Summary: Valuation without any doubt is one of the most important processes when it comes to buying or selling a home or transferring ownerships from one entity to another. Hence, there is a continuous and growing demand for valuation across the board. But competition is also increasing and so are the expectations from customers. Under the above circumstances, it is very important to find out ways and means by which it would be possible to add value to the customers and also become more cost effective and productive.

Hence there is no element of surprise when there is talk of outsourcing a major part of property valuer related works to third party service providers and that too in some foreign countries. This is just in the drawing boards today with most of the valuation companies and needs further study to find out whether it is workable or not. However, there are some evident benefits when a part of the valuation work it outsourced to low cost economies like South Africa, India, Philippines to just name a few. But this has to be thought through completely and the pros and cons must be analyzed very thoroughly.

Coming to some advantages that are evident when a part of the valuation processes are outsourced, there is no doubt that it will work out much cheaper when compared to what is being offered now. This is because of cheaper labor costs in these countries. When the end product becomes cheaper the benefits are available to customers and hence there will a lot of value addition to them.

But when going to a foreign country with a proposal to outsource a part of the valuation job, care has to be taken on many fronts. As a company you should not be infringing on the labor rights of your own country. Secondly, the country to which you are planning to move such outsourcing processes must have a well defined and well developed justice and other delivery mechanisms failing which things could become quite tough. Further, it is always better to enter into foreign markets with a partner though a few countries allow the foreigners to directly enter into this line of business. There is no doubt that there are a number of benefits available by such outsourcing but the problems and challenges that lie in the way must be suitably remedied. It should not be done in a hurry before going through the entire due diligence process.
Cincinnati's largest law firm, Frost & Jacobs, will merge with Louisville's Brown, Todd & Heyburn in a move that will create a new firm with 400 attorneys in eight cities. The firm will take on a new name - Frost Brown Todd, and have a presence in Cincinnati, Columbus, Middletown, Covington, Louisville, Lexington, Nashville, Tenn., and New Albany, Ind. The firm will have more than $100 million in revenue and 850 support staff. The firm is touting itself as the largest between Chicago and Atlanta. There had b een rumors for months that Frost & Jacobs was seeking a partner to expand its client services. Brown, Todd & Heyburn had been mentioned, but neither firm would confirm talks were under way. Thursday, C. Edward Glasscock, managing partner with Brown, Todd & Heyburn, said that talks began several months ago.

Glasscock and Richard J. Erickson, chairman of the executive committee of Frost & Jacobs, will be co-managing partners of the new firm. The firms said there will be no official headquarters. ''It is truly a merger of equals. We think that Frost and Jacobs is the premier firm in Cincinnati, and certainly we feel that we are the premier firm in Kentucky,'' Glasscock said. The new firm will beef up its expertise in intellectual property rights and e-commerce law to meet the demand of emerging high-tech firms, Glasscock said. It will have 30 attorneys specializing in intellectual property rights and 50 in e-commerce.

''We think we'll be expanding the number of lawyers in most of our offices,'' he said, particularly in Indianapolis and Nashville. ''This is about better service, more in-depth expertise, and really helping with economic initiatives in the entire region.'' Our high skilled property valuers or solicitors are helping you in preparing real estate valuation or appraisal report at lowest prices. Bradford W. Hildebrandt, chairman of Hildebrandt International and an advisor on the merger, said many law firms are merging to accommodate clients whose business involves many states and countries. ''(Frost Brown Todd) will be a significant player in this region and really changes the legal landscape quite substantially,'' he said.

The E.W. Scripps Co., owners of The Post, have reached an agreement to acquire The Gleaner daily newspaper in Henderson, Ky. The Gleaner, published Tuesday through Sunday, is owned by the Belo Corp., one of the nation's largest media companies with television broadcasting, cable news, newspapers and electronic media holdings. Belo, which acquired The Gleaner in 1997, announced its intention to sell the newspaper earlier this year. The Gleaner has a circulation of 11,000 daily and 13,000 on Sundays.

Another Japanese electronics group thinks only 10 percent of 28 production lines at the Hsin-chu City Science Park, escaped undamaged. Valuation is necessary for knowing your house price. The disruption is likely to cause serious problems for the world's PC industry, which has been scrambling to obtain supplies of these key components. Taiwan makes 21 percent of video cards, 31 percent of graphic cards and 48 percent of sound cards, according to Schroders, the British brokers.

Advanced Micro Devices, a U.S. chip maker, has warned that shortages of some PC components have halted production of circuitboards incorporating the U.S. Company’s microprocessor chips, its primary product. The production bottleneck appears to be caused by damage to the manufacturers' chemical vapor deposition furnaces, which contain large, delicate quartz tubes. Japanese electronics groups say many of the installed tubes have shattered. Worse, much of the replacement stock, held on site, is also damaged. Leading Japanese suppliers of quartz tubes report the backlog of orders has surged from 100 to 400 and they cannot meet demand. Clearing up production lines is likely to take months, the Japanese industry analysts say. When the North Itami plant of Mitsubishi Electric was damaged in the January 1995 earthquake in Kobe, it took a month before production was resumed.

Also, there is a shortage of skilled technicians in Taiwan to make repairs. Imagine ordering a plane ticket on the way to the airport using a hand-held organizer or a pager with a wireless link to the Internet. Or imagine wrapping up Christmas shopping, completing a stock transaction or checking the latest sports scores from the dentist's waiting room. Someday soon, you won't have to imagine it. Internet is changing, breaking longstanding ties with the computer. Smarter portable devices are making it possible to surf the Web from just about anywhere. Within a few years, those devices are expected to be as popular as desktop or laptop computers for reaching the Net. Leading Internet companies such as Microsoft Corp. and America Online Inc. are laying the groundwork today for the Internet's mobile future.

''The Internet is beginning a transition,'' said Harry Fenik, an industry analyst with Zona Research Inc. of Redwood City, Calif. ''A lot of these wireless devices are going to access the Internet, but it's not something you're going to be conscious of.''

The Internet will become as basic as electricity, he said. It will be available anytime, anywhere. The movement toward mobile Internet access comes as speedier connections are arriving in homes through cable, special phone lines or satellite links. Hotels, cruise ships and airports also are working to improve access for travelers with laptops, and some companies are furthering Internet access through regular TV sets.

To get your house price you have to conduct property valuation process.
The advertisements, titled "I Found A Way," show young people — mostly black and/or female — in street clothes, talking about making a difference for their families, their communities and their country. Their clothing then changes into a Cincinnati police officer's uniform. Each spot ends with a close-up of a black person's hand holding a badge. Mayor Charlie Luken said the point of the ads is to draw in the best applicants, regardless of gender or ethnicity, but the commercials — and the press conference to announce them — were squarely aimed at blacks and women, who currently make up 30 percent and 20 percent of the police force, respectively.

Blacks are about 44 percent of the city's population. While acknowledging the Cincinnati Police Department is the most integrated in the state, Luken said it can do better to hire more blacks and women. The city is entering its third decade of a consent decree to increase its representation of minorities, and each recruiting class must be at least 34 percent minorities and 23 percent women. Ted Schoch, director of the Cincinnati Police Academy, said the recruiting classes have so far met or exceeded those numbers.

Luken said the ads "embody what good policing is all about." "It's not only a good job and a rewarding job, but it's about helping our city," Luken said. "Policing is at the heart and soul of our city." The test is the first step of the application process, Schoch said. Those who pass then go on to an interview and other testing before beginning 24 weeks of training at the academy. City Manager Valerie Lemmie said the ads cost more than $100,000 to make, but the cost to the city was only about $65,000; downtown advertising firm Powers Agency donated its time and fees to make up the difference.

She said the television and radio campaign, which will likely include some free air-time donated by local stations as public-service announcements, will cost about $200,000. The proficient valuers are always standing behind you with whole transaction of real estate valuation. A Roger Bacon High School graduate who says he was wrongfully convicted but has been imprisoned in Georgia since 1992 has found a powerful ally in television talk show host John Walsh. Once known for his tough-talking, dogged determination in helping law enforcement track down fugitives and missing children, the former host of "America's Most Wanted" now has a day-time talk show, which premiered Sept. 9 and is aired afternoons on WXIX-TV (Channel 19) in Cincinnati.