18/08/2025
𝐌𝐞𝐞𝐭 𝐒𝐡𝐚𝐫𝐨𝐧 𝐋𝐮𝐦𝐢𝐭𝐚 𝐏𝐞𝐭𝐫𝐨 𝐚 𝐅𝐫𝐞𝐞 𝐋𝐚𝐧𝐜𝐞 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐕𝐚𝐥𝐮𝐞𝐫.
On the second day of the program, anticipation buzzed through the room as participants sat for a session that gave the process and procedure of property valuation. The guest speaker, Sharon Lumita Petro, a Seasoned Commercial Property Valuer, stepped forward with confidence of someone who has experience in navigating the intricate world of real estate.
Sharon began by explaining the fundamental role property valuers play in determining the worth of a property before it is bought or sold. She walked the audience through the detailed process — from assessing the location and surrounding infrastructure to examining the condition of the building, the potential for future development, and even the subtle market trends that could influence value. Her explanations brought clarity to what many had assumed was a quick or simple process, revealing instead the layers of analysis and expertise involved.
Participants listened intently as she shared real-life examples from her career — stories of properties that looked appealing on the surface but, after thorough valuation, revealed hidden issues that would have cost buyers dearly. She also spoke of undervalued gems that, with the right vision, had turned into highly profitable investments.
Beyond the technical aspects, Sharon offered practical, take-home advice. She encouraged participants to always request a written valuation report, to ask questions about the methods used, and to consider both current and future market conditions before making decisions.
By the end of her session, participants not only understood the valuation process but also felt empowered to make informed property decisions. Many left with a new appreciation for the expertise valuers bring, and for the critical role this knowledge could play in protecting their investments and maximizing their returns.
