How a Property Valuation Associate Enhanced Bricklane UK’s Growth

Jeffrey Valiente leveraged his property appraisal role to streamline Bricklane UK’s operations. This article will cover his impact on refining Bricklane’s workflow, the skills he developed, and more.

The UK’s property market remains resilient with the average property value rising to £288,000 on average. Thus, real estate investment companies have a lot of growth opportunities.

However, they must have the right property valuation to ensure their investments are worthwhile. That’s where Jeffrey’s role becomes pivotal.

Searching for a Property Valuation Associate

Bricklane, a real estate investment firm, acquires and rents properties in the UK. 

Accurate property valuation is crucial to their operations. Hence, they need to hire a property valuator.

With the right training, an offshore property valuator can excel regardless of their location.

One of the benefits of offshoring from the Philippines is because of cost savings, as seen here:

• Average Salary of a Property Valuator in the UK: UK £21,000 – £36,000 per year.
• Average Salary of a Property Valuator in the Philippines: UK £6,768.33 per year

Hiring an expert offshore property valuator from the Philippines can result in up to six times labor cost savings annually.

Related: Compare other salaries for job roles in the UK and Philippines in this offshore salary calculator.

Philippine offshore workers are also fast learners and highly adaptable. That’s why there are plenty of UK companies offshoring to the Philippines.

Given these benefits, finding an offshore property valuator is a smart move for Bricklane UK. This move by Bricklane led to their current work relationship with Jeffrey.

How Jeffrey Started Working With Bricklane UK

Before working in the UK’s property industry, Jeffrey worked in the mortgage industry in Australia. He worked in that industry for five years.

That experience shows that he has the skills to adapt to property market conditions from countries outside the Philippines. Thus, making him capable to take on his upcoming role as a property valuator. Only this time, he’s working in the UK market.

His Work as a Real Estate Valuator

Jeffrey’s role was first labeled as a data analyst. However, his internal role is more aptly named as a property valuator associate.

The nature of his job requires him to do various tasks as part of their Valuation team, such as:

• Evaluating properties for acquisition
• Compare rentals to determine potential investment yields
• Data entry for property information

Data entry and analysis are just two of the many tasks he does for the company.

After doing his role, he submits his work to the negotiation team. The Negotiations team now has the knowledge they need to determine the feasibility of a property’s profitability. His role is key to faster and more efficient decision-making.

How Jeffrey’s Impact Streamlined Bricklane UK’s Workflow

In the six months of his employment, Jeffrey adapted to his new property valuation role well.

“They’re telling us we’re doing the job faster than when we started,” he mentions. 

In only six months, Jeffrey emphasizes that he and his offshore team members have quickly learned the ropes. Thus, easing the workload of their UK-based team.

Jeffrey’s adaptability meant that their UK-based team was able to offload crucial business processes to them quickly. He recounts that Ollie, a UK-based Valuations team member, told him how helpful their offshore team was to them.

“They do see value in us here,” Jeffrey says. “They actually trust us here.”

Aside from streamlining current business processes, the capacity for growth has expanded for Bricklane, too. “With our capabilities, they can expand their team more in the future.”

Jeffrey’s team deals with preliminary tasks that support the London team’s core competencies, such as off-market property work.

Skills Development in the Real Estate Investment Niche

In his new role, Jeffrey can ease his London counterpart’s workload. Aside from that, he was able to gain practical experience and insights to further his career development.

With his current role, he was able to gain skills and insights on things such as:

• Interior design
• Property assessment
• Property investment
• Data analysis
• Data entry

Not only do these skills help him in his career, but these new insights have given him a new lens to view things in his personal life.

Jeffrey mentions that he’s become more aware of which properties he could be worth investing in. Should he have plans to buy property, he has the professional eye to check what a property’s value may actually be worth. Thus, making him a smarter investor in his personal life.

Jeffrey and Penbrothers: A Successful Partnership

His role in Bricklane was made possible with Penbrothers, a reliable Philippine offshoring company.

Jeffrey mentions that Penbrothers always was quick to respond and was easy to contact when he had questions or concerns.

“It’s pretty much smooth sailing and I don’t have any problems yet,” he says. Their proactive and reliable support reinforces their currently harmonious partnership.

Jeffrey appreciates finding meaningful work in this partnership. He also mentions that the referral program is an initiative he fully supports, citing his openness to refer his colleagues through it.

Streamline Your Real Estate Firm with an Offshore Valuator

The UK real estate market’s size continues to grow. Thus, more accurate and efficient property valuations are going to be increasingly crucial for real estate investment companies.

Hiring property valuators can help with that. However, finding skilled professionals who can deliver precision and efficiency poses a challenge.
By working with an offshore service provider, you can build an effective offshore team of valuation professionals. Not only can you tap into a highly skilled talent pool, but you can also get up to 78% labor cost savings.