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11.09.2008 A N N O U N C E M E N T: APLR Launches Training Programs for Real Estate Valuators


Association for Protection of Landowners Rights (APLR) launches professional training  programs for real estate appraisers.

Real estate appraiser’s professional training programs have been elaborated by qualified experts, in conformity with international standards and local requirements and within the scope of USAID SME Support Project.

Professional training

Training program elaborated by APLR will enable trainees to get theoretical knowledge in the field of real property appraisal, acquire practical skills, be prepared for certification and get appraiser’s profession. The training program will be led by practitioners and high qualified specialist working in real estate field: Lado Vardosanidze, David Jelia, Aleksandre Gvaramia, Vazha Chopikashvili, Natia Kvachadze, Beso Diakonidze, Temuri Partskhaladze and others. Interactive lectures, practical exercises and case studies will be used in the process of training.

Participants of the program can undergo professional certification and get respective cerificates in accordance with international standards.

The price of training is GEL 990 (excluding VAT).

Program:

I. General issues:
  · Legalaspects of real estate
  · Urban
and architectural planning factors of real estate appraisal
  · Technical
assessment
  · InternationalStandards of Valuation (general course)

II. Valuation
   · Profession of appraiser 
  ·
Main definitions and principles of valuation, market value
  ·
Valuation process
  ·
Aim of valuation (laws and subordination legislation of Georgia, according to which valuation is requested)
  ·
Description of land parcel, description of improvement
  ·
Real estate market analyses t, collection of special data, preliminary analyses
  ·
Highest and Best use analyses
  · L
and parcel valuation, different methods for land parcel valuation
  ·
Valuation of real estate market value: expenditure approach
  ·
Valuation of real estate market value: sales comparison approach
  ·
Investment analyses; 6 functions of money
  ·
Valuation of real estate market value: income approach
  ·
Preparation of valuation report
  ·
International Standards of Valuation (basic course)
  ·
Valuation for different purposes
a) For financial reporting
  
- In state sector
  
- In private sector
b) Valuation for Mortgage Lending Purposes

The program is designed for:

  · Persons providing services on real estate market, as well as persons willing to start activities in real estate field
  · Employees of banks and other financial institutions, construction, developer and insurance companies
  · Employees of real estate companies and brokers
  · Employees of audit and consulting companies
  · Any person willing to acquire real estate valuator profession

Program duration:

Training program will begin on October 6 and last for 3 (three) months. Lectures will be delivered tree times a week (on Monday, Wednesday, Friday) at. 18.30 p.m.

Persons interested must fill up application form and together with the copy of ID submit to the APLR untill October 2.

Professional certification

The aim of professional certification is to ensure Georgia’s real estate markets with high qualified specialists and services corresponding to international standards. Certification program fully complies with the requirements of international standard ISO/IEC 17024:2006 – General Requirements to the Bodies Operating Certification of Persons.

APLR certification body is undergoing accreditation at the State Body of Accreditation of Georgia – the Accreditation Center. The persons certified by APLR certification body will get certificates in accordance with international standards.

Memorandum signed between APLR, National Agency of Public Registry and Association of Banks of Georgia once again approves that APLR certification program for real estate appraisal fully complies with the requirements of real estate markets.

Certification program includes 2 stages - testing and practical work.

The price for certification is GEL 295 (excluding VAT).

For additional information, please, contact:

Tbilisi 0160 Georgia
27 Pekini Avenue, 5th floor
Tel: (99532) 206 207
Fax: (995 32) 376 088
Mob:(99595) 219 199
E-mail:
offce@aplr.org; natia@aplr.org 
Web: http://www.aplr.org/