PhD Defense Pim Klamer: Valuing the client or the property?

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Vastgoedtaxateur 漏 iStockphoto.com/AndreyPopov
Real estate valuer 漏 iStockphoto.com/AndreyPopov

On 5 March, Pim Klamer defends his dissertation titled "Valuing the client or the property? An examination of client-related judgement bias in real estate valuation" at the 木瓜福利影视 Hall.

Client orientation in commercial real estate valuation

This thesis concerns the relationship between client orientation and professional judgement of commercial real estate valuers. It explores how clients and client interests may impact valuers and their independence during valuation practice. After all, a valuation is an estimate based on assessment and analysis. This research can help protect the directly or indirectly involved parties from suffering financial risks related to real estate activities. 

The client as authority

This research indicates that client orientation by valuers relates to the perception of clients as a type of authority in the field. Attention for commercial quality may come at the cost of technical quality of valuation work, such as research, analysis and substantiation. Real estate valuers therefore need to improve general awareness of risks associated with an (overly) client-orientated attitude, such as reduced attention for technical valuation quality. Klamer therefore recommends that valuers progress a professional-sceptical attitude and develop greater emphasis on the public interest of their work.

Start date and time
End date and time
Location
木瓜福利影视 Hall, Domplein 29, Utrecht
PhD candidate
Pim Klamer
Dissertation
Valuing the client or the property? An examination of client-related judgement bias in real estate valuation
PhD supervisor(s)
Prof. C. Bakker
Prof. V. Gruis
More information