The Secretary General of the Saudi Commission for Certified Valuers «Evaluation», Engineer Faisal Al-Mandeel revealed that the total value real estate valuation during the past year reached 100 billion riyals, and showed that the Commission provided more than 1400 training courses through its training arm (Evaluation Academy), which benefited more than 30 thousand trainees.

Engineer Faisal Al Mandeel explained during his participation in the Future of Real Estate Forum that the Authority has issued 127 thousand evaluation reports that serve the beneficiaries of the Real Estate Fund since the completion of the link with the Fund in mid-2021, stressing the importance of the evaluation activity by saying that the evaluator contributes to preserving rights in many processes such as sale, purchase, acquisition, disputes and litigation.He stressed the role of the Authority in developing the valuation profession and qualifying and training its practitioners amid the great movement in the real estate market and the development of its products, indicating that the Authority continues to work to overcome the challenges facing valuers while practicing their work through cooperation with a number of related parties with the aim of unifying the source of data and information that benefits valuers.

He pointed to the «Taqdeer» system established by the Authority as an integrated electronic platform to manage, operate and organize vehicle accident damage assessment operations in a professional and highly professional manner and according to the best international standards and standards, indicating that the electronic system is automated in communication, indicating that the electronic system is automated in communication.