News: Brokerage

Over 1,500 agents become “Commercial & Investment Real Estate-Certified”

Edward Smith

New York, NY According to Edward Smith Jr., CREI, ITI, CIC, GREEN, MICP, and CNE, over 1,500 agents in NY and CT are now recognized as being “Commercial and Investment Real Estate Certified (CIREC).” Agents receiving this certification have completed an extensive program over three days, learning the foundations needed to provide commercial and investment real estate brokerage services. 

This program was developed and is instructed by Smith. 

Smith has been in the real estate business for over 40 years, he is the author of more than a dozen real estate continuing education courses. Smith has personally taught over 15,000 agents to do commercial brokerage. He has authored 12 books on real estate, including four textbooks for Dearborn Publishing, and has over 200 published articles. Across the nation, thousands of other students have learned commercial real estate, taught by local instructors using Smith’s textbooks.  

In the CIREC program agents expanded their skills learning about:  

  • Financial Analysis, 
  • Advanced Investment Analysis, 
  • Internal Rate of Return functions, 
  • Taxation, 
  • Lease Structures and Clauses, 
  • Green Concepts; and much more. 
  • Their abilities to work better with their clients and customers were enhanced with seminars on: 
  • Fair Housing as applied to Commercial Properties, 
  • Inadvertent Discrimination, 
  • Commercial Marketing Resources, 
  • Generational Marketing, 
  • Tenant and Buyer Representation, 
  • Requests for Proposal, 
  • Negotiation Skills; and other topics.

These agents also demonstrated a commitment to ethical conduct by complying with the National Association of Realtors Code of Ethics requirement; to receive proper training before providing specialized real estate services, such as commercial and investment brokerage.

The program also serves as a refresher course for experienced commercial agents; and has been approved for continuing education credits in both states.

For details about the “Commercial and Investment Real Estate-Certified” program and course schedule visit Smith’s website at www.CommercialEd.com. Contact Smith at [email protected].

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,