CIPS – Certified International Property Specialist

By
Real Estate Agent with Kwee Huset Realty
https://activerain.com/droplet/49hK

 

CIPS – Certified International Property Specialist

 

Question: What is CIPS?

Answer:  CIPS is a designation abbreviation of Certified International Property Specialist

 

How to get the CIPS Designation

There are two requirements to be qualified for the designation; with classes being offered through NAR approved instructors.

 

This picture was taken from CIPS class at PGPCNP Association of REALTORS® Instructor David Wyant from Across Borders School of Real Estate

 

cips class 

Requirement number 1:  Attend the full 5 days of educational courses and the following two required core courses which are for the REALTORS®

 

1.   Global Real Estate: Local Markets

2.     Global Real Estate: Transaction Tools

 

And three required elective courses chosen from the following list:

 

1.     Asia/Pacific and International Real Estate

2.     The Americas and International Real Estate

3.     Europe and International Real Estate

4.     The Middle East/Africa and International Real Estate

5.     NAR –At Home with Diversity Certification Course

6.     The Business of U.S Real Estate

7.     CRS 200 – Business Planning & Marketing for the Residential Specialist

8.     CRS 204 – Creating Wealth through Residential Real Estate Investments

9.     CCIM – Residential Real Estate Financial Analysis 

 

Requirement number 2:  Gather at least 100 points from any of the following categories

 

1.     Minimum of 3 international real estate transactions that contain an international client, funds, property which includes selling or renting a home in your local market to an immigrant, selling farm, land, vacation home, leasing a commercial property to a foreign investor, assisting your local clients with the purchase of a second home in another country, closing a transnational referral transaction, etc.  Maximum  transaction points is 75

2.     Other experience worth  10-25 points each

a)     Approved instructor in a real estate education program such as CCIM, CRS, REBAC, GRI, Corporate University. (25 points each)   Maximum instructor points is 50

b)    College Degree – count the points ONLY for the highest degree attained. Associates Degree(2 year) = 15 points; Undergraduate Degree(4 year) = 20 points; Advanced Degree = 25 points. Maximum degree points is 25

c)     Participation on a REALTOR® Association sponsored Trade Mission.  One Maximum Trade Mission points is 25

d)    Attendance at real estate, professional or economic development convention in any country OTHER than your own including NAR Study Tours, FIABCI Congresses, MIPIM, SIMA, etc.   One Maximum Convention points is 25

e)     Work abroad or study abroad for more than one year. (10 each)  Maximum abroad points is 25

f)      Author of published article on international business or cultural issues. (10  each) Maximum Published article points is 20

g)     Author of published book on international business or cultural issues.  One Maximum published book points is 25

h)    Current membership in a cultural/international organization.  (5 points each) Maximum membership points is 10

i)       Attendance at NAR International education sessions and events at the NAR Conference & Expo in November. ( 10 each)  Maximum NAR Convention & Expo points is 20

j)       Foreign language fluency other than your native language – meaning you are prepared to communicate with the client in their native language. (20 each)  Maximum Foreign language points is 40    

k)     Each professional certification and designation offered by an NAR Affiliate, Society or Council(ABR, ABRM, AHWD, ALC, ARM, CCIM, CPM, CRE, CRS, e-PRO, GAA, CREEN, CRI, PMN, RAA, RCE, RSPS, SFR, SIOR, SRES).   Other professional designation will be considered upon request.   15 points each. TRC=5 CIPS. Global Program for Association (formerly CIPS AE) = 10 points for REALTORS® only.     Maximum Certification/Designation  points is 30 

l)       Member of a REALTORS® Association Global/International Committee, Council or Forum at the State, local or national level. (10 each)  Maximum points is 30

 

CIPS Application Fees for All USA and Non-USA

 

There is a one- time only application fee of US$75.00 and Annual dues of US$220 which must be paid each year to National Association of REALTORS® and the CIPS network in order to maintain and use the CIPS designation and benefits.

March 31 is the deadline to be recognized at the CIPS Designee Breakfast at NAR Midyear Meetings. And September 30 is the deadline to be recognized at the CIPS Breakfast at REALTORS® Conference & Expo.

 

 

Purposes of the Designation

 

The designation will help you to discover and build more profitable and reciprocal referral relationships and businesses with other CIPS members throughout the world.

 

This information is gathered from the National Association of REALTORS® by Kwee Huset of Kwee Huset Realty.

 

Posted by

 

Kwee-Huset

Kwee Huset

Kwee Huset Realty - Venice Florida Real Estate

Broker/owner, REALTOR®,  CIPS, AHWD, ESRES, TRC  

Call today at 941-716-3090 for results.

info@kweehuset.com   

 

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Ambassador
3,983,810
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Kwee, I have noticed many of our Rainers have that designation. At this time it doesn't interest me but that could change. 

Jan 11, 2014 10:06 AM #1
Ambassador
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Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Hi, Kwee...are you going to get this designation? I think it would be something that might work for you. 

Jan 11, 2014 10:13 AM #2
Rainmaker
1,325,801
Nick T Pappas
Assoc. Broker/Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, @HomesBirmingham & Providence Property Mgmnt, LLC Hun... - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource

Kwee, with all the people that I deal with moving from other countries, obtaining the CIPS designation sounds like a great option helping to serve your clients better.

Jan 11, 2014 10:35 AM #3
Rainmaker
938,353
Kwee Huset
Kwee Huset Realty - Venice, FL
Venice Florida Homes For Sale

Hi Debbie, Electrolux from Sweden has operation in Memphis and Springfield TN and Volkswagen Group from Germany has assembly plant in Chattanooga TN. CIPS designation will be beneficial to you for helping the foreign buyers in real estate transactions.

Jan 11, 2014 10:44 AM #4
Rainmaker
938,353
Kwee Huset
Kwee Huset Realty - Venice, FL
Venice Florida Homes For Sale

Hi Debbie, just graduated yesterday however I have to submit my application for approval before I can use the designation.

Jan 11, 2014 10:45 AM #5
Rainmaker
938,353
Kwee Huset
Kwee Huset Realty - Venice, FL
Venice Florida Homes For Sale

Hi Nick, regretted I did not get it earlier because I thought my experience with helping many foreign buyers and sellers for over 10 years is more important than the designation.

Jan 11, 2014 10:53 AM #6
Rainmaker
3,248,378
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Kwee,  Sounds interesting,  glad you have the designation.

Jan 11, 2014 10:54 AM #7
Rainmaker
4,797,884
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks, Kwee.  Great information for anyone considering getting their Certified International Property Specialist designation.

Jan 11, 2014 08:48 PM #8
Rainmaker
3,229,648
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

Interesting what counts as requirements for this course. Building more professional business relationships is a nice way to get future referrals...

Jan 11, 2014 09:02 PM #9
Rainmaker
4,164,903
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Kwee, this is a wonderful designation for you, as you work with many foreign buyers!  Good luck!

Jan 11, 2014 11:44 PM #10
Rainmaker
1,181,530
Adrian Willanger
206 909-7536 AdrianWillanger-broker.com - Seattle, WA
Profit from my two decades of experience

Kwee-this, I believe, is one of the best NAR designations for anyone looking to do business with foreign buyers. Great information. 

Jan 12, 2014 12:07 AM #11
Rainmaker
36,704
Cheryl S . Glover
Keller Williams Classic III Realty - Clermont, FL
CIPS, CRS, Green, GRI, SFR, TRC,

Hi Kwee, 

Thank you for sharing the requirements for becoming a Certified International Property specialist.  I have been a CIPS for many years and what a wonderful addition it is to your Real Estate career.  What a thrill it is to sell a vacation home to someone from another nation!  I love meeting and helping them in a life changing move!

Jan 12, 2014 06:37 AM #12
Rainmaker
432,062
Shanna Hall
Real Estate Solutions - Kirkwood, MO
I love selling houses!!!St. Louis, MO 314-703-1311

Kwee- this looks like it is really hard to get this designation- good luck and keep us posted on how it works out!

Jan 12, 2014 10:07 PM #13
Ambassador
1,986,313
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Kwee, congratulations on finishing the CIPS institute!  As you know, the CIPS is one of my most cherished designations and hopefully it will be the same for you.  Looking forward to seeing you getting  pinned this year at NAR!  :-)

Jan 14, 2014 10:52 AM #14
Ambassador
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Michelle Cherie CarrCrowe Just Call...408-252-8900
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

CIPS is one of the designations I'm next considering to obtain.

Jan 14, 2014 02:23 PM #15
Rainmaker
525,308
Lisa Friedman
Great American Dream Realty - Essex, VT
30 Years of Real Estate Experience!

Kwee, Congratulations on obtaining your CIPS designation! You are one of the most knowlegeable real estate agents I know. Any buyer or seller would be very fortunate for you to put your knowledge and professionalism to use in assisting them with their home purchase or sale.

Jan 26, 2014 02:45 AM #16
Rainmaker
790,741
Carol Zingone
Berkshire Hathaway Home Services Florida Network Realty - Jacksonville Beach, FL
Global Realtor in Jax Beach, FL - ABR, CRS, CIPS
Congrats, Kwee - I just finished the CIPS in February this year, and the education was phenomenal!
Apr 03, 2014 09:13 PM #17
Rainmaker
4,164,903
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Kwee, this was such a good decision, as you work with many international clients - congratulations!

May 08, 2014 07:16 AM #18
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