Land & Property Valuer & Auctioneer
Job Description:Valuers and auctioneers give advice to people buying, selling and renting land or property.
Job Category:What you will do:
In this job, you’ll:
- estimate the market value of land, buildings and commercial property
- research and write detailed reports for clients about their assets
- organise auction sales
- market auction sales to attract potential bidders
- manage the auction process
- carry out business and insurance valuations
- complete compensation assessments
- offer investment appraisals and advice
- keep up to date with regulations and the market
Skills:
You’ll need:
- maths knowledge
- knowledge of building and construction
- to be able to use a computer and the main software packages competently
As well as:
- to be thorough and pay attention to detail
- analytical thinking skills
- the ability to use your initiative (drive)
- excellent verbal communication skills
- excellent written communication skills
- the ability to use your judgement and make decisions
- organisational skills
Entry Requirements:
To become a Land & Property Valuer & Auctioneer, you typically need a combination of specific subjects and qualifications. This profession involves assessing the value of land and properties and conducting auctions. While educational requirements can vary, here are the typical subjects and skills that can be beneficial:
- Mathematics: Mathematics is crucial for performing property valuations, calculations, and financial analysis. You’ll need a strong foundation in mathematical concepts.
- English Language: Effective communication is essential in this profession, as you’ll need to write detailed property reports, communicate with clients, and conduct auctions.
- Business Studies or Economics: These subjects can provide you with a fundamental understanding of economic principles and business concepts, which are important when assessing property values and working in the real estate market.
- Geography: Geography can be helpful for understanding land use, environmental factors, and regional property markets, all of which can impact property valuations.
- ICT (Information and Communication Technology): Proficiency in using computers and property valuation software is important for analyzing data and producing reports.
Post School
You can get into this job through:
- a university course
- an apprenticeship
- working towards this role
- specialist distance learning courses
University
You’ll usually need a degree or professional qualification approved by the Royal Institution of Chartered Surveyors (RICS) to become a land and property valuer.
Relevant degrees include:
- real estate management
- property development and valuation
- building surveying
- quantity surveying and commercial management
If you have a non-accredited degree, for example, economics, law or maths, you could take an accredited postgraduate qualification in surveying.
You could also do a postgraduate qualification through a company graduate trainee scheme or learning online with the University College of Estate Management.
Apprenticeship
You can get into this job through a chartered surveyor degree apprenticeship which has a property option.
You’ll combine learning in the workplace with studying for a RICS accredited degree (Royal Institution of Chartered Surveyors – a global organisation) or postgraduate qualification at an approved university.
Work
You could start as a surveying technician and work your way up to a valuer or auctioneer role through further training.
Other Routes
You can study for relevant qualifications by learning online with the University College of Estate Management for example.
Working Hours and Environment:
Your typical working hours could be variable.
You could work at a client’s home, at a client’s business or in an office.
Your working environment may be outdoors some of the time and you’ll travel often.
Career Path & Progression:
With experience, you could become a project manager, company partner or work as a freelance consultant.