The Certified Commercial Investment Member (CCIM) designation is conferred by the CCIM Institute to real estate professionals who complete a challenging education program, pass a comprehensive examination and demonstrate experiential requirements.
CCIMs demonstrate expertise in commercial real estate brokerage, asset management, valuation and investment analysis. The CCIM designation was established in 1969 by visionary professionals who worked to establish a network of ethical, professional practitioners. Today, there are CCIMs in every state, across Canada and Mexico, and in more than 30 nations overseas. Domestically, the network encompasses more than 1,000 markets, large and small. Globally, CCIMs comprise one of the largest commercial real estate networks in the world.
This powerful force means a CCIM has the resources to close a client transaction and provide a referral across the country or around the globe. This professional network has enabled CCIM members to close thousands of transactions annually, representing more than $200 billion in value. As a result, the experts who possess the CCIM designation are an invaluable resource for commercial real estate owners, investors and users.
The Designation Requirements Candidates for the CCIM designation must complete one of the two curriculum options: The general candidacy program (four core courses for a total of 12 core credits plus three elective credits) or the Fast Track program (an accelerated program available to candidates who have earned a qualifying designation). Those under the general candidacy program must successfully complete the CCIM coursework and submit a resume of qualifying experience showing a depth of experience in the commercial field. Each candidate must document in the resume: at least 10 qualifying activities that total $5 million or more, 20 activities regardless of the total volume, or $30 million in volume regardless of the number of activities. All activities documented must have taken place within five years prior to the resume submittal date. After fulfilling these requirements, the final element needed is to pass a comprehensive examination. Fast Track candidates must successfully complete the four core courses and pass the comprehensive examination within 18 months of the candidacy date. Each CCIM has successfully completed this graduate-level program composed of 200 hours of education. CCIM courses are refined regularly to keep current with a changing and dynamic industry.
All CCIMs have mastered such theories and issues as the time value of money, measuring investment performance, cash flow, analyzing the best use of a site, property supply and demand, evaluating and managing risk, lease-versus-own analysis, market demographics, negotiations, tax implications, financing options and geospatial technology.
The CCIM Membership Network.
For more than 40 years, Certified Commercial Investment Members (CCIMs) have been recognized as experts in commercial investment real estate. Backed by the most challenging education program in the industry, CCIMs bring an exceptional level of real world experience, market knowledge and negotiation skills to each client assignment. Today, about 15,000 professionals hold the CCIM designation throughout North America, Europe, Asia and Africa. Commercial real estate users, owners and investors recognize a CCIM as the first person to call for advice and direction in commercial real estate.
Why Use a CCIM?
There are countless benefits to working with a CCIM. Commercial real estate investment requires the counsel of a qualified professional. This holds true for the individual owner of an apartment building or the real estate director of a multinational corporation. A Certified Commercial Investment Member provides clients with the assurance that every decision will be made in the best interest of the client’s long-term investment objective. Industry experience.
Unparalleled education. Today’s technology. A network of support.
These factors set CCIMs apart from the competition. Plus, CCIMs are bound to the strictest ethical guidelines and standards of practice in the industry today. When assembling a commercial real estate investment team, start with a CCIM.
The CCIM Technology Network
Since the debut of www.ccim.com in 1995, all CCIMs have access to the most comprehensive technology tools in commercial real estate. Site To Do Business is the premier resource for market information and trends. It offers comprehensive integration of demographic information, GIS and analytical and financial tools. The Web-based application provides access to a variety of databases and reports, including demographics and maps, retail market potential, tapestry segmentation, consumer spending, business list data, flood source maps, Pictometry imagery, traffic counts, comparison reports and satellite imagery. The Site to Do Business converts raw data into valuable information, affording immeasurable knowledge to CCIMs for making the best real estate decisions on behalf of clients. Integrated with the Site To Do Business is Deal Sharing. Deal Sharing is a platform that a designee can send broadcasts to an email list for property and other business-related information sharing. And, the site now hosts the CCIM/Landauer Investment Trends Quarterly, a quarterly analysis of national transaction data. CCIMs can network with fellow members, other commercial real estate professionals and CIRE magazine staff through a full array of services including email, forums and property information services such as CCIMNet. CCIMs recognize that technology has not only energized the industry, but changed the way real estate business is transacted
Online Resource Provides CCIMs With State-Of-The-Art Business Tools
Quick access to the right information can make or break a deal in today’s technology-driven commercial real estate arena. Since the debut of its website www.ccim.com in 1995, the leadership of the CCIM Institute has continually stepped up to the plate to offer members technology resources designed to help them maintain a competitive marketplace advantage. In the fall of 1999, CIRE hit a grand slam with the unveiling of the Site To Do Business (STDB), an integrated resource of industry and business information. STDB, available only to Certified Commercial Investment Members (CCIMs) and CCIM candidates, was the first intranet tool of its kind offered to members of a commercial real estate association. Simply put, users of the STDB will have access to some of the most important analytical data, demographic and mapping reports, financial analysis tools, search engines and business news resources available today.
These features will be augmented by CCIM member profiles and property information posted on the CCIMNet Commercial Property Network. And, portions of the site can be tailored to fit the market needs of the individual member. Site To Do Business is the premier resource for market information and trends. It offers comprehensive integration of demographic information, GIS and analytical and financial tools. The Web-based application provides access to a variety of databases and reports, including demographics and maps, retail market potential, tapestry segmentation, consumer spending, business list data, flood source maps, Pictometry imagery, traffic counts, comparison reports and satellite imagery. The Site to Do Business converts raw data into valuable information, affording immeasurable knowledge to CCIMs for making the best real estate decisions on behalf of clients. Integrated with the Site To Do Business is CCIMREDEX, a real estate data exchange and repository of commercial property data.
It provides a platform for CCIMs to research, analyze and market properties all in one place. Property data is entered one time and distributed to multiple listing outlets nationwide. A key feature of the site is the ability to provide a central resource of useful information usually available in different locations or only to those commercial practitioners affiliated with large companies. Through the STDB, all CCIMs can save valuable time retrieving data and presentation-quality reports, and those members from small firms or independent brokers now have access to much of the same information available through costly subscription services. Furthermore, using the site is relatively easy. Requests for market reports and demographic statistics are made through an online form. Answers are delivered instantly to the user’s browser in the form of presentation-quality maps and reports. To keep the site up to date, new features are continually added, based on member demand and the availability of more advanced online resources. Since rapid access to data can be pivotal in commercial real estate, the Site To Do Business should prove to be one of the most valuable benefits offered to CCIMs and their clients. Technology alone, of course, will not result in a done deal. Market knowledge, business sense and negotiation skills are still essential for success in commercial real estate.
But with the STDB, CCIMs have another tool that can help them stay on par with the best in the business.