New journals

TEGOVA issued new European journal with two new podcast (https://tegova.org/podcast)

NAVS member, Marko Popović, prepared an article about functional obsolescence in PME.

 

Also, NAVS issued new journal https://procenitelji.org.rs/biblioteka/nups-bilteni/

Multidisciplinary Guidance & Insight Newsletter #1 by Dennis A. Webb, ASA, MAI, FRICS

Welcome to the cutting edge of multidisciplinary valuation. The first issue of the free newsletter that is intended to make your cross-disciplinary valuation work highly credible and persuasive. Emphasis will be on partnerships, LLCs, and common tenancy interests, but also allocating asset values for a going concern and more on cross-disciplinary issues that are controversial and often difficult for appraisers and clients alike. One of objectives is to inspire awesomeness and to provide guidance for “asking the right questions in the other discipline’s language,” a significant theme you will see in successive newsletters.

See full newsletter at: https://us13.campaign-archive.com/?e=__test_email__&u=397d1387c290474336106d12b&id=c7b6eb12b5

For next newsletters you can SIGN UP HERE.

iiBV 105 course – Valuation of Intangible Assets in Serbian language

We are pleased to announce that we are continuing the educational program “iiBV – Business Valuation courses” organized by the National Association of Valuers of Serbia in cooperation with iiBV – International Institute for Business Valuation and for the first time it will be in Serbian language.

 

iiBV 105 on Serbian language will be held from 9th April – 14 April 2022. Lectures are scheduled at:

Date       / day; Time:
9. April / Sat 10-13h CET
10. April / Sun 10-13h CET
12. April / Tue 15-18.30h CET
13. April / Wed 15-18.30h CET
14. April / Thu 15-18.30h CET

The lectures will be held via online platform – Zoom and by qualified lecturer. 

 

You can find the Agenda and Application form on the link: Agenda iiBV 105  i FormularPrijave-ApplicationForm-iiBV105 April 2022

 

Educational courses iiBV 101 and 102, iiBV 103 and 105 are recognized by the American Society of Appraisers – ASA. Successful completion of these courses forms a part of the requirements for obtaining a globally recognized professional designation – ASA for business valuation appraisers.

Online seminar 04.03.2022 – Valuing Real Estate Fractions – Application Software by Dennis A. Webb, ASA, MAI, FRICS

We are pleased to invite you to register for ONLINE seminar scheduled for 04 March,2022 at 14:00h CET with theme – Valuing Real Estate FractionsApplication Software by Dennis A. Webb, ASA, MAI, FRICS – a business and real estate appraiser, former syndicator and engineer.

 

ABSTRACT

A major, online software application makes using 2.0 fast and easy. It guides the valuer through a carefully organized checklist of all of the facts and circumstances that are likely to be important for the holder of a fractional interest in real estate. It’s algorithm completely eliminates the need to build valuation models, while providing instant results for all input changes. This session illustrates the entire valuation process through several case studies.

 

The stepwise process begins with the underlying real estate assets, then the entity, management of the real estate, control attributed to the subject interest, a partition lawsuit (if an available option), marketability and likely holding period based on restrictions and barriers to a pro rata exit.

 

In attachment you can find biography of the instructor.

 

Associated with NAVS – National Association of Valuers of Serbia, D.Webb held online seminars Valuing Fractional Interests in Real Estate – Introduction to Real Estate Fractions and Valuing Undivided Interests in Real Estate (Valuation Methodology and 2.0)

 

Attendance on this online seminar brings you 2 points for CPD – Continuing Professional Development for REV certified valuers . Also, according to the RICS system for CPD qualifying activities which is based on personal assessment i.e. individual member deciding which activities are relevant for their professional development, we recommend this seminar for your personal professional development in valuation profession.

Also, this seminar is a part of continuous education of members of  American Society of Appraisers (ASA) and the Appraisal Institute (AI).

 

Seminar will be broadcasted via online web platform (we will send you the link). Participants will be able to send questions to speakers via CHAT on the platform.

 

Fee for 25 February is:

Fee is 50 EUR (+VAT)

Members of NAVS can participate for free

 

*number of online participants is limited due to limitation of online platform

 

You can register by sending an email to office@procenitelji.org.rs (name of the participant, email address, information about payer)

Educational programme of real estate valuation Spring 2022 – REGISTRATION IS IN PROGRESS!

The education program “Real Estate Valuation” in the spring cycle begins on March 21, 2022.

More information about the program can be found in the Agenda Procena vrednosti nepokretnosti Proleće 2022 Web

You can apply by sending the FormularPrijave-ApplicationForm RE Mart WEB  to the address of NUPS office@procenitelji.org.rs

Registration is in progress!

7th Serbian Property & Infrastructure Development Conference 22.03.2022

We invite you to register for 7th Serbian Property & Infrastructure Development Conference – organized by TGI International Group on Tuesday, 22 March 2022.

7th Serbian Property & Infrastructure Development Conference is an event in Serbia for the exchange of ideas and information about the Property & Infrastructure Development sector in Serbia and the wider region. It features presentations from the most senior members of the local business community, government officials of the highest. It also attracts more than 250 highly relevant attendees from major real estate developers, construction groups, financial institutions, public sector companies, journalists and independent real estate professionals from Serbia and abroad. This year’s Conference will provide valuable insight into challenges and opportunities in property & infrastructure projects, real estate & infrastructure financing trends & issues, the future of commercial & logistics real estate and retail & shopping centres, construction industry scope, property valuations and other core industry topics.

More details about the conference, key topics, speakers and sponsors you can find on the following link: https://www.realestateconference.rs/

See the Draft Agenda (as of 7th February)  here: 7. RE & Infrastructure Development Conference draft agenda as of February 7

Below you can Find:

Participation Form – for participation in hotel Metropol

Participation Form – online participation – for online participation

A discount is provided for NAVS members.

Valuing Real Estate Fractions – Valuation Methodology by Dennis A. Webb, ASA, MAI, FRICS – 25.02.2022.

We are pleased to invite you to register for ONLINE seminar scheduled for 25 February,2022 at 14:00h CET with theme – Valuing Real Estate FractionsValuation Methodology by Dennis A. Webb, ASA, MAI, FRICS – a business and real estate appraiser, former syndicator and engineer.

 

ABSTRACT

The factional interest valuation methodology is multidisciplinary, developed on the basis of a generally accepted income approach, having a specific application for real estate, but also includes methods and data which are used in business valuation.

 

On the link you can find biography of the instructor.

Dennis A. Webb MAI, ASA, FRICS – bios

 

Associated with NAVS – National Association of Valuers of Serbia, D.Webb held first part of online seminar on 18 February 2022 – Valuing Fractional Interests in Real Estate- Introduction to Real Estate Fractions, and 2 more are planned for:

25 February 2022 – Valuing Fractional Interests in Real Estate – Valuation Methodology

4 March 2022 – Valuing Fractional Interests in Real Estate – Application Software

 

Attendance on this online seminar brings you 2 points for CPD – Continuing Professional Development for REV certified valuers . Also, according to the RICS system for CPD qualifying activities which is based on personal assessment i.e. individual member deciding which activities are relevant for their professional development, we recommend this seminar for your personal professional development in valuation profession.

Also, this seminar is a part of continuous education of members of  American Society of Appraisers (ASA) and the Appraisal Institute (AI).

 

Seminar will be broadcasted via online web platform (we will send you the link). Participants will be able to send questions to speakers via CHAT on the platform.

 

Fee for 25 February is:

Fee is 70 EUR (+VAT)

For members of NAVS fee is 50 EUR (+VAT)

 

You can register by sending an email to office@procenitelji.org.rs (name of the participant, email address, information about payer)

 

Valuing Real Estate Fractions – Introduction to Real Estate Fractions by Dennis A. Webb, ASA, MAI, FRICS 18 February 2022

Dear colleagues,

 

We are pleased to invite you to register for ONLINE seminar scheduled for 18 February,2022 at 14:00h CET with theme – Valuing Real Estate FractionsIntroduction to Real Estate Fractions by Dennis A. Webb, ASA, MAI, FRICS – a business and real estate appraiser, former syndicator and engineer.

 

Associated with NAVS – National Association of Valuers of Serbia, D.Webb will have 3 online seminars:

18 February 2022 – Valuing Fractional Interests in Real Estate- Introduction to Real Estate Fractions

25 February 2022 – Valuing Fractional Interests in Real Estate – Valuation Methodology

4 March 2022 – Valuing Fractional Interests in Real Estate – Application Software

 

First session – INTRODUCTION  begins with an examination of partner motivations, intangible value sources,

changing conditions and all-to-often difficult outcomes. It then shows how and when to apply fair value standards, allowing for recognition of intangible and personal attributes of the interest in the hands of both buyer and seller. The valuer can be very helpful in guiding the parties to ask the right questions, and hopefully make such deals without litigation.

 

Fractional ownership is normally created because the parties perceive intangible benefits from their venture. Otherwise, why would anyone pay more than their proportionate share to get into a restricted, illiquid real estate deal? Intangible benefits are often very real, and allow for ventures and investments that would never be achievable otherwise. But these benefits erode over time as issues are revealed and conflicts arise. Circumstances and partners’ objectives change, and, in time, partners are succeeded by the next generation.

 

Here you can find the abstract and biography of the instructor: Introduction to Real Estate Fractions – Webb – ABSTRACT 18.02.2022

 

Attendance on this online seminar brings you 2 points for CPD – Continuing Professional Development for REV certified valuers . Also, according to the RICS system for CPD qualifying activities which is based on personal assessment i.e. individual member deciding which activities are relevant for their professional development, we recommend this seminar for your personal professional development in valuation profession.

Also, this seminar is a part of continuous education of members of  American Society of Appraisers (ASA) and the Appraisal Institute (AI).

 

Seminar will be broadcasted via online web platform (we will send you the link). Participants will be able to send questions to speakers via CHAT on the platform.

Seminar will be available only in scheduled time in Belgrade time zone (CET).

 

Fee for 18 February is:

Fee is 70 EUR (+VAT)

For members of NAVS fee is 50 EUR (+VAT)

 

You can register by sending an email to office@procenitelji.org.rs (name of the participant, email address, information about payer)

Business Valuation course – iiBV 103 on Serbian language

We are pleased to announce that we are continuing the educational program “iiBV – Business Valuation courses” organized by the National Association of Valuers of Serbia in cooperation with iiBV – International Institute for Business Valuation and for the first time it will be in Serbian language.

 

iiBV 103 on Serbian language will be held:  

07  February – 11 February 2022

The lectures will be held via online platform – Zoom and by qualified lecturer. 

 

You can find the Agenda and Application form on the link: Agenda iiBV 103  i FormularPrijave-ApplicationForm-iiBV103 Februar 2022

 

Educational courses iiBV 101 and 102, iiBV 103 and 105 are recognized by the American Society of Appraisers – ASA. Successful completion of these courses forms a part of the requirements for obtaining a globally recognized professional designation – ASA for business valuation appraisers.

Notice – closing NAVS Secretariat for the holidays

We are closing NAVS Secretariat during the holidays in the period from 31.12.2021. till 09.01.2022.

First working day is Monday 10.01.2022.

We wish everyone happy holidays and all the best in the upcoming 2022. year.
Merry Christmas and a Happy New Year!