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Posted: March 19, 2010
This is the year to get your CCIM designation!
A market adjustment to the portfolio volume requirements has been implemented. This market adjustment is effective until January 1, 2012.
All other requirements remain the same. Compare the market-adjusted requirements to previous requirements on the chart.
Each candidate must document personal involvement and consummation of no less than:
1. One or more qualifying activities totaling a minimum of $30 million. A three to five page narrative for each activity will be required along with examples of the use of CCIM skill sets (i.e. APOD, IRR, Cash Flow Analysis, Lease vs Own, etc)
2. Exactly 10 qualifying activities that must total $5 million or more; with examples of CCIM skill sets (i.e. APOD, IRR, Cash Flow Analysis, Lease vs Own, etc.)
3. In the event you're not able to provide 10 qualifying activities that total $10 million or more, you must submit 20 qualifying activities without regard to total volume; with examples of CCIM skill sets (i.e. APOD, IRR, Cash Flow Analysis, Lease vs Own, etc.)
Joseph Larkin, CCIM, CIPS, MCR, MRICS, SIOR is the 2010 chapter president of the Upstate New York CCIM chapter, Albany, N.Y.
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