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RICS RVA Professional Competency Requirements

RICS RVA Professional Competency Requirements

All Royal Institution of Chartered Surveyors Registered Valuers Association (RICS RVA) professionals must demonstrate competencies appropriate to their chosen asset classes.

Competency guide

Each competency is defined at three levels of attainment. Candidates must reach the required level in a logical progression and in successive stages:

  • Level one: Knowledge and understanding.
  • Level two: Application of knowledge.
  • Level three: Reasoned advice, depth and synthesis of technical knowledge and its implementation.

The competencies are in three distinct categories:

  • Mandatory: The personal, interpersonal, professional practice and business skills common to all pathways and mandatory for all candidates.
  • Technical core: The primary skills of your chosen pathway.
  • Technical optional: Selected as additional skill requirements for your pathway from a list of competencies relevant to the area of practice.

Steps to demonstrate your compentencies

  1. Determine the appropriate Assessment Type in consultation with RICS RVA: Submit your CV to RICS RVA and consult with the RVA employee to determine your eligibility.

  2. Submissions: Complete the submissions as required for the assessment type and required professional competencies.

  3. Assessment — professional interview: Attend professional interview assessment. This will be a face-to-face interview.

Mandatory competencies for all asset classes

All candidates must achieve the defined level of the mandatory competencies. These competencies are considered common to, and necessary for, all RICS RVA professionals.

Level three

  • Ethics, Rules of Conduct and professional practice

Level two

  • Client care
  • Health and safety

Level one

  • Accounting principles and procedures
  • Business planning
  • Conflict avoidance, management and dispute
  • Resolution procedures
  • Data management
  • Diversity, inclusion and team working
  • Inclusive environments
  • Sustainability

Asset-class-specific competencies

  • Candidates coming from Valuation of Land and Building, and Plant and Machinery are required to showcase the following competencies:

    Core competencies

    Level three

    • Inspection
    • Valuation

    Level two

    • Measurement

    Optional competencies

    Candidates select three areas from the list below to be assessed to a Level 3 competency, or two to Level 3 and two to Level two:

    • Accounting principles and procedures or
    • Conflict avoidance, management and dispute resolution procedures or Sustainability
    • Building pathology
    • Capital taxation
    • Compulsory purchase and compensation
    • Construction technology and environmental services
    • Contaminated land
    • Corporate recovery and insolvency
    • Data management
    • Development appraisals
    • Insurance
    • Investment management
    • Landlord and tenant
    • Leasing and letting
    • Legal/regulatory compliance
    • Loan security valuation
    • Local taxation/assessment
    • Planning and development management
    • Property finance and funding
    • Property management
    • Purchase and sale
    • Strategic real estate consultancy
    • Valuation of businesses and intangible assets
    • Auctioneering

    Plus, one to Level 2 from the full list of technical competencies, including any not already chosen from the optional list.

    Candidates planning to specialise in residential survey and valuation must complete Building pathology to Level three. Candidates planning to specialise in Machinery and business assets must choose two optional competencies to Level 3 from the following list:

    • Auctioneering
    • Accounting principles and procedures or Conflict avoidance, management and dispute resolution procedures or Sustainability
    • Capital taxation
    • Compulsory purchase and compensation
    • Corporate recovery and insolvency
    • Insurance
    • Investment management
    • Leasing and letting
    • Legal/regulatory compliance
    • Local taxation/assessment
    • Purchase and sale
  • Candidates coming from Valuation Business and Intangible assets are required to have the following competencies:

    Core competencies

    Level three

    • Accounting principles and procedures
    • Asset assessment and management
    • Valuation of businesses and intangible assets
    • Valuation reporting and research

    Optional competencies

    One to Level three or two to Level two from the list below

    • Capital allowances
    • Compulsory purchase and compensation
    • Corporate recovery and insolvency
    • Financial management
    • Purchase and sale
    • Taxation

    Plus, one to Level two from the full list of technical competencies, including any not already chosen from the optional list.

Find your best Assessment Type

Types of assessments

There are two options available. These assessments involve the completion of the online ethics module, submission of written statements to demonstrate your experience and conclude with a professional interview.

  1. Assessment of Professional Competence (APC): Suitable for individuals with degree-level qualification and work-based experience.
  2. Senior Professional Assessment (SPA): In recognition of exceptional career achievement, we offer an assessment specifically designed for senior professionals in roles with leadership and management responsibilities.

Please refer to the table on the right-hand side for details about difference assessment types.

Note: Candidates need to complete all submissions on ARC (the Assessment Resource Centre). Information on how to access ARC will be provided to you by the RICS RVA during the application process.

RICS Professional Assessment Requirements
APC Professional Assessment Requirements

Payment information

  • APC candidates

    All APC candidates must pay an APC subscription for 1 January–31 December (2019 rate) and a separate APC fee:

    • Registration fee: INR4,310.00
    • Subscription fee: INR6,948.00
    • APC fee: INR29,500.00

    The total amount to be submitted at the time of enrolment is INR40,758.00.

    The APC fee of INR29,500.00 includes application fee (INR25,000 + GST) and final assessment interview fee (INR4,500).

    Senior professionals

    All candidates from Senior Professional Assessment Type must pay an application fee of INR25000 + GST (INR4,500 is the total amount of INR 29,500 to be paid at the time of enrollment).

    How to pay

    Please contact RVAIndia@rics.org.

Contact us

t +91 124 459 5400

RVAIndia@rics.org