Australia’s largest group of independent property valuers have today made comment on the Federal Parliamentary Report released this week which explores Australia’s coastline.

The report, titled “Managing our coastal zone in a changing climate” raises some very serious future issues facing property owners, planning authorities and the property industry in general.

Opteon CEO, Greg Sugars said “The report has highlighted a range of emerging issues that have yet to be formally addressed by the property industry. We will be studying the report carefully and following the progress of recommendations contained within the report.”

“Opteon is holding its annual conference later this week and the report has already been circulated to our internal standards committee for comment and workshopping at their meeting”
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South east Queensland valuers Planet Valuation Services has joined national property group Opteon in response to a major industry shift to centralisation of valuation requests.

Planet Valuation Services Managing Director Jonathan Bloxsom said “The valuation profession had changed dramatically and national bodies such as banks, government agencies and statutory authorities were streamlining their valuation processes. National clients want valuations for branches and offices in all states done simultaneously and they only want to have to make the one phone call to the one provider.”
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Western Australia’s independent property valuers, Christie Whyte Moore and Valuation Partners, have merged to form the State’s largest property valuation company.

Quantia Valuation Consultants will have over 80 employees in four offices located in West Perth, Bunbury, Mandurah and Dunsborough.

Managing Director, Mark Christie, said the companies’ decision to merge was in response to the needs of its major clients and shifting market trends.
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As of 1 September 2008 Market Line will commence trading as “Market Line - Opteon”.

Although Market Line remains an independently owned and operated corporate entity, the move to co-brand as Market Line - Opteon more clearly demonstrates the national capability of our Opteon membership.

We believe this will allow Market Line and our fellow Opteon members to be even more competitive when bidding for national contracts as they arise.
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Opteon Property Group has today issued a warning to lenders about an apparent increase in attempted fraudulent practices within the market place.

Opteon CEO, Greg Sugars said his warning followed hot on the heels of a similar warning by the Australian Property Institute in NSW.

“It is apparent that fraudsters are finding ways to manipulate outcomes in an increasingly tight credit market”, Mr Sugars explained
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National property group Opteon has responded to a drive from the property market to centralise valuation requests by extending its already large coverage across Australia.

Four new large independent valuation companies from NSW this week joined the national property services group that provides valuation and quantity surveying services.
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