4 minute read

Commercial Real Estate Alliance

The CCIM Designation, is it For You?

By: Tony Veldkamp, CCIM, SVN Commercial Advisory Group

If you look up any list of character traits of “highly successful people,” one that you will most likely always see listed is “never stop learning.” That is true in any sector of business, and especially true of the always changing commercial real estate profession. As commercial Realtors®, we have a duty to our clients to always be learning and honing our skills to provide them with the best service possible. One way to get additional education on your profession is by pursuing and earning a commercial real estate designation.

Earning a commercial real estate designation means that you have not just passed the required education and exams of the State of Florida, you have not just paid your Realtor® dues and attended orientation, but that you are willing to go further and work hard to earn that “Master’s Degree” (some say “Doctorate”) in your profession to show your commitment to your clients and your industry. You are not only making yourself a better Realtor®, but you will have the pleasant side effect of building your business as well.

Your choice for commercial real estate education tracts and designations include; ALC – Accredited Land Consultant, for those specializing in land transactions; SIOR – Society of Industrial and Office Realtors® for those specializing in office and industrial properties; and the CCIM designation – Certified Commercial Investment Member.

Earning the CCIM designation shows your clients and peers that you have completed the rigorous course work required by the CCIM Institute, have completed the required minimum level of experience, and have recommendations from fellow CCIM’s in your marketplace that you adhere to and attempt to perform at a higher level of service.

The CCIM education tract has four classes that focus on commercial real estate in regards to:

1 | Financial Analysis - skills needed to analyze a property as a commercial investment. 2 | Market Analysis - recognize the different investment factors of office, industrial, multifamily and retail properties. 3 | User Decision Analysis - help clients make leasing or purchasing decisions. 4 | Investment Analysis – optimize CRE investment returns and forecast investment performance.

Earning the CCIM designation can give you a much greater understanding of why people invest in commercial real estate. It allows you to see opportunities in your marketplace and also help your clients make those lease, buy and sell decisions. Earning the designation can help you build your business as you stand out from other agents as a CRE professional who has achieved a higher level of education.

Lastly, the various CCIM chapters that you can become a member of after earning the designation are great networking opportunities for referrals, doing deals, and continuing to learn from one another. Never stop learning. •

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RASM Scholarship Deadline Extended

Do you have kids currently in college, or maybe one who is about to graduate high school? Every year, the Association awards scholarships to deserving students in the Sarasota and Manatee area.

Members of RASM, their immediate family and members of the community who are continuing education or plan to continue education at a public or private university, college, community college or technical school are eligible to apply.

Scholarships support tuition, textbooks and other course-related fees. They are awarded to applicants from the public at large and to applicants who are immediate family members of Association members or current RASM members.

Scholarship awards are based solely on the merits of the selection criteria as set by the committee. The decision of the committee could reflect merit-based, need-based or even both.

APPLICATIONS ARE NOW DUE ON JUNE 1

With school closures and the many uncertainties during the coronavirus pandemic, the RASM

2019 Scholarship recipients.

Scholarship Committee has extended the application deadline to June 1 (original deadline was April 3).

For questions about RASM scholarships, visit www. myrasm.com/scholarships •

2020 SCHOLARSHIP APPLICATIONS OPEN SCHOLARSHIPS

We’re here for you and your students. Applications are now due on June 1, 2020.

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