Professional socialization can be described as the acquisition of values, attitudes, skills and knowledge pertaining to a professional subculture. The literature suggests that study and consideration of professional socialization assists in improving tertiary education and graduatesí preparedness for the real world pressures of professional working life. This paper presents both Australian valuation graduatesí perspective of their socialization into the valuation profession and the perspective of program leaders in Australia & New Zealand. It identifies the values and skills they deemed important as a novice professional value and when they believed they had achieved the status of a professional valuer. It provides insights from the novice professional valuer, for the provision of mentoring and supervision and what may be implemented by the profession to deal with some perceived shortcomings.