Why Property Valuations Are Lower Than Expected (Understanding “Down Valuations”) In the property market, few terms create as much confusion as the idea of a property being “down valued.” At Watsons Chartered Surveyors, we hear questions such as:“Why has the valuer down valued this property?”“What can be done when a valuation comes in lower than expected?”These concerns are...
RICS accreditation is often used as a shorthand for professional standards in surveying, valuation and property advice. For firms such as Watsons, the important designation is being Regulated by RICS.RICS stands for the Royal Institution of Chartered Surveyors, founded in 1868 in London, is the professional body for surveyors, valuers and property specialists. A firm that is Regulated by RICS must follow...
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