RICS (Royal Institution of Chartered Surveyors) is an independent professional organization with a longstanding history. Established in 1868 in the United Kingdom, and royally chartered in 1881, the organization sets international standards of best practice for professionals involved with the complete life cycle of property – “from land management and measurement, through planning, environmental impact assessment and investment appraisal, to managing the construction process and advising on the most efficient use of buildings.” RICS strives to “regulate and promote the profession, maintain the highest educational and professional standards, protect clients and consumers through a strict code of ethics, and provide impartial advice, analysis and guidance. Today, the RICS organization has more than 100,000 members, known as “chartered surveyors,” around the globe.
Members who have demonstrated a certain level of expertise are noted by one of three designations following their name – FRICS (Fellow of RICS), MRICS (Member of RICS), AssocRICS (Associates of RICS). “Fellows” (FRICS) are “leaders in their field, people who have undertaken notable projects or made a special contribution to the profession” and are considered “major achievers” in their careers. “Members” (MRICS) and “Associates” are individuals who maintain exemplary standards in their valuation profession and present a combination of professional and/or vocational experience; without a degree, the highest level of membership available is the “Associate.” All surveyors are subject to RICS professional standards, which include “mandatory rules, best practice guidance and related commentary,” documented in the “Red Book.” In addition, RICS Valuer Registration is open to all qualified individuals who perform Red Book valuations and are especially committed to providing the absolute highest level of service in the industry.
RICS provides an invaluable service to clients seeking property valuation in a world beset with drastically different degrees of professional standards and best practices. No matter where they are located, FRICS, MRICS, AssocRICS, and Registered Valuers are bound to a comprehensive, consistent, and highly professional set of valuation standards giving clients an unshakable confidence in their abilities and ethics.
International Realty Valuation’s President, Lance W. Dore, FRICS, MAI, RICS Registered Valuer, became a RICS Fellow in 2007, and recently became a RICS Registered Valuer in January 2014. Vice President Oscar J. Franck Terrazas, FRICS, RICS Registered Valuer became a Fellow in April 2010, and a RICS Registered Valuer in January 2013. The two share an in-depth knowledge of Red Book standards and their commitment to the RICS is evident throughout the International Realty Valuation network. The following affiliates of International Realty Valuation hold the indicated RICS designations:
FOUNDING PARTNER Hiroyuki Isobe (Japan) – FRICS, RICS REG VALUER
Igor Artemenkov (Moscow) – FRICS
Gerald A. Smith (Nicaragua) – FRICS
Matt Myers (Pacific Island Countries) – MRICS
Michael Sorich (U.S.-Southeast/Caribbean) – FRICS
For more information, please visit IRValuation.com or contact:
LANCE W. DORÉ, FRICS, MAI, RICS REGISTERED VALUER
President / Founder
INTERNATIONAL REALTY VALUATION, INC.
415 West G Street
San Diego, CA 92101
T: (619) 933-5040
OSCAR F. TERRAZAS, FRICS, RICS REGISTERED VALUER
Vice President and Founder
INTERNATIONAL REALTY VALUATION DE MEXICO, INC.
3723 Birch St., Suite 7
Newport Beach, CA 92660 USA