CCIM certification question

[Steve Franco]

Hello,

I was just wondering if anyone has their CCIM.  I'd love to get into the commercial side of things and then recently heard the discussion on CCIM.  I looked into it and it's definitely expensive and time consuming, which is fine.  

My question is for those who have it.  Do you feel it was worth it?  Has your business substantially increased or changed due to having it? 

Lemme know!

Steve 

[Christopher Phillips]

@Steve Franco

I have a certificate from a 3 day program. Grueling and well worth the education.

The instructor was Edward Smith Jr,  semi retired with 40 years of commercial business. Currently lives in Connecticut, travels for training.

It takes about 1-3 years on average to complete the designation program, some people taking 10 years. It depends on how much time you split between residential and commercial. For people that are on a commercial team and do a lot of transactions, 1-3 years would work. For agents that only do 1-2 transactions per year, it will take a long time to complete.

In order to get the designation, an applicant must meet the following portfolio experience:

-Three (3) or more qualifying activities totaling $30 million or more; or

-Exactly ten (10) qualifying activities totaling $10 million or more; or

-Twenty (20) qualifying activities with no dollar volume requirement.

In general, designations don't increase business, they increase the level of competency. However, with commercial business, it helps to take live training to meet other commercial agents since they will generally be a source of business when looking for buyers for your properties or when looking for properties for your buyers.