My name is Roger Stanway. I am a Fellow of the Royal Institution of Chartered Surveyors and a Chartered Valuation Surveyor. I am also a RICS Registered Valuer and a specialist in Auditing valuations, Risk measures and Compliance with RICS Valuation – Professional Standards (the Red Book), International Valuation Standards (IVS) and RICS Rules of Conduct.
I have valued, managed, acquired and disposed of property assets for 37 years and have worked in the public sector, the private sector, in the UK and in Europe. My clients have included most of the European banks and investment funds as well as the UK government.
For the last 4 and a half years I have worked for RICS in the Professional Groups and Forums department shaping policy, improving standards and developing best practice in valuation and commercial property. This included facilitating and contributing to the Valuation Standards Board (who formulate RICS Valuation – Practice Standards 2014, the’ Red Book’) and the Global Valuation Board who shape valuation policy worldwide. I have travelled all over the UK and Europe speaking at seminars, workshops and conferences to promote the Valuer Registration Scheme as well as other RICS wider initiatives.
Latterly, I was asked, by RICS Regulation to assist with setting up the framework for the Valuer Registration Scheme and then ensuring its smooth operation through a risk based monitoring programme which involved visiting members and firms to help them comply with the requirements of the scheme by adhering to professional standards, ethics and rules of conduct through some simple measures and feedback.
As an expert in the Red Book, I want to use the knowledge and experience I have acquired over the years to help members and regulated firms comply with their professional requirements.
Running a business, finding the time to develop your client base, increasing administration and bureaucracy (particularly from RICS) and keeping up with market changes, it can be difficult to find the time to keep up with ever changing standards and rules. The Red Book, which is highly technical in parts, can be difficult to plough through and to make it harder, it changes every year and is about to undergo a complete transformation. Are you able to keep up with the changes? If not, it can leave you open to criticism and claims.
