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What is a CCIM?
(unabridged from CCIM web site)
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. Courses leading to the designation are now
offered throughout the world. For more information, call (800)
621-7027.
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