"A value is valuable when the value of value is valuable to oneself."
Dayananda Saraswati 1824-1883
Values and valuation are much discussed but often misunderstood. In the financial world this can lead to misunderstanding, market inefficiency and mispricing.
Valuology advises valuation providers, valuation users and professional organisations on how their processes and procedures can be improved to ensure that valuations are properly prepared and understood by those who rely on them. Our objective is to maximise market confidence in the valuations provided and minimise risks for providers and users.
To see what we do click or download our ebrochure.
ECB issues insights into commercial real estate valuations
In August 2024 the European Central Bank published findings from its recent inspections of systemically important banks across the Eurozone which examined their exposures to commercial real estate. While the lenders were obviously all in Europe, some of the CRE collateral was in countries outside the EU, including the UK and USA.
While the focus of the inspection was on how banks commission, use and review valuations, there are many points of interest to those who provide valuations for banks. It emphasises the need for valuers to understand how the banks may have to use the valuation and for appropriate advice to be given.
Resources for Valuers
We have published a few books on techical issues that valuers may find helpful. More information can be found by following the "Books" link below:
Working in conjunction with Valos we have also produced checklists to help see whether a set of valuation terms or a report are compliant with the RICS Valuation Standards:
Keeping Lookout
We review proposed new laws, regulations and standards that are relevant to valuers. We then produce summaries of the key things valuers need to know and what we think of the proposals. We also provide a copy of any response we make to consultations.