Appendix to item 9.9
Report for the 24th General Assembly
FIG Working Week in Seoul, 6-11 May 2001
COMMISSION 9 - VALUATION AND THE MANAGEMENT OF REAL ESTATE
Commission 9 held a very successful annual meeting in Prague with
representatives from eleven countries in attendance. The consensus of opinion is
that Commission 9 needs to have better representation amongst the member
organizations in FIG. The Commission has therefore been actively contacting
member organizations to this objective.
The Commission's Technical Session at the Prague Working Week involved five
speakers from four countries, England, Czech Republic, Norway and the USA. The
emphasis of topics is on environmental issues effecting real estate.
In April 2000, Vice Chairman Stephen Yip organized a fact finding and
outreach trip to China for FIG President Robert Foster. Meetings were arranged
with ministry level officials and members of the emerging Chinese valuation
profession, the China Institute of Real Estate Appraisers. A second visit to
China of Commission 9 representatives is being organized following the 2001
Working Week in Seoul, Korea.
In November, Commission Chairman Michael Yovino-Young participated in an
international Symposium in Sofia, Bulgaria. Yovino-Young presented three papers
with emphasis on environmental issues, valuation terms and protocols for modern
valuation practice. His wife, Alison Teeman, also a professional appraiser,
provided a well received speech on the state of the art for the appraisal
profession in the USA. The host organization was the Union of Surveyors and Land
Managers in Bulgaria and the Federation of the Scientific and Technical Unions
The previous Commission 9 Chairman, Brian Waldy, participated as this
Commission's representative to the FIG Task Force on Standards and the draft FIG
Guide on Standardisation. Mr. Waldy was recently appointed Secretary General of
the Commonwealth Association of Surveying and Land Economy (CASLE).
Preparations for presentations at Working Week 2001 are underway with
participants from China, Korea, USA, Australia, UK, and Germany.
G. Michael Yovino-Young
Chair of Commission 9 (Valuation and the Management of Real Estate)
28 February 2001