Hickey worked as an estate agent, qualifying at the Institute of Property Valuers. It serves to regulate the profession of property valuers throughout Australia. PINZ is involved in a review of the Valuers Act 1948. Countrywide was appointed to administer the panel of valuers. Pickles is a member of the Auctioneers and Valuers Association of Australia. Both of these bodies have a wider membership, beyond real estate valuers. The API was originally formed in 1926 as the Commonwealth Institute of Valuers. He subsequently, opened a business called 'Eamon Scanlon & Sons Auctioneers, Valuers and Estate Agents'. Independent valuers estimate the value of these items. In short, Callicott claims, there would be no value without valuers. The Australian Property Institute (API) was formed in 1926 as the Commonwealth Institute of Valuers. Independent valuers put an estimate on how much they think the items are worth.