Trade BodyValuation Tools
RICS
The global chartered professional body for surveyors, valuers, and the wider built environment and land/property professions, founded in 1868 and holding a royal charter since 1881.
Founded 1868 · London, UK
The Royal Institution of Chartered Surveyors (RICS) is a global professional body covering land, property, construction, and the wider built environment. Founded in 1868 and granted a royal charter in 1881, it sets qualifications and professional standards — including the “Red Book” valuation standards widely used across the UK property industry — and regulates chartered surveyors. As of 2025 it reported around 113,000 members worldwide.
What It Does
- Sets professional qualifications and standards for chartered surveyors, including valuation standards (the “Red Book”)
- Regulates member conduct across land, property, and construction professions
- Operates globally, with significant reach into UK residential and commercial property valuation practice