Professional Valuer

SUMMARY:
Perform accurate valuations of fixed property.

POSITION INFO:

Primary Duties and Responsibilities

Job Requirements:

Provide property valuation service to external clients

• Objective appraisals of individual properties and client portfolios to determine accurate and current market and replacement cost valuations of properties
• Manage and execute the valuation process including the timetable, allocation and reporting functions where appropriate
• Accurate physical inspection
• Detailed market research
• Valuation calculations
• Fully motivated valuation report
• Report to client accurately and on time
• Deal with client queries professionally
• Secure cost recovery and payment of allocated fee

Promote the services of the Valuation division to private and group Clients in order to generate additional valuation fee income

• Generation of new sources of valuation income
• Identify possible new clients and retain existing clients
• Establish and maintain contact on a regular basis
• Attend networking functions including SAPOA and other industry bodies
• Liaise with colleagues re possible new clients
• Keep up to date with national and international trends in property valuations

Preparation of Valuations of Managed Portfolios covered by the Region including:

• The analysis and reviews of forecast information generated by property management
• Bi-annual valuations of MMI portfolio
• Presentation to AM and discussion thereof
• Support MMI AM in any requested areas such as market research, professional advice
• Responsibility for managing the municipal valuations of all MMI properties including alerting AM to new rolls, analysis of MV, objection and appeal where necessary
• Having knowledge of general market and economic conditions relative to individual properties in the portfolios.

Working with other divisions of the company in certain areas including:

• The preparation of property budgets
• Local authority valuations
• Municipal Valuation Rolls
• Undertaking ad hoc research and valuation work
• Budget control
• Ad hoc duties
• Responsibility for training and mentoring candidate Valuer

Important Characteristics

• To be in possession of a full South African driver’s license and reliable transport
• To have the flexibility and mobility to travel and work away from the office
• Strong background in commercial valuations and good knowledge of DCF and other investment valuation techniques
• Knowledge of MRI an advantage
• Competent time management skills
• Professional attitude and capability and personal initiative
• Be deadline driven

Skills Essential to the Role - Technical

• Registered as a Professional/Associate Valuer with the South African Council for the Property Valuation profession
• Have at least 1 year Years’ experience as a qualified Valuer
• Strong Proficiency in relevant computer packages (MS Office) and software packages
• Excellent attention to detail and numerate accuracy