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Episode Notes
Chad Hughes welcomes Andrea Carolan, Managing Director of Public Private Property in Adelaide, Australia, to the show for insight into challenges in her sector. Andrea talks about her career in valuation and sheds light on what approaches are different between urban and rural appraisal.
Following her father into valuation, Andrea identifies as a second generation valuer. She still uses things she learned through his mentorship and philosophies. She founded her company, Public Private Property, in 2017 and it focuses strictly on valuation. She explains how she works to value a property before acquisition.
Chad and Andrea talk about the industries she’s been working on lately in Australia, the differences between valuation for government versus energy companies, how she assesses landowner compensation, and the soft skills required to realize success in the valuation business. Andrea has a lot of experience in working through challenges in the industry. She talks about mentorship and learning by example and her conversation here is a prime example of how willingly she shares her insight.
“It’s important to show respect. I remember learning that from another valuer where I was probably a little bit out of my depth and went into a conference, and I probably wasn’t right, and there was another much more senior valuer. And he was so kind to me and so respectful in the way he communicated. And I just really appreciated it at the time because I’d gone in there pretty gung-ho….he really taught me that day because he could have crushed me, absolutely crushed me, and he didn’t.” – Andrea Carolan
About Andrea Carolan:
Andrea Carolan is a Certified Practicing Valuer and Fellow of the Australian Property Institute. She is also a Board Member/Director of the Australian Property Institute (API) and International Director and Past President of the Australian Chapter of the International Right of Way Association (IRWA).
Andrea founded Public Private Property in 2017 following 25 years at Maloney Field Services (now JLL Infrastructure Advisory). Her extensive experience serving both the public and private sectors resulted in a nimble and capable specialist valuation practice with an emphasis on carefully selected niche markets.
Public Private Property specializes in valuation and compensation for land acquisition associated with both minor and major infrastructure projects throughout Australia. Their experience and services extend to whole of property, partial interest, and easement acquisitions across urban, regional, rural, and pastoral areas.
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Chad Hughes | CEO, Entrepreneurial Leader, Author: website |linkedin
Andrea Carolan | Acquisition Valuer / Managing Director at Public Private Property: website | linkedin
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