One of the main tools in the sales arsenal of an estate agent is producing market-related property valuations for their clients. However, SAIV (the South African Institute of Valuers) has made strong objections to the PPRA with regard to this, stating that agents are neither qualified nor legally allowed to conduct valuations, and are
The South African Institute of Valuers (SAIV) hosted its highly anticipated 114th National Annual General Meeting (AGM), Seminar, and Networking Dinner at the exquisite Devonvale Golf & Wine Estate in Stellenbosch, Western Cape. The event, held from the 18th – 19th May , brought together professionals from the property industry across South Africa. With
16 January 2023. The environmental, social and governance (ESG) framework is a critical topic. The green premium drives the need for investors, property owners and property valuers to focus on ESG and incorporate these factors into their investment and valuation criteria. Concerning the valuation industry, in simple terms, it means that the property sector can
One of the roles of the property valuer is to value a home. How they do that is based on a large number of factors, not least of which is an understanding of market conditions, local market demand, and previous sales in the locale among them. The South African Institute of Valuers (SAIV) is
The Aftermath of the KZN Floods and Looting: the Silver Lining on the Property Market The aftermath of the KwaZulu-Natal (KZN) floods and looting has been nothing short of devastating to its communities, the economy and the property market. With the riots having begun on the 9th of July 2021 and lasting well over
Over the last couple of months, the commercial property sector has experienced challenges that posed threats to recovery following lockdowns in 2020 and 2021. The 2021 July unrest in some parts of Kwazulu-Natal (KZN) and Gauteng and the recent floods in KZN saw properties damaged while the sector was still recovering from Covid-19. Malusi
After meeting with Malusi Mthuli, president of the South African Institute of Valuers (SAIV), towards the end of last year, we caught up with him more recently at first-year orientation week at Wits University. he outlined for us the importance of the SAIV as well as the opportunities that the valuations industry can offer
Dear Members, It’s been a while since I jotted a note to our esteemed members. As you are all aware, there have been a lot of developments inside and outside of the SAIV in the past year. I would like to share these experiences with the hope of leaving you with a better sense
