Valuation matters!

One of the most FAQs is, what is the need for a valuation? #Asset #valuations are beyond the numbers, and can be instrumental when it comes to: 1. knowing the exchange price had the property actually transacted - market/resale value; 2. understanding the value of an asset, market dynamics; 3. tracking asset operational performance and change in value and market fundamentals; 4. analysing price estimates based on a set of market-based assumptions and relevant transaction evidence; 5. tracking the effectiveness of risk taking and decision making; 6. measuring the impact of market uncertainty and volatility. For it to be used and adopted as an alternative to the actual price, it must: a. consider other interests and concerns - ESG, legal, health, etc.; b. follows acceptable local (the Nigerian Valuation Standards - "Green Book") and global (IVSC) valuation standards and ethics, which are key to financial market stability. Contact @esvarbon www.esvarbon.gov.ng to know more about valuation practice and regulations in Nigeria. Connect with @akaa_ng www.akaa-ng.com for more insights and market intelligence on valuations and advisory services in Nigeria. 📹 credit: ivsc.org #valuations #valuationstandards #niigerianvaluationstandards #nigerianvaluers #esvarbonregisteredvaluers #realestatevaluation #assetvaluation #businessvaluation #valuationpractice #valuationpracticeinnigeria #valuationprofessionals #intellectualpropertyvaluation #financialplanning #financialmarket #financialpropertyvaluation #realestateinvestment #realestateinvestmentmarket #valuationmatters