Finance & accounting

Land and property valuer and auctioneer

Valuers and auctioneers advise individuals and businesses that buy, sell and rent land and property.

Annual Salary

£20,000 to £45,000

Average UK salary in 2018 was £29,588 (source Office for Statistics)

Working hours

37 to 40

5%
Future employment

There will be 5% more Land and property valuer and auctioneer jobs in 2023.
In your local area

What's it all about?

Your day-to-day duties may include:

  • estimating the market value of land, buildings and commercial property
  • researching and writing detailed reports for clients about their assets
  • organising auction sales
  • marketing auction sales to attract potential bidders
  • managing the auction process
  • carrying out business and insurance valuations
  • completing compensation assessments
  • offering investment appraisals and advice
  • keeping up to date with the market

You’ll usually need a degree or professional qualification approved by the Royal Institution of Chartered Surveyors (RICS) to become a land and property valuer. Relevant degrees include:

  • real estate management
  • property development and valuation
  • building surveying
  • quantity surveying and commercial management

RICS and University College of Estate Management have details of accredited courses.

If you have a non-accredited degree, like economics, law or maths, you could take an accredited postgraduate qualification in surveying. You could also do this through an employer's graduate trainee scheme or through distance learning with the University College of Estate Management.

If you’re already working as a surveying technician, you may be able to work your way up to a valuer or auctioneer role through further study.

£20,000 to £45,000

Starter salary: £20,000 to £26,000

Experienced salary: £27,000 to £35,000

If you work freelance you’ll negotiate your own rates.

These figures are a guide.

37 to 40

You’ll usually work 37 to 40 hours a week. Some property viewings and auctions may take place during evenings and weekends to maximise attendance.

Your job will be a combination of office work and fieldwork. Some auctions may be held outdoors when conditions allow. You’ll spend time visiting sites and travelling to meet clients, so you’ll usually need a driving licence.

With experience, you could become a project manager, company partner or work as a freelance consultant.

Skills required and how your skills match up

What skills are required?

You’ll need:

  • excellent communication and presentation skills
  • maths skills 
  • negotiation skills 
  • organisational skills  

Foreign language skills may be useful if you want to work for companies that value assets abroad.

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