The Australian Property Institute, in conjunction with the Residential Valuation User Group, has developed an online training module to ensure that residential valuers understand the appropriate use and importance of the Standing Instructions.
Completion of the Standing Instructions module is compulsory for valuers undertaking residential valuations on bank panels (lenders’ requirements may vary). Valuers seeking a place on a panel must complete the module before they can commence panel valuation work.
The module will be released on Wednesday, October 1, 2014 and must be completed by Wednesday, December 31, 2014. The module will be offered free of charge to API members undertaking panel valuations. Two CPD points can be claimed upon successful completion of the module.
To participate in the module, please complete the registration form below. Login details and a User Manual will then be forwarded to each registered valuer by email.
The Standing Instructions can be downloaded here.
For existing valuers on Valex panel who completed the first version of the Residential Valuation Standing Instructions module, register here for the Residential Valuation Standing Instructions v1.1.1 (Brief Version) module.