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Valuation Surveyor

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Reference
VAC-44866
Contract Type
Full-Time
Industries
Land Use & Environmental Management
Location
May Pen
Salary & Benefits
Date Posted
05/05/2023
Expiry Date
15/05/2023
To conduct real estate research, collect and analyse property sales data, value properties for transfers on death, Intervivos Transfers, vet sales at arms-length, appraisals on valuation cases, conduct feasibility studies and settle objections.

 

KEY OUTPUTS

  • Research and feasibility studies conducted; 
  • Property inspection and valuations conducted; 
  • Valuations reports prepared; 
  • Queries answered and decisions provided; 
  • Sales data collected and analysed; 
  • Data Base of Property Values maintained; 
  • Objection Cases settled; 
  • Reports prepared and submitted. 

 

KEY RESPONSIBILITY AREAS 

Technical and Professional Duties 

  • Organises and conducts real estate research; 
  • Values properties under the Stamp Duty and Transfer Tax Act; 
  • Maintains and applies sales analysis data to arrive at market value for properties;
  • Analyses property sales and other data; 
  • Analyses sales information to determine improved or unimproved sales data;
  • Prepares value standards for property areas; 
  • Conducts site inspections, valuation of properties and liaise with Agents, attorneys and land owners; 
  • Prepares and submits valuation files and report to the Supervisor for approval; 
  • Liaises with Senior Valuer and Manager in respect of suggestions, difficulties and possible changes in procedures;
  • Settles objection cases and assists in preparing appeal cases; 
  • Obtains subdivision plans, titles and other information on ownership and acreage of property; 
  • Provides assistance to Senior Valuer in specialist and complex valuation cases; Conducts valuations for MOCA, FID; 
  • Testifies in Court in a technical capacity for the Assistant General Manager, Audit and Assessment; 
  • Supports the identification and management of risks within the organization and by extension the respective area of work; 
  • Performs other related duties assigned by the Manager, Valuations. 

 

PERFORMANCE STANDARDS

This job is satisfactorily performed when: 

  • Research and feasibility studies are conducted based on stipulated guidelines and are completed within the agreed timeframe; 
  • Properties are inspected and valued in accordance with the established timeframe, standards and procedures; 
  • All sales data is collected, analysed and the relevant information submitted as directed within the required timeframe; 
  • Data banks of property values are updated on a daily basis; 
  • Objection cases are completed in accordance with the guidelines and by the stipulated time; 
  • All queries are correctly answered and technical decisions provided in the stipulated time; 
  • Reports prepared and submitted in keeping with established standard and agreed timelines. 

 

AUTHORITY TO:

  • Amend declared property values; 
  • Inspect properties; 
  • Access private property; 
  • Prepare valuation standard;
  • Determine unimproved and improved property value. 

 

REQUIRED COMPETENCIES

Specific Knowledge 

  • Expert knowledge in property valuation and standards (RICS); 
  • Expert knowledge of the Acts governing Stamp Duty and Transfer Tax;
  • Knowledge of quantity surveying; 
  • Knowledge of the functions and operations of Tax Administration Jamaica;
  • Working knowledge of computer systems and the relevant applications. 

 

Required Skills and Specialised Techniques 

  • Excellent research and data analysis skills; 
  • Excellent judgement, decision making and problem solving skills;
  • Excellent time management skill; 
  • Good analytical, planning and organising skills; 
  • Good communication, interpersonal and team skills. 

 

Qualifications and Experiences 

  • B.Sc. in Land Economy and Valuation Surveying or the equivalent;
  • Diploma in Construction Technology/Construction Management /Agriculture;
  • Two (2) years related work experience. 

 

WORKING CONDITIONS

  • Exposure to disagreeable conditions (dust, dirt and inclement weather);
  • Required to work outside of the normal working hours; 
  • Exposure to adverse social conditions; 
  • Field work required (60%).

 

  • Region: 
    May Pen
    Occupational fields: 
    Other
    Other
    Other
    Required degree level: 
    Other

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