Commercial real estate
Mandatory competencies
You must achieve the minimum levels as set out in the mandatory competencies.
Level 3
Level 2
Level 1
- Accounting principles and procedures
- Business planning
- Conflict avoidance, management and dispute resolution procedures
- Data management
- Diversity, inclusion and teamworking
- Inclusive environments
- Sustainability
Core competencies
Level 3
Level 2
- Valuation (or Level 3*).
Optional competencies
Three to Level 3*.
- Accounting principles and procedures or Conflict avoidance, management and dispute resolution or Data management or Sustainability
- Auctioneering
- Building information modelling (BIM) management
- Building pathology
Plus 1 to Level 3 or 2 to Level 2 from the full list of technical competencies, including any not already chosen from the optional list.
Notes
*If Valuation is taken to Level 3, the requirements are as follows:
- From the optional competency list you must select 2 at Level 3 and 1 at Level 2; plus
- From the full list of technical competencies you must select 1 to Level 3 or 2 at Level 2.
Although commercial real estate is the focus for the pathway, up to 30% of your experience can come from other property sectors, e.g. Residential.
Full details of Commercial real estate are on the RICS website.