Red Book: Purpose, Application and Benefits

65.00 USD

1.0 Hours Formal CPD

This class provides context for the Valuation Standards and why they are so important to Valuers and their clients worldwide. We will describe the fundamental principles underpinning their use and discuss the content, including the International Valuation Standards.

Available Classes

On Demand (Recording)

Course information

We will highlight key areas with brief case studies. There will be some interactive multi choice questions to check understanding.

Course Content

This course will include the reasoning and theory behind the Red Book, whilst showing you how it practically applies to your role.

  • Objectives/ agenda – this is what we will be doing and why
  • Context for the Red Book 2017
  • Contents of the Red Book 2017
  • Key changes from previous edition of global Red Book
  • Changes to the UKVS layout.
  • The international angle (IVS 2017)
  • Conflict of interest
  • Terms of Engagement - example
  • Reporting - example
  • Valuation bases
  • Other areas – loan security, contamination, uncertainty

*Note to participants: this course is designed based on global application of the standard and does not reference regionally specific application

Who Should Attend?

  • Commercial Valuers
  • Residential Valuers
  • Professionals working with Valuers

Pre-Class Reading Material/Post Reading Material

Participants should access the latest version of the Valuation Standards (online version) from the RICS website and have a quick look at the content. An awareness of the document would be helpful.


This on-demand video course is a recorded, instructor led program with interactions built in to test your knowledge.

+1 (646) 786-8364

Learning outcomes

  • State the purpose of the Red Book 2017
  • List the main contents
  • Key changes from Red Book 2014
  • Describe how to use the Red Book
  • Understand the global application of the Red Book / IVS
  • Identify the bases of valuation to be used
  • Locate the relevant practical templates as examples of best practice
  • Presenter


    Lance W. Doré FRICS

    Additional information

    Next start date: On demand

    Presenter: Lance W. Doré FRICS

    Category: Property

    Member price: $35.00

    Price: $65.00

    Course Type: Product / Web Classes

    Deliver this in company

    If you're interested in having this course delivered at your company, explore the opportunities or contact us.