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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Mock Interviews – North ** Few places left**

Calling all CP, Res, Val, BS and QS candidates! 

Only 5 Mock Interview places left in the North (Leeds).  Don’t miss this opportunity, it’s just like the real thing and will highlight any weaknesses you need to sort out in order to pass your APC:

http://www.delever.com/mock-interviews

Click to Book Now !

 

 

 

DeLever / JFPC: Valuation (incl RED BOOK 2014 Updates), Landlord and Tenant TRAINING

DeLever are Facilitating the JFPC Valuation School Training Event in London

DON’T  Miss this fantastic APC Preparation opportunity! (Only 20 places per event)

ONLY TWO WEEKS TO GO LIMITED PLACES AVAILABLE – BOOK NOW

**INCLUDES LATEST UPDATES TO THE RED BOOK: JANUARY 2014 EDITION**

Where: Near Heathrow T5, London
When: 3 & 4 December 2013

Jon Lever FRICS and John Faulkner FRICS are collaborating to provide a top class, jam packed two days of specific APC related competency training.  This is being provided by popular demand.

CPD / PD relevant training…

What you get:

Day 1 – Valuation Revision Session Speaker: John Faulkner FRICS

Day 1 (evening) – APC Rules of Conduct and General APC Q&A Session  Speaker: Jon Lever FRICS

Day 2 – Landlord & Tennant  Speaker: John Faulkner FRICS

Fantastic Prices:  There are Three Options  (EARLY BIRD RATES HELD)

Day 1 – Valuation Revision – £137.50 plus VAT – Only 5 places left

Day 1 (evening) – APC SPECIAL Evening session – £FREE to day 1 or 2 delegates, otherwise £30 plus VAT (limited places)

Day 2 – Landlord & Tenant – £137.50 plus VAT – Only 5 places left

Buy both Day 1 & 2 and get 20% Discount

All resources are provided.  FREE DeLever Resource CDROM available for the APC evening event delegates. Dress code casual.  Refreshments included for Delegates attending Valuation and L&T courses.  Accommodation and Breakfast / Dinner is NOT included, but preferential rates are available.

LIMITED PLACES AVAILABLE – BOOK NOW

http://www.delever.com/valuation

Any queries, get in touch

Kind regards

Jon Lever FRICS
jon@delever.com

DeLever FREE APC Masterclass ONLINE – Commercial, Residential, Valuation Pathways – UPDATE

Hi All

DeLever FREE APC Masterclass Recording for ‘Introduction to Valuation’ including Commercial, Residential & Valuation Surveying’.
Speaker: John Faulkner FRICS   

CP RES VALThis FREE DeLever APC Commercial, Residential and Valuation Masterclass explaining a ‘Introduction to Valuation’ was delivered by John Faulkner FRICS on the 6th December with about 18 people attending.

We discussed the up and coming DeLever APC Commercial, Residential and Valuation relevant Masterclasses which will be running through January and March 2013(www.delever.com/masterclass), 30 minute explanation of the Valuation Competency followed by 30 minutes of pathway specific Q&A.

A few stats for you:

1. 75% rated the DeLever APC Masterclass & Online system ‘Excellent’.
2. The rest rated it ‘Good’

We are always looking to improve our carbon foot print and save you money. To attend a similar event or receive similar training, our delegates felt we saved:
1. 67% felt we saved them 1 hour and about £50 of expenses
2. 33% felt we saved them 2 hours and about £80 of expenses

If you missed this and would like to view it?

If yes, then follow this link:

http://www.delever.com/freecpintro

 

Kind regards

Jon Lever FRICS