04 Kikuyu Road, Sunninghill, Johannesburg, 2157

JOB VACANCY

Professional Property Valuer

Entry Date: 10 Feb 2024
Expiry Date: 18 Feb 2024

The Housing Development Agency (HDA) is a national public sector development agency that acquires and prepares land as well as develops the land and project manages the development of housing and human settlements. We carry out our activities in partnership with a range of stakeholders including national, provincial, and local government and municipalities, as well as with communities, developers, financiers, and other affected parties. Established in 2009, the Agency was established by an Act of Parliament in 2008 and is accountable through its Board to the Minister of Human Settlements. For more information about the HDA, please visit our website: www.thehda.co.za.

Follow us on Twitter @The_HDA and on Facebook: TheHDA.

The HDA has the following Three-year Fixed term contract position:

Professional Property Valuer

Location: Head Office – Johannesburg

Reporting Line: Head: Land ​

Ref: HDAPPV 003

Main Purpose: To express professional opinion on immovable property values, advise the Agency on property market trends and market values to be taken under consideration when procuring land for human settlements development. Assess and undertake valuation of properties and/or quality assure independent valuations in accordance with applicable policies and legislation.

Key Performance Areas:

1. Strategic Management & Business Planning

• ​Develop a Business Plan for property valuations strategies and land acquisition support services.

• Develop a Framework and operational plan for implementing a valuations strategy in line with HDA and government policies and legislation.

• Support Land acquisition strategies and Land Management approaches with partners for the delivery of integrated human settlements.

• Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to the HDA.

• Ensure that the strategy and business plan is communicated to stakeholders.

2. Land Valuation

Implement systems, policies and procedures dealing with identification and acquisition of immovable properties and/or real rights relating thereto.

Compile internal quality valuations of immovable properties including assessment of property risk and ensuring compliance with all procedures by conducting physical property inspections, research and analysis of market data and appropriate application of valuation methodologies.

Assist the HDA in determining estimated values of the land identified in the land acquisition pipeline for funding purposes.

Engage with all relevant stakeholders for purposes of undertaking this key responsibility area.

Undertake the necessary research to ascertain and determine the value of the land in accordance with the HDA’s valuation policies and criteria.

Presentation of valuations reports to the Agency and external stakeholders.

3. Service Provider Procurement & Management

• Facilitate the procurement of individual independent valuers and/or Panel of Independent Valuers to undertake valuation services for and on behalf of the HDA from time to time.

• Manage all aspects relating to the service providers including facilitating the processing and payment of invoices.

• Ensure that the Valuers are procured timeously and that quality valuations are finalised within the relevant timeframes.

• Presentation of all external valuations to internal and external stakeholders as and when required.

4. Valuations Quality Assurance

• Manage and Supervise the Service Providers in the development of the valuation reports to safeguard the quality of the valuations as well as the efficiency of the service provided.

• Ensure that the valuations reports produced by the independent valuers are aligned to the HDA policies, and relevant legislation.

• Quality control of all valuation reports by independent valuers to ensure that they meet all the relevant valuation criteria and standards in terms of applicable policies and legislation.

• Conduct audits on the valuations and ensure proper record keeping.

5. Land Valuation Management

• To participate and provide support to the land acquisition unit including but not limited to the following: -

o Facilitating the Independent valuation of all identified properties as and when requested.

o Assist the team through presentation and explanation of all valuations undertaken by independent valuers.

o Participate and assist the Land Acquisition Unit in the negotiations for the purchase of the land and/or donation of land parcels.

o Presentation of the Valuations to HDA stakeholders including Provinces and Municipalities.

o Making inputs into reports to HDA stakeholders relating to Land Acquisitions and/or pipelines.

o Facilitating meetings with Independent Valuers for purposes of clarifying their reports or breaking negotiations deadlock where required.

o Analyse and interpret factors and market forces and other information effecting asset values and provide expert advice where required.

o Manage cross-functional relationships through consistent feedback on workflow progress.

6. Policy Development and Implementation

• Review previous policies or guidelines regarding land acquisitions and in particular on aspects relating to valuations.

• Provide input in the drafting of policies/guidelines on land on aspects relating to valuations.

• Keep abreast with relevant legislative requirements impacting on valuations, conduct investigations into best practices and determine the appropriateness of specific legal procedures for implementation.

• Consult with stakeholders regarding existing and new policies and guidelines relating to properties and valuations.

• Distribute approved new policy or a guideline document to HDA for final approval after Portfolio meeting.

• Provide comments on policies and legislation relating to immovable properties and valuations.

7. Stakeholder Relations

• Participate in various meetings (internal and external forums, applicants, objectors, etc.) and provide comments/opinions on matters affecting or concerning the functionality.

• Collaborate with external departments/professions on complex issues related to property valuations and related principles (environment, agriculture, etc.) with a view to aligning internal processes.

• Attend meetings with project managers, developers, attorneys, and other stakeholders.

• Build and maintain relationships with clients through effective communication and engagement.

• Share expert knowledge and industry trends with clients through technical and advisory services.

• Ensure extraordinary client experience through professional conduct and interactions.

• Schedule and coordinate activities for self and/or others by identifying the appropriate resources required to perform these activities within a specific time frame in order to achieve business objectives.

• Share knowledge and industry trends with the teams nationally during formal and informal interaction.

• Contribute to a culture conducive to the achievement of goals.

8. Budget Management

• Prepare and manage land valuations budget.

• Provide input to the land acquisitions budget.

• Provide support to Provincial Departments of Human Settlements with regards to land acquisitions budgets.

• Manage resources allocated to the valuations unit.

9. People Management

• Select, assign, lead and manage people.

• Set clear objectives for self and others and measure achievements against these objectives through implementation of the performance management system.

• Build and manage relationships with staff members.

• Manage and support staff development.

• Develop and manage the implementation of succession plans for key individuals and critical positions.

• Implement the HDA HR policies and procedures as required.

• Manage risks and address issues as they arise.

10. Requirements

• Relevant Degree in property valuations or Degree in Real Estate (Property Valuation) or similar qualification

• Professional Associate or Professional Valuer registered with the South African Council for Property Valuers Profession (SACPVP) / Membership to the South African Institute of Valuers (SAIV) / Member of the Royal Institute of Chartered Surveyors (RICS) would be an advantage. Attach evidence.

• 8 to 10 years’ experience in undertaking valuations of immovable properties in South Africa.

• Driver’s license and willingness to travel extensively.

• Experience in the human settlements’ environment will be an added advantage.

———————————————————————————————————————————————————————————————————Remuneration Scale: R 1 155 200 and R 1 501 800 per annum (all-inclusive package)

Closing date for applications is 18 February 2024

To submit your application, please send an email HDARecruitLand@thehda.co.za

When submitting your application for a position, please adhere to the following:

1. CVs received after the closing date will NOT be considered.

2. The Job Title and Reference number for the relevant position must appear in the subject line of your application.

3. The CV must be in PDF format.

4. Copies of all qualifications must be provided.

5. Copy of identity document must be provided.

6. Two contactable references.

Kindly take note if you have not been contacted within twenty-one (21) working days of the closing date; please consider your application unsuccessful. Should you not comply with the above requirements your application will NOT be considered.

Conditions of service: The HDA is an equal opportunity employer ● Appointments will be made in accordance with the HDA Employment Equity policy ● The HDA reserves the right not to make an appointment. We thank all applicants for their interest.

Communication will be conducted with short-listed applicants only.

The HDA operates in accordance with the Protection of Personal Information Act 3 of 2013 (“POPI Act”), and by submitting your personal information to the HDA (by way of application and/or providing any other documentation as may be required during the recruitment process), you agree that the HDA may utilise and process your personal information in accordance with the POPI Act.