FIG Commission 9

Work Plan 1999-2002

Title

Valuation and the Management of Real Estate

G Michael Yovino-Young, Chairperson of Commission 9

Terms of Reference

  • Valuation - the estimating of value of real estate by valuers and appraisers for various purposes including market value, property taxation, eminent domain, claims of damage or impact on value by some cause or event, and acquisitions for public use or public policy
  • Investment market value and investment planning
  • Development finance, land use feasibility planning
  • Management of property, as a single asset or by management companies
  • Management of property systems to ensure efficient use of public and private resources
  • Management of public sector property.

Mission Statement

  • Identify valuers and appraisers in emerging economies and developing countries and co-ordinate their activities with those of FIG.
  • Increase FIG members' participation in valuation theory and methodologies, especially in countries without established real estate market protocols and infrastructure.
  • Liaise with other appraisal and valuation organizations and co-operate on matters of mutual interest.
  • Create, refine and expand a world dictionary for valuers and appraisers.
  • Investigate new evidence of the influence of environmental hazards on property use, value, and demand.

Working Group 9.1

Title

Education and training of valuers in developing economies

Policy Issues

  • Disparities and deficiencies in educational programmes.
  • Valuation training.

Chair

Bill Rodney (UK).

Specific projects

  • Distribute Commission 9 syllabus guidelines ratified by the FIG XX congress in 1994.
  • Compile a selected bibliography of literature in the field.
  • Investigate possible academic links.

Workshop(s)

Contributions to technical programmes forming part of FIG working weeks, 1999, 2000, 2001.

Publication(s)

  • Report on core curriculum - survey and model (possibly) (by the commission).
  • Report on educational programmes - survey of sources (possibly) (by the commission).

Timetable

  • Reports - to be advised.
  • Working group final report, FIG congress, 2002.

Beneficiaries

FIG member associations, other involved professional organisations, international agencies.


Working Group 9.2

Title

Environmental influences on real estate

Policy issues

  • Creating a global awareness of the negative influences of contamination and ecological degradation.
  • Requirements for new training and protocols for valuation practitioners.

Chair

Michael Yovino Young.

Specific projects

  • Investigate and catalogue types, extents and impacts of contamination of real estate.
  • Identify resources available for practitioners including bibliographies, source organizations, remediation industry programmes, procedures, protocols, and related cost criteria.

Workshop(s)

Contributions to technical programmes forming part of FIG working weeks, 1999, 2000, 2001.

Publication(s)

Report on results of work group investigations and reports (by the commission).

Timetable

  • Report of results of investigations and reports, 2000.
  • Working group final report, FIG congress, 2002.

Beneficiaries

FIG member associations, other international and national professional organizations, international agencies, governments.


Working Group 9.3

Title

Research funding

Policy Issues

  • Seeking sources of funding for research and delivery of papers.
  • Encouraging participation in Commission 9?s educational presentations at FIG working weeks.

Chair

Simon Adcock (Australia).

Specific Project(s)

n/a

Workshop(s)

n/a

Publication(s)

Annual report on names of recipients, amounts of grants, subjects of research papers, where presented, availability.

Timetable

See publications.

Beneficiaries

FIG members and other academics/practitioners.


Working Group 9.4

Title

Promoting valuation membership of FIG

Policy issues

The under-representation of valuation organisations within FIG.

Chair

David Millard (USA).

Specific projects

  • Identify groups and organisations of valuers/appraisers world wide and invite them and their members to participate in FIG events and to liaise with Commission 9 officers and delegates.
  • Where possible visit organisations in their home countries.

Workshop(s)

n/a

Publication(s)

Annual list of organisations approached, responses and recommendations for further contact.

Timetable

See publications.

Beneficiaries

FIG; Commission 9.


Joint Commission 2 and 9 Working Group

Title

Education of valuation in FIG.

Policy issues

  • Education on valuation through information network in FIG (an integrated virtual learning environment). Let education move, not people.
  • Educational ladder. A stepped way of advancing shall be planned for improving the knowledge of valuation.
    An educational package of valuation should be created and offered on the homepage of FIG. The developing countries and those under transition economy should intentionally be chosen as the target group.
  • Co-operation in education / a network for supporting the contact persons.

Chair

Prof. Kauko Viitanen (Finland).

Specific projects

  • Establish an Internet forum for discussion of the education on valuation.
  • Collect information and determine terminology, basic theories, basic methodology on valuation.
  • Create the educational package of valuation.
  • Co-operation with Commission 2 and especially with the WP 2.2 (Virtual academy - distance learning) on distance education and training and with Commission 9 especially the WP 9.1 (Education and training of valuers in developing economies). Co-operation also with all other commissions as regards distance education and training.
  • Establish contacts with the universities, the associations for valuation etc. outside FIG.
  • Set up a home page with an educational package of valuation with hyperlinks to Web sites for distance learning.

Workshop(s)

  • Virtual workshops and information delivery via the Internet.
  • Presentations at FIG working weeks, Korea 2001, USA 2002 and Germany 2006.
  • Discussions/presentations can be arranged also in some other seminars of Commission 9 (e.g. Copenhagen 2001).

Publication(s)

  • Digital material on Web sites
  • Short articles in journals

Timetable

  • Set up home page with hyperlinks to Web sites during 2001-2005.
  • Continuous communication via the Internet.
  • Working group final report, Congress in Munich, 2006.

Beneficiaries

Distance learning students, individual surveyors, civil servants, politicians, landowners, employers, universities and university teachers etc.


Other Activities

  • Expand communications to valuers and appraisers worldwide through the commission home page.
  • Through the internet and other means of communication, act as a clearing house for practical research, data base development, data searches and educational opportunities,
  • Reach out to academia, both faculty and students, to encourage future research papers for presentation at FIG events.
  • Interact with other FIG commissions, especially Commission 2 - professional standards - and Commission 2 - professional education - in matters relating to valuation practices and protocols.
  • Organise presentations of technical papers by practitioners of interest to valuers and appraisers as Commission 9?s contribution to FIG events.

Commission officers and chairs of working groups

Chair
G. Michael Yovino-Young
2716 Telegraph Avenue
Berkeley
Ca. 94705-1175
USA
Email myovino-young[at]yovino.com
Tel + 1 510 548 1210
Fax + 1 510 548 3110

Vice-Chair
Stephen Yip
Land Elite Surveyors Ltd
Sea Bird House, 5th floor
22-28 Wyndham Street
Central
HONG KONG, CHINA
Email landelit[at]netvigator.com
Tel + 852 2869 7138
Fax + 852 2869 6010

Working Group 9.1

Chair
Bill Rodney
Business School
City University
Northampton Square
London EC1V 0HB
UK
Email whr[at]dial.pipex.com
Tel + 44 171 477 8213
Fax + 44 171 477 8673

Working Group 9.2

Chair Michael Yovino-Young (see above)

Working Group 9.3

Chair Simon Adcock
Office of the Valuer General
235 Queen Street
Melbourne
Victoria 3000
Australia
Email Simon.Adcock[at]nre.vic.gov.au
Tel + 61 3 9603 8118
Fax + 61 3 9603 8130

Working Group 9.4

Chair Mr David Millard 
GMAC Commercial Mortgate Co.
550 California Street, 12th Floor
San Francisco
CA 94104
USA
Tel. + 1 415 391 6155
Fax + 1 415 391 2749
E-mail: 

Joint Commission 2 and 9 Working Group

Prof. Kauko Viitanen
Helsinki University of Technology
Real Estate Studies
P.O. Box 1200
02015 HUT
Finland
E-mail: kauko.viitanen[at]hut.fi
Tel. + 358 9 451 3870
Fax + 358 9 465 077


©2017 FIG