Level 1

Question 1

How do you ensure that you identify potential factors that will impact the marketability of a property during an agency inspection?

Question 2

How do you identify characteristics that may influence the value of a property during a valuation inspection?

Question 3

How do you ensure that you are compliant with safety regulations during inspections?

Answer 3

• Understand The Regulatory Requirements for Health & Safety.
• Establish a Health and Safety Policy.
• Implement Safety Procedures and Protocols.
• Provide Training and Education.
• Conduct Regular Inspections, Audits and Risk Assessments

Question 4

What experience do you have in carrying out inspections?

Answer 4

2 years of undertaking inspections across a variety of asset classes for a variety of purposes:

Asset Management

Valuation

Agency

Question 5

What is a balancing pond?

Answer 5

Sustainable water drainage system that prevents overflow

Question 6

How do you ensure you cover all aspects of inspection?

Answer 6

• Desktop Analysis
• Site Boundary Checks
• External
• Internal
• Photos and Review
• Health and Safety

Question 7

What are the different types of obsolescence

Answer 7

Physical

Economic

Functional - Change in occupational requirements for certain style.