The Royal Institution of Chartered Surveyors RICS Certifications cover Property Valuer qualifications, residential survey and valuation and machinery and business assets.
Property valuation is a core skill for a future property valuer job: the Royal Institution of Chartered Surveyors (RICS) is the world’s leading qualification for valuation professionals and specialist valuers operate across both the public and private sector, though the most common asset classes include commercial, residential or rural property.
Mortgage lending decisions rely on the advice of Property Valuers, professionals who have achieved their Property Valuer qualifications. Although IT is playing a more and more important role in this area, professional advice is set to remain crucial to lenders.
About the Property Valuer qualifications:
Qualified RICS Professionals of the Royal Institution of Chartered Surveyors are recognised by the designatory letters:
- FRICS (Fellow)
- MRICS (Member)
- AssocRICS (Associate)
AssocRICS and MRICS are qualifications, not licences. They define what level of competence the holder has demonstrated on the day of assessment. Once qualified, any individual may further develop their skills through CPD and practical experience organised by the Royal Institution of Chartered Surveyors.
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The RICS Valuer Registration is mandatory for members undertaking property valuer jobs in the UK, France, Netherlands, Spain, UAE, Hong Kong, Caribbean and the Cayman Islands.
Why achieve RICS Registered Property Valuer qualifications?
By appointing an RICS Registered Valuer, clients can be confident that they are working with regulated and qualified professionals who:
- adhere to the ‘Red Book’ valuation standards
- are committed to openness and transparency
- are experts in their field, delivering credible and high-quality reports.
Valuer Registration aims to ensure the quality of valuations, raise the credibility of valuers and provide clients with a clearly identifiable designation of international standards, quality and the consistent application of ‘Red Book’ standards.