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WHAT IS A CCIM?
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A Certified Commercial Investment Member (CCIM) is a recognized expert in the
disciplines of commercial and investment real estate. A CCIM is an invaluable
resource to the commercial real estate owner, investor, and user, and is among
an elite corps of 7,000 professionals across North America who hold the CCIM
designation -- the "Ph.D. of commercial real estate."
Recognized for its preeminence within the industry, the CCIM curriculum represents
the core knowledge expected of commercial investment practitioners, regardless
of the diversity of specializations within the industry. The CCIM curriculum
consists of four core courses that incorporate the essential CCIM skill sets:
financial analysis, market analysis, user decision analysis, and investment
analysis for commercial investment real estate. Additional curriculum requirements
may be completed through CCIM elective courses, transfer credit for graduate
education or professional recognition, and qualifying non-CCIM education. Following
the course work, candidates must submit a resume of closed transactions and/or
consultations showing a depth of experience in the commercial investment field.
After fulfilling these requirements, candidates must successfully complete a
comprehensive examination to earn the CCIM designation. This designation process
ensures that CCIMs are proficient not only in theory, but also in practice.
With such a wide range of subjects to be mastered and in a dynamic business
such as real estate, the educational process doesn't end once the designation
is earned; there is a strong commitment among CCIMs to continuing education.
Only 6 percent of the estimated 125,000 commercial real estate practitioners
nationwide hold the CCIM designation, which reflects not only the caliber of
the program, but also why it is one of the most coveted and respected designations
in the industry. The CCIM membership network mirrors the increasingly changing
nature of the industry and includes brokers, leasing professionals, investment
counselors, asset managers, appraisers, corporate real estate executives, property
managers, developers, institutional investors, commercial lenders, attorneys,
bankers and other allied professionals. Through this business network and through
enhanced communication with the CCIM electronic network, CCIMs successfully
complete approximately 156,000 transactions annually, representing more than
$400 billion.
Certified Commercial Investment Members are in more marketplaces in North America
-- 12 CCIM regions representing 1,000 cities -- than all major real estate companies
combined. Regions and chapters provide designees and candidates the opportunities
to promote business and educational goals through local and regional forums
and meetings. Conferred by the CCIM Institute, the CCIM designation was established
in 1969.