Residential Valuation Standing Instructions update

Time is running out to complete the Residential Valuation Standing Instructions module. Register today and complete by 31 December 2014 to ensure your compliance

Time is running out to complete the Residential Valuation Standing Instructions module. Register today and complete by 31 December 2014 to ensure your compliance.

The Residential Valuation Standing Instructions version 1.1.1 module was implemented by the Australian Property Institute on 1 October 2014. There are two versions of the module: The Brief Version for those who have already completed Version 1 (October 2013 release) of the module and the Full Version for those who have not undertaken a module on the Standing Instructions to date.

The module is compulsory for all members undertaking residential mortgage valuations for bank panels and those members seeking to become a panel valuer for Valex.

The deadline for completion of the Standing Instructions module is 31 December 2014. All members who are currently undertaking residential mortgage valuations must be compliant by this time.

The registration process is as follows:
1. Visit this page on the API website.
2. Register yourself for one ticket for the Brief Version or the Full Version as applicable.
3. You will receive an email from the API advising you that your registration will be processed as soon as possible. Please check your Spam or Junk email folder if you do not receive this.
4. For users with existing e-learning accounts, after a period of two hours from completing the registration form, you will have access to the module on your e-learning account. Please login with your existing username and password to http://elearning.api.org.au. If you have forgotten your password, a link is available on the login page to reset your password.
5. For users who do not have an existing e-learning account, you will be sent an email with your username and temporary password for access to your account. You will need to log on to http://elearning.api.org.au.

To date there are 2040 who are enrolled in the Brief Version of the module, of which there are 581 members actively completing the program and 1459 who have already completed the module. In the Full Version of the module, there are 342 who are enrolled in the module, of which there are 207 members actively completing the module and 135 who have already completed the module.

The feedback has been outstanding. Members have commented that the module is practical, assists them in their day to day job and has provided much needed guidance on some areas of the Standing Instructions.

For further information or to register, refer to this page.

Kind Regards,
Tracy Kriesel
Education Standards Manager