Valuation - the estimating of value of real estate by valuers and
appraisers, for various purposes, including market value, property
taxation, eminent domain, claims of damage or impact on value by some
cause or event and acquisitions for public use or public policy;
Investment Market Value and Investment Planning;
Development Finance, Land Use Feasibility Planning;
Management of Property, as single asset or by management companies;
Management of property systems to ensure efficient use of public and
private resources; and
Management of public sector property.
Mission statement
To identify valuers and appraisers in emerging economies and developing
countries and developing countries and coordinate their activities with
those of FIG.;
To increase FIG members' participation in valuation theory and
methodologies, especially in countries without established real estate
market protocols and infrastructure;
To liaise with other appraisal and valuation organizations to seek
cooperation regarding subjects of mutual interest;
To create, refine and expand a world dictionary for valuers and
appraisers;
To investigate new evidence of the influence of environmental hazards on
property use, value and demand.
General
It is noted that the FIG Council intends to develop closer connections with
the various less represented regions such as the Mekong Region and Latin
America and then offer services. There is also a general feeling that the
activities of Commission 9 could be intensified particularly in the developing
nations and areas.
In the past few years there have been discussions that Commission 7, 8 and
9 have certain common interests and grounds. Thus some of the activities of
these commissions could be integrated or joined.
The Commission will therefore look into the opportunities for expanding
activities and services in both geographical and functional terms.
The Commission will make its contribution on the valuation issues to the
FIG World Report on Best Practices launched by the Council in its work plan
for 2003-2006.
Address disparity and deficiencies in educational programs and/or
training of valuers in FIG member organizations.
Education on valuation through information network in FIG (an integrated
virtual learning environment). Let education move, not people.
Educational ladder. A stepped way of advancing be planned for improving
the knowledge of valuation.
An educational package of valuation be created and offered on the
homepage of FIG and intentionally, targeted to the developing countries
and those economies under transition.
Generate co-operation in education and create a network for supporting
the contact persons.
Chair
Prof Kauko Viitanen (Finland), e-mail kauko.viitanen[at]hut.fi
Specific Projects
Establish an Internet forum for discussion of the education on
valuation.
Collect information and determine terminology, fundamental theories and
basic methodology on valuation.
Create the educational package of valuation.
Co-operation with Commission 2 and especially with the WP 2.2 (Virtual
academy - distance learning) on distance education and training and within
Commission 9. Co-operation also with all other commissions as regards
distance education and training.
Establish contacts with the universities, the associations for valuation
etc. outside FIG.
Set up a home page with an educational package of valuation with
hyperlinks to web-sites for distance learning.
Distribute Commission 9 Syllabus Guidelines ratified by XX Congress in
1994.
Compile selected bibliography of literature in the field.
Investigate possible academic links.
Sponsor symposia and technical papers on related topics.
Workshops
Virtual workshops and information delivery via the Internet.
Presentations at FIG Working Weeks and Congress USA 2002 and Germany
2006.
Discussions/presentations can be arranged also in some other seminars of
Commission 9.
Publications
Digital material on Web sites
Short articles in journals
Timetable
Set up home page with hyperlinks to web-sites during 2002-2006.
Continuous communication via the Internet.
Continuous communication via the Internet.
Working group Final Report for Congress in Munich, 2006.
Beneficiaries
Distance learning students, individual surveyors, civil servants,
politicians, landowners, employers, universities and university teachers etc.
Other Activities
Expand communications to valuers and appraisers worldwide through the
commission home page.
Through the internet and other means of communication, act as a clearing
house for practical research, data base development, data searches and
educational opportunities.
Reach out to academia, both faculty and students, to encourage future
research papers for presentation at FIG events.
Interact with other FIG commissions, especially Commission 1 -
Professional Standards and Commission 2 - Professional Education, in
matters relating to valuation practices and protocols.
Organize presentations of technical papers by practitioners of interest
to valuers and appraisers as Commission 9's contribution to FIG events.
Working Group 9.2 - Environmental and Ecological Influences
Effecting Use, Value and Demand for Real Estate
Policy Issues
A global problem requiring greater awareness of the negative influences
of contamination and ecological degradation.
Requirements for new training and protocols for valuation practitioners.
Chair
Mr. Simon Adcock (Australia), e-mail:
simon.adcock[at]dse.vic.gov.au
Specific Projects
Investigate and catalog types, extent and impacts of contamination of
real estate.
Identify resources available for practitioner, including bibliographies,
source organizations, remediation industry programs, procedures, protocols
and related cost criteria.
Workshops
To be planned for each annual meeting.
Publications
Technical papers solicited for annual meetings.
Report on results of work group investigations and reports at Congress
2006.
Timetable
2003 and 2004: research papers for Technical Sessions.
2006: Final Report at FIG Congress.
Beneficiaries
All FIG member organizations, UN, other professional international and
national organizations, agencies and governments.
Working Group 9.3 - Valuation for Taxation and Statutory
Compensation
Identify the legal backgrounds and purposes for such valuations
including the methodologies of assessments.
Present and discuss the findings at FIG Working Weeks and Congress with
information posted on the web-site for reference of members.
Workshops
To be planned for each annual meeting.
Publications
Technical papers solicited for annual meetings.
Report on results of work group investigations and reports at Congress
2006.
Timetable
2003 and 2004: research papers for Technical Sessions.
2006: Final Report at FIG Congress.
Beneficiaries
All FIG member organizations, UN, other professional international and
national organizations, agencies and governments.
Working Group 9.4 - Organizations of Valuers and Appraisers in
Emerging Eastern European Markets
Policy Issues
Changes in Government policies and market conditions affect development of
the surveying profession.
Chair
David Smejkal (Czech Republic), e-mail: David.Smejkal[at]a-consultplus.cz
Specific Projects
Identify the backgrounds and status of development of the profession in
such markets and study the valuation methodologies adopted.
Present and discuss the findings at FIG Working Weeks and Congress with
information posted on the web-site for reference of members.
Workshops
To be planned for each annual meeting.
Publications
Technical papers solicited for annual meetings.
Report on results of work group investigations and reports at Congress
2006.
Timetable
2003 and 2004: research papers for Technical Sessions.
2006: Final Report at FIG Congress.
Beneficiaries
All FIG member organizations, UN, other professional international and
national organizations, agencies and governments.
Co-operation with Sister Associations
MoU has been or will be established between FIG and other sister
organizations such as IFPH, (International Federation of Housing &
Planning), IVSC (International Valuation Standard Committee) and ISO
(International Standards Organization). All of these organizations are related
to the activities of Commission 9.
Commission 9 will strengthen the connections with these organizations and
will actively participate in their events.
A joint working with Commission 1 is being considered to focus on valuation
standards and to work closely with IVSC and ISO.
Co-operation with the United Nations Agencies
Activities of Commission 9 are related to UN-HABITAT, UN-ECE and other
professional involvements of the United Nations.
Commission 9 will look into the opportunities of participating and
contributing in their events to promote the Commission and to provide
appropriate services.
Other Activities
The Focus of the Commission in the period of 2002 - 2006 are:
Analyse the educational situation of Valuers and Appraisers.
Strengthen the Corporate Spirit in Commission 9.
Identify the legal backgrounds and purposes of Valuation.
Established an active web-site as tool to improve information flow; in
particular products of working groups.
Attract more participants to FIG Working Weeks and Congress.
There will be efforts made in the following areas:
Expand communications to valuers and appraisers worldwide through
Commission 9's existing web page on the Internet.
Through Internet, act as a clearing house for practical research, data
base development, data searches and educational opportunities.
Reach out to academia, both faculty and students, to encourage future
research papers for presentation at FIG events.
Interaction with other FIG Commissions, especially Commission 1 -
Standards and Commission 2 - Education and CPD.
To organize and present appropriate representation by Commission 9
together with suitable numbers of research papers at each FIG event and
FIG co-sponsored events.
There are two Task Groups of administration nature formed in addition to
the Working Groups:
Task Group 9.1 - Research funding
Policy Issues
Seeking sources of funding for research and delivery of papers.
Encouraging participation in Commission 9's educational presentations at
FIG working weeks.
Chair
Mr Simon Adcock (Australia), e-mail:
simon.adcock[at]dse.vic.gov.au
Publications
Annual report on names of recipients of grants, amounts of grants received,
subjects of research papers, where presented and availability.
Task Group 9.2 - Promoting valuation membership of FIG
Policy Issues
The under-representation of valuation organizations within FIG.
Encouraging participation in Commission 9 activities.
Chair
Mr Stephen M W Yip (Hong Kong, China), e-mail: landelit[at]netvigator.com
Specific Projects
Identify groups and organizations of valuers/appraisers world-wide and
invite them and their members to participate in FIG events and to liaise with
Commission 9 officers and delegates.
Where possible visit organizations in their home countries.
Publications
Annual publication of list of organizations approached, responses and
recommendations for further contact.
Calendar of Events
The Major Events in the period of 2002 - 2006 of the Commission are:
January/May 2003 - Commission 2 proposed to have Symposium in Asia,
Commission 9 to assist and participate.
September-November 2004 - FIG Regional Conference for Asia and the
Pacific, Commission 9 to assist and to participate.
Commission Officers
Commission Chair
Stephen Yip, Chair
Landelite Surveyors Ltd.
Unit 2801, 28/F
No. 148 Electric Road
North Point
HONG KONG SAR, CHINA
Tel. + 852 2869 7138
Fax + 852 2869 6010
E-mail: landelit[at]netvigator.com
Commission Chair Elect 2004-2006 and Chair 2006-2010
Prof. Kauko Viitanen
Helsinki University of Technology
Department of Surveying
P.O. Box 2000
FIN-02015 HUT
FINLAND
Tel. + 358 9 451 3870
Fax +358 9 465 077
E-mail: kauko.viitanen[at]hut.fi
Commission Vice Chair - Administration
Mr. Simon Adcock, Vice Chair of
Administration and Chair of WG 9.2
Office of the Valuer-General
Marland House
Level 15/570 Bourke Street
Melbourne
Victoria 3000
AUSTRALIA Tel. + 61 3 8636 2558
Fax + 61 3 8636 2519
E-mail: simon.adcock[at]dse.vic.gov.au
Vice-Chair and Chair of Working Group 9.1 - Education of Valuation
Professionals in FIG
Ph.D. Kauko Viitanen, Professor in Real Estate Economics and Valuation
Helsinki University of Technology
Institute of Real Estate Studies
P.O. Box 1200
FIN-02015 HUT
FINLAND
Tel. + 358 9 451 3870
Fax + 358 9 465 077
E-mail: kauko.viitanen[at]hut.fi
Vice-Chair and Chair of Working Group 9.2 - Environmental and Ecological
Influences Effecting Use, Value and Demand for Real Estate
Mr. Simon Adcock (Australia)
E-mail: simon.adcock[at]dse.vic.gov.au
Vice-Chair and Chair of Working Group 9.3 - Valuation for Taxation and
Statutory Compensation
Mr.
Stephen
Yip, Chairperson of Commission 9.
