What is a CCIM?
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.