Sponsored by and in partnership with Amlak Real Estate Newspaper, the Saudi Authority for Certified Appraisers is organizing today, Wednesday, in Riyadh, the «First Professional Forum for Appraisers», a specialized forum bringing together the Authority’s members from various branches of valuation. The event will feature a series of working papers and panel discussions and will highlight the latest developments in the valuation profession. During this forum, sponsored by His Excellency Dr. Majid Al-Qasabi, Minister of Commerce and Investment, the first cohort of members to obtain accreditation in the real estate appraisal branch will be honored (AR TAQEEM) and the Economic Facilities Valuation Branch (AB TAQEEM), and graduates of the trainer-of-trainers program in real estate appraisal will also be honored.
On this occasion, the Authority’s Secretary-General, Engineer Sultan Al-Jreis, stated: «Through this forum, the Authority seeks to enrich the scientific content of the valuation profession by holding discussion sessions led by Authority members on specialized topics in the field of valuation, It will also facilitate the exchange of experiences and expertise among the Authority’s 970 members from various regions of the Kingdom.
Al-Jreis explained: «At this forum, we will honor 110 members who have obtained accreditation in real estate appraisal, 25 members in economic facilities appraisal, and 20 certified trainers in real estate appraisal training courses.»
The Authority’s Secretary-General explained: «The Authority offers comprehensive accreditation programs in real estate appraisal, economic facility appraisal, and motor vehicle accident damage assessment, These programs include training courses and hours of professional practice, in addition to personal interviews conducted by specialized committees for all candidates seeking accreditation, during which their previous work is discussed to ensure their compliance with standards and their application of the tools and knowledge they were trained on during the training courses.» Al-Jreis emphasizes: ”The appraisal profession is one of the key drivers for achieving the Kingdom’s Vision 2030, and these appraisers will have a significant impact and make an active contribution through their professional practice—based on international standards—to the secure growth of the national economy.
