How do I know who to trust when buying, selling or renting a property?
Published September 17th, 2013
When buying, leasing, selling or managing your business premises, it makes sense to seek advice from a trusted professional who can offer you their expertise and independent advice.
RICS members are the professionals of the property world. Their training and experience qualifies them to help on all aspects of your property affairs. Some offer a range of property skills and others specialise in particular areas such as valuation, building surveys or agricultural property.
“Members can be recognised by the letters AssocRICS, MRICS or FRICS after their name,” explained Adam Farnsworth (MRICS), a partner with Berrys based at the Kettering office.
“This is more than a guarantee of levels of professional training and experience, as RICS also ensures that members abide by strict rules of conduct.”
As an ultimate safeguard, all RICS members are required to carry professional indemnity insurance, which protects the client’s position in the unlikely event of professional negligence.
They give you clear, impartial and expert advice
They act in your interest
They are tightly regulated and have to follow strict rules of conduct –
including having in place professional indemnity insurance to protect you
RICS members have a specific set of rules and best practice guidance,
the Real Estate Agency and Brokerage Standards, designed to help ensure
RICS agents provide exceptional service
RICS members have to update their skills and knowledge throughout
their careers, so you can rely on their expertise
You are protected by a complaints procedure.
“Look out for firms that are ‘Regulated by RICS’. Commercial property agents and surveying firms will use this phrase on their stationery and advertising material,” added Mr Farnsworth.