Factors include the asset’s condition, location, size, age, and unique features. For real estate, market trends, comparable sales, and economic conditions are also considered.

• Appraiser: Typically refers to a professional who determines the value of assets like real estate, businesses, or personal property. In some regions, this term is synonymous with “valuer.”
• Valuer: Similar to an appraiser, a valuer assesses the value of assets based on various valuation methods. The term is commonly used in countries like the UK and Australia.
• Assessor: An assessor usually evaluates property for taxation purposes, often working for government or municipal authorities to determine property tax assessments.

Common methods include:

• Sales Comparison Approach: Comparing the asset to similar assets that have recently sold.
• Income Approach: Estimating value based on the income the asset is expected to generate.
• Cost Approach: Calculating the value based on the cost to replace or reproduce the asset, minus depreciation.

Look for professionals who are certified by recognized industry bodies and have a good reputation. In Kenya, check for registration with the Valuers Registration Board (VRB).

The time required depends on the type and complexity of the asset. Residential property valuations typically take a few days to a week, while business valuations or complex properties may take longer.

A professional valuer should have relevant qualifications, such as certification or accreditation from recognized industry bodies i.e. VEB & ISK. They typically hold qualifications in real estate, finance, or a related field and have significant experience in valuation.

Look for valuers who are accredited by reputable professional organizations or regulatory bodies. You can also seek recommendations from real estate agents, financial advisors, or industry associations.

A registered or licensed valuer in Kenya is a professional who has been officially recognized and authorized by the relevant regulatory authority i.e. ISK and VRB to conduct valuations of real estate and other assets. They are required to meet specific educational and professional standards.

They should have relevant qualifications and certifications in their field. This often includes formal education in valuation or appraisal, professional certifications from recognized bodies, and registration with regulatory agencies. In Kenya, for example, valuers must be registered with the Valuers Registration Board (VRB).

Check their registration with relevant professional organizations or regulatory bodies. For instance, in Kenya, you can verify a valuer’s credentials with the Valuers Registration Board (VRB).

A qualified valuer should have relevant education in valuation or a related field, professional certification from a recognized body, and registration with a regulatory authority such as the Valuers Registration Board (VRB) in Kenya.

A registered or licensed valuer in Kenya is a professional who has been officially recognized and authorized by the relevant regulatory authority i.e. ISK and VRB to conduct valuations of real estate and other assets. They are required to meet specific educational and professional standards.

To become a registered or licensed valuer in Kenya, individuals must complete relevant academic qualifications, such as a degree in real estate or a related field, and gain professional experience. They must also pass examinations and meet the requirements set by the Valuers Registration Board (VRB) of Kenya.

The Valuers Registration Board (VRB) is the regulatory body responsible for overseeing the registration and licensing of valuers in Kenya. It sets professional standards, regulates practice, and ensures compliance with relevant laws and regulations.

You can verify a valuer’s registration or licensing status through the Valuers Registration Board (VRB) of Kenya. They maintain a list of registered and licensed valuers, which can be accessed for verification purposes.

Check their registration with relevant professional organizations or regulatory bodies. For instance, in Kenya, you can verify a valuer’s credentials with the Valuers Registration Board (VRB).

Residual value valuation is often used in the context of leased or rented assets. It estimates the value of an asset at the end of its useful life or lease term, considering depreciation and wear and tear.

A valuation company provides professional services to determine the market value of various assets, including real estate, machinery, businesses, and personal property. They offer expert opinions based on market conditions, asset inspections, and valuation methodologies.

To choose a reputable valuation company, consider their accreditation from the Valuers Registration Board (VRB) of Kenya, experience in the industry, client reviews, and their track record. Ensure they have qualified and registered valuers on staff.

Valuation companies in Kenya can value a wide range of assets, including residential and commercial properties, land, machinery, equipment, art, antiques, and businesses.

Valuation companies offer services such as property valuations, business valuations, machinery and equipment valuations, insurance valuations, and valuations for legal purposes. They may also provide advisory services related to asset management and market trends.

Yes, valuation companies in Kenya must adhere to ethical standards set by the Valuers Registration Board (VRB). These standards ensure that valuers operate with integrity, objectivity, and professionalism.

You can verify a valuation company’s credibility by checking their registration with the Valuers Registration Board (VRB), reviewing client feedback, and assessing their experience and qualifications in the industry.

To contact a valuation company, reach out via their website, phone, or email. Provide details about the asset and your valuation needs to schedule an appointment or request a quote.

Valuation fees vary based on the type of asset, the complexity of the valuation, and the scope of the work involved. We provide customized quotes based on your specific needs. Please contact us for a detailed estimate.

A valuer uses various methods depending on the type of asset. For real estate, they might use the sales comparison approach, income approach, or cost approach. The process includes inspecting the asset, analyzing market data, and applying appropriate valuation methods.

Fees vary based on the type of asset, its complexity, and the location. Request a detailed quote from the appraiser or valuer before starting the process to understand the costs involved.

Common methods include:

• Sales Comparison Approach: Comparing the asset to similar assets recently sold.
• Income Approach: Valuing based on the income the asset generates or is expected to generate.
• Cost Approach: Calculating the value based on the cost to replace or reproduce the asset, minus depreciation.
• Asset-Based Approach: Valuing based on the net value of the asset’s components or holdings.

A valuation is an assessment of the worth or value of an asset, property, or business, usually conducted by a professional valuer. The purpose is to determine a fair market value based on various factors such as location, condition, and market trends.

Valuations are needed for a variety of reasons including buying or selling property, securing a mortgage, settling real estate matters, insurance purposes, and business transactions. They provide a professional opinion on the value of an asset, which is crucial for informed decision-making.

To ensure accuracy, provide all relevant documentation and information about the asset. This helps the valuer make a thorough assessment. Additionally, choosing a reputable and registered valuer enhances the reliability of the valuation.

Property valuation involves a structured process to determine a property’s market value. It begins with understanding the purpose of the valuation and gathering preliminary property details. A professional valuer then conducts a physical inspection to assess the property’s condition, features, and size. Market analysis follows, including comparing recent sales of similar properties and evaluating market trends. The valuation methods employed—such as the sales comparison, income, cost, or residual approaches—are applied to calculate the property’s value. The findings are compiled into a detailed report, which is reviewed for accuracy before being delivered to the client.

Valuing a company involves assessing its worth through several methodologies tailored to the purpose of the valuation, such as mergers, acquisitions, or financial reporting. The process begins with gathering comprehensive financial information, including balance sheets, income statements, and cash flow statements. Valuers then apply different valuation methods, such as Discounted Cash Flow (DCF) analysis, which estimates value based on projected future cash flows and discount rates; Comparable Company Analysis (Comps) and Precedent Transactions Analysis,

which use market multiples from similar companies or past transactions; and Asset-Based Valuation, which calculates value based on net asset value after adjusting for intangible assets.

The valuation analysis culminates in a detailed report outlining the chosen methods, financial analysis, and the estimated company value. The report should include an executive summary, a description of the valuation methodology, and supporting financial data. After preparing the report, it is reviewed for accuracy and clarity. Post-valuation, stakeholders use the findings for decision-making and may revise the valuation if significant changes in the company or market conditions arise. This thorough approach ensures a reliable estimate of the company’s worth based on various financial and market factors.

The valuation process involves assessing and determining the market value of an asset, such as real estate, machinery, or a business. It includes gathering information, inspecting the asset, analyzing market conditions, applying valuation methods, and preparing a detailed valuation report.

The key steps include:

• Purpose Identification: Understanding why the valuation is needed.
• Information Gathering: Collecting relevant data about the asset, including financial documents and market data.
• Inspection: Evaluating the physical condition and features of the asset (for real estate, this involves a property inspection).
• Market Analysis: Analyzing market trends and comparable assets.
• Valuation Methods: Applying appropriate valuation methods (e.g., Sales Comparison, Income Approach, Cost Approach).
• Report Preparation: Creating a detailed valuation report outlining the findings and conclusions.

Information required includes:

• For Real Estate: Property details (size, location, features), recent sales data, property condition, and legal documents.
• For Businesses: Financial statements, business plans, market conditions, and industry benchmarks.
• For Machinery or Equipment: Specifications, condition reports, and market data on similar items.

To start, determine why you need the valuation, such as for selling, buying, refinancing, or insurance. Contact a registered valuer or valuation company to discuss your needs and get a fee estimate.

Common methods include:

• Sales Comparison Approach: Comparing the asset to similar assets that have recently sold.
• Income Approach: Estimating value based on the income the asset is expected to generate.
• Cost Approach: Calculating the value based on the cost to replace or reproduce the asset, minus depreciation.

The time required depends on the type and complexity of the asset. Residential property valuations typically take a few days to a week, while business valuations or complex properties may take longer.

Check their registration with relevant professional organizations or regulatory bodies. For instance, in Kenya, you can verify a valuer’s credentials with the Valuers Registration Board (VRB).

Yes, if there are significant changes to the asset or market conditions, valuers provide an updated valuation, usually known as revaluation.

A valuation report should include:

• Introduction: Purpose and scope of the valuation.
• Asset Description: Details and condition of the asset.
• Valuation Methodology: Explanation of methods used.
• Market Analysis: Data on market conditions and comparable sales.
• Value Conclusion: The estimated value and supporting calculations.

A valuation report generally includes details about the asset, the valuation methodology used, market analysis, comparable sales data, and a conclusion on the asset's value. It may also include photographs, diagrams, and other relevant documentation.

Valuations are based on the most current data and professional judgment. While we strive for accuracy, it’s important to understand that valuations are opinions of value and can be influenced by market fluctuations and other factors.

Market value valuation determines the price an asset would likely sell for in an open and competitive market. It reflects what a buyer is willing to pay and what a seller is willing to accept at a given point in time.

Yes, valuers provide business valuations for purposes such as mergers and acquisitions, financial reporting, or succession planning. This involves analyzing financial statements, market conditions, and the business’s overall performance.

? The time required depends on the asset’s complexity and type. Simple property valuations may take a few days, while more complex valuations, such as for businesses or specialized assets, may take several weeks.

To schedule a valuation, contact the valuer or valuation company directly via phone, email, or their website. Provide details about the asset and your requirements to arrange an appointment.

The Valuers Registration Board (VRB) is the regulatory body responsible for overseeing the registration and licensing of valuers in Kenya. It sets professional standards, regulates practice, and ensures compliance with relevant laws and regulations.

Valuing a company involves assessing its worth through several methodologies tailored to the purpose of the valuation, such as mergers, acquisitions, or financial reporting. The process begins with gathering comprehensive financial information, including balance sheets, income statements, and cash flow statements. Valuers then apply different valuation methods, such as Discounted Cash Flow (DCF) analysis, which estimates value based on projected future cash flows and discount rates; Comparable Company Analysis (Comps) and Precedent Transactions Analysis,

which use market multiples from similar companies or past transactions; and Asset-Based Valuation, which calculates value based on net asset value after adjusting for intangible assets.

The valuation analysis culminates in a detailed report outlining the chosen methods, financial analysis, and the estimated company value. The report should include an executive summary, a description of the valuation methodology, and supporting financial data. After preparing the report, it is reviewed for accuracy and clarity. Post-valuation, stakeholders use the findings for decision-making and may revise the valuation if significant changes in the company or market conditions arise. This thorough approach ensures a reliable estimate of the company’s worth based on various financial and market factors.

A valuer assesses and determines the market value of various assets, including real estate, machinery, antiques, and businesses. They use their expertise to provide a professional opinion on the value based on market conditions, asset condition, and other relevant factors.

Look for valuers who are accredited by reputable professional organizations or regulatory bodies. You can also seek recommendations from real estate agents, financial advisors, or industry associations.

A registered or licensed valuer in Kenya is a professional who has been officially recognized and authorized by the relevant regulatory authority i.e. ISK and VRB to conduct valuations of real estate and other assets. They are required to meet specific educational and professional standards.

Ensure the valuer is registered with the Valuers Registration Board (VRB). They should have relevant experience, qualifications, and a good reputation. Check their client reviews and previous work if available.

• Appraiser: Typically refers to a professional who determines the value of assets like real estate, businesses, or personal property. In some regions, this term is synonymous with “valuer.”
• Valuer: Similar to an appraiser, a valuer assesses the value of assets based on various valuation methods. The term is commonly used in countries like the UK and Australia.
• Assessor: An assessor usually evaluates property for taxation purposes, often working for government or municipal authorities to determine property tax assessments.

They should have relevant qualifications and certifications in their field. This often includes formal education in valuation or appraisal, professional certifications from recognized bodies, and registration with regulatory agencies. In Kenya, for example, valuers must be registered with the Valuers Registration Board (VRB).

You can find a local valuer by:

• Online Searches: Use search engines or directories to look for valuers in your area.
• Professional Associations: Check with local or national professional bodies, such as the Valuers Registration Board (VRB) in Kenya or equivalent organizations in other countries.
• Referrals: Ask for recommendations from real estate agents, financial advisors, or friends who have used valuation services.

Check their registration with relevant professional organizations or regulatory bodies. For instance, in Kenya, you can verify a valuer’s credentials with the Valuers Registration Board (VRB).