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].

MORE FROM Brokerage

Berger and Koicim of Marcus & Millichap sell 17-unit multi-family for $8.8 million

Manhattan, NY Marcus & Millichap negotiated the sale of 207 E. Fourth St., a 17-unit mixed-use multi-family property the East Village. The asset sold for $8.8 million. “This transaction underscores
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,