Why do we have so many RICS chartered surveyors in our Nordic and Baltic valuation teams?

November 4, 2010

Our clients and we think that it is a mark of quality assurance. We are able to guarantee our clients the highest quality advice and service. Real estate valuation is an extremely important profession within the real estate industry and the financing world. Both are global businesses and that is why we also need global standards to  value  land and buildings.

Founded in England in 1868 RICS, the Royal Institution of Chartered Surveyors,  is an independent professional body committed to setting and upholding the highest standards of excellence and integrity. Currently RICS has over 100.000 members operating out of 146 countries supported by an extensive network of offices around the world.

The world’s most powerful financial institutions, corporations and governments across the world depend on the consistent and reliable level of expertise that qualified RICS members provide.

Lately some of our clients (=mostly international banks) have required that all valuations must be done by chartered surveyors. This  is a strong sign for us that we have done the right decisions when we decided to encourage some of our colleagues to take the exams.

My personal opinion is that after a couple of years a RICS qualification will be business as usual in the real estate valuation also here in Northern Europe.

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Blog author: Juhani Reen, Managing Director, FRICS, Newsec Advice Oy

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