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 Group) has prepared a revised version of the ABFI Residential Valuation Standing Instructions Version 2.1.1 which came into effect on 1 October 2019.

 API members undertaking residential valuation on bank panels must complete this compulsory module.

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