Your foreign-based clients most likely know exactly what the RICS approach to valuations is, but there are a lot of new local property investors in the Czech Republic. How do you find local acceptance of international valuations?

Familiarity with the RICS is still low within parts of the real estate market, even though some of the major investors are they are deploying significant capital into property. To be honest, they often don't really care whether it's an RICS valuer or a local Czech valuer as more often than not it's purely a requirement of . . .

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