Category: Uncategorized

Is 2018 the Robotic age of Valuation?

AI and AVM’s can assist a valuer but also put them at risk due to future computerisation. The main question is whether these developments could help the valuer deliver a more accurate and efficient valuation, or alternatively, completely or partially, replace the role of the valuer. For instance, automated valuation models automated valuation models (AVMs) … Continue reading Is 2018 the Robotic age of Valuation? →

Tough Times for High Street Resi Agents, will Commercial Agents face the same Struggle?

The recent article in the Daily Telegraph would suggest that there are testing times ahead for Residential Estate Agents.   There is an increasing importance of search engines such as Rightmove and online Agents such as Purple Bricks, there is apprehension that a similar trend could also affect the Commercial Agency market.   The main … Continue reading Tough Times for High Street Resi Agents, will Commercial Agents face the same Struggle? →

Government Market Intervention in Property

Market Intervention ‘Market Intervention’ is when a government tries to control market inequities through regulation, taxation, and subsidies. Neither a market economy or planned economy is ‘perfect’ in terms of achieving pareto optimality. Market intervention is the mechanism for governments to bridge the void between the two in an attempt to bring about a mixed … Continue reading Government Market Intervention in Property →

Changing Clients Needs and Expectations in Valuation

Clients progressively expect valuations to be produced at a faster rate and have sustainability and long-term value at the forefront of their expectations for a valuation report. The demand for valuations to be provided faster is reasonable, 20 years ago it was not unusual for a report to take around 10 business days to complete. … Continue reading Changing Clients Needs and Expectations in Valuation →