MEDIA RELEASE
23 January 2013
For immediate release
New Zealand business delivers property information to the global market
A Wellington business, Property Education and Training Limited, has developed the online platform to make the
International Valuation Standards and supporting documents available electronically to the global market.
The International Valuation Standards have traditionally been distributed to valuers and financial institutions in a
hard copy format. This format is expensive and time-consuming to produce, difficult to maintain and cumbersome to
distribute around the globe. The ongoing improvements that are made to the standards can only be reflected every few
years when a major update is reflected in a reprint.
Chris Thorne, Technical Director for the International Valuation Standards Council says “IVSonline will enhance the
practicality of referring to the International Valuation Standards and will ensure they are more accessible to the
hundreds of thousands of valuers and appraisers worldwide. It means every subscriber will have the opportunity to access
the latest version at their fingertips”.
Property Education and Training is a subsidiary company of the Property Institute of New Zealand. Managing Director,
Allan Smee, says “this is an exciting opportunity for Property Education and Training Limited to enter the global market
in an area we feel so passionate about - ensuring the availability and accessibility of valuation standards”.
“One of our core goals is to ensure that training material is available anywhere and any time at the convenience of the
learner. Our material is available through the internet and accessible on mobile devices such as smart phones and
tablets” Mr Smee says.
“Property Education and Training also offers the Real Estate Agents Authority verifiable education and is working with
government agencies to develop specialised property-related learning material” says Mr Smee.
For more information visit www.propertytraining.co.nz.
ENDS