- VALUATION QUESTIONS
are good communications between the valuer and client so important
for the valuation profession today?
is professional indemnity cover? Why is it necessary? Are there any
is meant by "sufficiency of instructions"? Sufficient for
the client, valuer or both?
determine an assignment plan? What are the advantages and
disadvantages of preplanning a valuation assignment?
factors determine the timeline of a valuation assignment? Are there
critical factors that cannot be changed under any condition?
should the fee be negotiated with the client? How are fees
is the position of the Trade Practices Act (Cth) and Fair Trading
Acts (states and territories) on the setting of valuers' fees?
should the assignment be confirmed with the client?
other and necessary factors have to be taken into account by a valuer
who delegates the assignment to other valuers and/or professionals?
the advantages and disadvantages of the sole operator compared to a
large valuation firm when carrying out valuation assignments?
11 What effect has privacy
legislation had on the valuation system? How
has it affected the collection of information such as sales and