The module introduces learners to theories that underpin real property valuation to develop an appreciation of fundamental concepts and principles of vaulation. It includes a critical review of value theory, valuation theory and concepts of market value. Building from the fundamentals, various methods of real estate valuation are introduced. Topics include: - nature and scope of valuation; - concepts of value, particularly open market valuer; - and fair market value; - foundations of valuation; - role and functions of the value; - characteristics of property and the property market; - market study and valuation; - the valuation process; - professional standards and valuation report; - and, the methods of valuation; The job roles trained by this course will support businesses by providing expertise in the following areas: - Financial Services Consulting; - Business/market analysis and research; - Product/business/market development.