At present, there are various agencies doing or requiring property valuation. Each agency uses their own systems and methodologies for valuation. The VRA, through a regularly updated SMV approved by the Secretary of Finance, could support the valuation-related functions of the following agencies:
| AGENCY | PURPOSE | CURRENT BASIS/METHODOLOGY |
| Land Management Bureau | Acquisition, disposal, and rentals of public lands | DENR committee |
| Land Management Service | Market, cost, income approaches | |
| Forest Management Bureau | Actual FOB market price | |
| Department of Agrarian Reform | Acquisition and distribution of land for agrarian reform | Just compensation procedures |
| Bureau of Land Acquisition and Distribution | Land conversion | Market approach |
| Department of Agriculture | ||
| Department of Public Works and Highways | Expropriation/acquisition of land for right-of-way and expansion or condemnation proceedings | RA 8974 |
| Market value | ||
| Replacement cost method |
| AGENCY | PURPOSE | CURRENT BASIS/METHODOLOGY |
| Board of Investments | Project feasibility studies for Industrial estates and export processing zones | Market, cost, reproduction cost |
| Income cap approaches | ||
| Bureau of Trade Regulation and Consumer Protection | Regulation and licensing of private appraisers | Prescribes USPAP/IVS for use by private appraiser |
| Land Registration Authority | Real property litigation and garnishment proceedings, registration and extraction of fees | – |
| Registry of Deeds | ||
| Commission on Audit | Government real property transactions | Similar to private appraisers; land rating grid method |
| National Power Corporation | Expropriation/right-of- way acquisition/rentals | RA 8974, just compensation, market value, replacement cost |
| Land Bank of the Philippines | Mortgage lending/ securitization | EO 405, DAR AO No. 5, deeds of sale, sales offering, private appraisers |
| Development Bank of the Philippines | ||
| National Housing Authority | Acquisition, disposition, and mortgage lending | Market data, economic rent |
| National Home Mortgage Finance Corporation | Cost and market approaches on: | |
| (1) Raw land | ||
| (2) House | ||
| Home Guaranty Corporation | (3) Preliminary appraisals | |
| Home Development Mutual Fund | Mortgage lending | Market data or sales comparison, unit-in-place, cost approaches |
| Social Security System | Market date approach with value adjustments | |
| Government Service Insurance System | Collateral valuation, sales, reproduction cost, income capitalization, private appraisers | |
| Philippine Reclamation Authority | Property development or disposal | Valuation contracted out to private appraisers |
