The Royal Institution of Chartered Surveyors (RICS) is a professional body that was founded in the United Kingdom in 1868. It operates globally and is dedicated to promoting and enforcing the highest professional standards in the development, management, and valuation of land, real estate, construction, and infrastructure.
RICS is known for its role in setting and upholding ethical and technical standards for professionals working in these fields. RICS offers a wide range of services, including education, training, qualifications, and professional development for individuals pursuing careers in surveying, real estate, and related disciplines. It also provides guidance and standards for various aspects of the industry, such as property valuation, building surveying, quantity surveying, project management, and more.
One of RICS’s significant contributions is the publication of the RICS Red Book, which contains the global standards and guidelines for property valuation. This publication is widely recognised and respected in the real estate and finance industries. Members of RICS are required to adhere to a strict code of conduct, which emphasises professionalism, integrity, and the best interests of clients and the public. Becoming a chartered surveyor through RICS involves meeting rigorous educational and experience requirements, followed by passing assessments to demonstrate expertise in the field. Overall, RICS plays a crucial role in maintaining the quality, credibility, and professionalism of the surveying and real estate industries worldwide.