Thread: Any agents here with their CCIM designation?

Originally Posted by Rich_in_CT

I just passed my classroom final and should be taking my state license test in about a month. Looking to start working towards my CCIM as quickly as possible and hit the ground running. Also, I'm looking to join a brokerage that does all or mostly commericial as this is where I ultimately want to end up. No sense joining a residential brokerage as I won't learn anything of value. Just curious how many have their CCIM designation and how you felt about the courses and process. Also if anyone has any of their training materials still and want to unload them let me know.

For those that don't know what I am talking about please click here:

That's great, commercial is where the money is for sure. Just curious if there is no value in a residential brokerage, what other areas of the Real Estate Industry would a company work that does mostly commercial?

It isn't that there is no value in doing residential, my point is that if I want to specialize in commericial it makes no sense that I spend a lot of time working in an office that does mostly residential. As you know comm is a whole nother animal that takes years to master. One can spend 10 years just learning one niche such as industrial and not know everything. For me running around Sally and Bob Smith to see 2 bdr condos isn't very appealing. Commericial on the other hand excites me and to me I like the challange of larger projects.

Most brokerages around here do 95% res. Some do mostly res but have a few people in the office doing (usually the broker and more experienced folks) doing a fair amount of comm but are usually not specialists. We also have a few around here that do all or mostly commericial, the ones I have in mind I don't think handle any residential (at least I have yet to see one of their signs in front of a SFH).

But you need some knid of numbers first, right?
DOn't you need to sell x milions of dollars and/or x numbers of commercial properties to have access to the CCIM??

Correct Cody:
https://cciminstitute.com/education/...o_general.html

Current Volume Requirements

Each candidate must document personal involvement and consummation of no less than:
1) 10 qualifying activities that total $10 million or more
2) 1 or more activities totaling a minimum of $40 million
3) 30 activities without regard to total volume

Yeah, that's going to be the fun part. The good thing about a big number like that is it keeps the pikers out, if only there were some higher threshold for regular licenses.

Since no one said yes, I'll tell you I have finished 2 of the 4 classes and have most of the requirements. I plan to be a CCIM by summer 2008.

I have taken the first two courses. I fully intend on completing it within the next five years. They are very time consuming and expensive. Especially if you have to travel.

I think CCIM is definitely worth getting if you plan on focusing on commercial. The classes are full of useful info and are great for networking with commercial agents from all over the country. Hope this helps a little.

Originally Posted by Rich_in_CT

It isn't that there is no value in doing residential, my point is that if I want to specialize in commericial it makes no sense that I spend a lot of time working in an office that does mostly residential. As you know comm is a whole nother animal that takes years to master. One can spend 10 years just learning one niche such as industrial and not know everything. For me running around Sally and Bob Smith to see 2 bdr condos isn't very appealing. Commericial on the other hand excites me and to me I like the challange of larger projects.

Most brokerages around here do 95% res. Some do mostly res but have a few people in the office doing (usually the broker and more experienced folks) doing a fair amount of comm but are usually not specialists. We also have a few around here that do all or mostly commericial, the ones I have in mind I don't think handle any residential (at least I have yet to see one of their signs in front of a SFH).

I'll qualify I am a developer with no agent's licesne ever.

I've seen new commercial agents do well in residential offices, but they need the support of the whole team. By support I mean they refer all commercial/industrial work to that particular agent (in exchange for a referral fee).

In my neck of the woods a good residential agent can make $100-$200k; a good commercial agent with 20 years of contacts & experience can make very low 7 figures.

The CCIM is a very well respected designation for commercial agents. It could definitely help you market to potential customers, and the knowledge gained during the courses could really help. I think you can become a candidate and start taking classes while you are working on the required sales volume.