The property valuer plays an important role in the property market in Namibia. Banks, financial institutions and insurance companies often employed property valuers to give an estimate of the value of the property that has been mortgaged or insured. The property valuer’s job is to find out what a person’s house, business premises or other property would sell for on the open market. This information helps the person who owns the property to decide whether they are getting a good value when they take out a loan or insurance policy.
The role of a valuer
A property valuer is someone who advises a person or company on the value of real estate. Property valuers are normally qualified professionals with years of experience and knowledge of the market, so they have the expertise needed to offer sound and accurate advice. A valuation can be requested for several reasons, including when buying or selling a home, starting a new business or just because you’re curious about what your house might be worth.
The benefits of becoming a Property Valuer
As a Property Valuer, you’ll get to work with people who are looking to sell their homes or purchase a new one. You’ll have the chance to impact someone’s life by helping them find the perfect home for their family. Plus, you’ll get valuable insight into the property market and learn about all the different aspects of real estate, from construction and design to financing.
How much do property valuers earn in Namibia?
The average salary for a Property Valuer is $89,000 per year. The median salary for a Property Valuer is $81,000 per year.