2000 Recognised European Valuers - The REV Mark of Excellence Embedded!
TEGoVA's Autumn General Assembly in Lisbon on 16th November broke all previous attendance records with over 80 registered delegates from 22 countries including Richard Borges, Lance Coyle and Frederik Grubbe, the President, Vice-President and CEO of the USA's Appraisal Institute.
European Valuation Conference
The General Assembly was hosted by the Professional Association Valuation Companies of Portugal (ASAVAL) which, on the previous day organised a European Valuation Conference titled ""Raising the Standards for the Valuation Profession" The conference was attended by some 200 valuers, other real estate professionals and representatives from local banks and institutions interested in property valuation.
The conference was chaired by Roger Messenger and speakers included Adriano Callé Lucas, President of ASAVAL and several members of TEGoVA Boards. There were also notable presentations by Professor Artur Bezelga, Chairman APAE, Pat Davitt, CEO, Institute of Professional Auctioneers and Valuers (Ireland), Hans van der Ploeg, Managing Director, VBO Makelaar (Netherlands), Silvia Capelli, Vice President, ASSOVIB (Italy) and Denis Podshivalenko, Vice President, Intra Regional Appraisers Assocition, Russia.
The message underlying most of the speeches and presentations was that the standard of valuation practice in Europe had improved significantly over the last few years thanks largely to European Valuation Standards and the development of a successful Recognised European Valuer programme.
The General Assembly
The next day, the Assembly welcomed delegates from 5 new member associations namely the Union of Expert Geometers of Brussels (UGEB-ULEB), the Institute of Certified Valuers of Montenegro (IOPCG), the Association of Real Estate Agents and Valuers of the Netherlands (VastgoedPRO), Chamber of Valuers of the Republic of Macedonia and the Spanish Association of Value Analysis, taking the membership of TEGoVA to 57 Associations from 31 countries.
The delegates celebrated the passing of a significant milestone with the award of certificates to 242 new Recognised European Valuers taking the total of Recognised European Valuers to above 2000, awarded by 22 TEGoVA member associations.
Having passed the REV assessment process with success, the delegates gave the right toVBO Makelaar of the Netherlands and AEVIU (Spanish Association of Real Estate and Urban Appraisal) to award the title of Recognised European Valuer (REV) to real estate valuers in their countries on behalf of TEGoVA, taking the number of REV Awarding member Associations of TEGoVA to 24 associations from 14 countries.
Under the aplauses of the Assembly, Roger Messenger hand over the first Recognised European Valuation Company-REVC certificate to Luis Leirado Campo, President of ATASA and Chairman of the awarded valuation company Técnicos en Tasación S.A..
The Assembly focused on current hot topics arising out of EU driven policies and directives, including the Mortgage Credit Directive, the EU Economic Governance Agenda targeting Property Tax and EU-Enforced Evaluation of National Regulations on Access to Professions. There were reports and presentations by Wolfgang Kälberer (Association of German Pfandbrief Banks), David Magor (CEO, Institute of Revenues Rating and Valuation) and Roger Messenger (Chairman of TEGoVA). Also the Appraisal Institute's Richard Borges II and Lance Coyle delivered a presentation titled "U.S. Experiences with Ad Valorem Tax and Assessment Appeal"
Reiner Lux, Managing Director of HypZert and Silvia Cappelli, Vice President of the Association of Property Companies for the Banking Sector (Italy) reported on the progress being made in TEGoVA's ongoing research project in respect of retail properties across Europe, the end result being so called "Retail Property Data Sheets" aimed at Reconised European Valuers in particular.
Danijela IIić, President, National Association of Valuers of Serbia, delivered a presentation setting out proposals on how TEGoVA could become more proactive and service orientated in relation to its members, particularly in emerging economies with newly developing valuation professions.
Finally of major importance was the announcement of John Hockey, Chairman, European Valuation Standards Board, of concerning the commencement of work on the 8th edition of the European Valuation Standards to be launched in Brussels in 2016.
Finally the delegates welcomed five new member associations from Belgium (UGEB-ULEB)), Montenegro (IOPCG), the Netherlands (VastgoedPRO), Republic of Macedonia (KPRM) and Spain (AEV), taking the total number of TEGoVA member associations to 57 across 31 countries.
The next TEGoVA General Assembly will be held in Oslo (Norway) on May 2014 and organised by the Norwegian Surveyors and Valuers Association.