Professional Property Valuer

2 weeks ago


Sandton, South Africa Growthpoint Properties Full time

Job Purpose
To perform valuations on all Growthpoint (owned and managed) properties in the commercial, industrial, and retail sectors.

Duties and responsibilities

  • Assist in all aspects of the functioning of the valuators department.
  • Prepare documentation and computer files for external valuers.
  • To perform valuations at interim and year end
  • Assist Asset Managers with adhoc valuations.
  • To provide support and assistance to external valuers.
  • To review external valuations.
  • Obtain valuation approval.
  • Assist with adhoc queries from auditors and other stakeholders.
  • Analysis of market trends, including demand, vacancies, expenditure etc.
  • Analysis of comparable sales, with a view to determining capitalization rates, market related values etc.
  • Examination of title deeds, with particular attention paid to any servitudes and their effect on the value, restrictive conditions of ownership, etc.
  • Critical assessment of cap rates, rental levels and cost estimates pertaining to properties.
  • Prepare reports in respect of property valuations.
  • Undertake research.

Experience

  • At least 5 years of work experience in property valuation with a strong knowledge and understanding of:
  • Property Valuation with experience in income producing properties.
  • Discounted cash flow valuations.
  • Valuation software, preferably MRI Global Valuations or similar.
  • Commercial Real Estate and Property Management.

Qualifications

  • Degree/Diploma in Real Estate/Property Valuation.
  • Be registered with the SA Council for the Property Valuers Profession as a Professional Associated Valuer or Professional Valuer.

Competencies and Skills

  • Selfstarter with initiative and the ability to work autonomously after having received instruction.
  • Excellent interpersonal and problemsolving abilities.
  • Hard worker with an ability to work under pressure.
  • Deadline focused and results driven.
  • Handson and involved with an ability to see the bigger picture.
  • A team player who can work well within a team.
  • Excellent verbal, written communication, and presentation skills.
  • Report writing.
  • Problem solving.
  • Computer skills advanced MS Excel and Word.
  • Attention to detail.
  • Thorough and methodical.
  • Numerate.


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