Recognised European Valuer Scheme REV™

 

Recognition for valuers in the UK and Europe

Practising valuers who meet the TEGoVA Educational, Ethical, Experience and Life Long Learning (CPD) requirements may apply to the IRRV to become  a Recognised European Valuer and use the designatory letters REV™.

An applicant may be a qualified valuer member of the IRRV, but this is not mandatory.

The IRRV, through its Valuation Faculty, promotes  the study of all aspects of valuation of land and interests in land, and provides support to members of the Association in their professional activities whether in the UK or abroad.

The TEGoVA Recognised European Valuer Scheme is designed to maintain, enhance and harmonise valuation standards and the valuation profession in Europe. By granting the status ‘Recognised European Valuer’ and designation REV™ to individual practising valuers, an internationally recognised indicator of ability, education and experience is provided to  assure  clients of a valuer’s skills and proficiency.

An outline of the REV™ application procedure is set out below. Full details of the REV scheme are available on the TEGoVA website www.tegova.org

To apply for recognition the individual valuer must submit an application using the form (see below) to the IRRV with the necessary evidence showing he/she has achieved the stipulated requirements. REV Certificates are valid for 5 years (renewable) at an annual fee of £213.00 for IRRV members, £334.00 for non-members.

The REV application form may be obtained here

The application form should be sent by post or in electronic format together with:

• a current, signed CV
• details of relevant educational qualifications
• confirmation of adherence to an ethical code
• written evidence of a minimum of 20 hours continuous professional development per year;
• a list of 20 real estate valuations undertaken within the last two years
• two recent sample valuation reports, which may be edited where appropriate in order to assure confidentiality.

Please note that the IRRV may in addition call an applicant for interview.

Application

To apply for REV status, complete the REV Application Form and email, together with the required accompanying documents to membership@irrv.org.uk