Completion of the Standing Instructions module is compulsory for Valuers undertaking residential valuations on bank panels (Lenders’ requirements may vary). Valuers seeking a place on a panel must complete the module before they can commence panel valuation work.

The Australian Banking & Finance Industry, Residential Valuation Industry Group (RVI) has prepared a revised version of the ABFI Residential Valuation Standing Instructions Version 2.1 which came into effect on 1 September 2018.

The RVIG insist on API members completing this compulsory online module if they are undertaking residential valuation on bank panels.

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