Recognised European Valuer Scheme REV

The European Group of Valuers Association [TEGoVA]

Recognised European Valuer Scheme REV™

Recognition for valuers in the UK and Europe

If you are a practising valuer in the United Kingdom, a qualified valuer member of the Institute of Revenues Rating and Valuation [IRRV] and  meet the TEGoVA Educational, Ethical, Experience and Life Long Learning (CPD) requirements you may apply to the IRRV to become  a Recognised European Valuer and use the designatory letters REV™.

As indicated, to become a REV an applicant must be a qualified valuer member of the IRRV. If you are not currently an IRRV member, go here for further information.

The IRRV through its valuation faculty promotes  the study of all aspects of valuation of land and interests in land, and to provides  support to members of the Valuation Faculty 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™scheme and the application procedure is  set out below and full details 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 £150.00.

The REV application form may be obtained here or use links on the side of this page to obtain the form in a word format

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.

For more information or clarification please contact education@irrv.org.uk