The trust issue

Oliver Parsons

Editor of Modus (RICS)

It's possibly our most valuable commodity. In what or whom should you put your trust? How can you guarantee it? And what does the profession need to do to earn it?

May Modus 2015 - The trust issue

In a global marketplace, the built environment and land sectors are more susceptible than most to the discrepancies in standards that exist from country to country. While great strides have already been made to level the fields of measurement and valuation, it is ethics that goes to the heart of professional reputations.

In our cover story, we speak to members of an international coalition working to create a set of ethics standards that – if universally adopted – will crystallise trust in the profession and boost confidence in the industry.

We also ask what qualities one should look for in an international partner, and why a lack of trust is holding back businesses from fully embracing BIM (building information modelling).

Elsewhere in this edition, are more governments finally waking up to the potential benefits of real estate investment trusts (REITs)? And speaking of governments, what impact will the result of the general election have on the UK property sector?

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Ethics and trust in focus

  • Standards>

  • Conflicts of interest>

  • Ethics walkthrough>

  • Live and learn>