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A couple of very smart Commercial folks hang out here, they will have some good insight for you.
Michael Setunsky and Ken Jones and probably a few others that I cant think of right now.
Los Angeles, CA
Stevens Point, WI
Course content is terrific. Expensive to take all the courses and then the exam, not to mention ongoing dues! If you are serious, investigate. If you are not going to specialize, pass!
I haven't taken this course, but like with most of these designations my guess is that it will be worth it if you apply what you learn from the course.
Depend why you want to take it.
If you want to take it to get some basic knowledge, go for it.
Stevens Point, WI
Pacific Palisades, CA
Some people believe it has great value.
Curious to hear what Michael Setunsky and Ken Jones have to say.
Hands down Yes
We did not have that designation, and not many of our fellow brokers did either. We did well without it. A
From an education perspective I'd say yes - if you're looking for initials after your name, um No ;)
Panama City, FL
most who focus on commercial real estate have that designation....
I investigated this years ago and decided not to pursue it
For the knowledge if you want to expand into that area and can't find any other options, yes.
As far as having CRS, ePro, Diversity, EIEIO, GRI, ... after your name, no. Reason: certifications only matter to hiring managers who understand what they mean. In our world, sellers and buyers don't even know who NAR is, let alone what the certifications are.
John Sweeney - CCIM surely helps. I am planning the same - soon...
If you are new to anything, education is always worth the cost and time.
I don't think any designations are worth the ink to print them, but the schooling is well worth it.
It is a total commitment to commercial real estate and well worth it if you have the time, resources and are 100% sure that you want to commit to this field. Make sure you know the business well enough and don't stop until you are finished. Many start but not that many reach the finish line.
or MBA if not both.
Yes, it shows you are a career commercial realtor-broker. CCIMs in our area look down on all other realtors with a license often ignore other agents offers or refuse to pay a fair commission. They all belong to different associations as condition to pay other realtors. The exception is broker-JD type.
It gets very expensive - you can get similar (but not same) information from various books
John Sweeney In my opinion the CCIM designation is highly regarded among commercial agents who have it. The have a lot of resources available to their members including listing exposure. Unless you know some members very well, they are reluctant to work outside of their membership. Reason being they feel non members lack the expertise and skills required to complete a successful transaction. This is not being negative about the designation, but my experience.
I like to take courses for the knowledge. I do not lik to have to pay every year to renew the designation.
The education is worth your time but it is difficult to justify the annual dues unless you are involved in chapter leadership.
I do some commercial transactions but there isn't enough here to make it a specialization. Being new my advice is to focus on building your expertise and networking locally.