OBA Academy organises RICS workshop
By: Times News Service
Muscat: The Oman Banks Association (OBA), recently organised a 2-day workshop by the Royal Institution for Chartered Surveyors (RICS) to develop a unified and educated approach to real estate valuation for the financial sector in Oman.
The online event was attended by a number of senior bankers as well as representatives from the Central Bank of Oman and the Capital Market Authority. The programme covered the following modules:
Introduction to international valuation standards;
Introduction to the 7-tier valuation framework;
Residential & commercial valuation services; and
Best practices in procuring valuation services.
The Royal Institution of Chartered Surveyors is a professional body promoting and enforcing the highest international standards in the valuation, management and development of land, real estate, construction, and infrastructure. RICS development and enforcement of leading international standards, end
Real Estate Brokerage 101: The importance of a surveyor in acquiring a landed property [Part 1]
By Chris Nii Abbosey
18 HOURS AGO
A few years ago, I got a client who was referred to me after going through hell to acquire land previously.
He showed me one of the site plans of the land he failed to acquire even after making payments. The land was engrossed into a dispute after it emerged that he was one of three persons to have bought the same land. To make matters worse, the land which they were showed to be the land as developed in the site plan was actually in the sea. Yes! You heard me right.
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Summary:
How the Royal Institution of Chartered Surveyors (RICS) delivered its digital transformation program in weeks rather than years due to COVID-19.
(Image sourced via RICS website)
The Royal Institution of Chartered Surveyors (RICS) is working with Adobe to create a platform that supports the rapid digitization of people, processes and products.
Aidan Connor, Head of Digital Solutions at the Royal Institution of Chartered Surveyors, recognises that gearing up for digital transformation is never straightforward - but it s particularly challenging in a 150-year-old institution, which is a membership organization that serves more than 134,000 qualified and trainee professionals across the globe.
UK house prices surge to record high over year to April House prices jumped by 2.1%, marking the biggest monthly increase since 2004
Fri, Apr 30, 2021, 08:05
The report predicts that annual house price growth will reach double digits by this summer.
The average house price surged by nearly £16,000 over the year to April to hit a new record high, according to an index.
Across the UK, the typical property value hit a peak of £238,831 in April, Nationwide Building Society said.
The average price had increased by £15,916 over the previous 12 months.
Nationwide said annual house price growth rebounded to 7.1 per cent in April, from 5.7 per cent in March.