Property Manager · Tianjin, China · Member since 2014 · 6 posts · 5 votes
9y
Cameron, In the UK and markets with connections to the UK (Australia, Hong Kong, Singapore) RICS is a designation that illustrates a broad based understanding of real estate. In most cases you earn this when you are working with a real estate related firm (brokerage, investment, management, etc). The course has a broad base of material you have to cover and once earned a lot of folks list in on their resumes and business cards. There is also MRICS and FRICS for folks who earned the RICS and then later in their careers were recognized as having gained an even higher level of experience in the industry. In short, it is something that shows you've gone through a program with a broad base of real estate knowledge and will be recognized in the UK and in my view is useful. You will even hear people talk about "Chartered Surveyors" (the CS at the end of RICS) even though the surveyor part is not quite how we think of surveyors in a North American context.