conducting this research because there is currently limited information regarding the extent of knowledge sharing and collaboration among Registered Valuers, as well as the associated benefits and barriers that influence the overall quality of valuations. This investigation is crucial because the valuation quality serves as a vital confidence-building mechanism for market participants, including buyers, sellers, and lending institutions, ensuring they are well-informed.
Kindly click this link to participate in the study. A Participant Information Sheet (PIS) that give details of the study as well as an online survey is provided. Please note that participation is voluntary, and you can withdraw from the study at any time up until you submit your survey responses. By submitting the online survey, you are consenting to participate in the research
You can also contact the researcher via the contact detail below if you would like to find out more about the study. Thank you.
  
Associate Professor Abdul-Rasheed Amidu
a.amidu@auckland.ac.nz
IVS Standards Update

As of 31 January 2024, IVSC released the latest updates to the International Valuation Standards (IVS)
This comprehensive update includes the addition of new chapters, encompassing Data and Inputs, Valuation Models, and Reporting. The revised standards, effective from January 2025, also place increased emphasis on integrating ESG considerations into the valuation process.
There is also a focus at IVS 100 Framework 20.1 – 20.8 in relation to “ Valuation Process Quality Control”. If you are considering early adoption you must meet all of the requirements in this and all other sections.
PINZ will be conducting training sessions throughout 2024.
Members can access these standards for download via the PINZ website HERE. Additionally, a 'red-line' version of the standards has been published to highlight changes made from the previous edition.

Blue Hancock
Chair
Property and Valuation Standards Board 






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