Mohammad Al-Babtain, General Manager of Al-Babtain Real Estate Company, emphasized the importance of real estate valuation because of its great importance in the real estate market, pointing out that the valuation process is only carried out by competent and responsible parties and has experience and knowledge of the real estate market, and Al-Babtain stressed that the evaluator or real estate appraiser must have a number of qualities, most importantly honesty, honesty, responsibility, competence and experience in the area where the real estate is located, and be familiar with the variables.

Babtain stressed the importance of real estate valuation.

In his talk on real estate valuation, Al-Babtain touched on a number of obstacles facing the valuation process, indicating that the convergence of the price of the property with the price of the land causes many issues in completing the task, and Al-Babtain explained that one of the correct criteria for valuation is to study the property on the ground.

Al-Babtain explained that one of the correct criteria for valuation is to study the property on the ground. <Al-Babtain praised the efforts of the Saudi Valuers Authority, which took upon itself to train and qualify real estate cadres, which led to the exit of manipulators from the market, stressing its role in disciplining the valuation processes that need great effort in investigating and asking, as well as the availability of trust between all valuation processes (owner, buyer and real estate appraiser). Al-Babtain identified three methods of correct valuation, which are based on land, building and ratio.