Inventory Qualification Course
Elmhurst’s Level 3 Award in Residential Inventory Management and Practice supports domestic energy assessors and estate agents in extending their business to provide professional property inventory reports.
This industry-recognised qualification course is ideal for those looking to gain new skills and build upon existing knowledge within the property sector. Elmhurst's two-day inventory course provides candidates with all the necessary knowledge needed to start producing professional inventory reports for clients and diversify their service offering.
What are Property Inventory Services?
Property Inventory services are highly sought after by landlords and estate agents who require a third party to provide a detailed inventory report at the beginning and end of a tenancy.
This report examines the condition of the property at the start of the tenancy, including detailing areas of damage and the contents of the property. Comparisons are also made between the check-in and the check-out (when a tenancy ends) to see if there has been any changes to the property's condition.
The role of Inventories with tenancy deposit schemes
Inventory reports play a crucial role in the tenancy deposit schemes, whereby landlords must hold tenants' deposits in a government-backed scheme until the end of the tenancy. The Tenancy Deposit Scheme reported that a total of £13,864,534 in deposits was disputed in 2017, demonstrating the importance of a properly-completed inventory report given that it must be viewed as acceptable by an adjudicator or court, should a claim be made
This is especially important for the UK 4.5 million households that currently rent in the private sector - an increase of 63% of households from 2007 to 2017 (data from the Office of National Statistics). For this reason it is crucial to have a professional inventory report carried out by a qualified professional who is aware of the current rules and regulations. Those with this skillset are indemand within the industry and find that the Level 3 Award in Residential Inventory Management and Practice puts them in a unique position compared to the competition.
Level 3 Award in Residential Inventory Management & Practice - England and Wales
£515.00 + £175.00 Registration fee + VAT
THIS COURSE ALSO PROVIDES- 12 HOURS CPD*Please ensure that you bring 2 forms of ID with you: either a driving licence, passport or utility bill.
Propertymark is one of the largest organisations for property professionals in the UK, combining the associations of ARLA, NAEA, NAVA, ICBA and APIP.
Propertymark is dedicated to promoting the highest standards in the industry for over 50 years, which is why many estate agents, letting agents, auctioneers and many more choose to complete training with the organisation. Not only does a propertymark qualification provide you specialist skills and knowledge, it also acts as a competency guarantee for prospective clients.
Why not join our Inventory Scheme?
We operate a professional inventory membership scheme which allows the registration of inventories. It is also designed to provide support, monitoring of standards and access to a facility for Professional Indemnity (PI) and Public Liability (PL) Insurance for our inventory provider members.