How it works
The AIQV Standard
A transparent, human-in-the-loop methodology for desktop valuation assessments prepared for taxation purposes — designed to be replicable by anyone who reviews the file.
Principle one
The valuer forms the opinion
Quantitative models are excellent at assembling evidence consistently. They are not registered valuers. Under the AIQV Standard the model proposes; the valuer decides. No AIQV report can be issued without the valuer reviewing the comparable set, confirming or altering the weightings and writing their own commentary.
Principle two
Nothing is a black box
Every comparable is listed with its source; every adjustment is itemised; every override is time-stamped. Another qualified valuer — or the ATO — can follow the file from start to finish and test the conclusion.
Principle three
The scope is explicit
Every report is titled Desktop Valuation Assessment (Restricted Scope – No Physical Inspection) and is prepared solely for taxation purposes. It must not be used for mortgage lending, banking panels or litigation.
The workflow
From engagement to locked report
Engagement & scope
The client accepts the AIQV Client Terms of Engagement online before any file opens: taxation purpose, valuation date, desktop-only scope, valuer independence and the fact that the fee does not depend on the outcome.
Eligibility checks
The workspace confirms the purpose is within scope and that the valuer has current certification, verified VRBQ registration and active professional indemnity cover. If any check fails, the file stays locked.
Evidence assembly
The platform retrieves recorded sales, property attributes, planning information and current and historical imagery, and proposes a ranked comparable set with similarity scores decomposed into their factors.
Valuer review
The valuer inspects every comparable, accepts or rejects it, reviews imagery for anything that makes a desktop assessment unsafe, and adjusts weightings. Each decision is recorded with a reason.
Reconciliation & commentary
The valuer reconciles to a market value supported by an evidential range and writes mandatory professional commentary. A report cannot be finalised without it.
Sign-off & locked PDF
The valuer signs off. The report engine produces a locked, standardised PDF with the Evidence Appendix, and the full file is retained for at least seven years.
Audit readiness
The Evidence Appendix
The ATO notes that a replicable and defensible valuation is best evidenced by retaining all relevant records and thoroughly documenting the valuation process. Every AIQV report carries an automatically generated Evidence Appendix.
| Section | What it records |
|---|---|
| Engagement record | Client acceptance of the Terms of Engagement, time-stamped, with the stated purpose and relevant tax provision |
| Data provenance | Data sources and extraction date-time; model version |
| Comparable set | Every comparable considered: address, sale date, price, attributes, distance, similarity score and accept/reject decision with reason |
| Adjustments | Each adjustment by attribute, proposed and adopted values, and the valuer’s rationale for any variation |
| Imagery & mapping | Imagery reviewed with capture dates, map extracts and any observations affecting the assessment |
| Reconciliation | Indicated values, evidential range, confidence indicators and the adopted market value |
| Valuer sign-off | Professional commentary, declarations of independence and no conflict, and electronic sign-off with date-time |
What an AIQV assessment is — and is not
It is
- A restricted-scope desktop market valuation assessment
- Prepared and signed by a Queensland registered valuer
- For capital gains tax, SMSF and related-party taxation purposes
- Supported by a complete, time-stamped evidence record
It is not
- An automated valuation model (AVM) output
- A valuation for mortgage lending or banking panels
- Suitable for litigation, family law or compulsory acquisition
- A substitute for a full inspection valuation where one is required
The AIQV workspace and report engine are being delivered in stages. Certified valuers are notified through the member portal as each stage becomes available.
Ready to become certified?
$1 covers enrolment, training, certification and your first year of membership dues.