Last updated on 15 Feb. 2008

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Any person contemplating registration as a Professional Associated Valuer with the South African Council for the Property Valuers Profession (SACPVP) must successfully attend a practical work school and pass the examination forming part of the practical work school:

1. Since 1991, when this SACPVP requirement was introduced, the South African Institute of Valuers (SAIV) has been acting as agent for the SACPVP by presenting this work school and fulfilling one of its many training and educational obligations
   
   
2. The SAIV is still the only voluntary association presenting this practical training. Currently, two work schools are presented annually at the Northern and Southern branches. Those who are interested in attending such a practical work school, should please contact the relevant branch secretaries. The current cost of the practical work school is in the order of R2,000:
   
   
   1. The Northern Branch Practical Work school
      • It comprises a full working week course (Monday to Friday) and is usually presented during the early part of the second half of the year. The week consists of individual lectures, group assignments, and an examination at the end of the week. Lectures are of a high calibre and presented by experts who have the skills and knowledge to make it an important part of any aspirant valuer’s tuition
      • This is the flagship practical work school of the SAIV and is aimed at all parties who need to attend such a work school. It is usually presented at a fairly central location in Gauteng, with nearby affordable accommodation for those who are from out of town
        
        
   2. The Southern Branch Practical Work school
      • It comprises a full five-day course, which is usually presented over five Mondays or Fridays. It is presented over a period of approximately two months, as it allows for a short break in the middle, during which candidates are required to finalise a practical valuation report in a group assignment. The course is usually presented during the first half of the year. The five lecture days furthermore comprise individual lectures, with special emphasis on the practical application of different aspects of a valuation. Lectures are presented by high-profile practising professionals to ensure skills transfer where it really matters and again make it an important part of any aspirant valuer’s tuition
      • This practical work school is aimed at all parties who stay in close proximity to Cape Town, who need to attend such a work school, and who would like also to gain specific knowledge on practical valuations. Candidates must be able to commute to lectures on a daily basis and be able to participate in a group context with a practical valuation assignment
      • This regional presentation of the course was introduced in 1998. It was to accommodate local students who could not afford the cost of travelling, accommodation and the course fees in Gauteng, and also to upgrade the report-writing skills of students. Course presentation is dependent on the participation of at least 15 students per course
        
        
3. Who Qualifies for the Practical Work school?
   • Any person contemplating registration as a Professional Associated Valuer with the SACPVP. This infers that the person has completed an accredited academic qualification (National Diploma Real Estate (Valuations), etc.) recognised by the SACPVP
   • Persons who have achieved an accredited academic qualification or those who are busy with a final-year valuation subject such as Property Valuation III (National Diploma). The School is not intended for students in their first or second year of study
   • All Members of the SAIV who feel the need for a refresher course or who would like to attend specific lectures. In such instances attendances will be charged out on a per lecture basis, with the current rate in the order of R250 per lecture
     
     
4. The SAIV may also proceed to present a practical work school for the registration category Single Residential Property Assessor. This will be done once the SACPVP has accepted our proposal in this respect. It is anticipated that the course will be held over three full days and that it will initially only be presented in Gauteng. Should this elicit sufficient demand over a period of time, the SAIV will also consider a similar course in Cape Town.

For the SA Council for the Property Valuers Profession's Guideline Fees, click here ( 78 KB)

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