What is the Royal Institute of Chartered Surveyors – RICS?
RICS stands for the Royal Institution of Chartered Surveyors. It is a professional organization that represents and regulates property professionals worldwide. RICS was founded here in the United Kingdom in 1868 and has since become a globally recognized authority in the land, property, construction, and infrastructure sectors.
The primary purpose of RICS is to promote and enforce the highest professional standards in these industries. It sets and upholds ethical and technical standards for its members, who are known as chartered surveyors. Chartered surveyors are professionals who provide expert advice on various aspects of real estate, including valuation, construction, development, property management, and investment.
RICS operates through a network of regional offices and local professional groups around the world. It offers educational programs, training courses, and qualifications that enable individuals to become chartered surveyors. RICS also provides industry research, guidance, and best practice recommendations to ensure the highest level of professionalism and integrity in the property and construction sectors.
In summary, RICS is an internationally recognized professional body that promotes and regulates the standards and expertise of chartered surveyors in the fields of land, property, construction, and infrastructure.