Topping up Valuation Level 2 to Achieve RICS VRS

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DeLever RICS APC Top Tips from Jon Lever FRICS

Did you know there is an option where you can pass your APC with your Valuation competency declaration at Level 2 and then TOP UP to Valuer Registration (Level 3) at a later date?

I am a Chartered Quantity Surveyor, so what do I know about Land and Property Valuation and the Red Book..?

Well, the answer is NOT A LOT because it is not within my required pathway or skill set…!  BUT what I do know, in my roles as an RICS Training Advisor and RICS UK Licenced Assessor Trainer, is that I am still observing a substantial referral rate in the Valuation (Level 3) Competency area and I often have discussions with candidates who can adequately achieve Valuation Level 2 but lack the opportunity to gain Level 3 experience within their working environment, yet still want to declare it to Level 3 for their APC Final Assessment!  Stranger still, even in this situation candidates are willing to risk their chance of success by declaring Valuation to Level 3 in the hope that they can just maybe wing it at the Final Assessment!

I think it is worth reinforcing at this point that I am not saying don’t do Valuation to Level 3, but I am saying only do it if you can adequately well achieve the requisite experience, which I hope is common sense.  I have no hidden agenda or views on the pros or cons of VRS and remember I started this blog article with “I am a Chartered Quantity Surveyor, so what do I know…”.

STOP, PAUSE and CONSIDER the following… APC Assessors are trained by RICS to ensure anyone declaring Valuation Level 3 is correctly tested at Level 3, which means an in-depth discussion around real-life Valuations you have done and advised upon.  If you are successful at Final Assessment and can achieve Valuation Level 3 you will then automatically obtain VRS status. So, with the best will in the world, you CANNOT wing this assessment!

OK, so hopefully I have set the scene for where I want to go with this blog article…

What I do want you to realise is that there are OPTIONS available to you where you can declare Valuation to Level 2 and ACE your APC and if you want to become a Registered Valuer then you can do this as a TOP UP at a later date.  So if Valuation Level 3 is not where you are right now, then don’t try and kid yourself that you will pass the Final Assessment.  Of course there is another consideration here too and that is candidates often look at the APC Final Assessment as a time related right of passage, “I have achieved the minimum training period therefore I MUST BE READY for my Final Assessment…”.  Sadly this is all too often NOT the case and however hard it may seem to make the decision it is better to focus on competency achievement rather than time served.  So if you are declaring Valuation to Level 3 but you have not yet achieved it then defer your final assessment and plan a programme of experience gathering and improve your chance for success.

NOW this is the crux of this blog article, WHAT IS THE VRS TOP UP?  Well that is something I am also finding that a lot of people don’t know about, so I have been on a mission to find the relevant information and give you a link to it.  I am here to raise awareness and offer you the opportunity to review your options and ensure you can make a sensible and informed decision.

And I quote:
“RICS Valuer Registration Scheme and the APC:  Those qualifying for chartered membership after 1 January 2012 are required to meet the Valuation or Valuation of Businesses and Intangible Assets competency to Level 3 at Final Assessment to be eligible for the Registered Valuer title. If you did not achieve either competency to Level 3 after this date, you are required to undertake a further assessment in order to register. There are three key elements to the assessment:”

So here are the links to the key information:

RICS VRS: http://www.rics.org/vrs

RICS VRS TOP UP GUIDANCE:  http://www.rics.org/Global/Valuer%20Registration%20Assessment%20-%20Guidance%20for%20Candidates.pdf

Happy reading and I hope this small observation has been useful… My job is done and I’m off to count some bricks!

Kind regards

Jon

 

 

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For extra confidence before your final assessment interview, sign up for our FREE Mock Interview Feedback online masterclass.

Following our most recent set of mock interviews, Jon and his fellow DeLever consultants will be discussing the most common mistakes made by candidates in the final interview and providing advice and suggestions on how you can avoid these mistakes.

Benefit from the knowledge of our DeLever consultants, all experienced and active APC Assessors, and gain key hints and tips to help you in your interview all absolutely FREE!!!

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Kind regards

Jon

Are you looking to do your APC through the PER – Professional Experience Route?


PERFor those of you undertaking the APC PER Final Assessment this Autumn you will be in the throws of completing the Preliminary Assessment Documentation if not already submitting it for review. Don’t forget the cut off dates for the next stage, application for your final assessment,  will be upon us in July and August and then final documentation submission in August and September.  You can find all of the dates on the RICS web site.  

It is important to remind anyone doing or seeking to do the APC PER it is not an easier route to Final Assessment, if anything, in my view, it actually is a little bit harder due to the restriction on word count etc., if you don’t approach the task properly.  

The documentation and final assessment is all about the real-life examples at Level 2 and 3 and that full appreciation of the knowledge base requirements noted in the Pathway guides to tick the box for Level 1 knowledge…

More often than not APC PER Candidates get referred due to a lack of understanding and awareness of what they are walking into and most report that the collation of the documentation and final assessment is not what they expected and required twice (if not more) the effort than anything they have done before!  It will take 4 to 6 months to get this right and be ready for the final assessment

So, I have a solution that I believe will drastically raise your opportunity to pass your APC at the final assessment.  It is a pretty simple solution too…

All you have to do is consider the support you need and then come along and take a look at the DeLever APC PER Training course I have devised for you.  The course provides you with six bite size events, starting on the 31st July 2014 with three events that get you ready for the preliminary assessment in October / November 2014 and thereafter another three events taking you through to submission and the final assessment preparation in Spring 2015.

The course is run my Jon Lever FRICS and a number of DeLever APC Coaches who will be from your Pathway and assess PER.

In recent Months DeLever have achieved an 89% pass rate for candidates being mentored and mock interviewed by DeLever in readiness for their final assessment.  And it is worthy of note that the mentoring is not a continuous flood of support but moreover a few hours here and there…

So, take a look at the course at http://www.delever.com/pertraining

Come back to me if you have any queries and I look forward to seeing you there and letting me help you to achieve your Chartered Surveyor goal.

DeLever APC PER Training CourseDeLever are very happy to announce our latest offering specifically for Professional Experience Route Candidates.  Feedback from PER candidates suggests they are finding this route is a lot more demanding than they thought it would be. DeLever are here to support and guide you through the process.  With our expertise and regular monthly training, you’ll have all the support you need.

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