Company Profile
Valuations WA is an independent Perth Property Valuation and Real Estate Consultancy company. Located in suburban Osborne Park our office provides valuations and real estate advice across Western Australia, efficiently and at a competitive rate. Our valuers are all Certified Practising Valuers and members of the Australian Property Institute.
We specialise in a diverse range of property related transactions and will assist you in a professional and timely manner. We pride ourselves on great service and advice and look forward to assisting you with your property needs.
Our Osborne Park office has traded as a valuation company since the 1980s, formley Marius Dutry Valuers, in the 1990s the firm then was taken over by Johnson-Hall Valuers and then become Valuations WA in 2000. We pride ourselves on great service and advice and look forward to assisting you with your property valuation requirements.
Professional Accreditations
Background
The Australian Property Institute (API) was originally formed in 1926 as the Commonwealth Institute of Valuers. The Institute has undergone several name changes over the last century as the array of services offered by its members expanded.
Today the API represents the interests of more than 7,500 property professionals throughout Australia. API members include residential, commercial and plant and machinery valuers, property advisers, property analysts, property fund and asset managers, property facility managers, property lawyers, and property researchers and academics.
The Institute's primary role is to set and maintain the highest standards of professional practice, education, ethics and professional conduct for it members and the broader property profession.
Key Industry Role
The Institute is committed to building and maintaining a strong base for the future of the property profession through broadening the expertise and knowledge of membership.
The Institute is highly regarded and respected throughout Australia and in some states government regulations specify that property professionals must belong to a member association such as the API. Many leading Australian financial institutions also require property professionals who carry out mortgage valuation work to be members of the API.
API produces a range of leading property publications, including the Australian Property Journal, and other professional and educational texts, such as the Professional Practice Manual and Valuation Principles and Practices. The Institute also develops software packages, such as PropertyPro which provides a proforma template for residential mortgage valuation work. This proforma is the preferred format for the majority of Australia's leading financial institutions.
Highest Standards of Quality and Performance
Members of the Institute are bound by:
- A Code of Ethics
- Rules of Conduct
- Professional Practice Standards
Source: www.api.org.au
Certified Practising Valuers (CPV)
About CPVs
Certified Practising Valuers (CPV) have a role at the heart of property as an important part of the Australian economy. They're usually working quietly behind the scenes in an objective and independent manner to help reduce risk and provide greater certainty for their clients. Their clients include those involved in business of any description – as well as mum and dad investors they could be, for instance, overseas investors, rural landholders, hotel owners and operators, insurance advisors, stockbrokers, solicitors, mining companies or finance companies.
CPV Ethics and Standards
CPVs hold a unique position in the property industry, being true professionals in the field of valuation. In order for them to keep that position, it is vital to maintain certain principles and values, and behave in a manner expected of Members of the Institute.
CPVs should always work in a professional manner, with integrity and honour. They should serve their clients and employers in good faith, acting impartially and objectively when providing independent advice. It is important to always respect the public interest.
CPVs should only take on work for which they have the competence, skill and/or experience to complete it to acceptable professional standards. If they are not able to complete the project themselves, they should work in conjunction with a suitably qualified and experienced practitioner to do so.
Any conflicts of interest should be identified and considered before a project is taken on. Members should not act in a matter in which a conflict or potential conflict has been identified, unless all interested parties have been made aware of the situation and agree to the Member continuing with the task.
It's important for Members to observe confidentiality requirements when working with clients and the public. Members should always conduct their business in a manner befitting their profession, and in accordance with reasonable public expectations of any professional workers.
Source: http://www.cpv.org.au
