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Land and property valuer and auctioneer

Valuers and auctioneers advise individuals and businesses that buy, sell and rent land and property. 

Salary, a pound sign Salary: £20,000 to £45,000 average per year
Hours, a clock face Hours: 37 to 40 per week

1. Entry requirements

You’ll usually need a degree or professional qualification approved by the Royal Institution of Chartered Surveyors (RICS) to become a land and property valuer. Relevant degrees include:

  • real estate management
  • property development and valuation
  • building surveying
  • quantity surveying and commercial management

RICS and University College of Estate Management have details of accredited courses.

If you have a non-accredited degree, like economics, law or maths, you could take an accredited postgraduate qualification in surveying. You could also do this through an employer's graduate trainee scheme or through distance learning with the University College of Estate Management.

If you’re already working as a surveying technician, you may be able to work your way up to a valuer or auctioneer role through further study.

2. Skills required

You’ll need:

  • excellent communication and presentation skills
  • maths skills 
  • negotiation skills 
  • organisational skills  

Foreign language skills may be useful if you want to work for companies that value assets abroad.

3. What you'll do

Your day-to-day duties may include:

  • estimating the market value of land, buildings and commercial property
  • researching and writing detailed reports for clients about their assets
  • organising auction sales
  • marketing auction sales to attract potential bidders
  • managing the auction process
  • carrying out business and insurance valuations
  • completing compensation assessments
  • offering investment appraisals and advice
  • keeping up to date with the market

4. Salary

Starter: £20,000 to £26,000

Experienced: £27,000 to £35,000

Highly Experienced: £45,000 or more (chartered land and property valuer)

If you work freelance you’ll negotiate your own rates.

These figures are a guide.

5. Working hours, patterns and environment

You’ll usually work 37 to 40 hours a week. Some property viewings and auctions may take place during evenings and weekends to maximise attendance.

Your job will be a combination of office work and fieldwork. Some auctions may be held outdoors when conditions allow. You’ll spend time visiting sites and travelling to meet clients, so you’ll usually need a driving licence.

6. Career path and progression

With experience, you could become a project manager, company partner or work as a freelance consultant.

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Last updated: 07 December 2016