CEV GROUP LAUNCHES EXPERT VIDEO ON REAL ESTATE VALUATION FOR ASPIRING IBBI VALUERS
UNLOCKING THE SECRETS OF REAL ESTATE VALUATION WITH CEV GROUP’S NEW VIDEO
For those embarking on the journey to becoming professional valuers, the Council of Engineers and Valuers (CEV IAF RVO) has released a groundbreaking video titled Mastering Real Estate Valuation: A Step-by-Step Guide for Beginners & IBBI Valuation Examination. This carefully curated video provides an in-depth breakdown of the crucial concepts that aspiring valuers must master to succeed in the IBBI Valuation Examination.
The video starts by addressing the fundamental differences between cost, price, and value. These concepts serve as the building blocks for any real estate valuation, helping candidates understand how these elements directly influence the value of a property. A key highlight of the video is its exploration of various types of value, including market value, intrinsic value, and other important classifications, providing a comprehensive understanding of how these concepts interact within the real estate market.
The CEV video further elaborates on the basic elements of value such as marketability, utility, scarcity, and transferability. These four pillars play a central role in determining a property’s market worth and are essential for anyone involved in real estate valuation. In addition, the video touches upon the physical, economic, legal, and social factors that can affect a property’s valuation.
As candidates prepare for their IBBI examination, the video also dives into advanced topics like valuation techniques—covering key concepts like capitalization, rate of capitalization, and the use of annuities in valuation. The practical use of valuation tables is also explored, enabling candidates to apply these methods effectively.
Another vital area covered is the impact of urban infrastructure on real estate values, along with a deep dive into real estate market dynamics, including the factors influencing demand and supply. With the rise of sustainable development, the video also introduces the concept of green buildings and their increasing influence on real estate value assessments.
The video is an essential tool for anyone seeking a thorough understanding of the valuation process and prepares them for success in the IBBI Valuation Examination. Whether you’re a beginner or an experienced professional, this guide offers valuable insights for navigating the world of real estate valuation.
