In our blog last week, we revealed that Mike will be taking the Certified Commercial Investment Member (CCIM) exam.
We thought it might be helpful to share with you the requirement s to earn the coveted CCIM designation.
In short, candidates are required to:
- Join the CCIM Institute as an Institute Member
- Successfully complete the required and elective coursework
- Submit a portfolio of qualifying experience
- Pass the proficiency exam
After applying for membership, the candidate will need to complete the required coursework, which includes 184 hours; each required course is 40 hours (each elective is eight hours in length) and negotiation training hours of classroom instruction including: four courses in commercial real estate practice and investment, an online ethics course, eight hours of negotiations training, and two elective courses.
Another requirement is the submission of a portfolio of qualifying experience, which demonstrates the depth of the candidates’ commercial real estate experience.
Candidates must document the following:
- One or more qualifying activities totaling a minimum of $30 million, (This option will be eliminated effective December 31, 2011). OR;
- Exactly 10 qualifying activities that must total $5 million or more, OR;
- In the event you’re not able to provide 10 qualifying activities that total $5 million or more, you must submit 20 qualifying activities without regard to total volume.
Finally, a candidate will need to pass the comprehensive “final exam,” which will test his or her knowledge of the CCIM skills learned in the required courses.
Mike will take his exam in October, which will enable him to join the 9,000 elite members who have already earned the CCIM designation.
Click here for more information about the CCIM designation requirements.
Share with us what goals you are working toward?