The SAIV Northern Branch Seminar took place on 15-16 September 2023 at Premier Hotel Roodevalley. Amongst the delegates was Tshepo Mosiane, one of the lucky winners of a complimentary seminar ticket. Tshepo entered the competition as a mentee of the SAIV Mentorship Programme and came out top as he raced against time to be
Introduction This article is a valuer’s perspective on the valuation of wind and solar farms in the context of Municipal Valuations. Perhaps it will elicit debate on the subject, as there have been a few different approaches. There hasn’t been any Court decision on this matter that I am aware of, therefore, it would
The KZN Branch Property Sector Review workshop took place on the 5th of October 2023 at Master Builders KwaZulu-Natal Conference and Training Centre in Westville. Delegates enjoyed several panel discussions on student accommodation, residential gated communities, retirement villages and commercial property. Our panellists included; Lezanne Burger, Founder and Managing Director of Camden Property Investments, Yianni
The SAIV Northern Branch Seminar took place on the 15th and 16th of September at Premier Hotel Roodevalley in Pretoria. Day one of the seminar opened on a high note with President of the Institute, Dianne de Wet, delivering the opening address sharing with the delegates that through this seminar, they should not only
What process should property owners or buyers follow when they are looking for valuation services? It should be a simple process to find a reliable and qualified valuer in your area. Here are some steps to consider when looking for valuation services: Research and Identify Potential Valuers: Start by conducting research to identify potential
Market and rental valuations/assessments in respect of immovable property The attention of property practitioners is drawn to the following: Duty applicable to all property practitioners: In terms of clause 34.3.1.8 of the PPRA’s Code of Conduct, property practitioners are prohibited from knowingly or negligently making material misrepresentations concerning the likely market value or
Commercial and industrial property owners across the country are bearing the brunt of unsustainable rates increases, which in turn, is negatively impacting South Africa’s economic growth, says Mark Govender who is based in Cape Town, and a member of Swindon Property’s national team of certified valuers. Govender says: “Increases in municipal property valuations and rates have resulted in substantial tariffs being
Why is it important to get your valuation reports from a qualified professional valuer? In the property valuation industry, it is widely recognized that valuation reports should be prepared by qualified professionals. These professionals have acquired the necessary education, training, and experience to accurately assess property values. They possess in-depth knowledge of valuation methodologies,
South Africa has fewer than 1 500 registered professionals in residential and commercial property valuation, and fewer than 650 valuer candidates; this demonstrates that property valuation is an untapped career path, says real estate property custodian South African Institute of Valuers (SAIV) president Dianne de Wet. She refers to the property valuers profession as “the best kept
Can valuation reports influence the market price of a property? Yes, valuation reports can indeed influence the market price of a property. Valuation reports are prepared by professional valuers who assess various factors such as the property's location, size, condition, comparable sales data, and market trends to determine its estimated value. These reports
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