The independent quality assurance process of Valuer Registration reinforces the highest professional standards.
Valuer Registration is a risk monitoring and quality assurance programme which checks compliance with the RICS Red Book.
The Red Book:
Valuer Registration ensures that our members always meet the highest valuation standards. Becoming a Registered Valuer therefore offers protection and confidence both to you and your clients.
Valuer Registration will also give you a competitive advantage in the market as the standards are recognised and adopted in most parts of the world. There is increasing demand from major lenders and investors globally for valuations undertaken by RICS Registered Valuers.
When you sign up for Valuer Registration, you agree to be audited by our team of Regulatory Surveyors. They will check that you are complying with all stated mandatory professional standards and following best practice guidelines, and that you have robust processes and procedures in place. Following the audit, they will draft a report highlighting any risks or areas for improvement.
As a Registered Valuer, you can use the RICS Registered Valuer designation. You can also use the accreditation logo.
In Queensland, Western Australia and New Zealand, you are required to be licenced before you can practise as a valuer. RICS Valuer Registration is not a licence to practise, nor does it replace or satisfy the requirement to register with the respective licencing authority. You must ensure that you are licenced to conduct valuation work where required in your State or Country.
The Rules for the Registration of Schemes outline the rules for the Valuer Registration scheme.