Assistant Valuer Interview Questions and Answers

Valuation is the process of determining the value of a property or asset based on various factors.

• Valuation involves analyzing market trends, comparable sales, and the condition of the property.

• Different valuation methods include sales comparison approach, income approach, and cost approach.

• Valuation is important for determining the worth of a property for buying, selling, or financing purposes.

Calculating the area of various shapes is a fundamental skill for an Assistant Valuer.

• To calculate the area of a rectangle, multiply its length by its width.

• To calculate the area of a triangle, multiply its base by its height and divide by 2.

• To calculate the area of a circle, multiply pi (3.14) by the radius squared.

• To calculate the area of a trapezoid, add the lengths of the parallel sides, multiply by the height, and divide by 2.