Certified Practising Valuer

What is a certified practising valuer?

A certified practising valuer (CPV) is an individual who possesses the qualifications and certifications to conduct a valuation of properties. They are registered by the Australian Property Institute (API) and also known as sworn valuers. 

What do certified practising valuers look at? 

Certified practising valuers assess various factors to determine the value of real property. These factors may include the property's: 

• Location
• Size
• Condition
• Comparable sales in the area
• Zoning regulations
• Unique features

Additionally, they consider economic conditions, environmental factors, and other elements that can impact the property's value. Their goal is to provide a comprehensive and accurate valuation based on a thorough look of both the specific property and its broader context in the real estate market. 

How do certified practising valuers earn their income? 

Certified practising valuers typically earn money by charging a flat fee or percentage of the property’s value. The amount can vary based on factors such as the complexity of the valuation, the type of property being assessed, and the scope of the assignment.