CCIM, is it worth it?

Hey guys, I have a question about the CCIM, I am still in undergrad and looking for ways to differentiate myself from other people looking at getting into a real estate acquisitions analyst role out of undergrad.
My mentor recommended the CCIM, I have read about it and understand I need a few years of experience before completing the designation, but between that, learning Argus and becoming more familiar withExcel, am I missing anything that entry analysts should have in their arsenal? Also based off of the previous discussion about the CCIM, I have heard mixed reviews as to the importance of this for the investment side of real estate as opposed to the brokerage side.

Comments (41)

9y
iNOOB, what's your opinion? Comment below:

也有兴趣。

9y
veljones69, what's your opinion? Comment below:

It's a well respected designation in the RE industry. I'm working on knocking the classes out now. My company is paying for it so I couldn't find a reason to say no while I'm there. It takes a while, but it is worth it. Two guys in my group just finished the whole thing and got their designations. If you can get it for free, you basically get to take trips places and take these classes while there, do it.

9y
Gregmademedoit, what's your opinion? Comment below:

Nothing wrong with the designation, but I doubt taking classes toward it will differentiate you as an undergrad. The CCIM designation is absolutely not mandatory in real estate, but for those who have it and are considering an applicant's resume they know that it is basically a certification that an applicant has reviewed and certified work experience. If I were reviewing resumes it is definitely a positive that I would automatically consider.

Assuming you're doing the normal method of obtaining the designation (through the portfolio) then you could theoretically knock out the work experience requirements in a few months depending on your deals.

  • 1
9y
液体纸, what's your opinion? Comment below:

大多数CCIM是经纪人的商业销售额不到500万美元和租赁。除非您是该利基市场的经纪人,并且希望成为“网络”的一部分,否则获得名称并不是任何好处。

尽管我对这个名称非常负面,但我在大学毕业后就为CCIM做了教育部分,它为核心概念提供了坚实的基础。

9y
Fuwuyuan, what's your opinion? Comment below:

Thanks for the insight on this topic, another designation that I heard may be useful is MAI. Has anyone had experience with this or had a colleague whom got this designation? I suppose the main thing I am trying to get across is: What should I be doing right now that would be considered above and beyond the generic business school undergrad experience.

9y
Gregmademedoit, what's your opinion? Comment below:

MAI is Member of the Appraisal Institute. You become an MAI with something like 3,000 (or maybe 5,000) hours of commercial appraisal experience gathered under the supervision of a Certified General Appraiser. Not really a designation that one gets unless trying to become a commercial appraiser. I've got something like 1,200 hours of qualified experience, which is really hard to get because very few MAIs are looking to train their competition. It's a very closed-off field.

9y
重估, what's your opinion? Comment below:

您应该进行第一门课程,商业房地产投资分析,它将向雇主表明您有动力,并且愿意付出更多的学习和成长。尽管您可能能够在“仅几个月”中满足投资组合的要求,但您必须在行业中全职工作5年才能获得指定。

If you have a masters in real estate you only have to take one course, I just don't know if its something I want behind my name given how many low level brokers have it.

  • 1
9y
Gregmademedoit, what's your opinion? Comment below:
重估:

您应该进行第一门课程,商业房地产投资分析,它将向雇主表明您有动力,并且愿意付出更多的学习和成长。尽管您可能能够在“仅几个月”中满足投资组合的要求,但您必须在行业中全职工作5年才能获得指定。

If you have a masters in real estate you only have to take one course, I just don't know if its something I want behind my name given how many low level brokers have it.

Not that it's super relevant, but you don't need 5 years of work experience to get the CCIM designation if you are submitting the traditional portfolio (where transactions are all that matters). If you are submitting through the streamlined process then you need 5 years of qualifying work experience. The CCIM Institute actually does a horrible job of explaining this on their website--I had to email them and ask the question directly to get this clarified.

Again, this isn't calling you out or anything--the Institute does a horrible job explaining this and I was totally confused as well. I have the contents of the email if you'd like me to PM or post it here.

Best Response
9y
重估, what's your opinion? Comment below:
DCDepository:
重估:

您应该进行第一门课程,商业房地产投资分析,它将向雇主表明您有动力,并且愿意付出更多的学习和成长。尽管您可能能够在“仅几个月”中满足投资组合的要求,但您必须在行业中全职工作5年才能获得指定。

If you have a masters in real estate you only have to take one course, I just don't know if its something I want behind my name given how many low level brokers have it.

Not that it's super relevant, but you don't need 5 years of work experience to get the CCIM designation if you are submitting the traditional portfolio (where transactions are all that matters). If you are submitting through the streamlined process then you need 5 years of qualifying work experience. The CCIM Institute actually does a horrible job of explaining this on their website--I had to email them and ask the question directly to get this clarified.

Again, this isn't calling you out or anything--the Institute does a horrible job explaining this and I was totally confused as well. I have the contents of the email if you'd like me to PM or post it here.

I suppose I remembered it that way b/c I was under the impression that the traditional approach was only for brokers. I work in acquisitions/development and I used to work in consulting so I assumed I had to stick with the streamlined transactional b/c the normal streamline requires you to have the same title for 5 years.

http://portfolio.ccim.com/howtos/process.action

Did you finish up the courses and earn the designation?

  • 3
9y
Teddy Roosevelt, what's your opinion? Comment below:

For the investment side it is a "neutral" designation. It won't hurt, but at the same time an interviewer will be more like: "Oh he has a CCIM, that's cool, it shows some dedication" rather than "oh wow, he has a CCIM designation, he must be quite knowledgeable." If that makes.

如果我是你,我只会花时间在指定上花在网络上。您可能会得到更好的结果。

Please don't quote Patrick Bateman.

  • 1
9y
重估, what's your opinion? Comment below:
DBCOOPER:

For the investment side it is a "neutral" designation. It won't hurt, but at the same time an interviewer will be more like: "Oh he has a CCIM, that's cool, it shows some dedication" rather than "oh wow, he has a CCIM designation, he must be quite knowledgeable." If that makes.

如果我是你,我只会花时间在指定上花在网络上。您可能会得到更好的结果。

What if you had a masters in RE and only had to take one class, would this change your mind?

  • 1
9y
Teddy Roosevelt, what's your opinion? Comment below:

RE的主人在不同的层面。在大多数行业中,他们往往会非常有利,因为校友团体通常非常紧密。如果您在看顶部,您的里程会有所不同REPEshop, as a targetMBA将要携带more weight.

Also, if you only have to take one class, then go for it. I'm not saying it's a bad thing, just that you get much more "bang for your buck" in other ways.

Please don't quote Patrick Bateman.

  • 1
9y
MBA_RE_GRAD, what's your opinion? Comment below:

I'm a bit torn on the CCIM. As a former candidate, I found the material helpful BEFORE I went to grad school. All of the classes in the CCIM curriculum are taught within the first 3 session of any graduate real estate finance class. I would recommend it if you are an undergrad looking to boost your resume and your employer is willing to pay for it. A better bang for your buck would be anMBA现实庄园或杂物。可能更昂贵 /耗时,但收益更大。

9y
coolhandlucas, what's your opinion? Comment below:

As mentioned above the CCIM is held by far more brokers than investment/development professionals. Many use it as a way to differentiate themselves; so they can say know they hard skills of the industry better than their peers.

我认为DC占有一席之地:将其用作改善自己的一种方式,尤其是如果您可以免费获得教育。不要依靠RE中的名称,因为它们不像其他行业那样有价值(例如CFAto finance).

9y
atwoodt, what's your opinion? Comment below:

If you are an independent consultant or want to teach some classes as an adjunct, it probably adds some level of credibility to your name. The only other reason why I would bother doing it is if I was pretty junior and my company was willing to pay for it. Other than that, I don't think it makes a heck of a lot of difference.

9y
重估, what's your opinion? Comment below:

您在这里看不到它们,因为CCIM的主要是房地产经纪人和财产税顾问,两者在华尔街不起作用。

  • 1
9y
由于审查制度,我退出了这个网站, what's your opinion? Comment below:

这是一个很好的指定,但是,绝对不是与高金融有关的人。我正在获取CCIM名称的路上 - 实际上,我有一本小册子由我的前主管准备并具有令人满意的项目工作经验并签名 - 但我从未上过上课。绝对不容易获得,因为工作经验要求非常狭窄。

我认为您会发现,一旦获得工作经验/建立简历并与合适的人见面,您最终将不需要许多名称。这不是像CPAor JD that you need to practice your trade.

Array

  • 2
9y
econcuptingcre, what's your opinion? Comment below:

由于瑞威尔和V-Tech。CCIM网站出售the designation as a much broader credential, more on par with the breadth of aCFA它似乎。他们声称该名称是针对“银行家,投资分析,开发商,资产管理人员”的,等等。

9y
Happypantmcgee, what's your opinion? Comment below:
econcuptingcre:
由于瑞威尔和V-Tech。CCIM网站出售the designation as a much broader credential, more on par with the breadth of aCFA它似乎。他们声称该名称是针对“银行家,投资分析,开发商,资产管理人员”的,等等。
It's almost like they're trying to encourage more people to get it or something.
If I had asked people what they wanted, they would have said faster horses - Henry Ford
  • 1
9y
由于审查制度,我退出了这个网站, what's your opinion? Comment below:

In fairness to the CCIM program, the knowledge itself from the classes would probably be pretty good for anyone in real estate, from developers to brokers. So they're not entirely wrong about that. It's just that the designation itself is not going to take you to the next level--in fact, the only way to get the designation itself is to have had the transactional experience. If you have the transactional experience required to obtain the designation then you probably don't "need" the designation.

我希望这有意义。

Array

  • 2
9y
rnschmidt, what's your opinion? Comment below:

CCIM will plug you into a global network of other CCIMs ready and willing to help you. Aside from the education, this is the most valuable part of CCIM. The courses are also very good. I studied finance and economics in college and the CCIM courses left me with so much more intuition on financial analysis,贴现现金流估值, etc. They also give you practical methods for evaluating any investment or lease transaction. Very worth it in my opinion if you're involved in theCREindustry.

  • 1
9y
gcj17, what's your opinion? Comment below:

Most life company lenders have their CCIM, so it must be a credential at some point for them.

9y
maserati123, what's your opinion? Comment below:

我在救生公司贷方工作,我的许多同事都有CCIM。他们都说这很容易(鉴于他们在获得该行业之前都在行业工作),而他们获得的唯一原因是因为我们的公司为此付出了代价。据我所知,我会同意弗吉尼亚理工学院4的观点...它不会带您到您的职业生涯中的新层面,并且似乎主要是为了抵押和租赁经纪人,这些经纪人需要向客户证明他们知道的客户某物。我认为大多数拥有它的贷方可能是因为他们的公司为此付出了代价,他们想知道为什么不……他们真的不需要像经纪人那样向客户证明事情。

  • 1
9y
scott.summers.1983, what's your opinion? Comment below:

有谁知道我可以在哪里购买二手书籍和材料的CCIM?我妻子正在完成她MBAnow, but the school does not have real estate classes. So I'm looking for other ways for her to study this on her own. Hence please let me know if you have CCIM materials that I can purchase from you.

FYI- This is all legal and covered under "fair use" the same as buying or selling a used textbook when you're in college. http://en.wikipedia.org/wiki/First-sale_doctrine "The first-sale doctrine creates a basic exception to the copyright holder's distribution right. Once the work is lawfully sold or even transferred gratuitously, the copyright owner's interest in the material object in which the copyrighted work is embodied is exhausted. The owner of the material object can then dispose of it as he sees fit. Thus, one who buys a copy of a book is entitled to resell it, rent it, give it away, or destroy it."

9y
重估, what's your opinion? Comment below:

购买这本书并塑造所有情况

http://www.amazon.com/mastering-real-estate-investment-ebook/dp/b00444del5y/ref=sr_1_3?s=books&ie=utf8&qid=1368403263&qid = 1368403263&

9y
rerook, what's your opinion? Comment below:

Thanks man, I appreciate it. I already have Gallinelli' "What Every Real Estate Investor Needs to Know About Cash Flow." Haven't got around to it yet as I'm currently on ULI's "Professional Real Estate Development" text. Looking forward to reading Gallinelli's stuff, I've only heard positive reviews of him. Any other book suggestions?

9y
Jaime_Lannister, what's your opinion? Comment below:

It is a little dated, but it is a good one to have in your library as takes one from basics tovarious valuation方案:

"Real Estate Market Valuation and Analysis – by Joshua Kahr, Michael C. Thomsett "

9y
诗论, what's your opinion? Comment below:

rerook, you may want to try www.getrefm dot com

9y
zoddle, what's your opinion? Comment below:

CCIM courses provide a good practical application onDCF分析。该研究所提供了自己的354manbetx -based cash flow applications. Highly recommended designation for commercial investment real estate.

9y
CREPATH, what's your opinion? Comment below:

I would absolutely recommend taking an Argus course and throwing that on your resume and even get certified if you have the spare cash. Argus is a key skill people want to see for Office/Industrial/Retail so if they don't have to teach you companies love that. Other than that I would just network and hustle.

9y
Bottera, what's your opinion? Comment below:
thexaspect:

所以,长时间潜伏者。短篇小说,我8蒙特hs or so out from leaving the military(August) and entering my last semester of B-school(IU Kelley Direct). Obviously not a target school, but still decent, and with ugrad in History from a midsize nowhere near target state school, it's going to be an uphill climb to even get a real job. I realize this. Even more so looking at an investment analyst type of role at a房地产投资信托.

话虽如此,我希望尝试放松自己的过渡,并使自己处于招聘目的更好的位置。因此,问题的真正根源是我拥有绝对零的专业房地产经验,并且只拥有两个物业。当然,我将这两个变成了现金流的租金,但仍然不是“专业”的水平。我觉得我对标准有很好的回应:“那么为什么是房地产?”类型的问题,但是像Argus Cert这样的东西会让我与任何竞争之间的区别?我的想法是,这将表现出对RE的合理兴趣,无论商店是否实际使用该软件,以及对进入的内容的基本理解DCFfor property. I'm also looking at working through the CCIM courseware online and taking the test. Obviously I wouldn't be certified without the experience, but would having the base requirements done be worthwhile? Lastly, I'm gearing up to take theCAPMexam in Dec(not enough PM hours to get PMP yet). Helpful? Hurtful? I'm not sure. The standardized knowledge there has been useful in my current role(Acquisitions and Systems Engineering for the Navy) but I'm not sure how a future interviewer would see it.

One last thing, would getting an RE license in my target market help? I've got the study materials already, I'm just not sure if that would pigeon hole me into some kind of standard sales job driving people around to SFR's..... Not interested in that.

I don't want to be overcertified and have a ton of unecessary letters behind my name, but at the same time I'd like to show serious interest without any requisite experience. It's a tough proposition I think.

Any thoughts would be helpful. Thanks!

什么分支?什么等级?目标市场?更多信息plz。

send me a pm if you don't want to share in the open.

9y
thexaspect, what's your opinion? Comment below:

海军,LT(O-3)NFO(来自Topgun的鹅),出于家庭原因看FL。我已经能够找到一些很大的房地产投资信托我知道那里有一个市场和就业机会。我有几个联系方式,我正在与之进行一些网络,但是我不在州(In VA),所以在我原本不完善的计划中,它仍然是一个扳手。通过电话/Skype进行一些信息类型会议,在那里还没有成功。

Bottom line, I want to make sure that I'm not wasting my time working on certs that are useless when I should be spending time with my kid instead. Doesn't sound like I'd be wasting my time though.

  • 2
9y
brosephstalin, what's your opinion? Comment below:

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Qui唯一的doluptas dolores。Eaque ratatione ducimus and quia sinus。Dignissimos eeliquam tuerma Maxime Recuntur Recusandae Omnis Earum。

9y
thexaspect, what's your opinion? Comment below:

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