CCIM Institute
CCIM Institute
A Certified Commercial Investment Member (CCIM) is a commercial and investment real estate expert. The designation is awarded by the CCIM Institute, formerly known as the Investment Real Estate Institute (CIREI) of the National Association of Realtors[1].CCIM designees live and work in the U.S., Canada, Mexico, and more than 35 other nations. International membership includes more than 1,000 professionals. The CCIM is also affiliated with the CCIM Foundation[2]. A CCIM is a resource to the commercial real estate owner, investor, and is among 9,500 professionals around the globe.
History
The designation was previously established by the California Association of Realtors in 1954 under the name Certified Property Exchanger (CPE)[3].
Function
CCIMs should be proficient in user decision analysis, investment analysis, market analysis, and financial analysis for commercial real estate.
In 2007, CCIM Institute launched the Robert L. Ward Center for Real Estate Studies, offering concentrated courses on specific topics.
CCIMs have access to a suite of online technology tools through the "Site To Do Business," and they can post properties for sale or lease through the online CCIMNet commercial real estate exchange.
Among 150,000 commercial real estate professionals, only 6% of them hold the CCIM designation[4].
Qualifications
Completing the Designation Curriculum which includes (CI 101: Financial Analysis for Commercial Investment Real Estate, CI 102: Market Analysis for Commercial Investment Real Estate, CI 103: User Decision Analysis for Commercial Investment Real Estate, CI 104: Investment Analysis for Commercial Investment Real Estate; Online Ethics Course; Preparing to Negotiate or Advanced Negotiation Workshop.
Acquire 2 elective credits from other sources.
Submit a portfolio of qualifying experience before taking the final exam[5].
Pass the comprehensive exam[6].
Commercial Investment Real Estate magazine
The CCIM Institute's flagship publication, Commercial Investment Real Estate magazine, features articles about industry trends. Authors for the bi-monthly magazine include CCIM members, industry professionals, and CCIM Institute staff.