Demonstrate your understanding of the Real Estate Lifecycle.
The real estate lifecycle relies on RICS’ and many other professionals. This certification recognises the role that they all perform.
RICS, through our qualified professionals, are best placed to advise across the real estate lifecycle from planning and acquisition to construction and occupation. However, there are other significant agents and advisors involved that affect a successful real estate market.
The RICS Real Estate Lifecycle Certification provides a thorough training and assessment programme ensuring individuals understand all functions of the real estate market and the role that RICS, our standards and professionals, perform in the market.
Who is it for?
Established service providers working within the real estate market that complement, support or rely upon professionals in the land, property and construction industries. The primary functions of these service providers are in corporate (financial and legal), operational (HR and marketing), and statutory (public sector) services.
Many financial, legal, HR and marketing professionals are deeply involved in the built environment either working within the industry itself, providing related legal advice, investing or lending, or as clients, suppliers, business associates or colleagues of RICS professionals.
What need does the certification serve?
These professionals perform an integral role throughout the real estate lifecycle and there is existing demand from these professionals to better understand the real estate sector.
Through recognising these individuals and their contribution to the real estate market we can create greater market confidence in real estate and drive greater adoption of the RICS standards and professionalism already recognised in the market.
Why become RICS Certified in Real Estate Lifecycle?
In the same way that RICS professionals need to develop and maintain their knowledge and understanding of legal, financial, HR and marketing functions, organisations involved in the built environment are increasingly training their teams on real estate to improve their performance, to differentiate themselves in an increasingly competitive business environment and to maintain trust in the eyes of customers, regulators and other external stakeholders.
Gaining certification will provide recognition of an understanding of the real estate market, a knowledge of recognised RICS standards and a commitment to continuing professional development in real estate.
We are committed to supporting the real estate sector as it works to address the shortfall in the supply of homes and many other important issues. By working with RICS to invest in upskilling our specialist teams across the country, we will be able to provide more informed support to our clients in the sector.
show full programme
The training, assessment and certification is based on the real estate lifecycle, each of its stages and the RICS role in the market.
|The role of the RICS and its professionals
||An introduction to RICS - its functions, professional members, standards, and the regulatory framework developed to ensure public confidence and a high standard of professional practice
|Introduction to the real estate lifecycle
||An understanding of the real estate lifecycle, the main elements of each stage, and the benefits of taking a whole lifecycle approach to managing real estate assets
||The drivers behind acquisition of land/property and the impact of valuation in the decision making process
||Factors behind the decision to develop new property - the market analysis, planning considerations and viability of development proposals
||The process of developing real estate
||The principles of asset managing real estate assets once they become occupied
|RICS professional ethics
||An overview of the ethical standards placed on RICS professionals
On completion of the training, individuals will be assessed by a 75-minute online exam.
On passing the assessment, individuals will be identified as RICS Certified in Real Estate Lifecycle and will be committed to the following:
- Recognising RICS professional standards
- Completion of annual CPD
- Reassessment every three years
Find out more
Enrol on the Certification today
If you are interested in introducing the RICS Real Estate Lifecycle Certification to your organisation and want to find out how we can deliver it for you please contact Andrew Knight (firstname.lastname@example.org).
For general enquiries please email email@example.com
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