When manoeuvring through the bustling world of the London property market, the indispensable assistance and counsel of an RICS Registered Valuer is required. Their work provides precision and integrity, setting the benchmark for the industry. The Valuer Registration is an assurance of quality, a mark of the valuer’s fidelity to the highest standards and practice. You will be working with skilled, registered RICS professionals who have diligently and adeptly executed the role they perform. They take into account location, facilities, and market movements so that the valuation reflects the worth of the property.
The RICS Risk Monitoring and Quality Assurance Programme seeks to identify potential risks in the work of RICS members who are registered. The programme measures the valuations conducted by a valuer to point out any possible improvement areas and to attempt to ensure valuations achieve the standards.
The RICS standards are said to be recognised and utilised internationally. So, when you appoint an RICS regulated valuer you can be confident that you are dealing with a regulated professional who is also a qualified individual, and who is working to a recognized standard which is internationally recognized.
Local knowledge is important in the appraisal of property. To have accurate valuations it is vital that the local market is understood. A valuer is a professional who has not only studied a great amount of property valuation but they also have a deep understanding of local factors such as the price of the last property sold in the vicinity, byelaws, planned local development or prior knowledge of problems that may affect a property’s value.
Regular audits of its registered members are performed by RICS. They focalize on whether accredited surveyors are following the RICS Red Book’s best practices and the professional standards required of them.
