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Simon Watson

Why did you choose to become a Chartered Valuation Surveyor?

rl_winter_2011_page_71_image_0006I have always had an interest in property and economics, particularly the workings of the market, therefore valuation surveying seemed an obvious choice of career.

How has your field changed in recent years?

There has been a much greater emphasis on international valuation standards, with surveyors having to demonstrate a much higher level of competence, qualification and experience. Clients, quite rightly, expect to see detailed explanation as to the methodology used in arriving at an opinion of value.

How have new technologies helped you?

rl_winter_2011_page_71_image_0002New technologies have been extremely helpful in improving the standards and quality of valuation reports. Tablet PCs allow site plans, aerial photographs etc. to be examined whilst on site and notes taken directly into report formats. The improvements in database systems, such as the Cayman Islands Government’s Land Information System, all allow for improved access to market evidence and thus improving the accuracy of valuations.

What new projects do you have on the horizon?

In addition to a couple of large engagements in Antigua, I am currently finalising this year’s edition of our annual Cayman Property Review, an independent analysis of the preceding year’s property market which should be released to the general public in March 2011. In my role as a Fellow of the Royal Institution of Chartered Surveyors, I am also working on launching a local chapter of this professional organisation, RICS Cayman.

What is your proudest achievement?

A professional high-point in recent years was successfully acting as an expert witness in a landmark compensation case in respect of the Half-Moon Bay Hotel in Antigua.

TOP 10

  1. rl_winter_2011_page_71_image_0001Designer: Philippe Starck
  2. Furniture: Hammock
  3. Work Tool: Tape measure
  4. Sustainable Gizmo: Tablet PC
  5. Appliance: Barbeque
  6. Artist: Joe Strummer
  7. Car: Land Rover Defender
  8. Hotel: Jake’s, Jamaica
  9. rl_winter_2011_page_71_image_0005Book: “Guns, Germs & Steel – The Fates of Human Societies” by Jared Diamond.
  10. Holiday: Rocky Mountains, Canada.

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