VALUER'S
JOB PROFILE
The
valuer in the typical capitalistic economy has 2 important tasks:
-
the
determination of the market value of either an annual amount (rent) or
lump sum.
-
to
act as adviser to the real estate investor.
Both
tasks are found in the government and private sectors. For example, a
statutory valuation for property tax purposes is only a variation of
the market value concept used in the private sector.