THE IMPORTANCE OF CERTIFICATION

The competitive environment in property valuation in the Czech Republic is growing due to a growing number of qualified persons. In addition to the experts appointed by the Presidents of the Regional Courts or by the Minister of Justice there are a growing number of property valuers and other experts who run their businesses as provided by the Trade Act. The success of both these groups depends on the clients’ custom – the clients being courts, businesses or individuals. Considering the volume and lucrativeness of valuations, it can be expected that property valuers will be most interested in working for private clients – businesses and banks.

The wide choice of the growing ranks of property valuers makes one think about the best way to gain publicity and to let the potential client know that your services are better than those of your competitors. The professional competency of individuals (businessmen and employees) can be proved by recommendations and also by certification based on the ČSN EN ISO/IEC 17024 international standard. Some clients, especially from the banking sector, consider this certification a necessary condition for cooperation and for others it is an obvious competitive advantage.

Economic development in the Czech Republic made the real estate business possible. Nowadays there are a great number of real estate agents and agencies of different professional levels. The influence of the growth of the competitive environment makes these groups think about ways to gain publicity and offer services of high – above-standard – professional quality to their clients.

The IFE Certification Body offers an accredited field of study in compliance with the ČSN EN ISO/IEC 17024 international standard – a certified real estate agent.
Certification is offered to those that feel the need to prove that they are among the top in the field and want to succeed in the competition.

As an independent and unbiased third party, the Certification Body provides certificates verifying a reasonable confidence in the person under certification being qualified to carry out activities in the field for which they have been certified. Regular supervision over the certified persons exercised by the IFE CB will ensure that their professional level is maintained.