Valuers assess the value of buildings, land or other goods such as machinery and works of art. They may work for one of a variety of organisations including estate agencies, the Civil Service or local government.
Valuers assess the worth of buildings, land and a wide range of goods such as plant, machinery, chattels and works of art. The reason for the valuation, and the duties of a valuer, depends on the employer. For example, estate agencies employ valuers to assess property for sale, rental or mortgage valuation.
Valuations are used to work out taxes that need to be paid on properties and the price of property or land when it is sold or bought. Valuers also advise HM Revenue and Customs and other government departments on taxation and valuation matters.
Valuers may also assess the rental value of commercial and industrial property such as offices, shopping centres and factories. They assess new properties and reassess existing ones after they've been altered or improved.
Some valuers specialise in plant and machinery or fine arts and chattels rather than in land and property. This is often for insurance purposes.
Valuation is often combined with other roles such as estate management or agricultural surveying and auctioning. Fine arts and chattels valuation in particular is often combined with auctioning.
Personal Qualities and Skills
Pay And Opportunities
Typical employers of valuers include estate agents, the Civil Service, local government, public bodies and organisations such as the electricity, gas and water companies.
Entry requirements will vary for each apprenticeship or degree so it is important to check with individual employers or universities.