AUSWIDE VALUATIONS MEMBERSHIPS

Australian Valuers Institute (AVI)

AusWide Valuations is proud to be associated with the AVI to uphold and measure itself against ands aims to supersede the standards set by the AVI. Pino Tedesco, one of the Directors of AusWide Valuations, is an Associate of the Australian Valuers Institute (Membership Number 438).

Information on the AVI

History
The Australian Valuers Institute Co-operative Limited was founded 65 years ago in 1938 under the name of The Institute of Building Society having a wide membership through NSW. It was then called The Institute of Consulting Valuers and now is known as the Australian Valuers Institute.

Cover of Excellence™ - ‘Professionals who care’
Only valuers who are AVI members with current Practising Certificates issued by the AVI are able to participate in the NSW government Professional Standard Council Cover of ExcellenceTM scheme.
AusWide Valuations Director, Pino Tedesco, is a proud participant in the NSW government Professional Standard Council Cover of ExcellenceTM scheme, as he holds a Practising Certificate.

The AVI Cover of Excellence™ scheme demonstrates the commitment of members to maintain a high ethical standard. It encourages members to adopt practical risk management strategies to achieve quality of service and to create a culture of excellence and responsibility in the valuation industry. That culture supports qualified, proficient valuation practitioners to serve the best interests of valuation clients and provide a proper cover of protection.
For more information on the Professional Standards Scheme and to see how it may assist you in managing your valuation business, please click the link below or contact the AVI. secretary@valuersinstitute.com.au

Claims monitoring
For the year ended June 2003 AVI received no legitimate claims against members. The AVI monitors public liability and professional indemnity insurance costs by holding open forums at seminars and Annual General Meetings and reviewing letters and annual renewal forms.
Continuing Professional development (CPD)

The AVI requires members to complete a minimum of 40 hours structured and unstructured CPD annually. The AVI Scheme applies to members with practising certificates issued by the Institute and members are required to certify their compliance with the requirement as part of the process of annual renewal of their practising certificates. The AVI supervises compliance with CPD by auditing 10% of members. For the year ended June 2003 AVI random audits found that all the audited members satisfactorily completed or exceeded the minimum CPD requirement.
Here at AusWide Valuations we take our continued professional development seriously with our AVI members taking continued professional development sessions and attending AVI conferences.

 

Complaints and Discipline System
The AVI established a new Complaints and Discipline System when approved for the Cover of Excellence Scheme. The AVI system is modelled on the Model Code provided in the Professional Standards Act. No complaints were made against AVI members during the year ended June 2003.

 

Advisory and Support Services
The AVI has successfully fostered a fraternity approach to relationships between valuation members. Board members and the AVI Secretary liaise with members regarding insurance and other valuation risks. This informal consultative system of support and advice works to the benefit of our valuation members.

The Board has introduced components in its annual seminar program covering current risk management techniques. These components have been delivered by contracted legal specialists who are currently further developing AVI Standards and Practising Guidelines under a grant obtained by AVI from the PSC under its Star Initiative Grant Program.
To ask a question regarding the AVI or PSC or AusWide valuations, or alternatively to obtain a valuation quote please click here.

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