What Is a Certified Industry Investment Member (CCIM)?
A Certified Industry Investment Member (CCIM) is a recognized professional throughout the disciplines of industrial and investment precise assets. The designation is awarded by means of the CCIM Institute. A CCIM is an invaluable useful resource to the commercial precise assets owner, investor, and user, letting them make the best investment alternatives when it comes to precise assets.
Key Takeaways
- A Certified Industry Investment Member (CCIM) is a recognized designation granted by means of the CCIM Institute to experts throughout the fields of industrial and investment precise assets.
- Other folks can transform CCIMs by means of completing the specified coursework and passing the exam.
- CCIMs provide specialized services and products to clients in the actual assets sector, helping them lower risks, close further provides, and make a professional alternatives.
- The CCIM Institute provides get right of entry to to a large number of educational subject material along with get right of entry to to trade trade shows, conferences, and events.
- CCIMs include brokers, bankers, developers, prison execs, property managers, and asset managers.
Working out a Certified Industry Investment Member (CCIM)
Certified Industry Investment Member (CCIM) designees are proficient throughout the areas of investment analysis, market analysis, user selection analysis, and fiscal analysis for trade precise assets. The primary areas that CCIMs are able to lend a hand their clients in include minimizing probability, making improvements to credibility, making a professional alternatives, final further provides, and maximizing their return on investment.
The CCIM Institute was once as soon as based totally in 1967 and since then 20,000 other people have lengthy long past by means of its core designation program. In keeping with the CCIM Institute, less than 10% of industrial precise assets consumers and advisors grasp the CCIM designation, and CCIMs on reasonable complete 42% further transactions once a year than a specialist broker, making them a further attractive helpful useful resource for patrons.
In 2007, the CCIM Institute presented the Robert L. Ward Middle for Exact Assets Analysis, which provides concentrated classes on explicit topics. CCIMs have get right of entry to to a selection of online generation tools right through the Internet web page To Do Trade, and they can submit homes available on the market or hire right through the online CCIMNet trade precise assets alternate.
Most often, a CCIM has get right of entry to to a in depth group of other people and continuing coaching. Participants can also get right of entry to topic-related magazines, podcasts, and other educational series. The CCIM Institute moreover participates in quite a lot of trade events, conferences, and trade shows that people are able to attend.
A CCIM is proficient throughout the house of the commercial precise assets trade, which comprises knowledge of the ethics and negotiation practices of investing in that market. CCIMs include brokers, prison execs, bankers, leasing execs, property managers, developers, and asset managers.
Becoming a Certified Industry Investment Member (CCIM)
To earn the CCIM designation, one must meet the following must haves:
Whole an coaching phase, go the exam, complete the membership application, and pay annual dues. The learning phase consists of the below:
- (CI 101) Financial Analysis for Industry Investment Exact Assets;
- (CI 102) Market Analysis for Industry Investment Exact Assets;
- Negotiation Training;
- (CI 103) Client Selection Analysis for Industry Investment Exact Assets;
- (CI 104) Investment Analysis for Industry Investment Exact Assets;
- Online Ethics Route.
The teachings are offered by means of lecture room, blended (online and lecture room), online instructor-led, online self-paced, and just about.
Membership Types
Depending on a person’s state of affairs, there are 3 different membership varieties available to CCIM applicants. The ones include the “Candidate Membership” that applies to the vast majority of trade precise assets execs and does not require any advanced ranges or additional designations; the “Rapid Track” membership for those trade precise assets execs that grasp other eligible trade precise assets designations, and the “School Rapid Track: Graduate and Undergraduate” membership for those who have eligible take hold of’s or bachelor’s ranges from allied universities.
Certified Industry Investment Member (CCIM) Whole Exam
The exam costs $375 and applicants be capable to take the Route Concepts Analysis (CCR) faster than a scheduled exam. The fee is $810. The exam is taken in-person on one day from 8 a.m. to 2 p.m. and is open-book. You can get right of entry to your grade the equivalent day at 5 p.m. Applicants need a grade of 70% or higher to go the exam. If an applicant fails the exam, they can retake it; 4 retakes are allowed.
