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An Introduction to RICS Americas and the Valuation Council
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All Members (includes Students, Trainees and Affiliates) RICS members are all over the world ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],… with offices in 40 countries – including new ones to serve growing memberships in South America, India, China, Scandinavia… RICS Offices : London (RICS UK HQ) Brussels (RICS Europe HQ) New York (RICS Amer. HQ) Hong Kong (RICS Asia HQ)  Dubai (RICS Middle East/Africa HQ) Sydney (RICS Oceania HQ) Delhi (RICS India HQ) 1 2 3 5 6 4
Snapshot of RICS Americas membership ,[object Object],[object Object],[object Object]
All RICS members living in Americas are represented on local, regional and global boards   Global Management Board (Staff & Officers) World Regional Board (7 World Regions:  RICS Americas, Europe, Asia, etc.) (Regional and Discipline representatives) 3 National Associations (RICS Canada, RICS Caribbean, RICS USA) 15 Local Chapters (e.g. RICS Southern California, RICS Jamaica)
Professional disciplines are represented by global Professional Groups and Americas Councils   Global Management  Board RICS Americas  Board Global Knowledge &  Standards Boards National Associations (e.g. RICS USA) Local Chapters (e.g. RICS Midwest) RICS Valuation Professional  Group RICS Americas  Valuation Council RICS Americas  Specialty Board (e.g., Business Property) Global  Regulatory  Board
Most new members already have at least one professional credential Enrollments as of Nov. 2008- Nov. 2009 22 CCC, CCE Association for the Advancement of Cost Engineering 48 ASA American Society of Appraisers 30 ARA, AFM, RPRA American Society of Farm Managers and Rural 24 AACI Appraisers  Appraisal Institute of Canada 99 MAI Appraisal Institute Association Credential Number CCIM Institute CCIM 17 Counselors of Real Estate CRE 19
RICS is well-positioned in the valuation profession ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
RICS distinguishes itself from various valuation organizations   RICS has the  financial strength  and  corporate flexibility  to make the concept feasible Our partner associations* tend to have the  vision and desire  to unify the profession RICS has  North American   and   global  valuation presence and reputation with governments and international bodies such as the International Accounting Standards Board Our partner associations* tend to have a larger valuation group in the  Americas  - so existing members can take leadership roles RICS has a  platform  for expanding on other associations’ disciplines and distributing education programs globally Our partner associations* tend to have excellent  education  programs RICS has a strong  North American   and   global  presence and experience Our partner associations* tend to have a strong  US  presence and experience *RICS Americas regularly partners with associations including, ASA, ASFMRA, AI, AI Canada, IAAO and IRWA.
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],RICS maintains reciprocity, notably with ASA and ASFMRA
The RICS Americas Valuation Council
Leading the Debate in Valuation Issues ,[object Object],[object Object],[object Object]
The Valuation Council’s Key Objectives ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],Valuation Council Leadership
RICS Americas Valuation Council: The Boards Valuation  Council Real  Property Personal  Property Plant &  Machinery Business Public  Sector Natural  Resources Standards Board Principles  Board
Valuation Council Interim Leaders:  Two representatives from each Discipline Valuation  Council Real  Property: Brian Glanville Lee Trice Personal  Property: Barden Prisant Alan Fausel Plant &  Machinery: Dick Kaufmann Jeffery Berg Business Valuation: Mary McCarter Vern Blair Public  Sector: Elizabeth Stair Brian Holly Natural  Resources: John Widdoss Tharrell Ming Interim Chair: Don Dorchester Interim Vice Chair: Bruce Bingham
Natural Resources and Business Valuation  Boards Valuation Council Natural Resources Board: John Widdoss Tharrell Ming Marty Glen Martin Wild Jim Hodos Business Valuation Board: Mary McCarter Vern Blair Mike Hill Sr. Jay Fishman
Public Sector, Personal Property, and Plant & Equipment Boards Valuation Council Public Sector Board: Elizabeth Stair Brian Holly Art Clapp Paul Welcome Mary Arndt Personal Property Board: Barden Prisant Alan Fausel Larry Phillips Ellen Epstein Mark Bench Plant & Equipment Board: Dick Kaufmann Jeffrey Berg Joseph Neilson Doug Krieser Ray Moran
Real Property Board and Sub-Groups Real  Property  Board Residential: Lee Trice Karen Mann Cheryl Kunzler Joe Guerry Danny Wiley Commercial: Matt Smith Charles Hardy Rick Donahue Scott Biethan Walter Carpenter Rural: Mike Ming Henry Long Kurt Hardung Justin Bierschwale Specialty: Mark Bates Steve Rushmore Andy Dorchester Tony Correia Steve Gottlieb Interim Chair: Brian Glanville
Principles & Standards Boards Valuation Council Principles Board: Joe Vella, Real Property Greg Gilbert, BV Anne Johnson, Natural Resources Dick Kaufmann, Personal Property Kathryn Gearheard, Public Sector Standards Board: Dave Snook Phil Smith Nardie Vine Richard Marchitelli Carla Glass `
Core Valuation Council Activities
[object Object],[object Object],[object Object],[object Object],Education A financial reporting event series brings latest thinking to valuers across North America
RICS collaborates with many associations and universities; the Council pushes appraisal education
[object Object],[object Object],[object Object],Professional Guidance RICS and the Council maintain and promote the usefulness of the profession for the public advantage
[object Object],[object Object],[object Object],Global Advocacy RICS and the Valuation Council advise government and other bodies on valuation issues
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Peer Review Peer review is a missing necessity in valuation
Getting involved…
[object Object],[object Object],[object Object],[object Object],Four ways to get involved in the RICS Americas and the Valuation Council
[object Object],[object Object],[object Object],[object Object]

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Intro To The Valuation Council

  • 1. An Introduction to RICS Americas and the Valuation Council
  • 2.
  • 3.
  • 4.
  • 5. All RICS members living in Americas are represented on local, regional and global boards Global Management Board (Staff & Officers) World Regional Board (7 World Regions: RICS Americas, Europe, Asia, etc.) (Regional and Discipline representatives) 3 National Associations (RICS Canada, RICS Caribbean, RICS USA) 15 Local Chapters (e.g. RICS Southern California, RICS Jamaica)
  • 6. Professional disciplines are represented by global Professional Groups and Americas Councils Global Management Board RICS Americas Board Global Knowledge & Standards Boards National Associations (e.g. RICS USA) Local Chapters (e.g. RICS Midwest) RICS Valuation Professional Group RICS Americas Valuation Council RICS Americas Specialty Board (e.g., Business Property) Global Regulatory Board
  • 7. Most new members already have at least one professional credential Enrollments as of Nov. 2008- Nov. 2009 22 CCC, CCE Association for the Advancement of Cost Engineering 48 ASA American Society of Appraisers 30 ARA, AFM, RPRA American Society of Farm Managers and Rural 24 AACI Appraisers Appraisal Institute of Canada 99 MAI Appraisal Institute Association Credential Number CCIM Institute CCIM 17 Counselors of Real Estate CRE 19
  • 8.
  • 9. RICS distinguishes itself from various valuation organizations RICS has the financial strength and corporate flexibility to make the concept feasible Our partner associations* tend to have the vision and desire to unify the profession RICS has North American and global valuation presence and reputation with governments and international bodies such as the International Accounting Standards Board Our partner associations* tend to have a larger valuation group in the Americas - so existing members can take leadership roles RICS has a platform for expanding on other associations’ disciplines and distributing education programs globally Our partner associations* tend to have excellent education programs RICS has a strong North American and global presence and experience Our partner associations* tend to have a strong US presence and experience *RICS Americas regularly partners with associations including, ASA, ASFMRA, AI, AI Canada, IAAO and IRWA.
  • 10.
  • 11. The RICS Americas Valuation Council
  • 12.
  • 13.
  • 14.
  • 15. RICS Americas Valuation Council: The Boards Valuation Council Real Property Personal Property Plant & Machinery Business Public Sector Natural Resources Standards Board Principles Board
  • 16. Valuation Council Interim Leaders: Two representatives from each Discipline Valuation Council Real Property: Brian Glanville Lee Trice Personal Property: Barden Prisant Alan Fausel Plant & Machinery: Dick Kaufmann Jeffery Berg Business Valuation: Mary McCarter Vern Blair Public Sector: Elizabeth Stair Brian Holly Natural Resources: John Widdoss Tharrell Ming Interim Chair: Don Dorchester Interim Vice Chair: Bruce Bingham
  • 17. Natural Resources and Business Valuation Boards Valuation Council Natural Resources Board: John Widdoss Tharrell Ming Marty Glen Martin Wild Jim Hodos Business Valuation Board: Mary McCarter Vern Blair Mike Hill Sr. Jay Fishman
  • 18. Public Sector, Personal Property, and Plant & Equipment Boards Valuation Council Public Sector Board: Elizabeth Stair Brian Holly Art Clapp Paul Welcome Mary Arndt Personal Property Board: Barden Prisant Alan Fausel Larry Phillips Ellen Epstein Mark Bench Plant & Equipment Board: Dick Kaufmann Jeffrey Berg Joseph Neilson Doug Krieser Ray Moran
  • 19. Real Property Board and Sub-Groups Real Property Board Residential: Lee Trice Karen Mann Cheryl Kunzler Joe Guerry Danny Wiley Commercial: Matt Smith Charles Hardy Rick Donahue Scott Biethan Walter Carpenter Rural: Mike Ming Henry Long Kurt Hardung Justin Bierschwale Specialty: Mark Bates Steve Rushmore Andy Dorchester Tony Correia Steve Gottlieb Interim Chair: Brian Glanville
  • 20. Principles & Standards Boards Valuation Council Principles Board: Joe Vella, Real Property Greg Gilbert, BV Anne Johnson, Natural Resources Dick Kaufmann, Personal Property Kathryn Gearheard, Public Sector Standards Board: Dave Snook Phil Smith Nardie Vine Richard Marchitelli Carla Glass `
  • 22.
  • 23. RICS collaborates with many associations and universities; the Council pushes appraisal education
  • 24.
  • 25.
  • 26.
  • 28.
  • 29.